Blizzard is reportedly Xbox’s best-performing studio, says revenue in its last fiscal year was its third-highest ever
Key Points:
- Blizzard was the top-performing Xbox studio in the fiscal year from July 2025 to June 2026, achieving the third-highest revenue in its history, according to an internal email from Blizzard president Johanna Faries.
- The studio experienced back-to-back growth in fiscal years 2025 and 2026, marking its first consecutive years of growth since 2017.
- Key drivers of Blizzard’s strong financial performance were the success of Overwatch and the April release of Diablo 4’s second expansion, Lord of Hatred.
- The positive results are expected to enable increased investment in Blizzard games, staff, and future initiatives, although specific plans were not detailed.
- Despite Blizzard’s success, Xbox overall saw a revenue decline in FY2026, with content, services, and hardware revenues dropping by 10% and 13% respectively in Q4 compared to the previous year.