FromSoftware’s 2023 Revenue Drops In Double Digits, New Financial Report Confirms

Armored Core 6 turns out an unexpected hit.

Story Highlights

  • FromSoftware is an exceptionally popular Japanese developer, known for its Dark Souls and Elden Ring IPs.
  • The developer’s financial report for the fiscal year ending March 2024 has now come out into the open.
  • As per the findings, FromSoftware has suffered a 29% loss in profit as compared to the last fiscal year. 

As per information pertaining to FromSoftware’s latest financial report for the fiscal year ending March 2024 provided by industry insider Dr. Serkan Toto, it seems that FromSoftware has suffered a loss in total generated revenue as compared to the previous year. The Japanese developer seems to have endured a 29% revenue drop as of late, earning 15.5 billion Japanese yen (103.2 million USD). 

While the net profit earned is 3.984 billion yen, the figure is down by 54.4% if you contrast it with the profits of the last fiscal year. It’s been said that this significant decline is due to the release of Elden Ring in 2022, which boosted sales for FromSoftware in that period, which, as of January 2024, has rolled over more than 25 million units to date.

Additionally, Elden Ring’s launch was decorated with success. It took the open-world action RPG no more than two weeks to reach the 2-million-copies-sold milestone, signaling nothing but good fortune for the creators behind the project. That said, since FromSoft did not release a new game during the last fiscal period, its sales saw the aforementioned substantial decline. 

Suffering from success realized. 

The Projection For This Year Remains Positive Thanks To Elden Ring’s DLC

Mesmerizing Boss Fights In Shadow Of The Erdtree
Messmer the Impaler In Shadow Of The Erdtree | Image By eXputer

The iconic Dark Souls and the relatively recent Elden Ring maker has long been praised as one of the greatest video game developers of all time, if not the greatest altogether—no questions asked. FromSoft reignited interest in its magnum opus with the onset of the Shadow of the Erdtree DLC, making us players go on an epic wild ride yet again. 


More on FromSoftware: 


Point being, Shadow of the Erdtree is going to skyrocket FromSoft’s net revenue again by the time the current fiscal year comes to a close, considering its high quality and depth of content that’s made it a fan-favorite among the community. What’s more, is that the DLC’s already sold over 5 million units in a span of one week. Absolutely incredible but deserving all the same.

eXputer rated Elden Ring’s DLC 5/5 in its review, with author Haris Umer remarking, 

Shadow of the Erdtree improves upon the already perfect Elden Ring with the addition of new weapons, regions, and bosses.” 

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Huzaifa, an Online News Editor at eXputer.com, is a video game industry aficionado with a talent for unearthing the juiciest stories for his beloved readers. Currently pursuing a Bachelor of Science degree in Data Science, he dives deep into the abyss of news, meticulously dissecting every tiny detail to serve his audience. When he's not unravelling breaking news, he becomes a master storyteller, conjuring up captivating tales from the depths of his imagination. With a wealth of experience as a Video Game Journalist, he's penned his mighty words for numerous other video game outlets, leaving no video game unturned and no pixel unexplored! Experience: 4+ Years || Education: Bachelor of Science in Data Science || Previously Worked at VeryAli Gaming & TheNerdMag || Covered 100+ News Articles

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