Xbox hardware revenue fell by $1.7 billion during fiscal 2026

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Game Developer · 4 min read · business

Xbox hardware revenue fell $1.7 billion (7%) during fiscal 2026, driven by a 29% drop in console sales and a 5% decline in content and services revenue. Microsoft is cutting 3,200 gaming jobs across studios including id Software, Double Fine, Compulsion, and Ninja Theory by June 2027.

Mentioned entities

Activision Blizzard Asha Sharma Call of Duty Compulsion Games Double Fine Game Pass Microsoft Obsidian Satya Nadella Undead Labs Xbox ZeniMax Online Studios id Software

Appeared in 2026-07-30.