
Valve's Stellar Profit per Employee Outshines Tech Giants
A recent analysis reveals that Valve's Steam platform yields an impressive profit of $3.5 million per employee, surpassing that of major corporations like Apple and Facebook.
Recent documents leaked from the ongoing legal dispute between Valve and Wolfire Games shed light on the company’s remarkable profitability. According to Kristian Miller, a data scientist for Valve, the firm generates a staggering $3.5 million profit per employee, which places it ahead of tech heavyweights like Facebook, which reports around $780,000, and Apple, with about $476,160 per employee.
The Financial Times initially uncovered these figures, including Steam’s commission revenue, which has skyrocketed from approximately $100 million in 2009 to an astonishing $2 billion by 2021. The gross profit margin for Valve has similarly surged, climbing from 30% to nearly 60%.
With 336 employees in 2021, this profit translates into an operating profit of around $1.2 billion generated solely from the Steam platform. Comparatively, Valve’s chief profit number dwarfs that of Facebook by a substantial margin, highlighting the significant financial success of Valve’s business model. This trend suggests that Valve’s capacity for generating high profits per employee stands as a notable achievement in the gaming industry.