Steam Passes 200 Million Monthly Active Users, 50% More Than PlayStation

Steam has passed 200 million monthly active users, according to new estimates from analyst Simon Carless. The figure represents a significant lead over PlayStation, which Sony officially reported at 125 million MAUs at the end of March 2026. Steam also generated approximately $11.1 billion in gross revenue during the first half of 2026, a 14.5% increase compared to the same period in 2025, according to Alinea Analytics.