Squad

Squad has made about $117M gross on Steam since December 2015, by our estimate, likely between $70.3M and $187M.

Developer
Offworld
Released
Dec 15, 2015
  • PCWindows
  • Steam DeckPlayable
Squad
Lifetime gross
~$117M
$70.3M–$187M
Last 30 days
~$827K
Gross revenue
Developer take-home
~$67.2M
After Valve’s cut
Estimated value
$13.2M
$7.26M–$19.1M
September 2026~$647Kdown29%vs prior monthValuedown34%vs a year agoBest monthSeptember 2023 · ~$2.69Mnow 76% below

Monthly gross, estimated

From monthly reviews · ±40% a bar
View as table
MonthEstimated gross
Oct ’26$607K
Sep ’26$647K
Aug ’26$913K
Jul ’26$756K
Jun ’26$750K
May ’26$900K
Apr ’26$797K
Mar ’26$898K
Feb ’26$814K
Jan ’26$921K
Dec ’25$998K
Nov ’25$1.62M
Oct ’25$956K
Sep ’25$1.89M
Aug ’25$853K
Jul ’25$1.06M
Jun ’25$891K
May ’25$1.36M
Apr ’25$759K
Mar ’25$1.17M
Feb ’25$897K
Jan ’25$1.49M
Dec ’24$1.86M
Nov ’24$1.44M
Oct ’24$1.38M
Sep ’24$1.07M
Aug ’24$827K
Jul ’24$1.03M
Jun ’24$1.18M
May ’24$1.43M
Apr ’24$2.08M
Mar ’24$1.17M
Feb ’24$1.24M
Jan ’24$1.52M
Dec ’23$1.45M
Nov ’23$1.54M
Oct ’23$2.4M
Sep ’23$2.69M
Aug ’23$727K
Jul ’23$1.13M
Jun ’23$1.07M
May ’23$940K
Apr ’23$810K
Mar ’23$1M
Feb ’23$1.33M
Jan ’23$1.53M
Dec ’22$1.28M
Nov ’22$1.16M
Oct ’22$775K
Sep ’22$805K
Aug ’22$866K
Jul ’22$1.22M
Jun ’22$1.08M
May ’22$1.12M
Apr ’22$1.32M
Mar ’22$1.05M
Feb ’22$778K
Jan ’22$771K
Dec ’21$667K
Nov ’21$662K
Oct ’21$611K
Sep ’21$639K
Aug ’21$816K
Jul ’21$819K
Jun ’21$830K
May ’21$908K
Apr ’21$898K
Mar ’21$1.01M
Feb ’21$1.13M
Jan ’21$1.09M
Dec ’20$1.39M
Nov ’20$2.44M
Oct ’20$1.59M
Sep ’20$1.46M
Aug ’20$641K
Jul ’20$664K
Jun ’20$545K
May ’20$1.07M
Apr ’20$495K
Mar ’20$500K
Feb ’20$474K
Jan ’20$682K
Dec ’19$924K
Nov ’19$1.64M
Oct ’19$356K
Sep ’19$133K
Aug ’19$204K
Jul ’19$1.03M
Jun ’19$711K
May ’19$192K
Apr ’19$113K
Mar ’19$112K
Feb ’19$101K
Jan ’19$131K
Dec ’18$375K
Nov ’18$1.45M
Oct ’18$221K
Sep ’18$182K
Aug ’18$289K
Jul ’18$470K
Jun ’18$487K
May ’18$381K
Apr ’18$334K
Mar ’18$367K
Feb ’18$796K
Jan ’18$370K
Dec ’17$440K
Nov ’17$1.91M
Oct ’17$420K
Sep ’17$364K
Aug ’17$407K
Jul ’17$668K
Jun ’17$703K
May ’17$465K
Apr ’17$1.03M
Mar ’17$362K
Feb ’17$407K
Jan ’17$565K
Dec ’16$615K
Nov ’16$2.56M
Oct ’16$171K
Sep ’16$212K
Aug ’16$416K
Jul ’16$364K
Jun ’16$463K
May ’16$287K
Apr ’16$299K
Mar ’16$338K
Feb ’16$509K
Jan ’16$1.09M
Dec ’15$1.64M

Valuation

$6.51M trailing-year take-home

Value, month by month

$0$10M$20M$30MDec ’15Mar ’18Jun ’20Sep ’22Dec ’24
View as table
Oct ’26$13.2M
Sep ’26$12.8M
Aug ’26$14.2M
Jul ’26$14.1M
Jun ’26$14.5M
May ’26$14.7M
Apr ’26$17.9M
Mar ’26$17.8M
Feb ’26$18.2M
Jan ’26$18.3M
Dec ’25$19.1M
Nov ’25$20.3M
Oct ’25$20M
Sep ’25$20.6M
Aug ’25$16.6M
Jul ’25$16.5M
Jun ’25$19.4M
May ’25$19.8M
Apr ’25$19.9M
Mar ’25$21.7M
Feb ’25$21.7M
Jan ’25$22.2M
Dec ’24$22.2M
Nov ’24$18.4M
Oct ’24$18.5M
Sep ’24$23.2M
Aug ’24$21.6M
Jul ’24$21.5M
Jun ’24$25.4M
May ’24$25.2M
Apr ’24$24.6M
Mar ’24$26.3M
Feb ’24$29.4M
Jan ’24$29.6M
Dec ’23$26.2M
Nov ’23$25.9M
Oct ’23$25.3M
Sep ’23$19.8M
Aug ’23$17.2M
Jul ’23$17.4M
Jun ’23$17.5M
May ’23$17.5M
Apr ’23$20.4M
Mar ’23$18.5M
Feb ’23$18.5M
Jan ’23$17.8M
Dec ’22$16.7M
Nov ’22$15.9M
Oct ’22$15.2M
Sep ’22$17.2M
Aug ’22$19.2M
Jul ’22$19.1M
Jun ’22$16.3M
May ’22$15.9M
Apr ’22$13.5M
Mar ’22$12.9M
Feb ’22$10.9M
Jan ’22$11.4M
Dec ’21$11.7M
Nov ’21$12.6M
Oct ’21$14.6M
Sep ’21$15.8M
Aug ’21$16.7M
Jul ’21$16.5M
Jun ’21$16.3M
May ’21$18.8M
Apr ’21$21.9M
Mar ’21$24M
Feb ’21$23.1M
Jan ’21$22M
Dec ’20$21.3M
Nov ’20$20.4M
Oct ’20$16.8M
Sep ’20$12.9M
Aug ’20$11.1M
Jul ’20$10.5M
Jun ’20$11M
May ’20$11.2M
Apr ’20$13.1M
Mar ’20$12.4M
Feb ’20$11.7M
Jan ’20$11M
Dec ’19$10M
Nov ’19$9.07M
Oct ’19$6.71M
Sep ’19$6.53M
Aug ’19$6.6M
Jul ’19$6.71M
Jun ’19$5.06M
May ’19$4.8M
Apr ’19$5.9M
Mar ’19$6.2M
Feb ’19$6.55M
Jan ’19$7.5M
Dec ’18$7.83M
Nov ’18$7.92M
Oct ’18$7.26M
Sep ’18$7.5M
Aug ’18$7.71M
Jul ’18$7.84M
Jun ’18$8.07M
May ’18$8.33M
Apr ’18$11.4M
Mar ’18$10.9M
Feb ’18$10.9M
Jan ’18$10.3M
Dec ’17$10.6M
Nov ’17$12.5M
Oct ’17$9.96M
Sep ’17$9.67M
Aug ’17$11.2M
Jul ’17$11.2M
Jun ’17$10.8M
May ’17$10.4M
Apr ’17$13.3M
Mar ’17$11.9M
Feb ’17$11.9M
Jan ’17$12.1M
Dec ’16$11.5M
Nov ’16$11.4M
Oct ’16$6.73M
Sep ’16$6.53M
Aug ’16$6.29M
Jul ’16$6.83M
Jun ’16$8.23M
May ’16$5.7M
Apr ’16$5.3M
Mar ’16$4.89M
Feb ’16$4.43M
Jan ’16$3.74M
Dec ’15$2.25M
What moves itFactor
Base multiple× trailing-12-month developer earnings2.20×
GenreAction, Massively Multiplayer, Strategy, Simulation1.08×
MomentumLast 6 months at 76% of the prior 60.85×
Player sentiment82% positive reviews1.00×
ValueRange $7.26M–$19.1M$13.2M
How we value games

Estimate refreshed Oct 23, 2026. Estimates use the review-multiplier method and can be off by 40% or more either way.

gamesELO values are estimates of what games earn, for fun and comparison. They are not investments, nothing here is a security, and nothing is for sale.