Shadow Tactics: Blades of the Shogun

Shadow Tactics: Blades of the Shogun has made about $21.8M gross on Steam since December 2016, by our estimate, likely between $13.1M and $34.8M.

Developer
Mimimi Games
Released
Dec 6, 2016
  • PCWindows, macOS, Linux
  • Steam DeckVerified
  • XboxOne
Shadow Tactics: Blades of the Shogun
Lifetime gross
~$21.8M
$13.1M–$34.8M
Last 30 days
~$35.5K
Gross revenue
Developer take-home
~$12.5M
After Valve’s cut
Estimated value
$608K
$334K–$882K
September 2026~$38.3Kup37%vs prior monthValuedown34%vs a year agoBest monthDecember 2016 · ~$1.55Mnow 98% below

Monthly gross, estimated

From monthly reviews · ±40% a bar
View as table
MonthEstimated gross
Oct ’26$24.3K
Sep ’26$38.3K
Aug ’26$28.1K
Jul ’26$34.5K
Jun ’26$37.8K
May ’26$34.5K
Apr ’26$34K
Mar ’26$44.2K
Feb ’26$39.9K
Jan ’26$44.8K
Dec ’25$42.1K
Nov ’25$44.2K
Oct ’25$51.2K
Sep ’25$41K
Aug ’25$42.1K
Jul ’25$64.2K
Jun ’25$62.6K
May ’25$43.7K
Apr ’25$53.4K
Mar ’25$66.9K
Feb ’25$75.5K
Jan ’25$76.1K
Dec ’24$69.1K
Nov ’24$54.5K
Oct ’24$59.3K
Sep ’24$74.4K
Aug ’24$62.6K
Jul ’24$62.6K
Jun ’24$61.5K
May ’24$52.9K
Apr ’24$41K
Mar ’24$70.1K
Feb ’24$67.4K
Jan ’24$104K
Dec ’23$84.2K
Nov ’23$88.5K
Oct ’23$69.1K
Sep ’23$80.9K
Aug ’23$160K
Jul ’23$87.9K
Jun ’23$61K
May ’23$62.6K
Apr ’23$64.7K
Mar ’23$95.5K
Feb ’23$96.6K
Jan ’23$140K
Dec ’22$96K
Nov ’22$125K
Oct ’22$82.5K
Sep ’22$80.4K
Aug ’22$103K
Jul ’22$93.9K
Jun ’22$143K
May ’22$123K
Apr ’22$119K
Mar ’22$84.2K
Feb ’22$151K
Jan ’22$174K
Dec ’21$404K
Nov ’21$310K
Oct ’21$119K
Sep ’21$256K
Aug ’21$197K
Jul ’21$408K
Jun ’21$217K
May ’21$433K
Apr ’21$237K
Mar ’21$730K
Feb ’21$457K
Jan ’21$325K
Dec ’20$176K
Nov ’20$307K
Oct ’20$132K
Sep ’20$352K
Aug ’20$267K
Jul ’20$896K
Jun ’20$494K
May ’20$228K
Apr ’20$477K
Mar ’20$244K
Feb ’20$404K
Jan ’20$169K
Dec ’19$385K
Nov ’19$174K
Oct ’19$73.9K
Sep ’19$32.9K
Aug ’19$70.7K
Jul ’19$136K
Jun ’19$161K
May ’19$64.2K
Apr ’19$115K
Mar ’19$70.7K
Feb ’19$60.4K
Jan ’19$134K
Dec ’18$121K
Nov ’18$344K
Oct ’18$68K
Sep ’18$108K
Aug ’18$196K
Jul ’18$141K
Jun ’18$337K
May ’18$136K
Apr ’18$291K
Mar ’18$209K
Feb ’18$250K
Jan ’18$573K
Dec ’17$301K
Nov ’17$642K
Oct ’17$150K
Sep ’17$190K
Aug ’17$247K
Jul ’17$263K
Jun ’17$271K
May ’17$244K
Apr ’17$250K
Mar ’17$175K
Feb ’17$218K
Jan ’17$497K
Dec ’16$1.55M

Valuation

$267K trailing-year take-home

Value, month by month

$0$5M$10MDec ’16Dec ’18Dec ’20Dec ’22Dec ’24
View as table
Oct ’26$608K
Sep ’26$620K
Aug ’26$734K
Jul ’26$755K
Jun ’26$801K
May ’26$713K
Apr ’26$854K
Mar ’26$883K
Feb ’26$781K
Jan ’26$827K
Dec ’25$868K
Nov ’25$904K
Oct ’25$917K
Sep ’25$928K
Aug ’25$1.14M
Jul ’25$1.17M
Jun ’25$1.17M
May ’25$1.17M
Apr ’25$1.18M
Mar ’25$1.17M
Feb ’25$1.17M
Jan ’25$1.16M
Dec ’24$1.2M
Nov ’24$1.22M
Oct ’24$1.28M
Sep ’24$1.1M
Aug ’24$1.11M
Jul ’24$1.23M
Jun ’24$1.27M
May ’24$1.27M
Apr ’24$1.51M
Mar ’24$1.54M
Feb ’24$1.58M
Jan ’24$1.87M
Dec ’23$1.68M
Nov ’23$1.7M
Oct ’23$1.76M
Sep ’23$1.78M
Aug ’23$1.78M
Jul ’23$1.43M
Jun ’23$1.7M
May ’23$1.82M
Apr ’23$1.92M
Mar ’23$2M
Feb ’23$1.98M
Jan ’23$2.07M
Dec ’22$1.8M
Nov ’22$2.2M
Oct ’22$2.45M
Sep ’22$2.49M
Aug ’22$2.72M
Jul ’22$2.85M
Jun ’22$3.26M
May ’22$3.36M
Apr ’22$3.76M
Mar ’22$3.92M
Feb ’22$4.76M
Jan ’22$5.16M
Dec ’21$5.36M
Nov ’21$5.06M
Oct ’21$5.06M
Sep ’21$5.97M
Aug ’21$7.04M
Jul ’21$8.1M
Jun ’21$6.98M
May ’21$7.41M
Apr ’21$7.09M
Mar ’21$6.34M
Feb ’21$5.71M
Jan ’21$5.64M
Dec ’20$6.39M
Nov ’20$7.72M
Oct ’20$7.48M
Sep ’20$8.34M
Aug ’20$7.7M
Jul ’20$7.31M
Jun ’20$5.79M
May ’20$5.12M
Apr ’20$4.79M
Mar ’20$4.07M
Feb ’20$3.72M
Jan ’20$2.68M
Dec ’19$2.62M
Nov ’19$1.87M
Oct ’19$1.81M
Sep ’19$1.8M
Aug ’19$1.9M
Jul ’19$2.07M
Jun ’19$2.07M
May ’19$2.31M
Apr ’19$2.82M
Mar ’19$2.63M
Feb ’19$2.81M
Jan ’19$3.06M
Dec ’18$3.63M
Nov ’18$3.87M
Oct ’18$4.26M
Sep ’18$4.37M
Aug ’18$4.47M
Jul ’18$4.54M
Jun ’18$5.53M
May ’18$5.43M
Apr ’18$7.27M
Mar ’18$6.36M
Feb ’18$6.3M
Jan ’18$6.24M
Dec ’17$5.31M
Nov ’17$6.15M
Oct ’17$5.3M
Sep ’17$5.11M
Aug ’17$4.86M
Jul ’17$4.54M
Jun ’17$4.93M
May ’17$4.51M
Apr ’17$4.14M
Mar ’17$3.75M
Feb ’17$3.48M
Jan ’17$3.15M
Dec ’16$2.38M
What moves itFactor
Base multiple× trailing-12-month developer earnings2.20×
GenreStrategy, Action, Adventure1.02×
MomentumLast 6 months at 79% of the prior 60.85×
Player sentiment96% positive reviews1.20×
ValueRange $334K–$882K$608K
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.