Valheim
Valheim has made about $195M gross on Steam since February 2021, by our estimate, likely between $117M and $312M.
- Developer
- Iron Gate AB
- Released
- Feb 2, 2021
- Genres
- Adventure, Action, Early Access
- PCWindows, macOS, Linux
- Steam DeckVerified
- Lifetime gross
- ~$195M
- $117M–$312M
- Last 30 days
- ~$2.94M
- Gross revenue
- Developer take-home
- ~$112M
- After Valve’s cut
- Estimated value
- $22.7M
- $12.5M–$32.9M
September 2026~$4.1Mup545%vs prior monthValueup62%vs a year agoBest monthFebruary 2021 · ~$45.8Mnow 91% below
Monthly gross, estimated
View as table
| Month | Estimated gross |
|---|---|
| Oct ’26 | $1.74M |
| Sep ’26 | $4.1M |
| Aug ’26 | $636K |
| Jul ’26 | $857K |
| Jun ’26 | $642K |
| May ’26 | $667K |
| Apr ’26 | $729K |
| Mar ’26 | $976K |
| Feb ’26 | $860K |
| Jan ’26 | $987K |
| Dec ’25 | $797K |
| Nov ’25 | $1.63M |
| Oct ’25 | $909K |
| Sep ’25 | $927K |
| Aug ’25 | $699K |
| Jul ’25 | $719K |
| Jun ’25 | $677K |
| May ’25 | $802K |
| Apr ’25 | $990K |
| Mar ’25 | $1.27M |
| Feb ’25 | $1.06M |
| Jan ’25 | $1.18M |
| Dec ’24 | $1.56M |
| Nov ’24 | $1.99M |
| Oct ’24 | $878K |
| Sep ’24 | $703K |
| Aug ’24 | $833K |
| Jul ’24 | $1.23M |
| Jun ’24 | $1.23M |
| May ’24 | $1.67M |
| Apr ’24 | $933K |
| Mar ’24 | $1.17M |
| Feb ’24 | $973K |
| Jan ’24 | $1.52M |
| Dec ’23 | $1.47M |
| Nov ’23 | $1.98M |
| Oct ’23 | $895K |
| Sep ’23 | $909K |
| Aug ’23 | $892K |
| Jul ’23 | $1.23M |
| Jun ’23 | $826K |
| May ’23 | $879K |
| Apr ’23 | $1.22M |
| Mar ’23 | $1.52M |
| Feb ’23 | $1.43M |
| Jan ’23 | $2.98M |
| Dec ’22 | $3.71M |
| Nov ’22 | $2.72M |
| Oct ’22 | $1.12M |
| Sep ’22 | $1.14M |
| Aug ’22 | $1.26M |
| Jul ’22 | $1.56M |
| Jun ’22 | $1.49M |
| May ’22 | $1.7M |
| Apr ’22 | $1.47M |
| Mar ’22 | $1.77M |
| Feb ’22 | $2.42M |
| Jan ’22 | $3.52M |
| Dec ’21 | $3.27M |
| Nov ’21 | $11.3M |
| Oct ’21 | $2.23M |
| Sep ’21 | $3.71M |
| Aug ’21 | $2.18M |
| Jul ’21 | $2.59M |
| Jun ’21 | $2.81M |
| May ’21 | $4.39M |
| Apr ’21 | $8.82M |
| Mar ’21 | $29.6M |
| Feb ’21 | $45.8M |
Valuation
Value, month by month
View as table
| Oct ’26 | $22.7M |
| Sep ’26 | $20.4M |
| Aug ’26 | $11.6M |
| Jul ’26 | $11.7M |
| Jun ’26 | $13.5M |
| May ’26 | $13.6M |
| Apr ’26 | $15.8M |
| Mar ’26 | $16.2M |
| Feb ’26 | $14.5M |
| Jan ’26 | $14.7M |
| Dec ’25 | $15M |
| Nov ’25 | $16M |
| Oct ’25 | $14M |
| Sep ’25 | $13.9M |
| Aug ’25 | $13.7M |
| Jul ’25 | $13.8M |
| Jun ’25 | $16.9M |
| May ’25 | $17.7M |
| Apr ’25 | $21.6M |
| Mar ’25 | $21.5M |
| Feb ’25 | $18.6M |
| Jan ’25 | $18.4M |
| Dec ’24 | $18.9M |
| Nov ’24 | $18.8M |
| Oct ’24 | $18.8M |
| Sep ’24 | $18.8M |
| Aug ’24 | $19M |
| Jul ’24 | $19.1M |
| Jun ’24 | $19.1M |
| May ’24 | $18.6M |
| Apr ’24 | $20.2M |
| Mar ’24 | $20.6M |
| Feb ’24 | $18.4M |
| Jan ’24 | $19M |
| Dec ’23 | $20.9M |
| Nov ’23 | $20.2M |
| Oct ’23 | $21M |
| Sep ’23 | $21.2M |
| Aug ’23 | $21.5M |
| Jul ’23 | $21.9M |
| Jun ’23 | $22.2M |
| May ’23 | $31.1M |
| Apr ’23 | $36.5M |
| Mar ’23 | $36.9M |
| Feb ’23 | $33M |
| Jan ’23 | $34.5M |
| Dec ’22 | $30.7M |
| Nov ’22 | $25.6M |
| Oct ’22 | $35M |
| Sep ’22 | $36.2M |
| Aug ’22 | $39M |
| Jul ’22 | $40M |
| Jun ’22 | $41.1M |
| May ’22 | $42.6M |
| Apr ’22 | $61.5M |
| Mar ’22 | $63M |
| Feb ’22 | $83.9M |
| Jan ’22 | $131M |
| Dec ’21 | $127M |
| Nov ’21 | $124M |
| Oct ’21 | $111M |
| Sep ’21 | $109M |
| Aug ’21 | $124M |
| Jul ’21 | $121M |
| Jun ’21 | $117M |
| May ’21 | $114M |
| Apr ’21 | $108M |
| Mar ’21 | $96.8M |
| Feb ’21 | $58.8M |
| What moves it | Factor |
|---|---|
| Base multiple× trailing-12-month developer earnings | 2.20× |
| GenreAdventure, Action, Early Access | 0.93× |
| MomentumLast 6 months at 145% of the prior 6 | 1.15× |
| Player sentiment93% positive reviews | 1.10× |
| ValueRange $12.5M–$32.9M | $22.7M |
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.