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Blizzard posts record revenue, tops Xbox studios in FY26

8/9/2026

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Story summary
  • Blizzard posted its third-highest top-line revenue in fiscal year 2026, becoming Xbox’s top-performing studio.
  • FY25-26 marked the first back-to-back growth since FY17, driven by Overwatch and Diablo 4: Lord of Hatred.
  • Overwatch’s February 2026 soft relaunch added five heroes, a UI overhaul and broke its Steam concurrent-player record.
  • Blizzard will invest gains in games, staff and BlizzCon 2026 on September 12 in Anaheim, despite Xbox’s 11% FY26 decline and Microsoft’s up-to-1,600 layoffs plan.