Xbox isn’t a console anymore, it’s a gaming brand. This has been reaffirmed with Microsoft’s Q4 FY25 financial results, as it touts a growing number of “active Xbox users” despite faltering console sales.
The specificity, as ever, is lost in the hyperbole, but what we do know is that across all platforms and services, it claims to have “500 million monthly active” gamers.
Revenue from the Xbox content and services division (a combination of game sales and Game Pass subscribers) grew 13% in the quarter, which ran between April and June 2025.
Forza Horizon 5’s strong PlayStation 5 sales – it was released on Sony’s console in April – were called out as a primary contributor.
“We are now the top publisher on both Xbox and PlayStation this quarter with successful launches of Forza Horizon 5 and The Elder Scrolls IV: Oblivion Remastered,” said Microsoft Chairman and Chief Executive Officer, Satya Nadella.
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