American video game development and digital distribution company

Valve Corporation, also known as Valve Software, is an American video game developer, publisher, and digital distribution company headquartered in Bellevue, Washington. It is the developer of the software distribution platform Steam โ€ฆ Wikipedia
Factsheet
Formerly Valve, L.L.C. (1996โ€“2003)
Company type Private
Factsheet
Formerly Valve, L.L.C. (1996โ€“2003)
Company type Private
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Wikipedia
en.wikipedia.org โ€บ wiki โ€บ Valve_Corporation
Valve Corporation - Wikipedia
November 20, 2025 - Valve uses a flat structure, whereby employees decide what to work on themselves. They develop games through playtesting and iteration, describing game design as a kind of experimental psychology. By 2012, Valve employed around 250 people and was reportedly worth over US$3 billion.
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Reddit
reddit.com โ€บ r/gaming โ€บ i wonder, how much valve worth?
r/gaming on Reddit: I wonder, how much Valve worth?
August 20, 2023 -

Iโ€™ve seen Bloomberg evaluation at ~ $8 billion, but it does seem like an undervaluation, by a lot (especially when its 2022 revenue is around $13 billion).

It can make money from:

  1. 30% cut for every game sold on platform - obviously the biggest source of income. Easiest to deduce.

  2. Micro transactions - pretty sure this one is undervalued, by a lot. There are a lot of people playing CS.Go and Dota (still), and in both games you can spend ungodly amounts of money to get your shiny pixels. Knowing people, Iโ€™m pretty sure they do that all the time.

  3. Game items market fee - that one I think is huge, just by sheer amount of transactions, and it seems no one even cares about it.

Did I miss anything? What do you think is more real evaluation?

Edit: my take is - north of x20 of what Bloomberg said, but less than x100.

Discussions

NetWorth of Steam? :: Steam Community
Gabe Newell owns about halt the shares of Valve and his net worth was around 4,1 billion in 2017. So Valve (and Steam) should be worth around 8-9 billion at the moment. More on steamcommunity.com
๐ŸŒ steamcommunity.com
October 3, 2018
I wonder, how much Valve worth?
Edit: my take is - north of x20 of what Bloomberg said That would value them higher than Disney. More on reddit.com
๐ŸŒ r/gaming
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0
August 20, 2023
Valve is likely worth far more than we think it is.

Valve is a privately owned company with no IPO so that number is just a speculative number of how much the corporation is worth it doesnโ€™t have to do with profits or revenue. If Gabe decides to take valve public that number would most likely increase substantially.

Atleast thatโ€™s my understanding. I could very well be wrong Iโ€™m not an expert at all

More on reddit.com
๐ŸŒ r/gaming
16
1
November 28, 2017
How much is Valve worth?
I've seen value estimates from $1.5 to $4 billion and since it's a privately (Gabely) held company there is no exact figure available. What I've wondered is what happens to Valve after Gabe dies. That's something they have to carefully consider in order to keep Valve strong, independent and free from being ruined by greed. Maybe Gabe will pass it on to his sons and hope that Valve keeps running as is? The problem is that he can't guarantee that somewhere along the line some inheritor wouldn't want to cash out and sell her share to speculators. Or pick one person to pass the mantle to, in an attempt to keep the spirit of Valve pure and the sense of responsibility strong. Share it with employees? Well I think they've all earned it, but it holds the same risk of eventual corruption. What they have going on now is something great and ownership could ruin it. Make a fund with a mission to keep Valve going strong and independent? In the end you have to transform somehow in order to keep on living. Maybe this is just the first phase from where something really great is born. What I do know is that Gabe holds all the cards. More on reddit.com
๐ŸŒ r/valve
10
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August 13, 2013
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Steam Community
steamcommunity.com โ€บ app โ€บ 730 โ€บ discussions โ€บ 0 โ€บ 4637114871638458752
Valve is worth $7.7 billion in 2022 :: Counter-Strike 2 General Discussions
December 2, 2024 - Valve is worth $7.7 billion in 2022. Valve generated around USD13 billion in total revenue in 2022, about USD10 billion of the revenue was from the Steam store. Valve's revenue from counter-strike hits $1 billion in 2023.
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Hacker News
news.ycombinator.com โ€บ item
Something I don't understand about Valve โ€“ the company has been around since 199... | Hacker News
October 13, 2022 - Because investors/VC can't buy in on it, so no trying to inflate the valuation ยท I'm not much of a video game player, but Valve seems to have millions of loyal, paying customers. Given that and their history of direct financial success (i.e., not just popularity with developers), $7.7B really ...
Find elsewhere
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PC Gamer
pcgamer.com โ€บ gaming industry
We learned just how small Valve really is this year, but also how good it is at raking in the cash: It's making more money per employee than Apple | PC Gamer
December 25, 2024 - The email chain is redacted so Valve's per-employee revenue generation isn't known, but the second-place finisher, Facebook, pulled in roughly $780,400 in annual net income per employee, so we at least know it's more than that.
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PC Gamer
pcgamer.com โ€บ gaming industry
Valve's reported profit-per-head from Steam commissions is out there, and at $3.5 million per employee it makes Apple and Facebook look like a lemonade stand | PC Gamer
July 4, 2025 - The FT's own calculationโ€”which just factors in the 79 employees Valve has on Steam, plus the 35 it has in "admin," yields the even more eye-watering number of $11.4 million per employee in operating profit from Steam commissions.
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LEVVVEL
levvvel.com โ€บ home โ€บ statistics โ€บ how much is valve worth? โ€” 2025 statistics
How much is Valve worth? โ€” 2025 statistics | LEVVVEL
September 16, 2024 - Nevertheless, from the available data, we can see that Valve is still a very successful company and we can only expect its revenue to continue growing over time. ... His lowest net worth was $1.1 billion in 2013.
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Guru3D
guru3d.com โ€บ home โ€บ archive โ€บ may 2024 โ€บ microsoft reportedly readies $16 billion bid to acquire valve / steam
Microsoft Reportedly Readies $16 Billion Bid to Acquire Valve / Steam
May 23, 2024 - The platform's profitability and extensive user base make it a critical asset in the PC gaming industry. Valve's estimated market valuation stands at around $8 billion, with co-founder and CEO Gabe Newell's net worth reportedly exceeding $4 ...
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Quora
quora.com โ€บ How-is-Valve-only-4-10-Billion-worth-if-they-have-so-many-users-which-buy-so-many-games-all-over-the-year
How is Valve only $4/10 Billion worth if they have so many users, which buy so many games all over the year? - Quora
Answer (1 of 7): Having millions of users doesn't always equates to higher profits. Allow me to explain. Firstly,Steam,the marketplace created & owned by Valve,is nothing but a middleman between the seller & the buyer. And as such,its income from the said transactions is also limited. Secondly,...
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Wikipedia
en.wikipedia.org โ€บ wiki โ€บ Gabe_Newell
Gabe Newell - Wikipedia
2 weeks ago - In 2025, Forbes estimated that Newell owned at least half of Valve and had a net worth of $11 billion.
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GameSpot
gamespot.com โ€บ articles โ€บ valve-boss-gabe-newells-worth-has-reportedly-incre โ€บ 1100-6454231
Valve Boss Gabe Newell's Worth Has Reportedly Increased By $1.4 Billion This Year Alone - GameSpot
October 20, 2017 - By Oscar Dayus on October 20, 2017 at 7:13AM PDT 56 Comments ยท Valve founder Gabe Newell has a net worth around $5.5 billion, according to the most recent rich list put together by business magazine Forbes.
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Forbes
forbes.com โ€บ profile โ€บ gabe-newell
Gabe Newell - Valve Corporation
Valve's Gabe Newell said in an ... Valve's Steam. ... The man behind Portal and Steam has an estimated net worth of $1.5 billion dollars....
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Celebrity Net Worth
celebritynetworth.com โ€บ home โ€บ richest business โ€บ ceos โ€บ gabe newell net worth
Gabe Newell Net Worth | Celebrity Net Worth
April 28, 2024 - Gabe Newell is an American businessman in the video game development field who has a net worth of $6 billion. Gabe Newell earned his fortune as the co-founder and managing director of the video game development and online distribution company ...
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Valve Corporation
valvesoftware.com โ€บ en โ€บ people
People at Valve - Valve Corporation
Lately I've been focusing on networking. Contact ... Gordon is a software/math type who is working on VR hardware. And by "working on VR hardware" I mean calibrating things. Allllll the things. So many things. ... Jay joined Valve from Tetragon where he was lead engineer and 3D engine developer of Virgin's Nanotek Warrior.
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Steam Community
steamcommunity.com โ€บ discussions โ€บ forum โ€บ 7 โ€บ 1732089092438726152
NetWorth of Steam? :: Steam Community
October 3, 2018 - Gabe Newell owns about halt the shares of Valve and his net worth was around 4,1 billion in 2017. So Valve (and Steam) should be worth around 8-9 billion at the moment.
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Youtubers
jm.youtubers.me โ€บ valve โ€บ youtube-estimated-earnings
Valve net worth, income and estimated earnings of Youtuber channel
Valve net worth, income and Youtube channel estimated earnings, Valve income. Last 30 days: $ 2.69K, August 2025: $ 0, June 2025: $ 2.08K, May 2025...
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Forbes
forbes.com โ€บ forbes homepage โ€บ innovation โ€บ gaming
Valve's Gabe Newell Is The Newest Video Game Billionaire
November 18, 2024 - Even the most conservative estimates put Valve's enterprise value at more than $3 billion, and since Newell owns more than 50% of the company, that means he's worth at least $1.5 billion.