Epic Games Inc. (Private: EPIC)
Electronic Gaming & Multimedia · Cary, NC, United States · Founded 1991
- Market capitalization: $32.0 billion
- Annual revenue: $6.0 billion
- Net income: $0.5 billion
- Employees: 4,000
- Sector: Communication Services
- Headquarters: Cary, United States
- Founded: 1991
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Epic Games is the creator of Fortnite, the Unreal Engine game development platform, and the Epic Games Store. Fortnite generates billions in revenue and has become a cultural phenomenon beyond gaming — hosting virtual concerts and brand events. Unreal Engine powers a huge percentage of AAA games and is expanding into film and architecture.
In-game purchases in Fortnite (skins, battle passes), licensing fees for Unreal Engine (5% royalty above $1 million in revenue), and the Epic Games Store (12% commission vs. Steam's 30%). The company also earns from its creator ecosystem and brand partnerships within Fortnite.
Founded in 1991 by Tim Sweeney in his parents' basement in Potomac, Maryland. Fortnite launched in 2017 and became a global phenomenon. The Epic vs. Apple lawsuit in 2020 over App Store fees became a landmark antitrust case. Tencent owns a 40% stake.
| Market Capitalization | $32.0B |
| Annual Revenue | $6.0B |
| Net Income | $0.5B |
| Profit Margin | 8% |
| Revenue per Employee | $1500000K |
| Stock Exchange | Private |
| Ticker Symbol | EPIC |
Financial data is approximate and based on most recent annual filings.
Fortnite hosted a Travis Scott virtual concert that was attended by 12.3 million concurrent players. Tim Sweeney personally owns over 40,000 acres of North Carolina forest for conservation.
Epic has three incredible assets: Fortnite, Unreal Engine, and the store. The fight against Apple's App Store monopoly could reshape the entire mobile economy.
What is Epic Games Inc.'s revenue?
Epic Games Inc. generates approximately $6.0 billion in annual revenue.
How many employees does Epic Games Inc. have?
Epic Games Inc. employs approximately 4,000 people worldwide.
What is Epic Games Inc.'s market cap?
Epic Games Inc. (EPIC) has a market capitalization of approximately $32.0 billion on the Private.
When was Epic Games Inc. founded?
Epic Games Inc. was founded in 1991 and is headquartered in Cary, NC, United States.
Who is the CEO of Epic Games Inc.?
Tim Sweeney is the current CEO of Epic Games Inc..
What is Epic Games Inc.'s website?
Epic Games Inc.'s official website is epicgames.com.
| CEO | Tim Sweeney |
| Sector | Communication Services |
| Industry | Electronic Gaming & Multimedia |
| Founded | 1991 |
| HQ | Cary, NC |
| Country | United States |
| Website | epicgames.com |
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