We all know that Overwatch is doing very great for itself ever since it was launched like a year ago. It was released on 24th May last year and they will be celebrating it’s first birthday. They have surpassed 13 million registered players, they have gotten that being Blizzard of course, over 1 billion dollars thanks to Overwatch.
According to the latest reports from Activision Blizzard Overwatch is the company’s “8 billion dollar franchise” meaning that same sort of ranks as franchises like Call of Duty.
The financial report include the fact that Blizzard made 441 million dollars in the first quarter of the year which is an increase of a rather impressive 50% year-over-year and they have this biggest online player community in history with 41 million monthly active users.
Undoubtedly Overwatch have big hand in this as of course 30 million players and a huge increase in active users given all the events and skins and new heroes and so on. Overwatch has definitely been a big contributor and they have also seen revenues from in-game content like DLC elite loot boxes and so on. Rise 25 % from from 2016.
The multi-active users did grow over here and the very new expansion did bring in a record number of monthly players and Half Stone is not exactly doing all that bad either given that that game has 70 million registered players.
For the quarter ending March 31st, 2017 the operating margin was up 43% and operating cash flows were again at a record of 411 million. Once again an increase this time 22% year-over-year. So, basically Blizzard have been doing very well for it self and Overwatch is undoubtedly a big contributor to that. However, we are not talking just Blizzard here we are talking Activision Blizzard as well. And there’s a comment from Bobby Kotick the chief executive officer of Activision Blizzard who said:
This quarter we delivered record revenues earnings per share and cash flow and over performed guidance. Among the drivers of our results was Overwatch, which now has over 30 million players globally. The Overwatch League™ is gaining momentum and we’re excited to offer our community of players the best professional league experience. Destiny 2 and Call of Duty: WWII are also coming later this year, and both reveals have been very well received by fans.
So, basically the long haul that is Blizzard itself is doing very well and of course Activision Blizzard as a whole are doing very very well indeed and once again the some of that share definitely goes on the shoulders of Overwatch but will they continue? We’ll have to wait and see.