Activision Blizzard added $2B in revenue to Xbox’s Q2 growth

Microsoft revealed during its latest financial earnings report that its Xbox gaming division has seen a dramatic increase in revenue after last year’s acquisition of Activision Blizzard. Xbox’s revenue increased 60%, while overall gaming revenue grew 48%. According to Microsoft, a large part of this growth — the majority of it, even — is due to the acquisition, with Activision Blizzard adding $2 billion of revenue in the second quarter of fiscal year 2024.

According to the latest quarterly earnings report, Xbox’s increase in revenue saw 55 points of impact from the acquisition. One of the slides in the report (shown above) reveals that the acquisition added $2.08 billion in revenue for Microsoft this quarter, with roughly $440 million in operating loss. It also added that Xbox hardware grew 3% year-over-year.