How Much Money is Respawn Entertainment Worth as of 2023?

As both a hardcore Apex Legends player and someone who follows the business side of gaming closely, I couldn‘t help but wonder — just how much is Respawn Entertainment worth in 2024 following their acquisition by Electronic Arts (EA)? By looking at the studio‘s game revenues and history, we can estimate their immense and growing value under the EA banner.

Respawn‘s Worth at Acquisition: $315 Million

First, let‘s establish some context. EA purchased Respawn Entertainment for $315 million in November 2017. This figure included:

• $151 million in cash upfront
• $164 million in potential equity payouts

So EA saw a lot of potential in investing in the studio behind hit shooter series Titanfall, especially with Respawn founders Vince Zampella and Jason West at the helm. These guys have major credibility from their early days with Infinity Ward.

To fund this purchase, EA likely expected Respawn would produce multiple blockbuster franchises over the coming years. And that bet has definitely paid off so far…

Estimated Revenues Since Acquisition

Thanks to free-to-play battle royale Apex Legends exploding in popularity since its February 2019 launch, Respawn is raking in big bucks from their games:

Total Revenues from Major Titles:

These figures are just from reports on EA‘s earnings calls, so the real numbers are likely even higher! It‘s clear that in just 3 years under EA, Respawn has already made back its acquisition cost multiple times over.

What is Respawn‘s Worth in 2024?

Figuring out any gaming company‘s exact valuation isn‘t easy. But based on these revenue figures and future growth potential with titles like the Apex Legends mobile release, I estimate Respawn Entertainment‘s current worth at $2 to $3 billion.

To put it in perspective, here‘s how Respawn compares valuation-wise to some other top studios:

So while Respawn isn‘t yet a "decacorn" level studio like Epic Games, their enormous success in just over 10 years in business is seriously impressive.

How Much Money Does Respawn Make From Apex Legends?

The crown jewel in Respawn Entertainment‘s catalog is obviously Apex Legends. This free-to-play battle royale had earned a staggering $2 billion total in lifetime revenue by the end of 2021. That even includes a 2-year gap between the game‘s launch and the start of its official Esports league.

Apex makes money by selling:

• Battle Passes – $10 seasonal passes offering exclusive cosmetics and rewards
• In-game skins & currency – Individual and bundle purchases using premium Apex Coins
• Sponsorships & media rights – Brand deals and partnerships based on Apex‘s huge player base

Based on typical percentages studios receive from games‘ gross revenue, I estimate Respawn has likely banked over $1 billion profit just from Apex Legends. And with the continued updates keeping players invested year after year, those earnings will keep rising exponentially.

What Does the Future Hold for Respawn & EA?

I fully expect both Respawn and Electronic Arts to continue upping their valuations substantially in the coming decade.

Respawn has more ambitious projects in the works beyond Apex including:

• Ongoing development of Apex on console, PC, and mobile
• Future single-player titles (Titanfall 3? New IP?)
• Established expertise in multiplayer shooters and live service games

And with EA‘s marketing muscle and deep pockets backing them, Respawn can take risks on developing these new blockbuster experiences. They‘ve also got security of long-term support rather than battling startup style funding issues.

If I had to wager, I‘d say Respawn Entertainment will likely be valued at over $5 billion by 2030. Maybe they‘ll even hit decacorn status with the right combination of breakout hits plus expanding existing universes!

Either way, it‘s been awesome watching Vince Zampella‘s squad evolve from scrappy indies into one of the premier studios in gaming today. I can‘t wait to see what they build next!