Capcom posted its latest earnings and revealed that not only is the publisher mostly a PC gaming company now, but 93 percent of its total game sales were digital. And it expects that number to increase over the next 12 months as it gets closer and closer to a nearly all-digital future.
On May 13, Capcom shared its financial report for the last fiscal year, which runs from March 2025 to March 2026, and it was mostly good news. Thanks to new releases, like Resident Evil Requiem, and continued sales from older releases, like Monster Hunter Wilds, the Japanese publisher set new company records in “all profit categories” for the ninth year in a row. And a big chunk of that success is because of digital games and Steam.
As laid out in the digital contents section of its FY2026 report, over the last 12 months, 93 percent of Capcom’s game sales were digital. This is an increase over 2024 and 2025’s digital sales, which were 90 percent. Go back to 2022, and digital sales only accounted for 75 percent of what Capcom sold. Still a lot, but the increase in digital sales over the last few years is huge.
A big reason for this increase is that Capcom continues to support and invest in PC gaming. In 2022, only 33 percent of Capcom game sales were on PC. In fiscal 2026, that number is now up to 54.5 percent. More than half the games Capcom is selling now are on PC, and the company expects that number to grow as consoles continue to plateau and sales slow for the dedicated gaming machines that once ruled most of the industry.
This all explains why, later in the FY2026 report, Capcom predicts that by this time next year, 95.5 percent of its game sales will be digital. It sees PC as a way to get into markets that aren’t yet tapped or are starting to develop into areas with lots of gamers, not just console gamers.
Of course, this doesn’t mean physical games are going to stop being a thing for Capcom. Sure, they only made up seven percent of its total sales over the last 12 months, but that’s still over 4 million games sold physically around the globe, which isn’t nothing. But I imagine that as we move forward, Capcom and other companies will continue to crunch the numbers on physical games. Will we reach a point where Capcom stops selling games in cases? Probably not anytime soon. Will we reach a point where Capcom starts selling limited numbers of physical games and has more and more titles skip physical completely? I mean, that’s basically happening already in some ways, as not every game gets a physical release. Times are changing, folks. That’s for sure.