Valve Outpaces Amazon, Microsoft, and Netflix in Revenue Per Employee

Valve, the company behind Steam and the Steam Deck, is known for its small but highly effective workforce.

Despite employing just around 400 people, Valve generates more revenue per employee than some of the world’s largest tech giants, including Amazon, Microsoft, and Netflix.

The Numbers Behind Valve’s Success

According to a recent analysis, Valve’s per-employee income far exceeds that of major companies like Facebook, Apple, and Google.

A chart from 2018 revealed that Valve’s per-employee income outstripped that of companies such as Facebook ($780,400 per employee), Apple, and Microsoft. In contrast, Amazon, with over 1.5 million employees, earned only $15,892 per employee.

Valve’s workforce of just 336 employees in 2021 was smaller than the development team for Baldur’s Gate 3, yet the company oversees Steam, which boasts nearly 40 million daily users and dominates the PC gaming market. Despite its small size, Valve’s influence in the gaming industry is massive.

The Steam Effect

Steam, Valve’s digital distribution platform, is a key driver of its success. While the company’s workforce is tiny compared to tech giants, Steam’s reach and market share in PC gaming are unparalleled.

In 2021, Valve’s small team managed to oversee a platform that generated billions in revenue from game sales and services, all while maintaining a relatively low headcount.

The Impact of the Steam Deck

The Steam Deck, Valve’s handheld gaming PC, launched in 2022, has further expanded the company’s reach.

Although it’s unclear how much Valve’s workforce grew for the device’s development, the company likely kept its team small compared to other tech giants, which typically hire thousands for similar projects.

Looking Ahead

Despite the tech sector’s recent trends, including layoffs and the rise of AI, Valve is likely to remain at the top of the per-employee income ranking.

The company’s unique approach to business and its dominance in the gaming industry allow it to outperform larger competitors with much bigger workforces.

With Nvidia’s recent rise in profits due to the AI boom, it will be interesting to see if it enters the per-employee income rankings in the future.