Genres

Ticker: price and year-over-year change for 40 genres. Price is the median estimated first-year revenue of indie paid launches. The change shows for genres with 100+ launches. The same figures are on the Genres page.

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201,879
on 11 Nov 2026

At $10 to $20: 26 in 100 earned $100k+, against 21 in 100 for all genres at that price.

Genres / Hack and Slash

Hack and Slash

844 launches studied, 8,535 store games
Figures of 11 Nov 2026

11 in 100 Hack and Slash launches earned $100k+ in their first year, above the 1 in 15 for all genres. Price matters most: at $20 to $40 it is 58 in 100, against 44 in 100 for all genres. No single game dominates: the biggest, Path of Exile 2, holds 41% of its money.

Chance of $100k+11 in 100Above all genres90 of 844 launches earned $100k+ in year one. All genres 1 in 15, 26,758 launches.
At $10 to $2026 in 100Above its price47 of 181 launches at $10 to $20, typical $19,584. All genres at that price 21 in 100.
Typical first year$872Above all genresHalf of 844 launches earned more. All genres $562, the cohort median. Sales on Steam before Steam's cut; about 58% of it reaches the developer.
Biggest game's share40.7%Money spread outPath of Exile 2, of the money from 844 launches. Without it 11 in 100 hit $100k+.
New store launches+36.4%Launches up742 in the last 12 months, 544 the 12 before. All store games with the tag.
Read with careBeats the odds expected at its prices about 1.3 times (actual 11 in 100, expected 1 in 12): could be luck 7

The eight cards

Fixed order: odds, earnings, the one-hit check and life cycle, then demand, upcoming and the two gold cards. Click a price on Launch odds to read the page at that price. Figures of 11 Nov 2026.

Launch odds

by price

Odds of a $100k+ first year, by price

$10 to $2047 of 181 launches26 in 100
PriceActualExpectedAllUnder $5$5 to $10$10 to $20$20 to $40

Lens checkAudience split. Standard: the base the others are compared with. West-facing view: moves the answer. Without the breakout: holds. Last 18 months: holds.

Compare prices

Earnings

$10 to $20

Estimated first-year earnings. Sales on Steam before Steam's cut; about 58% of it reaches the developer.

Typical gamemedian of 181$19,584
Top quarter over$108,970
Top tenth over$309,191
Reach $100k+26 in 100
All genres, this price$11,233
Launches studied181

Lens checkHolds in 3 of 3. Standard: the base the others are compared with. West-facing view: holds. Without the breakout: holds. Last 18 months: holds.

How earnings work

One-hit check

top game

Money in one gameSpread

Path of Exile 2the biggest, under half40.7%

41 in 100dollars went to one game

11 in 100hit $100k+ without it, was 11 in 100

Lens checkAudience split. Standard: the base the others are compared with. West-facing view: moves the answer. Without the breakout: holds. Last 18 months: holds.

Why medians hold up

Life cycle

needs data

New launches a year, all store games

742 launcheslast 12 months, was 544+36.4%
Tell me when ready

Rising demand

#37 of 107

Holds players vs same-age games, descriptive

No clear changethe range includes no change, 254 games-5.0%
Vs same-age games-5.0%
Without top game-3.3%
Reviews24,437was 41,499
Top game15.6%of reviews

Lens checkWithout the breakout: holds. Standard: the base the others are compared with. West-facing view: not run yet. Without the breakout: holds. Last 18 months: not run yet.

See all 107 genres

Upcoming

in genre

Wishlistable now, most wanted first

Tides of Annihilationwishlist rank #202,432 games
Tides of Annihilationno date#20
State of Decay 3no date#23
V.A Proxyno date#123
Into The Unwell2027#175
ReBlade: The Death Spiralno date#248
Get release alerts

Best pairs

could be luck

Best odds of a $100k+ year, with expectedFree until launch

+ Lootabout 2.2 times expected (12 in 100)27 in 100
PairActualExpected+ Loot+ Isometric+ Dark Fantasy+ Dungeon Crawler+ Female Protagonist

Lens checkOne-hit market. Standard: the base the others are compared with. West-facing view: holds. Without the breakout: moves the answer. Last 18 months: too few to tell.

Open free preview
Best pairsFree until launchClick to unlockWhich pairs beat the odds

Spotlight

every board

Every board, one cardFree until launch

Hack and Slashtypical, last 4 quarters$1,037
Last 4 quarters$1,037420 launches, -2.9%
Launch success#43of 116, 1 in 10
Anticipated#19of 135, 287 on chart
Rising demand#37of 107, -5.0%
Open free preview
SpotlightFree until launchClick to unlockEvery board, one card

Data facts

Every count on this page, with its sample and date, in seven labels. The numbered notes beside each label say what each figure means, where it comes from and what limits it.

Data facts

Hack and Slash, genre page

7 labels per genre page

Cohort1Steam launches 12 to 36 months oldindie paid
Figures as of2odds and earnings of 2 Nov 202611 Nov 2026
1

Who is counted

Indie paid Steam launches 12 to 36 months old: old enough to have a full first year, recent enough to be today's market. Games from major publishers, games over $40, adult and free games are left out.

844 of the 8,535 store games tagged Hack and Slash are in it; the rest are older, newer, free or from big publishers. All genres together: 26,758 launches.

2

Where it comes from

Odds, earnings, lenses and pairs: figures made on 2 Nov 2026 from GMD's warehouse of store data.

Boards, launch counts and upcoming games: the store data of 11 Nov 2026. Every figure is derived from public store data; no game list is copied.

Sample

Per 844 launches, 2 Nov 2026

MeasureLaunches

Launches studied1844
under $5360
$5 to $10248
$10 to $20181
$20 to $4055
All genreslaunches in the cohort26,758
Store games with the tagstore data, 11 Nov 20268,535
3

Small samples

A price band needs 30 launches to be read on this page (the Sample filter; never under 10). Below that the page says "too few" instead of a figure, and under 30 launches or 5 hits a chance is written as a count, such as "10 of 20 launches".

Even at 30 launches, one extra hit moves the chance by over 3 in 100, so treat close figures as equal. Pairs need 30+ launches to be ranked: 9 of 44 qualify.

4

Price is built in

Revenue is estimated from reviews times price, so a dearer game reaches $100k with fewer reviews. That makes odds climb with price in every genre. All genres: 1 in 230 under $5, 1 in 28 $5 to $10, 21 in 100 $10 to $20, 44 in 100 $20 to $40.

So compare odds within a price band. "Expected at its prices" is the chance this genre would have if each of its launches did as well as all games at the same price: 1 in 12.

First-year earnings

Per 844 launches, 2 Nov 2026, all prices

MeasureEstimated

Earned $100k+5of 844 launches90
Chance of $100k+all genres 1 in 1511 in 100
Expected at its prices41 in 12
Beats its prices7actual 11 in 100, expected 1 in 12: could be luckabout 1.3 times
Typical game (median)6half of 844 earned more$872
Top quarter over$10,055
Top tenth over$115,463
All genres, cohort median26,758 launches$562
5

A soft estimate

A hit is an estimated first-year revenue of $100k or more: store reviews x a reviews-to-sales multiplier x price x the share of list price actually paid after discounts, with a regional price adjustment (games sold mostly to Chinese-speaking players earn less per sale, because regional prices are lower).

Sales on Steam before Steam's cut; about 58% of it reaches the developer.

Nobody publishes the true multiplier. Across its likely range the all-genre chance moves from 4.8 to 8.4 in 100, and a third of all hits sit within 2x of the $100k line. Read every chance as "about": this genre is about 11 in 100.

6

Typical means median

Half of the launches earned more, half less. One huge hit cannot move it, which is why this page uses medians, not averages.

The all-genre figure beside it is the cohort median ($562, 26,758 launches). "Typical, last 4 quarters" further down is a different measure, named for what it is.

Typical figures are shown from 100 launches; below that the page shows the chance of clearing $1k, $10k and $100k.

7

May be luck

With about 300 genres, chance alone gives the best one a lead near 1.8 times its expected odds (2.05 times for the top 5 in 100).

Hack and Slash beats its prices about 1.3 times (actual 11 in 100, expected 1 in 12), under 1.8 times, so the lead could be luck. There are many more pairs than genres, so the Best pairs card uses higher lines: 2.37 times, and 2.56 for the top 5 in 100.

Lens check

Per 844 launches, 2 Nov 2026, all prices

MeasureStandard is the base

Standard8Base844 of 844 launches, 11 in 100, typical $872
West-facing view9Moves the answer808 of 844 launches, 10 in 100, typical $894
Without the breakout11Holds843 of 844 launches, 11 in 100, typical $865
Last 18 months10Holds231 of 844 launches, 1 in 11, typical $872
8

The four lenses

Each lens reruns the figures on a slice of the launches. Standard is the base: every launch in the cohort. It is not a lens that can hold or move.

A lens moves the answer when its chance of $100k+ differs from the standard by more than a random slice of the same size would, with 5+ hits on both sides, or when its typical earnings move over 25% with 100+ launches in the lens. Without the breakout moves it when one game earned over half the money. With fewer hits it is too few to tell. Pips: green holds, coral moves, grey too few or not run.

Lens figures cover all prices; they are not split by price band yet.

9

The West-facing view

The West-facing view keeps games mostly reviewed outside China: it sets aside games with 35% or more of their reviews in Chinese (36 of 844 here).

Review language is measured only for games with 2,000+ reviews; for smaller games it is guessed from the game's name. The audience split is genre-specific: leaving those games out changes typical earnings 53% in FMV and 19% in Dating Sim, yet barely moves the all-genre chance (6.1 to 6.0 in 100).

Here typical earnings move +2.5%, inside the 25% line; 13% of its revenue-weighted reviews are in Chinese.

10

Recency

Last 18 months keeps launches 18 months old or newer (231 of 844). Tastes move: only 9 of the top 15 genres by hit rate stay top 15 on recent launches.

When the two disagree, prefer the recent figure. Here: 1 in 11 against 11 in 100, typical $872 against $872: it holds.

Concentration

Per 844 launches, 2 Nov 2026

MeasureShare of the money

Biggest game's share11Path of Exile 240.7%
Chance without it843 launches11 in 100
Mostly reviewed in Chinese936 of 844 launches4.3%
Share of Chinese-language reviewsrevenue-weighted, part guessed from names, 11 Nov 202613.0%
11

One-hit markets

A genre is one-hit when one game holds over half its money. Across genres the top game holds 29% in the median genre and the top tenth of games 94%; 57 genres have one game over half.

No single game dominates: the biggest, Path of Exile 2, holds 41% of its money. Totals and shares are safe to read here. Without it, 11 in 100 still hit $100k+.

Market around it

Per store data, 11 Nov 2026

MeasureAll store games

New launches, last 12 months12544 the 12 before, all store games742
Wishlistable now132,432
On the wishlist chart1 adult games left out182
Verified dates, next 90 days0
Pairs with 30+ launches39 of 44
Rising demand14254 games, #37 of 107-5.0%
Launch success rank#43 of 116
Most anticipated rank#19 of 135
Typical, last 4 quarters420 launches, -2.9% on a year$1,037
12

Launch counts

New launches count every store game with the tag released in each 12 months, not only the indie cohort, from the store data of 11 Nov 2026.

742 against 544 is +36.4%: more games now compete for the same players. Earlier years and a life-cycle stage are not computed yet.

13

Upcoming games

2,432 store pages carry the tag and can be wishlisted. 182 are on Steam's wishlist chart (1 adult games left out).

A date counts as verified only when the release-calendar job checked it against the live store, for the next 90 days. Other dates are as the store lists them.

14

Boards and ranks

Rising demand: games here hold their players better than similar games of the same age (reviews, games launched since 2021), Aug to Oct 2026 against 2025, from 254 games. It describes; the backtest found it does not predict launches.

Ranks are among 116 (Launch success), 135 (Most anticipated), 107 (Rising demand), 126 (Typical earnings) genres. Typical, last 4 quarters ($1,037, 420 launches) uses launches of 2024Q4 to 2025Q3 only, so it differs from the cohort median.

Not computed yet

Per genre, as of 2 Nov 2026

MeasureSaid, never guessed

Lens figures by price band15not yet
Life-cycle stagenot yet
Gaining fastnot yet
Outside sales checknot yet

Derived figures only, estimated from public store data. GMD is not affiliated with Valve.

15

Not computed yet

Lens figures by price band: lens figures are not split by price yet.

Life-cycle stage: needs launch counts further back than two years.

Gaining fast: follower readings started 30 Sep; first readings 13 Oct.

An outside check: the backtest scores predictions against the same review-based estimate, so it shows review counts are predictable, not revenue. Fixing that needs outside sales data.

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Odds today90 of 844 hit $100k+11 in 100
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Preview

Its first email, from today's figures

SubjectHack and Slash this month: odds, earnings, releases

Chance of $100k+90 of 844 launches, first year
11 in 100
Typical first year (median)half of 844 launches earned more
$872
Typical, last 4 quarters vs a year before420 launches, typical $1,037
-2.9%
New launches, last 12 months544 the 12 before, all store games
742
Next verified releaseno verified date in the next 90 days
none
Best pair with 30+ launches+ Loot, 45 launches
27 in 100

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Releases

Ticker: 30 upcoming games dated within 90 days, with wishlist rank, release date and followers. The same list is on the Upcoming page.