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: 22 in 100 earned $100k+, against 21 in 100 for all genres at that price.

Genres / Horror

Horror

3,283 launches studied, 25,287 store games
Figures of 11 Nov 2026

1 in 17 Horror launches earned $100k+ in their first year, close to the 1 in 15 for all genres. Price matters most: at $20 to $40 it is 68 in 100, against 44 in 100 for all genres. No single game dominates: the biggest, R.E.P.O., holds 18% of its money.

Chance of $100k+1 in 17Close to all genres193 of 3,283 launches earned $100k+ in year one. All genres 1 in 15, 26,758 launches.
At $10 to $2022 in 100Close to its price80 of 360 launches at $10 to $20, typical $13,250. All genres at that price 21 in 100.
Typical first year$1,005Above all genresHalf of 3,283 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 share17.8%Money spread outR.E.P.O., of the money from 3,283 launches. Without it 1 in 17 hit $100k+.
New store launches+28.6%Launches up2,757 in the last 12 months, 2,144 the 12 before. All store games with the tag.
Read with careBeats the odds expected at its prices about 1.3 times (actual 1 in 17, expected 1 in 23): 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 $2080 of 360 launches22 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 360$13,250
Top quarter over$90,103
Top tenth over$314,944
Reach $100k+22 in 100
All genres, this price$11,233
Launches studied360

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

R.E.P.O.the biggest, under half17.8%

18 in 100dollars went to one game

1 in 17hit $100k+ without it, was 1 in 17

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

2,757 launcheslast 12 months, was 2,144+28.6%
Tell me when ready

Rising demand

#18 of 107

Holds players vs same-age games, descriptive

No clear changethe range includes no change, 812 games+1.8%
Vs same-age games+1.8%
Without top game+1.0%
Reviews92,531was 108,196
Top game24.5%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

ILLwishlist rank #106,199 games
ILL2027#10
Haunted Paws2027#39
Beautiful Light2027#40
Grave SeasonsMar 9#46
P.O.N.no date#50
Get release alerts

Best pairs

unlikely to be luck

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

+ Co-opabout 2.7 times expected (1 in 14)19 in 100
PairActualExpected+ Co-op+ Cartoony+ Multiplayer+ Online Co-Op+ Third-Person Shooter

Lens checkHolds in 2 of 3, 1 too few to tell. Standard: the base the others are compared with. West-facing view: holds. Without the breakout: holds. 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

Horrortypical, last 4 quarters$1,091
Last 4 quarters$1,0911,833 launches, -22.9%
Launch success#22of 116, 1 in 16
Anticipated#4of 135, 681 on chart
Rising demand#18of 107, +1.8%
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

Horror, 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.

3,283 of the 25,287 store games tagged Horror 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 3,283 launches, 2 Nov 2026

MeasureLaunches

Launches studied13,283
under $51,912
$5 to $10945
$10 to $20360
$20 to $4066
All genreslaunches in the cohort26,758
Store games with the tagstore data, 11 Nov 202625,287
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: 7 of 94 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 23.

First-year earnings

Per 3,283 launches, 2 Nov 2026, all prices

MeasureEstimated

Earned $100k+5of 3,283 launches193
Chance of $100k+all genres 1 in 151 in 17
Expected at its prices41 in 23
Beats its prices7actual 1 in 17, expected 1 in 23: could be luckabout 1.3 times
Typical game (median)6half of 3,283 earned more$1,005
Top quarter over$5,478
Top tenth over$35,503
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 1 in 17.

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).

Horror beats its prices about 1.3 times (actual 1 in 17, expected 1 in 23), 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 3,283 launches, 2 Nov 2026, all prices

MeasureStandard is the base

Standard8Base3,283 of 3,283 launches, 1 in 17, typical $1,005
West-facing view9Moves the answer3,137 of 3,283 launches, 1 in 17, typical $1,023
Without the breakout11Holds3,282 of 3,283 launches, 1 in 17, typical $1,005
Last 18 months10Holds1,000 of 3,283 launches, 1 in 17, typical $942
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 (146 of 3,283 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 +1.8%, inside the 25% line; 5.2% of its revenue-weighted reviews are in Chinese.

10

Recency

Last 18 months keeps launches 18 months old or newer (1,000 of 3,283). 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 17 against 1 in 17, typical $942 against $1,005: it holds.

Concentration

Per 3,283 launches, 2 Nov 2026

MeasureShare of the money

Biggest game's share11R.E.P.O.17.8%
Chance without it3,282 launches1 in 17
Mostly reviewed in Chinese9146 of 3,283 launches4.4%
Share of Chinese-language reviewsrevenue-weighted, part guessed from names, 11 Nov 20265.2%
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, R.E.P.O., holds 18% of its money. Totals and shares are safe to read here. Without it, 1 in 17 still hit $100k+.

Market around it

Per store data, 11 Nov 2026

MeasureAll store games

New launches, last 12 months122,144 the 12 before, all store games2,757
Wishlistable now136,199
On the wishlist chart3 adult games left out427
Verified dates, next 90 days0
Pairs with 30+ launches37 of 94
Rising demand14812 games, #18 of 107+1.8%
Launch success rank#22 of 116
Most anticipated rank#4 of 135
Typical, last 4 quarters1,833 launches, -22.9% on a year$1,091
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.

2,757 against 2,144 is +28.6%: more games now compete for the same players. Earlier years and a life-cycle stage are not computed yet.

13

Upcoming games

6,199 store pages carry the tag and can be wishlisted. 427 are on Steam's wishlist chart (3 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 812 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 ($1,091, 1,833 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.

Watch this genre

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Odds today193 of 3,283 hit $100k+1 in 17
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Preview

Its first email, from today's figures

SubjectHorror this month: odds, earnings, releases

Chance of $100k+193 of 3,283 launches, first year
1 in 17
Typical first year (median)half of 3,283 launches earned more
$1,005
Typical, last 4 quarters vs a year before1,833 launches, typical $1,091
-22.9%
New launches, last 12 months2,144 the 12 before, all store games
2,757
Next verified releaseno verified date in the next 90 days
none
Best pair with 30+ launches+ Co-op, 150 launches
19 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.