How much revenue did Mount & Blade II: Bannerlord make?

$101.7M–$273.3M after Steam's roughly 30% cut, derived from the copies estimate and its price.

How many copies did Mount & Blade II: Bannerlord sell?

Q: How many copies did Mount & Blade II: Bannerlord sell?

7.4M to 12.0M copies, based on its 298k Steam reviews. This is a labeled estimate from the review count, not exact sales.

Estimated copies sold: ≈ 7.4M–12.0M; $101.7M–$273.3M after Steam's cut $184.8M–$420.5M before Steam's cut; from 298k reviews (Very Positive)

Copies are estimated from the public review count, adjusted for release year, and cross-checked against SteamSpy's own estimate.

Did the prediction match what actually happened?

We hid Mount & Blade II: Bannerlord and predicted how it would do from its 8 similar games. Every figure here, including Mount & Blade II: Bannerlord's, is estimated from Steam reviews.

Copies, estimated from reviews

typical (middle half) 3.1M–6.8M

best case 14.3M (Mount & Blade: Warband)

Games like Mount & Blade II: Bannerlord

A typical game among these

≈ 3.1M–6.8M copies

≈ $31.6M–$106.3M after Steam's cut

from ~95k reviews

Only the top fifth of 2019's Steam releases earned $34k or more before Steam's cut, so plan for that or less.

All 8 of the similar games are hits.

No genre covers most of these similar games. The closest is Medieval (4 of 8), so its genre is hard to place.

Of the 416 indie games that passed 1,000 reviews in 2022, 11.8% were novel genre mixes and 88.2% stuck to an established genre. Published indie market research.

Best case: Mount & Blade: Warband at ≈ 10.9M–17.7M copies, ≈ $59.8M–$160.9M after Steam's cut.

What their first month looked like

About half the games that made it here had over 31k reviews in their first month; the range was 19k to 44k.

The genre you'd be entering

These games: The similar games share Medieval (4 of 8) and Open World (4 of 8).
The winners: Winners here lead with Medieval + Open World, priced around $20.
When they shipped: The similar games span 2010 to 2024, and 1 of the 8 shipped in the last two years.

How these numbers were worked out

A hit here: 1,000+ reviews, roughly $150k+ before Steam's cut (a standard indie benchmark).

Copies come from each game's reviews times a sales-per-review rate that falls with release age, from about 31 for the most recent game here to about 79 for the oldest, then widened into a range; revenue rides on that estimate times price. Source: GameDiscoverCo (2020) and VG Insights (2021).

Similar games

Game	Est. copies	Est. revenue	Price	Reviews	Tags
Mount & Blade: Warband 2010	Est. copies ≈ 10.9M–17.7M 1.8x vs typical SteamSpy 5M–10M	Est. revenue $59.8M–$160.9M after Steam's cut $108.8M–$247.5M before Steam's cut	$19.99	172k reviews Overwhelmingly Positive	MedievalRPG
Age of Empires IV: Anniversary Edition 2021	Est. copies ≈ 2.4M–3.9M SteamSpy 2M–5M	Est. revenue $26.1M–$70.3M after Steam's cut $47.5M–$108.1M before Steam's cut	$39.99	96k reviews Very Positive	StrategyRTS
Manor Lords 2024	Est. copies ≈ 2.3M–3.7M SteamSpy 2M–5M	Est. revenue $25.3M–$68.1M after Steam's cut $46.1M–$104.8M before Steam's cut	$39.99	93k reviews Very Positive	StrategyCity Builder
Besiege 2020	Est. copies ≈ 1.3M–2.1M SteamSpy 1M–2M	Est. revenue $5.5M–$14.7M after Steam's cut $9.9M–$22.6M before Steam's cut	$14.99	53k reviews Overwhelmingly Positive	SimulationSandbox
Middle-earth™: Shadow of War™ 2017	Est. copies ≈ 4.0M–6.6M SteamSpy 2M–5M	Est. revenue $55.4M–$149.1M after Steam's cut $100.8M–$229.3M before Steam's cut	$49.99	117k reviews Very Positive	Open WorldAction
Black Desert 2017	Est. copies ≈ 3.2M–5.3M SteamSpy 5M–10M	Est. revenue $8.9M–$24.0M after Steam's cut $16.2M–$36.9M before Steam's cut	$9.99	94k reviews Mostly Positive	MMORPGMassively Multiplayer
Albion Online 2018	Est. copies ≈ 2.9M–4.6M SteamSpy 2M–5M	Est. revenue Free	Free	94k reviews Mostly Positive	Free to PlayMMORPG
Europa Universalis IV 2013	Est. copies ≈ 8.5M–13.8M SteamSpy 5M–10M	Est. revenue $116.6M–$313.5M after Steam's cut $212.0M–$482.3M before Steam's cut	$49.99	134k reviews Very Positive	Grand StrategyStrategy