How much revenue did Blackguards 2 make?

$176k–$474k after Steam's roughly 30% cut, derived from the copies estimate and its price.

How many copies did Blackguards 2 sell?

Q: How many copies did Blackguards 2 sell?

64k to 104k copies, based on its 1k Steam reviews. This is a labeled estimate from the review count, not exact sales.

Estimated copies sold: ≈ 64k–104k; $176k–$474k after Steam's cut $321k–$730k before Steam's cut; from 1k reviews (Mixed)

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 Blackguards 2 and predicted how it would do from its 8 similar games. Every figure here, including Blackguards 2's, is estimated from Steam reviews.

Copies, estimated from reviews

typical (middle half) 39.6M–82.5M

best case 820.1M (Counter-Strike 2)

Games like Blackguards 2

A typical game among these

≈ 39.6M–82.5M copies

≈ $214.7M–$458.4M after Steam's cut

from ~859k 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 FPS (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: Counter-Strike 2 at ≈ 624.8M–1015.3M copies. It is a breakout hit, far above a typical game.

The genre you'd be entering

These games: The similar games share FPS (4 of 8) and Shooter (3 of 8).
The winners: Winners here lead with FPS + Shooter. The breakout hits carry Competitive + Team-Based + e-sports; a typical game here doesn't.
When they shipped: The similar games span 2012 to 2023, and none of them 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
PUBG: BATTLEGROUNDS 2017	Est. copies ≈ 95.8M–155.7M 3.2x vs typical SteamSpy 100M–200M	Est. revenue Free	Free	2.8M reviews Mixed	SurvivalShooter
Counter-Strike 2 2012	Est. copies ≈ 624.8M–1015.3M 12x vs typical SteamSpy 100M–200M	Est. revenue Free	Free	9.9M reviews Very Positive	FPSShooter
Dead by Daylight 2016	Est. copies ≈ 39.0M–63.3M SteamSpy 20M–50M	Est. revenue $214.2M–$575.9M after Steam's cut $389.4M–$886.0M before Steam's cut	$19.99	937k reviews Mostly Positive	HorrorMultiplayer
Tom Clancy's Rainbow Six Siege 2015	Est. copies ≈ 76.0M–123.4M 1.8x vs typical SteamSpy 20M–50M	Est. revenue Free	Free	1.6M reviews Very Positive	FPSPvP
Baldur's Gate 3 2023	Est. copies ≈ 21.3M–34.6M SteamSpy 20M–50M	Est. revenue $351.5M–$945.2M after Steam's cut $639.2M–$1454.1M before Steam's cut	$59.99	859k reviews Overwhelmingly Positive	RPGCharacter Customization
War Thunder 2013	Est. copies ≈ 49.7M–80.7M SteamSpy 20M–50M	Est. revenue Free	Free	786k reviews Mostly Positive	Free to PlaySimulation
The Forest 2018	Est. copies ≈ 20.8M–33.7M SteamSpy 20M–50M	Est. revenue $114.2M–$306.9M after Steam's cut $207.5M–$472.2M before Steam's cut	$19.99	683k reviews Overwhelmingly Positive	Open World Survival CraftSurvival
PAYDAY 2 2013	Est. copies ≈ 42.7M–69.3M SteamSpy 20M–50M	Est. revenue $117.2M–$315.1M after Steam's cut $213.1M–$484.7M before Steam's cut	$9.99	675k reviews Very Positive	Co-opAction