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GamesRadar
GamesRadar
Technology
Kaan Serin

200 million new Xbox players weren't enough to offset falling revenue in its latest fiscal year, CEO says: "We need to close that gap"

Xbox EA SPORTS Asha Sharma
Forza Horizon 6 acura chasing massive mech in mech my day showcase event.

200 million new players coming to Xbox and its games weren't enough to drive growth in the company's business, according to CEO Asha Sharma.

Xbox just had its worst quarter in years, no thanks to a 10% fall off in revenue from "content and services" and a 13% drop in hardware revenue over the last few months of Microsoft's 2026 fiscal year. Despite all of those flailing stats, Sharma says a ton of new people checked out the gaming division's stuff, actually.

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