Epic Games is the company behind the blockbuster video game Fortnite, which is among the world's most popular games, with more than 650 million active accounts. But the company's hit game isn't the only thing going for it. Epic also developed the Unreal Engine, which drives many of the world's leading games.
Several industries utilize the technology, including films and television, architecture, automotive, manufacturing, and simulation. The Unreal Engine also drives the company's Epic Games Store and Epic Online services. This integrated platform enables developers and creators to build, distribute, and operate games and other digital content.
The company's uber-popular game and gaming engine generate epic amounts of revenue. You might even be among the millions who have spent money on the company's platform. That commercial relationship could have you wondering how to get a slice of its upside potential. Here's a look at how to invest in Epic Games and some factors to consider before doing so.
Is Epic Games publicly traded?
As of late 2025, Epic Games had not completed an initial public offering (IPO). Because it isn't publicly traded, investors can't buy the company's shares on a stock exchange.
Publicly Traded Company
How to invest in Epic Games
You can't invest directly in Epic Games until it launches an IPO. However, you can get some exposure to the company's upside by investing in one of the three publicly traded companies that own shares: Tencent, Sony, and Disney. Tencent trades on the OTC market, while Sony and Disney trade on the New York Stock Exchange (NYSE).
Over-the-Counter (OTC)
Is Epic Games profitable?
Because Epic Games is a private company, there is little public information about its finances. However, according to documents released by Apple (AAPL +0.59%) relating to a legal battle to get Fortnite on the App Store, Epic Games isn't yet profitable. The company reportedly lost between $100 million and $200 million annually from 2019 through 2021.
As of late 2024, its Epic Games Store was still losing money as it focused on growth in an attempt to grab market share from Apple and Alphabet (GOOG +0.97%)(GOOGL +0.91%). Epic reportedly lost an estimated $1 billion in revenue during its battle with Apple when it wasn't allowed on its app store. According to CEO Tim Sweeney, the fight also cost "well over $100 million" in legal fees.
It's common for growing technology companies to lose money. They're typically investing heavily in new products. In Epic's case, it's investing in expanding its Epic Games Store and developing new games.
Revenue
According to Statista, Epic Games is on track to generate $6 billion in revenue in 2025. Statista predicts that Epic Games revenue will reach $6.2 billion by 2026.
That's a lot of money -- more than some of the competing publicly traded gaming companies. For example, Roblox had $3.6 billion in revenue in 2024. Meanwhile, its sales rival Take-Two Interactive, generated $5.6 billion in its 2025 fiscal year. However, EA had $7.5 billion of net revenue in its 2025 fiscal year.
Valuation
Epic Games raised $1.5 billion in additional funding in early 2024 when Disney invested in the company to build a universe based on Disney characters. That investment valued Epic Games at $22.5 billion, a notable step down from its prior valuation of $31.5 billion.
To put the company's private market value into some context, it's less than many other publicly traded game makers. At a market cap of more than $43 billion in late 2025, EA was the most valuable. Meanwhile, Roblox had an almost $95 billion market value, and Take-Two's market valuation topped $46 billion.
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The bottom line on investing in Epic Games
You can't buy shares of Epic Games yet because it hasn't completed an IPO. However, you can gain exposure to the company by investing in one of its major shareholders.
You could also invest in the upside of the video game industry through another game maker. The alternative options could enable you to make money investing in the gaming market until Epic launches what would likely be an epic IPO, given the popularity of Fortnite and its Unreal Engine.
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