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

$101.0M–$271.6M 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?

7.3M to 11.9M copies, based on its 296k Steam reviews. This is a labeled estimate from the review count, not exact sales.

Estimated copies sold: ≈ 7.3M–11.9M; $101.0M–$271.6M after Steam's cut $183.7M–$417.9M before the cut; from 296k reviews (Very Positive)

A labeled estimate from the public review count (adjusted for release year), not exact sales. Owner data cross-checked with SteamSpy.

Does this actually work?

We left Mount & Blade II: Bannerlord out and predicted the genre from its 8 similar games. Every figure here, including Mount & Blade II: Bannerlord's, is estimated from Steam reviews, not self-reported sales.

Copies, estimated from reviews

typical (middle half) 3.1M–6.8M

best case 14.3M (Mount & Blade: Warband)

Games like Mount & Blade II: Bannerlord

The middle of these games

≈ 3.1M–6.8M copies

≈ $31.1M–$105.9M after Steam's cut

from ~95k reviews

Only the top fifth of 2019’s Steam releases earned about $34k gross, so plan for that or less.

All 8 of your similar games are hits.

No genre covers most of your similar games. The closest is Medieval (4 of 8), so the genre you lead with is still undecided.

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, ≈ $59.7M–$160.6M after Steam's cut.

What it took to get here

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

The genre you'd be entering

Your set: Your set clusters on Medieval (4 of 8) and Open World (4 of 8).
The winners: Winners here lead with Medieval + Open World, priced around $20.
The era: The games you compared span 2010 to 2024, and 1 of your 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 $59.7M–$160.6M after Steam's cut $108.6M–$247.1M before the cut	$19.99	172k reviews Overwhelmingly Positive	MedievalRPG
Age of Empires IV: Anniversary Edition 2021	Est. copies ≈ 2.4M–3.8M SteamSpy 2M–5M	Est. revenue $26.0M–$69.9M after Steam's cut $47.2M–$107.5M before the cut	$39.99	95k reviews Very Positive	StrategyRTS
Manor Lords 2024	Est. copies ≈ 2.3M–3.7M SteamSpy 2M–5M	Est. revenue $24.8M–$66.6M after Steam's cut $45.0M–$102.4M before the cut	$39.99	91k reviews Very Positive	StrategyCity Builder
Besiege 2020	Est. copies ≈ 1.3M–2.1M SteamSpy 1M–2M	Est. revenue $5.4M–$14.6M after Steam's cut $9.9M–$22.5M before the cut	$14.99	53k reviews Overwhelmingly Positive	SimulationSandbox
Middle-earth™: Shadow of War™ 2017	Est. copies ≈ 4.0M–6.5M SteamSpy 2M–5M	Est. revenue $55.1M–$148.2M after Steam's cut $100.2M–$228.0M before the 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–$23.9M after Steam's cut $16.2M–$36.8M before the cut	$9.99	94k reviews Mostly Positive	MMORPGMassively Multiplayer
Albion Online 2018	Est. copies ≈ 2.8M–4.6M SteamSpy 2M–5M	Est. revenue Free	Free	93k reviews Mostly Positive	Free to PlayMMORPG
Europa Universalis IV 2013	Est. copies ≈ 8.7M–14.1M SteamSpy 5M–10M	Est. revenue $119.2M–$320.5M after Steam's cut $216.8M–$493.1M before the cut	$49.99	137k reviews Very Positive	Grand StrategyStrategy