Valve Corporation and Steam Valuation in 2025: How Big Is PC Gaming’s Quiet Giant?
Valve Corporation – often misspelled as “Value Corporation” – is one of the most powerful companies in gaming, yet it has no ticker symbol, no quarterly earnings calls and no official valuation. The company behind Half‑Life, Counter‑Strike, Dota 2, Steam and the Steam Deck is privately held and famously secretive, which makes investors, developers and players constantly ask the same question: How much are Valve and its Steam service actually worth in 2025? New court documents, leaked financials and fresh 2025 analyses have given the clearest picture yet of Valve’s scale. They suggest Steam is not just the dominant PC