Xbox gaming revenues have declined by $113 million, or 2%, due to drop in hardware sales and limited growth of gaming content and services in Q1 FY2026 over the prior year, Microsoft confirmed in its latest financial report. On Wednesday, the company reported its Q1 FY2026 earnings, confirming the Xbox hardware revenue 29% decline, which is offset in part by growth in Xbox content and services, whose $5.5 billion revenue is a 1% improvement over the “strong prior year”. This revenue increase was driven by growth in Xbox Game Pass and third-party content, and partially offset by a decline in […]
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