Epic isn't profitable. It's only afloat due to Fortnite money and Chinese Tencent money
Epic expects Epic Games Store to be profitable by 2024
Court documents also reveal details of $146 million Borderlands exclusivity deal and $11.7 million spent on free games
Epic has sunk $500M into the Epic Games Store, doesn't expect to make a profit until 2027
Epic lost around $181 million on EGS in 2019. Epic projected to lose around $273 million on EGS in 2020. Epic acknowledges that trend will continue in the immediate future: Epic projects to lose around $139 million in 2021."
Epic Is Losing An Astonishing Amount Of Money Securing Games For EGS
Epic giving games a guaranteed minimum payout for being on the store, and then…failing to hit that minimum in almost every instance.
They're operating at a heavy loss in an effort to secure market share. As a gamer it's great, I've gotten like 50 free games from them and competition is always welcome. But just because they're still up doesn't mean their strategy is "working".