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Under The Waves

Aug 28, 2023 Adventure $29.99
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Under The Waves header

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Adventure indie game Under The Waves comes from Parallel Studio and was released in 2023. Published by Spotlight by Quantic Dream, it has 1,541 Steam reviews with 78% positive, rated Mostly Positive, and launched at $29.99.

Overview

Under The Waves is a 2023 Adventure game developed by Parallel Studio and published by Spotlight by Quantic Dream. On Steam it has gathered 1,550 player reviews, 78% of them positive, which counts as a mostly positive reception among indie titles in the Adventure category. The game is available on windows, and launched at $30. The pairing of developer Parallel Studio with publisher Spotlight by Quantic Dream is one of the studio-publisher relationships indielist tracks, letting players find comparable games and letting developers and investors study how Adventure projects reach the market. indielist's white-box method estimates its lifetime sales at roughly 60,000 to 141,000 units, with the full Boxleiter factor breakdown shown on this page rather than a single black-box figure. Within indielist's catalog of indie games mapped to their studios, publishers, and funding, Under The Waves can be compared against similar Adventure titles and benchmarked on review counts and estimated sales.

Reviews

1,550

Positive

78%

Steam appid

1975440

Engine

Unknown

Players (snapshot)

Unavailable

Sales estimate

v1.0

60K to 141K

units (median: 101K)

≈ $1.0M to $2.4M modeled net revenue (fixed store-cut, refund, and regional-price assumptions applied)

60K median 141K
+ How is this calculated?
1,550 reviews × NB(65) = 100,750 median units
Factor Adjustment
base +50
year_2023 0
price_$30 +5
positive_78% 0
genre_Adventure +10
final NB 65

Heuristic display range: median × [0.6, 1.4]. Boundary protection: NB ∈ [15, 150].

Methodology & limitations

Sales estimates use an additive Boxleiter-derived heuristic against public Steam review counts. They are not authoritative sales data, and the fixed display range is not a statistically validated confidence interval. Actual results may fall outside it, especially for deeply discounted or bundle-heavy titles. Algorithm version v1.0. Read the exact method and validation status.

indielist estimates lifetime unit sales for Under The Waves at roughly 60,000 to 141,000 copies, with a median around 101,000, derived from its 1,550 Steam reviews using a multi-factor Boxleiter method (version v1.0). That median maps to approximately $1.7M in net revenue after Steam's 30% cut, regional pricing, and refunds. Unlike black-box trackers, the full calculation is shown on this page: a base review-to-sales multiplier is adjusted for release year, launch price, review sentiment, studio size, and genre, and every adjustment is listed so developers, publishers, and investors can audit exactly how the figure was reached. The range itself reflects genuine uncertainty — review-to-sales ratios vary widely between games — so indielist publishes a low, median, and high band rather than a false-precision single number, and treats free-to-play, heavily discounted, and bundle-distributed titles as having wider error margins still.

Price history

8 observed days · window low $2.99

Across 8 observed UTC days from 2026-07-15 to 2026-07-22, the daily lowest tracked USD price across stores ranged from $2.99 to $2.99. The tracked-window low was $2.99 on 2026-07-15.

$2 $3 $4 07-1507-1607-1807-1907-2107-22 2026-07-15: $2.99 2026-07-16: $2.99 2026-07-17: $2.99 2026-07-18: $2.99 2026-07-19: $2.99 2026-07-20: $2.99 2026-07-21: $2.99 2026-07-22: $2.99 2026-07-15: $2.99 (tracked-window low) 2026-07-16: $2.99 (tracked-window low) 2026-07-17: $2.99 (tracked-window low) 2026-07-18: $2.99 (tracked-window low) 2026-07-19: $2.99 (tracked-window low) 2026-07-20: $2.99 (tracked-window low) 2026-07-21: $2.99 (tracked-window low) 2026-07-22: $2.99 (tracked-window low) Tracked-window low: $2.99 on 2026-07-15

Real store observations · daily lowest tracked USD price across stores · missing days are not filled.

Where to buy

Affiliate disclosure
  • GOG.com -90%
    $2.99 Buy
  • Fanatical -15%
    $29.08 Buy
  • Steam reference
    $29.99 Buy
  • Green Man Gaming
  • Humble Store

Latest tracked store observations (2026-07-22 05:43 UTC), cheapest first. Prices may have changed since observation. Some are affiliate links — we may earn a commission at no extra cost to you. Learn more.

Platforms

windows

Genres

AdventureIndie

Frequently asked questions

How many copies has Under The Waves sold?
indielist estimates Under The Waves has sold between 60,450 and 141,050 units (median 100,750), derived from its 1,550 Steam reviews with the white-box Boxleiter v1.0 method. The full breakdown is shown on the page.
Who developed Under The Waves?
Under The Waves was developed by Parallel Studio and published by Spotlight by Quantic Dream.
Who published Under The Waves?
Under The Waves was published by Spotlight by Quantic Dream, developed by Parallel Studio. See Spotlight by Quantic Dream's full catalogue and submission status on indielist.
When was Under The Waves released?
Under The Waves was released in 2023.
How many reviews does Under The Waves have on Steam?
Under The Waves has 1,550 Steam reviews, of which 78% are positive.
Is Under The Waves worth playing?
Steam players rate Under The Waves 78% positive across 1,550 reviews. indielist doesn't score games editorially; it surfaces public review sentiment and a white-box sales estimate so you can judge reception and reach yourself.

Ecosystem

Players looking for games like Under The Waves can compare it on indielist against semantically similar Adventure titles such as Subnautica, Raft, Satisfactory, Human Fall Flat, ranked by shared tags and genre rather than by ad spend. On the developer side, Parallel Studio's other releases and Spotlight by Quantic Dream's wider catalog are one click away, letting developers benchmark where Under The Waves sits among a studio's body of work and how its publisher's portfolio performs. Because indielist maps studios, publishers, games, and funding into one connected graph, the same Under The Waves page serves three audiences at once: players hunting their next Adventure game, developers studying how comparable projects were positioned and what they sold, and investors tracing which teams and labels are active in the space. A machine-readable markdown mirror of this page is published at the same path with a .md suffix for AI assistants, and its review, price, and sales-estimate figures are refreshed on a schedule rather than frozen at launch.

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