Top Casual indie studios by revenue

indielist ranks 100 indie studios that ship Casual games, by estimated revenue from their Casual titles (white-box, Boxleiter-derived from Steam reviews). Leading is Facepunch Studios at ~$435.9M. Estimates, not financials — open the formula on any game.

1. 1 Facepunch Studios top: Garry's Mod 1 title ~$435.9M
2. 2 Wube Software LTD. top: Factorio 1 title ~$351.3M
3. 3 Wallpaper Engine Team top: Wallpaper Engine 1 title ~$107.5M
4. 4 LocalThunk top: Balatro 1 title ~$61.8M
5. 5 Urban Games top: Transport Fever 2 1 title ~$55.8M
6. 6 FuturLab top: PowerWash Simulator 2 titles ~$42.5M
7. 7 Berserk Games top: Tabletop Simulator 1 title ~$41.7M
8. 8 Giant Army top: Universe Sandbox 1 title ~$38.1M
9. 9 Ndemic Creations top: Plague Inc: Evolved 1 title ~$37.9M
10. 10 Nokta Games top: Supermarket Simulator 1 title ~$31.6M
11. 11 Blacklight Interactive top: Golf With Your Friends 1 title ~$26.0M
12. 12 Jackbox Games, Inc. top: The Jackbox Party Pack 3 15 titles ~$25.9M
13. 13 Witch Beam top: Unpacking 1 title ~$24.0M
14. 14 Frozen District top: House Flipper 2 1 title ~$22.6M
15. 15 Coffee Stain Studios top: Goat Simulator 2 titles ~$22.0M
16. 16 NEKO WORKs top: NEKOPARA Vol. 1 5 titles ~$20.7M
17. 17 DRAGO entertainment top: Gas Station Simulator 2 titles ~$19.1M
18. 18 Greenheart Games 💚 top: Game Dev Tycoon 1 title ~$18.0M
19. 19 Cosmographic Software top: SpaceEngine 1 title ~$17.5M
20. 20 Team Salvato top: Doki Doki Literature Club Plus! 1 title ~$15.5M
21. 21 Monstars Inc. top: Tetris® Effect: Connected 1 title ~$15.4M
22. 22 养蛋人 Egg Hatcher top: Volcano Princess 1 title ~$12.7M
23. 23 AutoAttack Games top: Legion TD 2 - Multiplayer Tower Defense 1 title ~$11.7M
24. 24 Two Point Studios top: Two Point Museum 2 titles ~$11.5M
25. 25 Toukana Interactive top: Dorfromantik 2 titles ~$11.0M
26. 26 Orteil top: Cookie Clicker 1 title ~$10.6M
27. 27 tobspr Games top: shapez 2 - Factory 1 title ~$9.4M
28. 28 Jutsu Games top: 911 Operator 1 title ~$9.3M
29. 29 Curve Animation top: Liar's Bar 1 title ~$9.0M
30. 30 Dandylion top: TROUBLESHOOTER: Abandoned Children 1 title ~$8.8M
31. 31 Pounce Light top: Tiny Glade 1 title ~$8.7M
32. 32 Team17 Digital top: Overcooked! All You Can Eat 1 title ~$8.5M
33. 33 Gamatron AB top: Songs of Syx 1 title ~$8.2M
34. 34 WeirdBeard top: Tricky Towers 1 title ~$8.0M
35. 35 Animal Uprising top: Wobbledogs 1 title ~$7.9M
36. 36 Texel Raptor top: Parkitect 1 title ~$7.6M
37. 37 墨鱼玩游戏 top: Chinese Parents 1 title ~$7.3M
38. 38 Red Nexus Games Inc. top: Peglin 1 title ~$6.6M
39. 39 Max Inferno top: A Little to the Left 1 title ~$6.5M
40. 40 Nikita Kryukov top: Milk outside a bag of milk outside a bag of milk 1 title ~$5.8M
41. 41 Free Lives top: Terra Nil 1 title ~$5.7M
42. 42 二色幽紫蝶 top: Touhou Mystia's Izakaya 1 title ~$5.7M
43. 43 Eggcode top: Mad Games Tycoon 2 2 titles ~$5.4M
44. 44 Seed Sparkle Lab top: Starsand Island 1 title ~$5.3M
45. 45 Sokpop Collective top: Stacklands 1 title ~$5.3M
46. 46 Perfuse Entertainment top: Golf It! 1 title ~$5.1M
47. 47 SBN3 top: Class of '09 3 titles ~$4.8M
48. 48 Mooncube Games top: Spirit City: Lofi Sessions 1 title ~$4.7M
49. 49 Tobias Springer top: shapez 2 titles ~$4.5M
50. 50 Number None top: Braid 1 title ~$4.5M
51. 51 Cat5Games top: Cat Goes Fishing 1 title ~$4.3M
52. 52 Spry Fox top: Cozy Grove 3 titles ~$4.1M
53. 53 lamedeveloper top: WEBFISHING 1 title ~$4.1M
54. 54 Blood Pact Studios top: Retro Rewind - Video Store Simulator 1 title ~$4.0M
55. 55 Holy Wow Studios LLC top: Trombone Champ 1 title ~$4.0M
56. 56 Garage Monkeys top: Car Dealer Simulator 1 title ~$3.9M
57. 57 Oskar Stålberg top: Townscaper 1 title ~$3.8M
58. 58 Vambear Games top: Feed the Cups 1 title ~$3.6M
59. 59 Mash Games top: BMX Streets 2 titles ~$3.5M
60. 60 Twice Circled top: Megaquarium 1 title ~$3.5M
61. 61 Game Grumps top: Dream Daddy: A Dad Dating Simulator 1 title ~$3.5M
62. 62 CayPlay top: Waterpark Simulator 1 title ~$3.4M
63. 63 Flamebait Games top: Passpartout: The Starving Artist 2 titles ~$3.4M
64. 64 Cassel Games top: Ratropolis 1 title ~$3.2M
65. 65 LVGameDev LLC top: SimAirport 1 title ~$3.1M
66. 66 Wētā Workshop top: Tales of the Shire: A The Lord of The Rings™ Game 1 title ~$3.0M
67. 67 Pathea Games top: Let's School 1 title ~$3.0M
68. 68 Mind Control Games top: Cash Cleaner Simulator 1 title ~$2.9M
69. 69 Mighty Coconut top: Walkabout Mini Golf VR 1 title ~$2.9M
70. 70 Ancient Forge top: The Tenants 1 title ~$2.8M
71. 71 Asteroid Game Studio top: Esports Godfather 3 titles ~$2.8M
72. 72 neoludic games top: Tiny Bookshop 1 title ~$2.8M
73. 73 Milkstone Studios top: Farm Together 2 1 title ~$2.6M
74. 74 Patrick Traynor top: Patrick's Parabox 2 titles ~$2.6M
75. 75 Wombat Brawler top: Cast n Chill 1 title ~$2.5M
76. 76 Denki top: Autonauts 1 title ~$2.5M
77. 77 ArtRising top: Librarian: Tidy Up the Arcane Library! 1 title ~$2.5M
78. 78 Sam C top: Easy Delivery Co. 1 title ~$2.5M
79. 79 Brimstone top: Super Battle Golf 1 title ~$2.4M
80. 80 ustwo games top: Assemble with Care 1 title ~$2.4M
81. 81 Duality Games top: Barn Finders 1 title ~$2.3M
82. 82 Mister Morris Games top: Rusty's Retirement 1 title ~$2.2M
83. 83 Freaking Games top: King of Retail 1 title ~$2.2M
84. 84 Mediatonic top: Hatoful Boyfriend 1 title ~$2.2M
85. 85 Kairosoft Co.,Ltd top: Game Dev Story 35 titles ~$2.2M
86. 86 Hovgaard Games top: Startup Company 1 title ~$2.2M
87. 87 超厚皮猪猪 Ultra Piggy Studio top: DICEOMANCER 1 title ~$2.2M
88. 88 Little Leo Games top: Astrea: Six-Sided Oracles 1 title ~$2.1M
89. 89 Tomorrow Corporation top: Human Resource Machine 1 title ~$2.1M
90. 90 Weed Games top: Weed Shop 3 1 title ~$2.0M
91. 91 Cavemanon top: I Wani Hug that Gator! 1 title ~$2.0M
92. 92 troy_en top: KinitoPET 1 title ~$1.8M
93. 93 Coatsink top: ISLANDERS 1 title ~$1.8M
94. 94 Lunch Money Games top: Scritchy Scratchy 1 title ~$1.8M
95. 95 David OReilly top: Everything 1 title ~$1.8M
96. 96 Studio Élan top: Highway Blossoms 4 titles ~$1.7M
97. 97 Bitrich.info top: Rail Route 1 title ~$1.7M
98. 98 Quiet River top: Zup! S 7 titles ~$1.7M
99. 99 Little Chicken top: Moonlight Peaks 1 title ~$1.7M
100. 100 Gaugepunk Games top: Rolling Line 1 title ~$1.7M

Estimates only. How is this calculated?