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An indie game from Stoic, The Banner Saga launched in 2014 and is published by Stoic Studio. It has 15,896 Steam reviews with 89% positive sentiment, rated Very Positive, and an initial price of $24.99.
Overview
The Banner Saga is a 2014 Indie game developed by Stoic and published by Stoic Studio. On Steam it has gathered 13,432 player reviews, 89% of them positive, which counts as a very positive reception among indie titles in the Indie category. The game is available on mac, windows, and launched at $25. The pairing of developer Stoic with publisher Stoic Studio is one of the studio-publisher relationships indielist tracks, letting players find comparable games and letting developers and investors study how Indie projects reach the market. indielist's white-box method estimates its lifetime sales at roughly 766,000 to 1.8 million 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, The Banner Saga can be compared against similar Indie titles and benchmarked on review counts and estimated sales.
Reviews
13,432
Positive
89%
Steam appid
237990
Engine
Unknown
Players (snapshot)
Unavailable
Sales estimate
v1.0766K to 1.8M
units (median: 1.3M)
≈ $10.9M to $25.5M modeled net revenue (fixed store-cut, refund, and regional-price assumptions applied)
+ - How is this calculated?
| Factor | Adjustment |
|---|---|
| base | +50 |
| year_2014 | +30 |
| price_$25 | +5 |
| positive_89% | +10 |
| final NB | 95 |
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 The Banner Saga at roughly 766,000 to 1.8 million copies, with a median around 1.3 million, derived from its 13,432 Steam reviews using a multi-factor Boxleiter method (version v1.0). That median maps to approximately $18.2M 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
27 observed days · window low $3.74Across 27 observed UTC days from 2026-06-26 to 2026-07-22, the daily lowest tracked USD price across stores ranged from $3.74 to $24.99. The tracked-window low was $3.74 on 2026-06-26.
Real store observations · daily lowest tracked USD price across stores · missing days are not filled.
Where to buy
Affiliate disclosureLatest tracked store observations (2026-07-22 16:24 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
macwindows
Frequently asked questions
- How many copies has The Banner Saga sold?
- indielist estimates The Banner Saga has sold between 765,624 and 1,786,456 units (median 1,276,040), derived from its 13,432 Steam reviews with the white-box Boxleiter v1.0 method. The full breakdown is shown on the page.
- Who developed The Banner Saga?
- The Banner Saga was developed by Stoic and published by Stoic Studio.
- Who published The Banner Saga?
- The Banner Saga was published by Stoic Studio, developed by Stoic. See Stoic Studio's full catalogue and submission status on indielist.
- When was The Banner Saga released?
- The Banner Saga was released in 2014.
- How many reviews does The Banner Saga have on Steam?
- The Banner Saga has 13,432 Steam reviews, of which 89% are positive.
- Is The Banner Saga worth playing?
- Steam players rate The Banner Saga 89% positive across 13,432 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 The Banner Saga can compare it on indielist against semantically similar Indie titles such as Stardew Valley, Euro Truck Simulator 2, Project Zomboid, Undertale, ranked by shared tags and genre rather than by ad spend. On the developer side, Stoic's other releases and Stoic Studio's wider catalog are one click away, letting developers benchmark where The Banner Saga 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 The Banner Saga page serves three audiences at once: players hunting their next Indie 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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