Looking for the top mobile game companies making serious money in 2025? You’re in the right place.
This list includes both mobile game developers and publishers, ranked by their estimated 2025 revenue from mobile games. From billion-dollar giants like Tencent and Scopely to rising stars like FUNFLY and SuperPlay, these companies are the ones dominating app stores – and wallets – around the world.
Some focus on building hit games from scratch. Others specialize in publishing, live ops, or turning beloved franchises into mobile blockbusters. Either way, they all have one thing in common: massive success in mobile gaming this year.
Scroll through to see who’s at the top, what games they’re known for, and how much they’re earning.
1. Tencent
Headquarters: China
2025 Revenue: $3.7 billion
Mobile Games: Honor of Kings, PUBG Mobile, Call of Duty: Mobile
Tencent keeps the top spot thanks to a blend of home‑grown hits and smart licensing deals. By pairing blockbuster IP with China’s largest social network, the company turns every launch into an instant nationwide event. Outside China, its deep pockets secure global distribution rights, giving it a footprint few rivals can match.
2. Diandian Interactive
Headquarters: Singapore
2025 Revenue: $1.17 billion
Mobile Games: Family Farm Seaside, Zombie Castaways, Magic School Story
Diandian thrives in the evergreen farming and simulation space. Its games monetize through long‑tail live events – think seasonal crops or holiday quests – that keep users coming back for years. That steady engagement has translated into nine‑figure annual revenue even without a breakout mid‑core title.
3. FUNFLY
Headquarters: Singapore
2025 Revenue: $1.03 billion
Mobile Games: Last War: Survival, Last War 2 (soft‑launch), Battle Era
FUNFLY exploded onto the scene with Last War: Survival, a 4X strategy title that climbed the U.S. top‑grossing chart in just six months. Aggressive user acquisition on TikTok and a viral “zombie bunker” theme helped the studio reach its first billion‑dollar year only a decade after incorporation.
4. Dream Games
Headquarters: Turkey
2025 Revenue: $1.01 billion
Mobile Games: Royal Match, Royal Kingdom
Royal Match’s puzzle‑plus‑decor loop propelled Dream Games into the billion‑dollar club. The studio focuses on polish – every animation, level, and sound effect goes through exhaustive A/B testing. That obsessive attention to quality builds retention rates most match‑3 rivals envy.
5. Scopely
Headquarters: United States
2025 Revenue: $963 million
Mobile Games: Monopoly GO!, Star Trek Fleet Command, Marvel Strike Force
Scopely masters licensed IP, turning beloved brands into live‑ops powerhouses. 2025 revenue soared on the back of Monopoly GO!, which blends luck and social rivalry to drive viral installs. The company’s cross‑studio tech stack ensures fast content drops across multiple genres.
6. Playrix
Headquarters: Ireland
2025 Revenue: $937 million
Mobile Games: Gardenscapes, Homescapes, Fishdom
Playrix pioneered the “scapes” formula – match‑3 core plus home‑renovation meta – and still milks it for near‑billion revenue. Consistent storytelling and weekly events keep DAU steady even as market tastes shift. Bold expansion into puzzle‑RPG hybrids shows the studio’s adaptability.
7. NetEase
Headquarters: China
2025 Revenue: $916 million
Mobile Games: Knives Out, Identity V, LifeAfter
NetEase balances original titles with collaborations like Diablo Immortal (with Blizzard). Its skill lies in localizing core gameplay for global tastes without losing depth. Combined with a robust PC pipeline, mobile gives the firm a diversified earnings stream.
8. King
Headquarters: Sweden
2025 Revenue: $880 million
Mobile Games: Candy Crush Saga, Candy Crush Soda Saga, Farm Heroes Saga
Over a decade later, Candy Crush still prints cash thanks to relentless level drops and ad‑supported newcomers. King’s data‑driven approach optimizes every move target and booster offer, turning casual sessions into steady ARPDAU growth.
9. miHoYo
Headquarters: China
2025 Revenue: $707 million
Mobile Games: Genshin Impact, Honkai: Star Rail, Honkai Impact 3rd
miHoYo blends open‑world exploration with gacha depth, creating fandoms that resemble console franchises. Regular story chapters, live concerts, and anime crossovers keep its community engaged, driving industry‑leading monthly spend per payer.
10. Supercell
Headquarters: Finland
2025 Revenue: $668 million
Mobile Games: Clash of Clans, Clash Royale, Brawl Stars
Although revenue dipped from its 2010s peak, Supercell still punches above weight with just a handful of live titles. A ruthless “cell” structure means only the most promising prototypes survive, protecting its brand of quality‑first design.
11. Bandai Namco
Headquarters: Japan
2025 Revenue: $653 million
Mobile Games: Dragon Ball Z Dokkan Battle, One Piece Treasure Cruise, Sword Art Online VS
Bandai Namco monetizes iconic anime IP through gacha and festival events. Loyal fans chase limited‑time characters, while frequent crossover campaigns broaden appeal. The company’s strong ties with animation studios create a synergy competitors struggle to replicate.
12. Moon Active
Headquarters: Israel
2025 Revenue: $579 million
Mobile Games: Coin Master, Family Island, Zen Match
Moon Active’s Coin Master rewrote the playbook on casual luck mechanics and social raiding. Ongoing acquisitions, like Family Island’s developer Melsoft, diversify the portfolio. Tight ad creatives and influencer partnerships fuel consistent top‑chart visibility.
13. The Pokémon Company
Headquarters: United States
2025 Revenue: $522 million
Mobile Games: Pokémon GO, Pokémon UNITE, Pokémon Masters EX
The Pokémon brand needs little introduction, yet mobile lets it reach new audiences daily. Location‑based events, e‑sports tournaments, and limited‑edition monsters keep engagement high. Licensing deals ensure global reach without heavy internal dev costs.
14. Playtika
Headquarters: Israel
2025 Revenue: $457 million
Mobile Games: Slotomania, Bingo Blitz, Best Fiends
Playtika dominates the social‑casino niche, monetizing through VIP mechanics and in‑game clubs. Recent diversification into casual puzzle (Best Fiends acquisition) shows a drive to hedge against regulation. Live‑ops mastery secures repeat spend from high‑value cohorts.
15. Microfun Limited
Headquarters: China
2025 Revenue: $427 million
Mobile Games: Jellipop Match, Munchkin Match, Gossip Harbor
Microfun focuses on feel‑good, story‑driven match‑3 games. Rich character arcs and frequent home‑decor updates set it apart from commoditized puzzlers. Steady UA scaling in tier‑1 Asia paired with rising Western downloads pushed the studio past the $400‑million mark in 2025.
16. KONAMI
Headquarters: Japan
2025 Revenue: $394 million
Mobile Games: eFootball, Yu-Gi-Oh! Duel Links, Yu-Gi-Oh! Master Duel
From digital card battles to real-time soccer, KONAMI taps nostalgia while updating its mechanics for touchscreens. Fan-favorite IP meets gacha events and seasonal sports passes, keeping both duelists and football fans swiping year-round.
17. Roblox Corporation
Headquarters: United States
2025 Revenue: $393 million
Mobile Games: Roblox
Roblox isn’t a single game – it’s a platform stuffed with user-created hits like Adopt Me! and Brookhaven. Player-built worlds run the economy, and a revamped revenue-share in 2025 pushed more creators (and their audiences) onto mobile.
18. Zynga
Headquarters: United States
2025 Revenue: $384 million
Mobile Games: Empires & Puzzles, Words With Friends 2, Merge Dragons!
Zynga’s mix of social wordplay, casino, and merge puzzles keeps downloads steady a decade after FarmVille. Social features powering marathon sessions – think alliance wars or live chat – drive retention and in-app spend across its catalog.
19. Peak Games
Headquarters: Turkey
2025 Revenue: $379 million
Mobile Games: Toon Blast, Toy Blast, Lost Bubble
Peak sticks to what it knows best: bright, bite-sized puzzle blasts with lovable mascots. Endless level drops with bright humor keep players hooked, while TV-style mobile game ads broaden appeal beyond core gamers.
20. 37GAMES
Headquarters: China
2025 Revenue: $363 million
Mobile Games: Puzzles & Survival, Puzzles & Conquest, Ant Legion
37GAMES combines casual match-3 with deep war strategy, turning casual puzzlers into mid-core spenders. Match-3 merged with 4X strategy proved a winning mash-up, especially in markets hungry for lighter-weight strategy titles.
21. Niantic
Headquarters: United States
2025 Revenue: $361 million
Mobile Games: Pokémon GO, Pikmin Bloom, Monster Hunter Now
Niantic owns the outdoor AR niche. Real-world maps meet monster hunts, and fresh licensed IPs like Monster Hunter brought hardcore fans outside, lifting revenue despite colder monetization in pure AR peers.
22. Garena International I
Headquarters: Singapore
2025 Revenue: $305 million
Mobile Games: Free Fire, Free Fire MAX, Call of Duty: Mobile (SEA)
Garena’s Free Fire dominates mid-tier devices across Southeast Asia and Latin America. Low-spec shooter that owns LATAM and SEA translates into tournament sponsorships, creator programs, and steady cosmetics sales.
23. Paper Games
Headquarters: China
2025 Revenue: $303 million
Mobile Games: Love Nikki, Shining Nikki, Dress Up Time Princess
Paper Games caters to fashion enthusiasts with dress-up RPGs, branching storylines, and influencer partnerships. Fashion-centric RPG loops transform wardrobe collecting into long-term ARPU, especially among Gen Z players.
24. Product Madness
Headquarters: United States
2025 Revenue: $272 million
Mobile Games: Heart of Vegas, Lightning Link Casino, Cashman Casino
The studio keeps virtual slots fresh with timed jackpots and celebrity-hosted events. Vegas-style slots on your phone help Product Madness stay a top-grossing force despite tighter IDFA rules in 2025.
25. HABBY
Headquarters: China
2025 Revenue: $263 million
Mobile Games: Archero, Survivor.io, Penguin Isle
Habby’s breakout roguelike shooters built a blueprint for “simple controls, deep replay.” One-finger roguelike action attracts both casual and mid-core audiences, while slick ad creatives fuel low-CPI growth.
26. Electronic Arts
Headquarters: United States
2025 Revenue: $254 million
Mobile Games: EA Sports FC Mobile, Star Wars: Galaxy of Heroes, The Sims Mobile
EA ports blockbuster IP with live-services know-how, rolling out weekly footie promos and Star Wars raids. Console-quality polish on small screens keeps fanbases spending even as new titles enter the arena.
27. SciPlay
Headquarters: United States
2025 Revenue: $250 million
Mobile Games: Jackpot Party Casino, Gold Fish Casino, Quick Hit Slots
SciPlay leverages land-based slot licenses and advanced segmentation. Data-driven social casino loops entice VIPs with tailored bonuses, pushing ARPDAU to the top tier of the casino genre.
28. FunPlus International AG
Headquarters: Switzerland
2025 Revenue: $244 million
Mobile Games: State of Survival, King of Avalon, Guns of Glory
FunPlus excels at long-cycle war games with cross-server events. Month-long kingdom wars foster community rivalries that drive spend spikes during each showdown.
29. Aniplex Inc.
Headquarters: Japan
2025 Revenue: $234 million
Mobile Games: Fate/Grand Order, Disney Twisted-Wonderland, Project Sekai
Aniplex turns anime fandom into mobile revenue through lavish story updates and collectible heroes. Over-the-top gacha spectacles – complete with animated cutscenes – keep whales chasing limited banners year after year.
30. Netmarble
Headquarters: South Korea
2025 Revenue: $229 million
Mobile Games: Lineage 2: Revolution, Ni no Kuni: Cross Worlds, Seven Knights 2
Netmarble marries AAA visuals with MMORPG depth, often in partnership with big IP holders. MMOs built for mobile ensure lengthy sessions and robust cosmetics sales, anchoring its global expansion plans.
31. SpinX Games
Headquarters: Hong Kong
2025 Revenue: $226 million
Mobile Games: Cash Frenzy, Lotsa Slots, Jackpot World
SpinX sits firmly in the social-casino lane. Big-event slot tournaments and flashy virtual jackpots keep high-rollers spinning, while a steady diet of new machines helps the studio outpace genre fatigue. Cash Frenzy alone crossed 50 million downloads in early 2025.
32. Lilith Games
Headquarters: China
2025 Revenue: $214 million
Mobile Games: AFK Arena, Rise of Kingdoms, Call of Dragons
Lilith’s formula mixes idle convenience with mid-core depth. Idle rewards that feel generous yet drive spend let AFK Arena and Rise of Kingdoms lock in daily logins, while 2024’s Call of Dragons expanded its 4X ambitions to PC cross-play.
33. Florere Game
Headquarters: China
2025 Revenue: $209 million
Mobile Games: Dark War Survival, Last Z: Survival Shooter
A newer face on the zombie-survival scene, Florere courts mid-spec Android users worldwide. Quick crafting loops and bite-sized PvE raids help Dark War Survival hit the top-50 grossing chart in multiple emerging markets.
34. Cygames
Headquarters: Japan
2025 Revenue: $209 million
Mobile Games: Granblue Fantasy, Uma Musume Pretty Derby, Princess Connect! Re:Dive
Cygames turns deep RPG systems into long-lived fandoms. Seasonal story arcs paired with character gacha drive steady spend, while its anime studios keep IP awareness sky-high.
35. XFLAG
Headquarters: Japan
2025 Revenue: $206 million
Mobile Games: Monster Strike
Monster Strike turns 12 this year yet still tops charts. Simple slingshot action blended with co-op raids keeps new generations coming in, and limited-edition collabs – from Evangelion to Marvel – fuel huge revenue spikes.
36. SuperPlay
Headquarters: Israel
2025 Revenue: $203 million
Mobile Games: Dice Dreams, Domino Dreams
SuperPlay proves casual luck-meters can scale. Snappy dice rolls and social revenge attacks pushed Dice Dreams past $1 billion lifetime grossing ahead of its 5-year anniversary (Pocket Gamer, 2024).
37. River Game
Headquarters: China
2025 Revenue: $198 million
Mobile Games: Top War: Battle Game, Top Heroes: Kingdom Saga
River Game blurs lines between merge-mechanics and 4X warfare. Tap-to-merge troops that jump straight into world-map battles make Top War exceptionally sticky, especially across SEA and LATAM markets.
38. NCSOFT
Headquarters: South Korea
2025 Revenue: $196 million
Mobile Games: Lineage W, Lineage2M, Blade & Soul Revolution
NCSOFT ports its flagship MMOs to mobile without cutting corners. Cross-platform raids and shared auction houses encourage PC veterans to double-dip on mobile, boosting ARPU well above genre norms.
39. SQUARE ENIX
Headquarters: Japan
2025 Revenue: $184 million
Mobile Games: Final Fantasy Brave Exvius, Dragon Quest Walk, Octopath Traveler: Champions
Square Enix leans on beloved franchises. Console-grade narratives delivered in bite-size chapters keep fans investing in limited banners and live events, especially during franchise anniversaries.
40. Activision Publishing
Headquarters: United States
2025 Revenue: $181 million
Mobile Games: Call of Duty: Mobile, Call of Duty: Warzone Mobile
Activision’s shooter expertise translates seamlessly to touch controls. Fast 5-minute matches backed by battle-pass cosmetics help Warzone Mobile complement, not cannibalize, the main CoD ecosystem.
41. Lingxi Games
Headquarters: China
2025 Revenue: $176 million
Mobile Games: Three Kingdoms: Strategy Edition, Three Kingdoms: Epic War
Backed by Alibaba, Lingxi excels at grand-scale SLG. Historical warfare with 1,000-player maps turns every season reset into a fresh land-grab drama, fueling strong retention.
42. MOONTON
Headquarters: China
2025 Revenue: $169 million
Mobile Games: Mobile Legends: Bang Bang, Mobile Legends: Adventure
Mobile Legends remains the MOBA of choice across Southeast Asia. Low data usage and esports visibility keep cafés and arenas buzzing, while hero-skin pipelines drop weekly.
43. TOP GAMES
Headquarters: China
2025 Revenue: $169 million
Mobile Games: Evony: The King’s Return, Mafia Origins
TOP GAMES masters aggressive UA and cross-promotion. Kingdom-building wrapped in historical mash-ups lets Evony reel in both strategy buffs and casual city-builders.
44. Camel Games
Headquarters: China
2025 Revenue: $161 million
Mobile Games: War and Order, Age of Z Origins, Infinite Magicraid
Camel Games specializes in mid-core war sims. Alliance-based siege warfare with real-time chat drives social bonds, key for keeping spenders around through multi-year arcs.
45. NEXON Company
Headquarters: South Korea
2025 Revenue: $160 million
Mobile Games: Dungeon & Fighter Mobile, Blue Archive, MapleStory M
Nexon’s 2024 launch of Dungeon & Fighter Mobile broke domestic download records. PC-quality combat that fits 10-minute commutes shows how legacy publishers can modernize classics for Gen-Z players while safeguarding nostalgia.
46. KURO GAMES
Headquarters: China
2025 Revenue: $154 million
Mobile Games: Punishing: Gray Raven, Wuthering Waves
KURO pairs crisp, combo-heavy combat with console-grade visuals. Stylish action plus deep character builds turned Punishing: Gray Raven into a cult hit, while the open-world Wuthering Waves broadened its reach to exploration-minded players.
47. 4399
Headquarters: China
2025 Revenue: $150 million
Mobile Games: Seer, AoBi Island, Dandan Tang
Best known as a massive game portal, 4399 also develops and publishes first-party titles across kids’ RPG, life-sim, and shooter genres. A home-grown casual ecosystem with millions of daily users feeds constant cross-promotion, keeping even decade-old IPs near the top of domestic download charts.
48. Yostar Games
Headquarters: China
2025 Revenue: $147 million
Mobile Games: Arknights, Azur Lane, Mahjong Soul
Yostar excels at turning anime aesthetics into gacha powerhouses. An anime-first publishing approach – complete with in-house animation and live concerts – fuels passionate fandoms that spend on limited skins and soundtrack bundles alike.
49. Com2uS
Headquarters: South Korea
2025 Revenue: $142 million
Mobile Games: Summoners War: Sky Arena, Summoners War: Chronicles, MLB 9 Innings
Com2uS keeps updating its flagship RPG while branching into cross-platform ARPG and sports. Decade-old Summoners War still tops charts thanks to weekly balance tweaks and esport leagues, and MLB 9 Innings brings in a broad North-American audience each new baseball season.
50. Tuyoo Online
Headquarters: China
2025 Revenue: $136 million
Mobile Games: Tuyoo Dou Dizhu, Tuyoo Fishing, 2048 Hexa Merge
Tuyoo cut its teeth on chess-and-card apps before expanding into casino and puzzle casuals. A chess-and-card specialist turned global casual player, the studio leans on quick matchmaking, low file sizes, and steady ad monetization to reach emerging-market users who crave lightweight fun.
Final Thoughts on Mobile Game Developers
That wraps up our look at the top mobile game developers and publishers by 2025 revenue. Whether you’re tracking market leaders, looking for partners, or just curious about who’s shaping the mobile gaming space, this list gives you a clear snapshot of who’s winning big this year.
Data Source
AppMagic, 2025. Top Mobile Game Publishers
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