Riot Games Revenue Split 2026 — League Still Pulls 60%

Riot’s 2026 revenue mix shifted incrementally — but the headline that League of Legends still contributes 60% of total revenue tells you most of what you need to know about the studio’s diversification challenge.

By segment: League of Legends 60% (down from 68% in 2023), Valorant 22% (up from 14%), TFT 8%, Wild Rift 6%, all other (Mobile Legends, esports, merchandise) 4%. Total revenue across all segments crossed $4.4B for FY 2025, up roughly 9% YoY.

The Valorant growth is the meaningful diversification story — Riot’s second pillar is now a real revenue line, not a beta-grade experiment. The 2XKO launch in Q2 2026 is the next test: whether the studio can make a third commercial pillar work or whether League-and-Valorant remains the operational reality through 2027.