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Epic Games Stock (EPGA)

Epic Games is an interactive entertainment company that develops games and offers its game engine technology to other developers.

Epic Games is an interactive entertainment company that develops games and offers its game engine technology to other developers.

About Epic Games Stock

Founded

1991

Headquarters

Cary, NC, US

Industries

Software, Gaming

Epic Games is a video game developer and software company that provides its game engine technology to other developers and creators. The company is known for its flagship game Fortnite, an online battle royal which offers in-game purchases. Epic Games is also the creator of Unreal Engine 5, a gaming engine which claims to offer developers the ability to build real-time 3D games. Additionally, Epic Games operates a digital storefront called Epic Games Store, which distributes both third party and Epic made video games.

Investors in Epic Games

Discover investors in Epic Games stock and explore their portfolio companies

Epic Games Management

Leadership team at Epic Games

Chief Executive Officer

Tim Sweeney

Chief Financial Officer

Randy Gelber

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Epic Games Key Facts

  • Strategic Partnerships and Investment Enhance Brand Value: In February 2024, Disney acquired a $1.5 billion equity stake in Epic Games at a $22.5 billion valuation, forming a partnership to build a persistent Disney universe inside Fortnite and Unreal Engine. This external validation and collaboration further strengthens Epic’s brand reputation and unlocks new avenues for intellectual property co-creation.
  • Strategic Shift to a "Creator-First" Business Model: Epic Games is cementing its market leadership by empowering a new class of creators. The company is investing in the Unreal Editor for Fortnite (UEFN) and providing new avenues for developers to monetize their creations. As part of a new strategic initiative announced in June 2025, developers on the Epic Games Store can now earn 100% of the first $1 million in net revenue per product each year. This move is designed to attract a wider variety of independent developers and small studios, fostering a more robust and diverse ecosystem that is unique from its competitors.
  • Record User Growth and Revenue Momentum: Epic Games continues to demonstrate strong growth and market share. The company reported that its "Epic ecosystem" grew to 898 million total cross-platform accounts in 2024, up by 94 million from the previous year. This growth is a testament to the success of its flagship products, particularly Fortnite, which has a reported lifetime revenue of over $20 billion. The Epic Games Store also saw a significant increase, with over 1,100 new games added in 2024, bringing the total number of titles to over 4,000, and its free game program continuing to drive user adoption.
  • Legal and Regulatory Pressures Remain Significant: Epic Games continues to face litigation and regulatory scrutiny, most notably from ongoing antitrust disputes with Apple and Google regarding app store fees and marketplace competition. Adverse rulings or protracted legal battles could limit future platform growth and disrupt existing revenue streams, adding uncertainty to operational planning.
  • Dependency on the Success of Fortnite: Epic Games’ financial performance is heavily reliant on the success and longevity of Fortnite. While Fortnite has been immensely profitable with its in-game purchases and virtual goods, its popularity could wane over time due to shifting player preferences, competition from new games, or changes in gaming trends. Any decline in Fortnite’s revenue could significantly impact Epic Games’ overall financial health and growth prospects.
  • Vulnerability to Broader Economic Headwinds: Despite its strong revenue from games like Fortnite, Epic Games is not immune to broader economic pressures. The company's layoffs of 16% of its workforce in late 2023, totaling 830 employees, were directly attributed by CEO Tim Sweeney to a need to become "financially sustainable."Sweeney noted at the time that the company was "spending way more money than we earn." While the company has since stated it has no plans for further layoffs, this past workforce reduction and the reasons behind it signal a vulnerability to macroeconomic headwinds and the challenge of balancing ambitious growth with profitability.

Trading Epic Games Stock

How to invest in Epic Games stock?

Accredited investors can buy pre-IPO stock in companies like Epic Games through EquityZen funds. These investments are made available by existing Epic Games shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.

How to sell Epic Games stock?

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There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.

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