Jagex Brought In Over $160 Million, Hit Records In Membership In 2020
Also added over 100 new employees during first pandemic year.
RuneScape has been making some serious cash over the past few years, which should come as no surprise to anyone. Nearly every game developer has enjoyed positive revenue trends during pandemic times, and for Jagex that translated into £120 million in revenue ($163 million USD) in 2020.
Yes, it's 2020, not 2021, that's the topic of a press release in 2022 -- and no, we can't figure out the reason for the long lead time either. The increased revenue figure was attributed to, in part, RuneScape's Archaeology update and launch on Steam, which occurred in March and October of 2020, respectively. That pushed membership up to 1.2 million, a new high, and a high of 170,000 concurrent players in Old School RuneScape.
Also in 2020: Jagex added over 100 new employees, transitioned to remote work, and donated £445,778 (about $605,000 USD) to various mental health charities during the year.
Just in case you, like us, were wondering if this was accidentally mislabeled and published on January 6, 2021 instead of January 6, 2022, Jagex CEO Phil Mansell referenced Jagex's buyout by the Carlyle Group that occurred on January 25, 2021 -- though our sources have let us know that that situation is still not yet fully resolved. Regardless of who winds up controlling Jagex, they're getting a company that has proven it can bring in the cash. Hopefully, we'll find out just how much cash before another year has passed.
Related Articles
About the Author

Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
Read Next
We're Getting A Real World Waypoint! Genshin Impact Alps Lighting Ceremony To Take Place This Week
Celebrate the one year anniversary of Dragonspine’s release in style.
By QuintLyn Bowers - 1 year agoYou May Enjoy
Sony CEO And Head Of PlayStation Jim Ryan Announces Retirement
After nearly 3 decades, he’s passing the torch.
By QuintLyn Bowers - 2 days agoTomorrow's Ticket Wave Is Your Last Chance To Purchase BlizzCon Tickets
BlizzCon takes place November 3-4 2023 in Anaheim, CA
By Troy Blackburn - 2 days agoXDefiant Announces Public Test Session Of "Preseason" Content On PC
That’s their version of a Public Test Server.
By QuintLyn Bowers - 4 days agoNew Rewards, Checkmate Weapons Adjustments, And Gunsmith Engrams Coming To Destiny 2
There's a new bow and grenade launcher, plus a new feature called "Gunsmith Focusing."
By Matthew D'Onofrio - 1 day agoMore Details On The International — Dota 2's Major Tournament — Have Been Revealed
You can still attend in-person, but you better be quick about it!
By Matthew D'Onofrio - 5 days agoWayfinder’s Next Update Includes Its First Ever Live Event And A Fight With The Highlands Fire Lord
Call of the Void arrives in October.
By QuintLyn Bowers - 3 days ago
Discussion (0)