The above graph represents the Zynga mobile games revenue by quarter, starting from fiscal Q1 2017 to the recently completed quarter. In Q1 2020, the company generated $344.36 million in revenue from online gaming, worldwide. Interestingly, approximately 95.4% of that generated through mobile devices. Zynga mobile games revenue reached an all-time high of $328.67 million during the first quarter of 2020, with 79.8% YoY growth. The increase in mobile online game revenue was primarily attributable to increases in mobile revenue from Empires & Puzzles and Merge Dragons! in the amounts of $76.4 million and $46.6 million, respectively.
One must note that since Q1 2019, mobile gamers have been accounting for over 90% of the Zynga’s total online games revenue.
Growth in Zynga Mobile Games Revenue: History
|Source||Zynga Quarterly Reports, SEC Filings|
|Note||Zynga fiscal year starts from January 1st|
As the graph shows, in Q3 2017, Zynga’s mobile online games revenue surpassed $150 million mark for the first time. The company reported nearly 8.2% QoQ growth in its global revenue from mobile games, amounting to $150.7 million. However, the revenue figure declined to $147.4 million in Q4 2017, and $139.8 million in Q1 2018, marking 2.2% and 5.1% QoQ decline, respectively.
Interestingly, in fiscal Q2 2019, Zynga quarterly revenue from mobile games crossed $200 million milestone. The company reported a strong 56.5% YoY and 22.4% QoQ growth in its mobile games revenue, clocking over $223.8 million during the quarter.
In fiscal Q4 2019, Zynga online games revenue from mobile devices skyrocketed 94.8% YoY and 16.1% QoQ, to $308.73 million, worldwide. That represented over 95% of the company’s total online games revenue.
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