Square Enix Reportedly Lost $200 Million On Avengers And Guardians

Square Enix has reportedly lost a whopping $200 million on Marvel’s Avengers as well as Guardians of the Galaxy.

Recently, Square Enix sold its western studio to THQ Nordic parent company, Embracer Group. The sale included the likes of current Tomb Raider developer Crystal Dynamics as well as Deus EX studio, Eidos Montreal.

Square Enix has high expectations

In relation to this story, Crystal Dynamics also developed Marvel’s Avengers, while Eidos Montreal developed Marvel’s Guardians of the Galaxy. Furthermore, we all know that Square Enix has very high expectations as to what it deems as a success.

That being said, Square Enix has reportedly lost $200 million on two of its most recent Marvel games. This might explain why Square Enix decided to sell its western studios for $300 million, and perhaps it might explain why both Avengers and Guardians of the Galaxy came to Xbox Game Pass.

Reports on Square Enix losing $200 million on its two Marvel titles are courtesy of industry analyst, David Gibson. He claims this is the reason the company had in fact sold its western studios. Gibson even suggests that four more AAA titles could be on the way from the studios impacted by Embracer’s acquisition.

We want more GOTG!

At this time, Square Enix hasn’t made an official statement on any potential losses for its two Marvel games. However, the numbers do seem to add up.

Hopefully, Embracer Group won’t be deterred by any potential loss for the Marvel licence, and we might at least get a sequel to Guardians of the Galaxy.

Would you like to see more Marvel games from Square Enix’s soon-to-be-former western studios? Let us know on Twitter.

Credit: Square Enix

The fighting in Ukraine is causing families to flee their homes. Please give now to save lives and protect people in need. Donate today!

Keep the conversation going by heading over to our Facebook and Twitter pages. You can also find us on Instagram, TikTok,, Google News, Reddit and Flipboard. Be sure to also check out our friends over on FragHero and Sporf.

Along with the latest games, merch, and accessories, the GameByte Shop has an epic Loyalty Points Scheme – earning you points for every £1 you spend. Sign up to hear about exclusive deals, PS5 console drops, and more!

Featured Image Credit: Square Enix