Steam Deck sales drop 82 percent after May price hikes

Valve's Steam Deck handheld has seen sales fall sharply since price increases took effect in May. Reports indicate an 82 percent decline in weekly shipments.

The company raised prices on the Steam Deck OLED models by between $240 and $300. The 512GB version increased from $550 to $790, while the 1TB model rose from $650 to $950.

Valve removed all LCD versions from sale at the same time. The firm stated that the adjustments reflected higher component costs and industry-wide logistical issues.

Data from Boiling Steam showed the device falling from fifth to 14th place on Steam Charts in the United States. Estimated weekly sales dropped from between 11,000 and 18,000 units in 2025 to between 1,400 and 3,000 in July 2026.

The decline coincided with the launch of the Steam Machine. Valve has not confirmed the sales figures.

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Illustration of a Steam Machine console with a $1049 price tag and Valve announcement news.
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Valve reveals Steam Machine prices over $1000

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Valve announced the prices for its Steam Machine on June 22, with the base 512GB model costing $1049.

Valve has increased the prices of its Steam Deck OLED models in response to rising component costs. The changes took effect on May 27.

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Valve has announced price increases for its Steam Deck OLED models worldwide, attributing the changes to rising memory and storage costs.

Gaming hardware prices are expected to keep climbing in the coming years due to rising component costs and other factors. Industry experts point to increased demand for RAM from AI data centers as a primary driver. They also cite tariffs, inflation, and geopolitical issues as contributing elements.

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Valve has opened reservations for its new Steam Machine gaming PC, which will start at $1,049 for the 512GB model. The company is using a randomized system to allocate the first units due to component shortages. Shipping for selected buyers begins June 29.

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