Video game publishing and 3D engine licensing · Updated 6 August 2026
Epic Games's secondary market price is $205.00 per share, implying a valuation of $6.97B.
Epic Games develops and publishes video games, most prominently Fortnite, one of the largest live-service game ecosystems in the world. It also builds and licenses the Unreal Engine, a real-time 3D engine used across game development, film, architecture, and enterprise simulation, and separately operates the Epic Games Store, a PC game marketplace that competes with Steam.
Founders: Tim Sweeney, Mark Rein
Epic Games last marked at $205.00 per share, an implied valuation of $6.97B. Private-company prices are indications rather than executed trades: they carry wider spreads than listed equities, they can move without any news, and a transfer still needs the issuer's consent to settle.
At the current secondary mark of $205.00 per share, enter your holding to estimate its value. This is an indicative valuation of common stock before transfer restrictions, taxes, fees, and any liquidation preference held by preferred shareholders, so it is a reference point rather than a realisable price.
| Shares held | Estimated value |
|---|---|
| 100 | $20,500 |
| 500 | $102,500 |
| 1,000 | $205,000 |
| 5,000 | $1,025,000 |
| 10,000 | $2,050,000 |
| 25,000 | $5,125,000 |
Secondary Flow does not make buy or sell recommendations. What it does is lay out the evidence so you can reach your own view.
Epic Games scores 34/100 on Secondary Flow's composite model, which weighs founder and investor quality, sector momentum, valuation against public comparables, and secondary-market pricing. Its implied valuation sits 50.0% above the level its public comparables would imply.
See the methodology for how each factor is weighted and how the model is backtested against realised outcomes.
| Round | Date | Raised | Valuation | Step-up |
|---|---|---|---|---|
| 2018 Growth Round (KKR-led) | October 2018 | $1.25B | $15B | - |
| 2020 Growth Round | August 2020 | $1.78B | $17.3B | +15.3% |
| 2021 Growth Round | April 2021 | $1B | $28.7B | +65.9% |
| 2022 Growth Round (Sony/KIRKBI) | April 2022 | $2B | $31.5B | +9.8% |
| 2024 Disney Strategic Investment (atypical single-investor Corporate Round) | February 2024 | $1.5B | $22.5B | -28.6% |
Roblox, Take-Two Interactive, Electronic Arts, Unity Software, Valve Corporation
Epic Games's most recent secondary-market price on Secondary Flow is $205.00 per share, implying a valuation of $6.97B. Secondary prices are indications compiled from publicly observable activity, not executed trades, and they move between updates.
At $205.00 per share, 100 Epic Games shares are worth about $20,500, 1,000 shares about $205,000, and 10,000 shares about $2,050,000. Use the calculator on this page for your own share count. This is an indicative mark on common stock before any transfer restrictions, taxes, or fees, and the price a holder can actually realise may differ.
Secondary Flow does not give buy or sell recommendations. What it does give you is the evidence: Epic Games scores 34/100 on the composite model, which weighs founder and investor quality, sector momentum, valuation versus public comparables, and secondary-market pricing. Its implied valuation sits 50.0% above the level its public comparables would imply. Read that alongside the price, the premium or discount to the last primary round, and the funding history on this page, and see the methodology for how each factor is weighted.
Epic Games was last valued at $22.5B post-money in its 2024 Disney Strategic Investment (atypical single-investor Corporate Round) round (February 2024). Its current secondary-market mark implies $6.97B.
Secondary Flow is a research tool, not a broker-dealer or a marketplace, so it does not execute transactions in Epic Games or any other private company. Private-company shares typically change hands through a company-approved tender offer, a direct transfer subject to the company's right of first refusal, or a regulated secondary marketplace, and most transfers require issuer consent. Secondary Flow tracks the resulting prices.
Not investment advice. Figures are compiled from publicly available sources believed reliable but not independently verified, and provided “as is” without warranty. Secondary-market prices are indications, not executed trades. Secondary Flow is an independent research tool, not a broker-dealer or investment adviser; company names and trademarks belong to their respective owners (no affiliation or endorsement implied).