• Total Sales: 4 million units sold worldwide.
  • Market Reach: 90% of revenue generated from Western markets.
  • DLC Impact: The Overture expansion (June 2025) triggered a "second wave" of popularity.
  • Future Roadmap: A Lies of P sequel is greenlit, plus five additional upcoming titles in the pipeline.

Neowiz’s Global Conquest: The 4 Million Milestone

Let’s be real: most "Soulslikes" that aren’t stamped with the FromSoftware logo end up in the bargain bin within six months. Lies of P has officially bucked that trend. Neowiz just dropped their Q4 2025 earnings results, and the headliner is a massive 4 million units sold. What makes this number even more impressive is the context—this game launched straight into Xbox Game Pass and hit PS Plus Essential last year. We’re looking at a title that millions of people played "for free," yet it still managed to move 4 million premium copies. That is a staggering conversion rate for a new IP in a crowded genre.

The Western Dominance

Perhaps the most telling stat in the report is that 90% of the revenue came from Western markets. Neowiz has successfully cracked the code that many Eastern publishers struggle with: making a hardcore RPG that resonates deeply with North American and European audiences. It’s clear that the gritty, Belle Époque aesthetic and polished combat hit the sweet spot for players looking for their next Bloodborne fix.

Expansion Power: The Overture Effect

We saw the Overture expansion land in June 2025, and Neowiz confirms it did exactly what a good DLC should do—it reignited the base game. Boasting a Metacritic score of 85, the expansion didn’t just add fluff; it provided a high-quality "second wave" of interest that drove sustained sales long after the initial launch hype died down. This isn't just a one-and-done release; Neowiz is treating Lies of P as a long-term ecosystem, and the strategy is paying off in spades.

The Road Ahead: Sequels and Sci-Fi

If you were worried that Lies of P was a fluke, the publisher's future pipeline suggests otherwise. Round8 Studio is already officially working on a sequel, which we expect will double down on the high-fidelity puppet-action that made the first one a hit. But Neowiz isn't putting all their eggs in one basket.

New Genre Experiments

The publisher is diversifying their portfolio with some heavy-hitting partnerships:

  • Wolfeye Studios: The team behind Weird West is currently in production on a "retro sci-fi first-person RPG." Given their pedigree, we’re expecting something dense, systemic, and hopefully a bit weird.
  • Zakazane Studio: They are tackling a "noir west CRPG." Mixing isometric tactical play with a gritty western vibe is a bold move, and it shows Neowiz is willing to fund niche, high-concept projects.

Our take? Neowiz is no longer just a "publisher to watch"—they’ve arrived. With five upcoming games in the works and a proven ability to manage a blockbuster franchise, they are rapidly becoming a powerhouse in the mid-to-high budget RPG space. The "second wave" of Lies of P was just the beginning.