May’s top grossing mobile games: Honor of Kings, Whiteout Survival, Royal Match, more
According to in-app purchase earnings data from Appmagic, Honor of Kings led the mobile gaming market in May with approximately $161 million in IAP revenue, representing a $20 million month-on-month increase. This strong performance demonstrates Honor of Kings’ continued dominance as a top earner, though it remains slightly below January’s exceptional peak of $193 million in monthly revenue.
The monthly ranking data excludes ad revenue, platform fees, and revenue from China’s Android ecosystem, meaning actual total earnings exceed the reported IAP figures. Other notable top-grossing titles mentioned include Whiteout Survival and Royal Match, which continue to maintain their positions among the mobile gaming industry’s highest earners.
This monthly update represents part of an ongoing tracking initiative, with Appmagic regularly monitoring top-grossing and top-downloaded charts to provide insights into revenue trends and player engagement patterns. The data reveals earnings fluctuations and trends among the top 20 games and beyond, offering the industry valuable perspective on which titles are successfully sustaining monetization through in-app purchases.