Valve has released the results for the 2025 Steam Awards, drawing 43.8 million player votes. The headline winner is Hollow Knight: Silksong, taking Game of the Year after a long buildup from Team Cherry. It edges out a crowded field that includes Arc Raiders, Dispatch, Kingdom Come Deliverance 2, and Clair Obscur: Expedition 33. Silent Hill f secured Outstanding Visual Style, Arc Raiders claimed Most Innovative Gameplay, and Hades 2 earned Best Game on Steam Deck. Dispatch was recognized as Outstanding Story-Rich Game, while Clair Obscur earned Best Soundtrack. Hollow Knight: Silksong also took home the Best Game You Suck At award. The results, while highly anticipated by fans, also reflect a year where Eurogamer’s 2025 Game of the Year pick, Blue Prince, did not win any category this year. Valve thanked players and developers for building Steam’s community and signaled a 2026 focused on helping players discover new favorites and rediscover old ones.
On the business side, Arc Raiders was Steam’s biggest-selling game over the holiday period. SteamDB’s window from December 23 to 30 shows Arc Raiders leading revenue, with Battlefield 6 and Clair Obscur Expedition 33 following as the platform’s top sellers.
Here is the full list of winners as announced by Steam: Game of the Year Hollow Knight: Silksong; VR Game of the Year The Midnight Walk; Labor of Love Baldur’s Gate 3; Best Game on Steam Deck Hades 2; Better with Friends Peak; Outstanding Visual Style Silent Hill f; Most Innovative Gameplay Arc Raiders; Best Game You Suck At Hollow Knight: Silksong; Best Soundtrack Clair Obscur: Expedition 33; Outstanding Story-Rich Game Dispatch; Sit Back and Relax RV There Yet?
Beyond the awards, Arc Raiders’ performance in the holiday period underlines its dual identity as both a commercially successful and critically discussed project. The year’s results, anchored by Hollow Knight: Silksong and complemented by a slate of genre-spanning honors, contribute to a broader conversation about how players balance anticipation with verdicts across multiple categories.
Valve closed the announcement with thanks to players and developers for making Steam a vibrant community, and a forward-looking note inviting everyone to keep searching for their next favorite title while rediscovering cherished old ones in 2026.