Black Flag Studios

7 developed. Active 2016–2026.

Hit rate 14.3% 1 of 7 reached 50+ reviews
Revenue (estimated) $881k across the whole catalogue
Reviews 4K combined
Biggest title Fear Therapy 3,626 reviews

The hit rate is the number that separates a studio which understands its audience from one buying lottery tickets — total revenue mostly says how long a studio has existed. Both are estimates; see how they are calculated.

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Revenue over time

Estimated gross revenue accumulated across the whole catalogue, month by month. It climbs where a release finds buyers and flattens where a catalogue only coasts. The last point is the same figure as in the box above — gross, before Steam's cut, VAT and refunds. How this is estimated.

Developed

Image Name Price Tags Reviews ▾ Positive Released Revenue (estimated)
Fear Therapy Fear Therapy
Steam
$4.99 Horror Multiplayer Psychological Horror Co-op Early Access Indie 3,626 68% Fri, Dec 24, 2021 $864k
$864k – $1.3m
Night Blade Night Blade
Steam
Free Action Roguelike Hack and Slash PvP Rogue-like 3D Third Person 19 53% Sat, May 01, 2021 $9k
$4k – $15k
BLADE.EXE BLADE.EXE
Steam
$4.99 14 50% Tue, Nov 25, 2025 $3k
$1k – $6k
Yrminsul Yrminsul
Steam
$9.99 Strategy Indie Tower Defense Narration 12 67% Wed, Mar 02, 2016 $5k
$2k – $10k
MUSIC BAND SIMULATOR:TOGETHER MUSIC BAND SIMULATOR:TOGETHER
Steam
n/a 0 n/a Thu, Oct 01, 2026 n/a
REDLINE 911 REDLINE 911
Steam
n/a 0 n/a — n/a
THE IMPOSTOR THE IMPOSTOR
Steam
$4.99
$2.99
40%
best price ever
0 n/a Thu, Sep 10, 2026 n/a