Xbox CEO Asha Sharma has expressed confidence that Xbox will be back on track and growing by next year, despite recent reports of declining revenue for the gaming brand. The report comes as Sharma nears the end of his first six months as head of Xbox.
The Microsoft gaming brand has seen major changes throughout 2026, including a change in leadership at the top level. Fan-favorite Xbox CEO Phil Spencer has confirmed he will be retiring from Microsoft Gaming after 38 years at the company, handing over the reins to Microsoft's CoreAI president Asha Sharma. Xbox President and Chief Content Officer Sarah Bond also announced at the same time that she would be leaving Microsoft, with Matt Booty taking over as CCO. Now, despite recent struggles at Xbox, Asha Sharma is sharing a positive outlook for the future of Microsoft's gaming brand.
Asha Sharma is confident Xbox will recover from its recent decline.
Asha Sharma recently spoke about Xbox's position and future on her official Twitter account. Sharma confirmed that despite more than 200 million new players coming to Xbox during fiscal 2026, “the business hasn't grown” as its audience has grown. Asha Sharma emphasized that one of the biggest ways to rebrand the Xbox is for the company to “invest in what players value” and expressed confidence that Xbox will “return to growth” by the end of the next fiscal year. Microsoft's latest quarterly report showed revenue and operating profit growth of up to 18% across the company, while Xbox saw its second consecutive quarter of year-over-year financial declines.
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Xbox's recent financial struggles may be the result of a variety of factors, including the release cadence of major releases. Xbox had just one major first-party launch during the final quarter of fiscal 2026. Forza Horizon 6 Debut in May 2026. fable It was postponed to 2027, Gears of War: E-Day It won't be released until October.
Asha Sharma has already promised to bring big changes to Xbox in her first few months as CEO. Microsoft cut the price of Xbox Game Pass Ultimate in April, lowering the subscription fee from $29.99 to $22.99, which reportedly led to an increase in subscriptions to the service. Sharma also acknowledged that there is growing demand for Microsoft to return to its exclusives after several major Xbox franchises appeared on other platforms, while CCO Matt Booty confirmed that future exclusives will be decided “on a case-by-case basis.”
The upcoming fiscal year is shaping up to be a big one for Xbox with several high-profile releases. In addition to the previously mentioned Halo: Evolving the Campaign and Gears of War: E-DayThe start of 2027 will bring a revival of the beloved Xbox franchise with its next release. fable Reboot. Major multiplatform releases are also expected in the second half of 2026. grand theft auto 6According to initial reports GTA 6of PS5 pre-orders are far ahead of Xbox. Fans can only hope that Asha Sharma's changes help get Xbox moving in the right direction.
