Epic Games stock & equity tools

Pre-IPO · Gaming

Epic Games is pre-IPO. Plan your AMT and NSO exercise tax at any valuation: current 409A FMV, expected IPO price, or post-IPO scenarios.

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About Epic Games

Epic Games is a privately held Gaming company, incorporated in Maryland and headquartered in Cary, NC.

Last reported secondary-market price: $366.34 per share (as of 2026-06-16). Your own 409A may differ.

Unreal Engine; Fortnite.

Equity grants at Epic Games typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).

Epic Games, Inc. is an American video game and software developer and publisher based in Cary, North Carolina. The company was founded by Tim Sweeney as Potomac Computer Systems in 1991, originally located in his parents' house in Potomac, Maryland. Following its first commercial video game release, ZZT (1991), the company became Epic MegaGames, Inc. in early 1992 and brought on Mark Rein, who has been its vice president since. After moving the headquarters to Cary in 1999, the studio changed its name to Epic Games.

Source: Wikipedia (CC BY-SA 4.0)

Tim Sweeney founded the company in 1991 as Potomac Computer Systems, renamed it Epic MegaGames, then settled on Epic Games and relocated to Cary, North Carolina. Fortnite anchors the business as both a battle royale and a creator-driven experiences platform, while Unreal Engine powers games, films, automotive design, and architectural visualization. The Epic Games Store distributes PC titles, and the 2019 Psyonix acquisition brought Rocket League in-house. Tencent holds roughly 40 percent. Judge Gonzalez Rogers found Apple willfully defied her 2021 injunction in April 2025, restoring Fortnite to the US App Store. Secondary markets price the company between 20 and 35 billion dollars after a Fortnite revenue rebound.

Sources: en.wikipedia.org · sacra.com · en.wikipedia.org

Equity comp at Epic Games

  • Epic Games issues stock options (not RSUs) as the primary equity vehicle for employees, which is atypical for a company of its scale. Options are priced using an annual board-approved 409A valuation (an independent appraisal of fair market value per share, which sets the strike price employees pay to buy shares). Secondary sales require company approval and are managed through Nasdaq Private Market. During both the 2023 and 2026 layoff events, Epic offered affected employees accelerated vesting through a future date plus a two-year exercise-window extension.

Sources: epicgames.com · nasdaqprivatemarket.com

Researched 2026-05-10.

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