Elden Ring Movie Budget Reportedly Hits $200 Million

Alex Garland’s live-action Elden Ring film is reportedly carrying a budget of nearly $200 million, according to a Wall Street Journal report cited by IGN, putting it on par with major Marvel productions and making it the single most expensive movie A24 has ever produced.

A New Scale for A24

A24 built its reputation over the past 14 years by delivering acclaimed, often unconventional films on comparatively lean budgets. That approach is being abandoned in a significant way for Elden Ring. As Insider Gaming reports, the nearly $200 million figure positions the adaptation at roughly three times the cost of the studio’s previous budget record-holder, the 2025 Timothée Chalamet drama Marty Supreme, which itself made headlines for being A24’s priciest film at $70 million. Before that, Alex Garland’s own Civil War reportedly cost around $50 million, and Dwayne Johnson’s The Smashing Machine carried a similar figure. Nothing in A24’s back catalog comes close to what Elden Ring is apparently costing.

Budget Comparisons at a Glance

What’s Known About the Film So Far

The Elden Ring movie was announced in May 2025 and is scheduled to premiere on March 3, 2028. Filming wrapped in July 2026. A24 has assembled a notable cast that includes Kit Connor, Cailee Spaeny, Nick Offerman, and Havana Rose Liu, among others. Early production photos have surfaced online, suggesting the crew is going to considerable lengths to faithfully recreate locations from FromSoftware and George R.R. Martin’s 2022 RPG. The scale of those sets may be one factor contributing to the reported cost, though no official explanation has been given for the figure.

A Ballooning Price Tag

The $200 million number represents a sharp jump from earlier estimates. Previous reports placed the production budget at just over $100 million, meaning either those initial figures were off the mark or costs grew substantially during production. At its reported budget, the Elden Ring film sits alongside studio tentpole releases like Spider-Man: No Way Home and Jurassic World Rebirth. For A24, a company whose identity has long been tied to doing more with less, this represents a genuine departure from the model that made it one of the most respected studios in the business. Whether that bet pays off remains to be seen when the film arrives in early 2028.

Sources: IGN, Insider Gaming