MCU Phase 5 Is the Lowest-Grossing Phase of the MCU: Here’s How Much Each Film Earned

Marvel Studios
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The Marvel Cinematic Universe has been a box office juggernaut for over a decade, but Phase 5 has stirred up some chatter with its financial performance. While still pulling in massive numbers, this phase has averaged $610.7 million per film, making it the least lucrative in MCU history.

We’re diving into the box office earnings of Phase 5’s six films, ranking them from the lowest to the highest-grossing. Let’s break down how each movie stacked up, with some context on their budgets, casts, and what made them tick.

The Marvels (2023)

The Marvels (2023)
Marvel Studios

This film, released on November 10, 2023, brought in $206.1 million worldwide, with $84.5 million domestic and $121.6 million international. With a hefty $375 million budget, it struggled to break even, marking it as the lowest earner in Phase 5.

Brie Larson returned as Carol Danvers, joined by Teyonah Parris and Iman Vellani, but the film faced tough competition and mixed buzz. Its cosmic adventure and lighter tone didn’t quite click with audiences, leading to a disappointing run despite its star power.

Thunderbolts* (2025)

Thunderbolts* (2025)
Marvel Studios

Hitting theaters on May 2, 2025, ‘Thunderbolts*’ earned $382 million globally, with $189.9 million from the U.S. and $192.1 million overseas. Its $180 million budget kept it in safer financial territory, but it still fell short of expectations.

Featuring a team-up of antiheroes like Sebastian Stan’s Bucky Barnes and Florence Pugh’s Yelena Belova, the film leaned into gritty action. While it drew some loyal fans, its late-phase release and crowded superhero market may have dampened its draw.

Captain America: Brave New World (2025)

Captain America: Brave New World (2025)
Marvel Studios

Released on February 14, 2025, this installment grossed $415.1 million worldwide, with $200.5 million domestic and $214.6 million international. Its $180 million budget made it a moderate success, though it didn’t reach the heights of earlier Captain America films.

Anthony Mackie took the shield as Sam Wilson, facing off against Harrison Ford’s Red Hulk. The film’s political thriller vibe and fresh cast added intrigue, but it couldn’t match the cultural splash of its predecessors.

Ant-Man and the Wasp: Quantumania (2023)

Ant-Man and the Wasp: Quantumania (2023)
Marvel Studios

Kicking off Phase 5 on February 17, 2023, this Ant-Man sequel pulled in $476.1 million globally, with $214.5 million from the U.S. and $261.6 million abroad. Its $388.4 million budget made profitability a challenge.

Paul Rudd and Evangeline Lilly returned, with Jonathan Majors stealing scenes as Kang. The film’s dive into the Quantum Realm was visually bold, but some felt its story didn’t quite land, impacting its box office staying power.

Guardians of the Galaxy Vol. 3 (2023)

Guardians of the Galaxy Vol. 3 (2023)
Marvel Studios

Released on May 5, 2023, this fan-favorite racked up $845.6 million worldwide, with $359 million domestic and $486.6 million international. Its $250 million budget was easily covered, making it a standout in Phase 5.

James Gunn’s final Guardians film delivered emotional depth with Chris Pratt, Zoe Saldaña, and a talking raccoon. Its mix of heart, humor, and a killer soundtrack kept audiences coming back, cementing its strong performance.

Deadpool & Wolverine (2024)

Deadpool & Wolverine (2024)
Marvel Studios

Topping the list, this July 26, 2024, release grossed a massive $1.34 billion globally, with $636.7 million from the U.S. and $701.3 million overseas. With a $200 million budget, it’s the phase’s biggest win.

Ryan Reynolds and Hugh Jackman’s chemistry, packed with R-rated humor and multiverse mayhem, made it a cultural hit. Its record-breaking run showed the MCU still has firepower when the right elements align.

Which Phase 5 film surprised you most at the box office? Drop your thoughts in the comments!

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