With Xbox content and services being down by 5 percent, Microsoft noted that the previous year was helped by strong first-party releases.
"Our job is not to smooth over our differences, but to connect everyone into something greater than any one studio or product."
Currently, only WW2, the recent Modern Warfare trilogy, and the last two Black Ops games are available through Game Pass.
By getting a 12-month window for Game Pass releases, analyst Piers Harding-Rolls believes other studios could also generate more revenue.
For the long term, Microsoft is seemingly looking into giving subscribers more control over what kind of Game Pass they can get.
After last year's price bumps, Game Pass Ultimate will be $22.99 per month while PC Game Pass will cost $13.99 going forward.
Microsoft has yet another packed showcase lined up, this time focusing on "amazing-looking" indie games and even a "surprise."
Several titles are also leaving on April 30th, including Citizen Sleeper, Endless Legend 2, NHL 24, and Revenge of the Savage Planet.
The rumored new Game Pass tier is slated to focus on first-party games, with no third-party game seemingly being available.
Asha Sharma was recently noted as saying that Game Pass has gotten "too expensive," and a new tier might be aimed at fixing this.
"Long term, we will evolve Game Pass into a more flexible system," says Asha Sharma in an alleged internal memo to employees.
After launching on day one for Game Pass for two consecutive years, Microsoft may be reconsidering its strategy for the future.
The sequel to Call of the Sea sees players on a globe-hopping, puzzle-focused adventure to solve Eldritch-related mysteries.
Premium subscribers can also look forward to the addition of The Elder Scrolls 4: Oblivion Remastered, Football Manager 26, and more.
References to the new tier, dubbed Triton, were discovered by a dataminer who found a potential list of games associated with it.
An update on S.T.A.L.K.E.R. 2: Heart of Chornobyl, a "new look" at The Expanse: Osiris Reborn, and "world premieres" are also confirmed.
Guard Crush's acclaimed beat 'em up finally arrives for Xbox, but you can also look forward to Disco Elysium and The Long Dark.
EA Sports F1 25, to a T and Planet of Lana 2 are also coming to the subscription service, with Kingdom Come: Deliverance 2 out today.
February is looking just as enticing with The Witcher 3: Wild Hunt - Complete Edition, EA Sports College Footbal 26, and much more.
It's apparently in the "early stages of exploring ways" to further add to the service, including adding more third-party benefits.