They have a bunch of cancelled/unreleased games [0] because their standards are so high.
I don't think they want to be known as the company who made the best PC gaming platform in the world, but who also released some really crappy games on there.
Games are in their DNA, so I expect we'll see something absolutely amazing from them in the future.
Their standards for recurring revenue maybe. Most of their recent games(discounting smaller demos that are really just platform/hardware ads) are casino simulators.
(Less profitable) single player games don't get enough attention to be finished. Alyx is the exception that proves the rule - and even that might never have happened if they didn't need a game to showcase VR.
> Games are in their DNA
This is such a nonsensical statement. People can change. So can companies made up of people.