Sales of consoles and Sony's own games are falling, but there is more money: the company's total net income increased by 7% to $81.8 billion
Sony has released its financial results for the full fiscal year ended 31 March 2025 and reported a significant increase in operating profit in its Games Network Services division, up 43% to ¥414.8 billion ($2.8 billion). At the same time, Sales of PlayStation 5 reached 77.8 million: most people have already bought the console, so demand has decreased to 18.5 million units for the year.
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At the end of the year, Sony's total net income increased by 7% to ¥12.04 trillion ($81.8 billion), and operating profit increased by 23% to ¥1.2 trillion ($8.1 billion). The company's gaming division performed particularly well, with net revenue from Games Network Services up 9% to ¥4.6 trillion ($31.5 billion) and operating profit rising 43%.
In the fourth quarter (January-March 2025), PS5 console sales totalled 2.8 million units, down from 4.5 million last year, and 18.5 million consoles were shipped for the year (against 20.8 million a year earlier). The decline is due to market saturation, as most potential buyers have already purchased a console.
Despite the decline in hardware sales, Sony reported an increase in game sales: a total of 303.3 million copies of games were sold, up 17 million year-on-year. The growth was driven mainly by third-party projects and additional content, with digital add-ons bringing in ¥2.2 trillion ($15 billion), up 16%.
At the same time, sales of Sony's own games fell from 39.7 to 28.9 million copies. Last year, the company released Astro Bot, as well as PC versions of Ghost of Tsushima and Horizon: Forbidden West. In 2025, the company has such anticipated projects as Death Stranding 2: On the Beach and Ghost of Yotei on the horizon.
Hardware revenues decreased by 6% to ¥1.6 trillion ($10.9 billion), but services, including PlayStation Plus, brought in a record ¥669.8 billion ($4.5 billion), up 23%. The number of active PlayStation Network users in the fourth quarter increased by 5% to 124 million.
For the upcoming fiscal year, Sony forecasts a decline in total revenue to ¥11.7 trillion ($79.9 billion) and a 6.5% drop in revenue from its gaming division to ¥4.3 trillion ($29.2 billion) due to further declines in console sales and currency fluctuations.
Source: Sony