
Sony reported that it earned a net income of $180 million on revenues of $17.8 billion in the quarter ending June 30, 2025. Those figures represent gains of 23 percent and 2 percent, respectively, year-over-year (YOY). It’s Games & Network Services business was again the standout, with Sony selling 2.5 million PlayStation 5 videogame consoles in the quarter.
While the 2.5 million PS5 units sold in the most recent quarter are roughly flat YOY, Sony has now sold 80.3 million PlayStation 5 consoles. So it’s closing in on the 87.4 million achieved by the PS3, but unlikely to ever catch up to the 113.5 million units its predecessor, the PS4, sold during that console’s lifetime.
But Sony says that the overall platform is much bigger today than it was at a similar point in the PS4’s life cycle. In mid-2018, Sony had about 93 million monthly active users (MAUs) on PlayStation, and that figure today is 32 percent higher, or about 123 million. And PlayStation is generating almost 50 percent more revenues from content and services in the current fiscal year compared to FY 2019.
“This indicates that in addition to the increase in the number of users, an increase in spending per user is contributing to revenue growth,” Sony says. “We expect content and service revenue to continue to grow steadily from next fiscal year onwards as well, thanks to the user community we have cultivated to date.”
Sony has had a few stumbles. It’s delayed its eagerly-awaited Marathon remake to “improve the quality of the gameplay,” and Sony CFO Lin Tao said that the PlayStation live services business was “not entirely going smoothly.” But the company has also had some big hits this year, including Death Stranding 2: On the Beach. Combined PS5 and PS4 game sales were 66 million units in the quarter, with 6.9 million units created in-house by Sony. And the PlayStation Network now has 123 million MAUs, up 7 million since the same quarter one year ago.
As for the competition, Nintendo recently reported that it sold 6 million Switch 2 consoles in its first quarter in the market, and the firm expects to sell 15 million units this fiscal year (though next March). And while Microsoft has never reported on Xbox Series X|S sales, a new report suggests that the total is well under 30 million units, with the range somewhere between 21 and 29 million.