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Sony is the latest games company to release its earnings for Q3 2025, and unlike other players in the industry, the PlayStation manufacturer has come out surprisingly well. Where other companies are feeling the pressure from component shortages and dropping hardware sales, Sony’s games segment results were lifted by strong first-party game sales and subscription revenue.
Sony isn’t immune to the problems the rest of the industry have faced in the last year, reporting a 4% decrease in sales largely impacted by lower than expected console sales through the holiday season. This quarter was the first holiday period that didn’t see console sales increase against the previous season, reporting the weakest holiday sales for PlayStation hardware in three years.
Notably, the PS5 received a price hike during 2025, implemented across the US, UK, Europe, and Australia prior to the holiday season. Sony still sold a total of 8 million consoles during the quarter, bringing the PlayStation 5’s lifetime sales up to 92.1 million.
Despite the drop in sales, Sony’s gaming segment still reported a 19% increase in operating income, driven by strong first-party game sales and network services, such as PlayStation Plus subscriptions. Sony reported 13.2 million first party games sold during the
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