PlayStation 5 sales are down compared to this time last year but the console has still reached 61.7 million units sold overall since its launch in 2020.
Sony's latest financial results revealed a decline year over year from 3.3 million units sold in the first quarter of the 2024 financial year to 2.4 million units sold in the first quarter of the 2025 financial year, meaning from April to June 2024.
The decline was somewhat expected, however, as Sony lowered its overall PS5 sales target for this financial year to 18 million units from the 21 million units it targeted last year. This itself was down from an initial target of 25 million units sold, but Sony ultimately failed to accomplish either as it ended the year on 20.8 million. This was still a PS5 sales record though.
Despite the hardware dip, Sony did reveal its monthly active users, a key performance indicator for assessing how engaged its audience is (and therefore how likely to spend more money on subscriptions, software, and so on it is), was up compared to last year.
Sony registered 116 million monthly active users in this period, down from the fourth quarter of last financial year (118 million) but up compared to a year ago, when it sat at 108 million.
Many will point to the lack of PS5 exclusives as a potential reason for hardware sales declining, and Sony has already indicated no new games from its major franchises will be released this financial year. That means no Spider-Man, God of War, The Last of Us, Ratchet and Clank, Horizon, Ghost of Tsushima, or whatever else.
Ryan Dinsdale is an IGN freelance reporter. He'll talk about The Witcher all day.
