PS5 Surpasses 65.5 Million Units Shipped

Sony has announced its financial results for the second quarter of its 2024 fiscal year, covering the period from July to September, along with an update on PlayStation 5 (PS5) shipments.

According to Sony's financial statements, the company shipped 3.8 million PS5 units to retailers this quarter, bringing the console’s lifetime shipments to 65.5 million units. In comparison, Nintendo shipped 2.62 million Switch units during the same period. Sony also reported 77.7 million software units sold during the quarter, with 5.3 million of these being first-party titles. Digital downloads accounted for 70% of all software sales.

Revenue from Sony’s Game & Network Services division, which includes PlayStation and PlayStation Network, reached 117.4 billion yen—a 12% year-over-year increase. This growth was driven by higher sales of third-party games, downloadable content, and increased revenue from PlayStation Network, particularly from PlayStation Plus.

The division’s operating income rose to 89.9 billion yen, marking a significant 184% year-over-year increase, largely due to improved hardware profitability and the aforementioned revenue streams. For the full fiscal year, Sony has raised its forecast, projecting sales of 170 billion yen (an upward revision of 4%) and operating income of 35 billion yen (an 8% increase).

Sony also reported that PlayStation Network had 116 million monthly active users during the quarter, showing year-over-year growth from 107 million, though numbers remained stable compared to the previous quarter. The company did not release specific figures for PlayStation Plus subscribers.

On a broader level, Sony’s overall sales and operating income increased year-over-year. For historical context, Sega’s previous quarterly financials were released in August, and other major gaming companies—including Koei Tecmo, Capcom, Electronic Arts, Ubisoft, Microsoft, Konami, Marvelous, Nintendo, Bandai Namco, Take-Two, Krafton, Warner Bros. Discovery, and Sega—have recently reported their own financial updates as well.