Sony has released its financial results for Q1 2025, revealing an 8% sales income and a 127% operating income increase year-on-year for its Games and Network Services division.
The company also revealed PlayStation 5 and game software sales have seen a boost since the same period last year.
The numbers
For the three months ended June 30, 2025:
Overall:
- Sales income: ¥2.62 trillion ($17.8 billion), up 2% YoY
- Operating income (after tariff impact): ¥340 billion ($2.3 billion), up 36% YoY (before tariff impact)
Games & Network Services
- Sales income: ¥937 billion ($6.4 billion), up 8%
- Operating income: ¥148 billion ($1 billion), up 127% YoY
The highlights
According to the financial results, Sony’s G&NS division saw an overall increase of 8.1% YoY to ¥913 billion ($6.3 billion).
Sales are up across the majority of this division, with hardware sales up 4.7%, game software sales up 11%, and network services (like PlayStation Plus) up 8.3%. Sales in its Others segment, however, are down 3.2%.
Breaking this down, Sony revealed that sales of physical software hit ¥22.7 billion ($157 million) in Q1, up 10% YoY, while digital software sales were ¥200 billion ($1.38 billion), and saw a more substantial increase of 40.6% YoY.
Add-on content sales are also up by 0.6% YoY, while other software dropped 23.5% YoY to ¥25.3 million ($175,000).
The report also revealed that PlayStation 5 sales have seen a small 4.2% increase, from ¥2.4 million ($16,560) to ¥2.5 million ($17,250). PlayStation’s third-party titles have seen a major 22.9% YoY boost, and first-party titles are up, too, by 15% YoY.
Last week, Microsoft revealed in its financial report that it was the top publisher on Xbox and PlayStation in Q1, following the launches of Forza Horizon 5 and Oblivion Remastered on PlayStation 5.
Sony confirmed God of War is currently its best-selling first-party game, having sold 23 million units across PlayStation and PC to date. Horizon Zero Dawn comes in a close second, with 20 million sold.
Sony noted that the G&NS division’s sales and operating income boost is a result of an increase in sales of non-first-party game software and DLC, in addition to a sales increase from network services. It goes on to state that foreign exchange rates did have an impact on sales, however.
Elsewhere, Sony confirmed PlayStation active users are up 6%, from 116 million to 123 million.
While Sony appears to be mostly on track for its fiscal year forecast, it is now specifically breaking down its operating income results into two categories: “before tariff impact” and “after tariff impact,” referring to the new US tariffs.
“The above tariff impact is the estimated impact on the forecast for operating income of the continuing operations from the series of changes in U.S. tariff policy at this time,” a note on the report reads.
“The estimated impact is calculated based on the tariff rates announced as of August 1, 2025. The actual impact could vary significantly from this estimation if future tariff policy or other factors are changed (applies to all following pages).”
The U.S. is the largest geographical region for Sony sales, making up 34% of the company’s Q1 2025 sales.
