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Repair Windows errors before they cause bigger problemsFix Now →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Sony’s results for the quarter ended December 31, 2025, released February 5, 2026, show a split picture: continuing-operations sales rose 0.5% year over year and operating income climbed 21.8%, while PS5 hardware shipments fell from 9.5 million to 8.0 million, a decline of about 16%. The often-cited 4.1% decline was in sales for Sony’s broader Game & Network Services segment—not in PS5 hardware units.
This is a report on Sony’s FY2025 Q3, not its latest quarterly results as of October 8, 2026. Sony’s latest available quarter by that date was FY2026 Q1, covering April through June 2026.
What Sony reported for the quarter
For October–December 2025, Sony Group reported consolidated sales of ¥3,713.681 billion, compared with ¥3,693.394 billion in the same quarter a year earlier. Operating income was ¥515.041 billion, up from ¥422.969 billion. Net income attributable to Sony Group stockholders from continuing operations was ¥377.324 billion, compared with ¥341.080 billion.
| Measure | FY2025 Q3 Oct.–Dec. 2025 |
FY2024 Q3 Oct.–Dec. 2024 |
Year-over-year change |
|---|---|---|---|
| Sony consolidated sales | ¥3,713.681 billion | ¥3,693.394 billion | Up about 0.5% |
| Operating income | ¥515.041 billion | ¥422.969 billion | Up about 21.8% |
| Continuing-operations net income attributable to Sony Group stockholders | ¥377.324 billion | ¥341.080 billion | Up about 10.6% |
“Earnings rose slightly” depends on which measure is meant: sales grew modestly, but operating income and continuing-operations attributable net income increased more substantially. These figures cover continuing operations. Sony’s reporting scope changed after the October 2025 spin-off of Financial Services; the quarter’s consolidated attributable net loss, which includes discontinued operations, was ¥1,008.612 billion and is not an operating-earnings measure. Sony’s consolidated financial summary for the quarter ended December 31, 2025 presents the reported financial statements and scope.
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PS5 hardware shipments fell about 16%, not 4.1%
Sony reported PS5 hardware shipments of 8.0 million units in FY2025 Q3, down from 9.5 million in FY2024 Q3. That is a year-over-year decrease of approximately 15.8%, commonly rounded to 16%. These are hardware sales into the channel, or sell-in, rather than a direct count of purchases by consumers.
The 4.1% figure applies to Game & Network Services (G&NS) segment sales: ¥1,613.587 billion, compared with ¥1,682.330 billion a year earlier. G&NS includes hardware, game software, network services and other items. Its revenue change is a broader business measure, so it cannot be read as the change in PS5 unit shipments.
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| PlayStation measure | FY2025 Q3 | FY2024 Q3 | Year-over-year change |
|---|---|---|---|
| PS5 hardware shipments | 8.0 million | 9.5 million | Down about 15.8% |
| G&NS segment sales | ¥1,613.587 billion | ¥1,682.330 billion | Down about 4.1% |
The hardware totals and segment figures come from Sony’s FY25.3Q Supplemental Information. The segment number is not directly comparable with Sony Group’s consolidated sales because the two figures cover different reporting scopes.
Engagement and services offered a counterpoint
PlayStation had 132 million monthly active users at the end of the December 2025 quarter, 2% more than at the same point a year earlier. Total PlayStation playtime in the quarter increased 0.4% year over year. Those indicators suggest that the hardware shipment decline did not coincide with a comparable fall in the reported user base or playtime, though they measure different things from console sales.
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Sony management also said PlayStation Store software revenue reached a quarterly record and that PlayStation Plus significantly contributed to results as users continued shifting to higher service tiers. The statements describe management’s account of the quarter, not an independently established breakdown of what caused the financial changes. Sony’s supplemental information provides user metrics, while its FY25.3Q speech transcript records management’s comments.
How Sony explained the hardware decline
Sony management said console hardware market conditions during the year-end selling season were more challenging than expected, and described PS5 unit sales as decreasing moderately in the latter half of the console cycle. Hiroki Totoki, Sony’s Representative Corporate Executive Officer, said the company had “steadily expand[ed]” the PS5 installed base in line with its original plan and exceeded 92 million units on a cumulative sell-in basis at the time of the earnings presentation.
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That is Sony’s explanation and characterization; the reported figures alone do not establish a broader cause for the shipment decline. The sell-in distinction also matters: cumulative units shipped into the channel are not the same as units bought by players.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What changed in Sony’s later results
By October 8, 2026, Sony had published results for FY2026 Q1, covering April–June 2026. Consolidated sales were ¥2,837.771 billion, up 8.2% year over year, and net income attributable to stockholders was ¥342.161 billion, up 32.1%. Those later company-wide figures are for a different quarter and should not be blended with the FY2025 Q3 PlayStation shipment comparison.
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Sony Interactive Entertainment reported more than 95 million cumulative PS5 hardware units sold on a sell-in basis worldwide as of June 30, 2026, and 125 million PlayStation monthly active users as of that date. The 125 million user figure is specific to June 2026; it does not replace or directly contradict the 132 million reported at the end of December 2025 because the measurements refer to different periods. See Sony’s FY2026 Q1 consolidated financial summary and Business Data & Sales.
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