Sony’s First-Party Slump Signals a Tough Road Ahead for PlayStation

TL;DR Summary
A data dive shows PlayStation’s first-party software sales fell from 58.4 million in FY2020 to about 29 million in FY2024, with a modest rebound to roughly 32.1 million in FY2025, hampered by a weak release slate and underperforming titles. The shift toward live-service games and the Bungie acquisition (around $3.7B) has contributed to impairment losses (~$765M) as Destiny 2 winds down and focus turns to Marathon and future projects. With Sony’s State of Play looming, analysts are watching for a slate of compelling titles to restore momentum.
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- PlayStation First-Party Game Sales Have Declined, Data Shows IGN
- Ghost Of Yotei Saved PlayStation From A Fifth Straight Year Of Declining First-Party Sales TheGamer
- PlayStation first-party game sales declined for 5 straight years Video Games Chronicle
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