Key Takeaways
1. The PlayStation 5 has surpassed the PlayStation 4 in monthly active players for the first time since its launch in 2020.
2. Combined monthly active users on PS5 and PS4 reached 124 million, up from 97 million the previous year.
3. The PS5 showed a 21% increase in content spending, 63% rise in services, and 27% jump in peripheral sales compared to the PS4.
4. PlayStation Plus subscribers for the Premium and Extra tiers increased to 38% despite previous price hikes.
5. Total gameplay hours in FY24 reached 51 billion, marking a 14% increase from FY22, indicating higher user engagement.
Sony Interactive Entertainment recently held its annual earnings meeting, where they announced a major growth achievement for the PlayStation 5. For the first time since its launch in 2020, the PS5 has surpassed the PS4 in terms of monthly players. Sony is confident that these users are very engaged and spending more on games and services. The total count of monthly active players has also seen a notable rise compared to the previous year.
Key Growth Metrics
During the meeting, key figures like Hideaki Nishino (President and CEO), Hermen Hulst (CEO of Studio Business Group), and Lynn Azar (SVP of Finance and Corporate Development) presented slides illustrating robust growth and console achievements. As of March 31, 2025, the combined monthly active users on both PS5 and PS4 reached 124 million, which marks a significant increase from last year’s 97 million. Notably, the PS5 has taken the lead in monthly active users for the first time since it was launched, outpacing the PS4.
User Engagement Insights
Although Sony didn’t disclose the specific monthly active user numbers for the PS5, the presented graphics indicated that the new console captured a large portion of the user base. Additionally, the spending per console showed positive trends for the PS5, with a 21% increase in content spending, a 63% rise in services, and a 27% jump in peripheral sales compared to the PS4.
The CEO also addressed the pricing of PlayStation Plus, noting that despite previous price hikes, the number of Premium and Extra tier subscribers has risen to 38%. In light of this growth, the company plans to continue enhancing value and adjusting prices to optimize profitability.
Increased Engagement in FY24
Moreover, it appears that users were more engaged with PlayStation in FY24 compared to both 2023 (FY22) and 2024 (FY23), as the total gameplay hours reached 51 billion, reflecting a 14% increase from FY22.
This reflects a positive trend for Sony’s Game & Network Service (G&NS) segment and points towards a bright future for the PlayStation ecosystem.
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