PS5 console unit sales grew 37.5% year-over-year in Sony Q1 2023

PlayStation 5 console sales have managed to grow considerably since 2022, with Sony aiming to sell 25 million units in FY 2023.


The PlayStation 5 continues to be a must-have piece of hardware for gamers, with consumers still picking up the system in the millions each quarter. Sony has reported that it sold 3.3 million units in Q1 2023, an increase of 37.5 percent compared to the same quarter in 2022.

On August 9, 2023, Sony released its Supplemental Information for the Consolidated Financial Results for its first quarter of 2023. Within this information packet, the company detailed its sales for the PlayStation 5 hardware which revealed that the company sold 3.3 million PS5 consoles in Q1 2023, this compares to the 2.4 million units sold in Q1 2022, an increase of 37.5 percent year-over-year.

In January 2023, Sony announced it surpassed 30 million units sold since the PlayStation 5 first released way back in 2020, and then in July it was announced Sony has sold 40 million units since release.

Ryan Browne and Arjun Kharpal of CNBC noted that Sony has previously stated it aims to sell 25 million units in FY 2023, so despite the increase year-over-year, the company has a bit of catching up to do. However, with the upcoming release of Marvel’s Spider-Man 2 and other high-profile games, Sony is no doubt positioning itself to hit this target.

For more information, you can check out our PS5 and Sony pages. Additionally, our Earnings report page contains news regarding how many companies have performed over their last quarter.

Guides Editor

Hailing from the land down under, Sam Chandler brings a bit of the southern hemisphere flair to his work. After bouncing round a few universities, securing a bachelor degree, and entering the video game industry, he's found his new family here at Shacknews as a Guides Editor. There's nothing he loves more than crafting a guide that will help someone. If you need help with a guide, or notice something not quite right, you can Tweet him: @SamuelChandler 

From The Chatty
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    August 9, 2023 1:30 AM

    Sam Chandler posted a new article, PS5 console unit sales grew 37.5% year-over-year in Sony Q1 2023

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      August 9, 2023 5:40 AM

      I've never been a console person but ps5 won me over. A majority of my gaming is on it now. Could also just be getting older and prefer relaxing on couch, too :P

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        August 9, 2023 5:44 AM

        I ended up going the other way, ps5 is the first one I haven't bought in ages since I get most the games I like on the PC eventually anyway.

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        August 9, 2023 9:16 AM

        I mean it's basically a PC. The controllers are sublime though.

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          August 9, 2023 12:00 PM

          ^^ the new consoles are just SFF PCs with slicker operating systems.

          "But just build a $1,500 PC and hook it up to your TV and deal with Windows 11 full-time" not a great selling point compared to a $500 box that just works.

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            August 9, 2023 12:32 PM

            Here's hoping Valve has SteamOS ready for a general release soon.

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              August 9, 2023 1:16 PM

              The benefit of consoles and their OS is the hardware is standard too

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                August 9, 2023 1:23 PM

                I mean that's why it's not out as a general release right now, but has been working fine on the Deck for over a year.

                But "luckily" PCs aren't actually that diverse these days. As long as you support Intel and AMD platforms and AMD/NVidia/Intel GPUs you're basically fine, at least for game console use.

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      August 9, 2023 11:56 AM

      Was finally able to get mine through Costco early this year. It’s a really nice rig. Came with god of war, 2 controllers, a headset and 100$ ps store bux.

      Will be even better when I can play BG3 while lounging on the couch, hopefully co-op if I can convince my gf to give it a try.

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