Sony FY2020 Results - PS5: 7.8m LTD, PS4: 5.8m

the-pi-guy · Apr 28, 2021, 06:45 AM

Quote from: ArmGunar*The US Dollar figures have been converted from Japanese Yen with exchange rate provided in Sony fiscal reports
Source 1 / Source 2

Disclaimer :
[LIST=1]
I put a lot of placeholder numbers to save time
At first, only numbers from Highlights & FY20 Results are correct and updated with info from Sony
If there is no graph or table attached to informations posted from FY20 Results onward, so it's placeholder numbers
If there is a graph or table attached, then numbers are correct !

Thread under construction !

A lot of graphs and tables will be added within minutes, stay tuned

You will also find a full retrospective of PlayStation during FY2020

Upcoming updates for the thread :
FY20 Results :
~~Sales Breakdown for the Year (Graph x3)~~
~~Hardware shipments during launch quarter (Graph)~~
~~Hardware shipments comparison (Graph) PS4 vs PS1 vs Wii vs PS2~~
~~PS4/PS5 Yearly Software Sales - Physical/Digital split (Graph)~~
~~PS4/PS5 Quarterly Software Sales - Physical/Digital split (Graph)~~
~~PS4/PS5 Yearly Software Sales - 1st/3rd party split (Graph)~~
~~PS Plus & Digital Ratio evolution (Graph)~~
Quarterly Physical Software Sales on PS4/PS5 + Sony's Average Gross Profit (Graph)
Quarterly Digital Software Sales on PS4/PS5 + Average Price of a Game bought (Graph)
Quarterly Average Player Spending on PlayStation Network (Graph)
Q4 FY20 Results :
Results for the Quarter (Table)
Sales Breakdown for the Quarter (Graph x2)
Top 5 Biggest Revenue during a non-Holiday Quarter (Graph)
FY21 Forecast :
FY21 Forecast (Table)
Retrospective PlayStation during FY2020 :
PlayStation Yearly Revenue & Operating Profit [FY13-20] + FY21 Forecast (Graph)
PlayStation Yearly Revenue + Sales Breakdown [FY15-20] (Graph)
PlayStation Yearly Revenue [FY95-20] + FY21 Forecast (Graph)
PlayStation Yearly Op. Profit [FY95-20] + FY21 Forecast (Graph)
PS4/PS5 Yearly Hardware/Software sell-in (Graph)
Yearly Total Player Spending on PlayStation Network (Graph)
Yearly Hardware Sales and Yearly Software Sales on PlayStation consoles [FY95-20] (Graph)
Sony Group Corp. Results including tables & graphs

Major records broken / milestones reached this quarter or fiscal year by PlayStation :
(most of these below have a dedicated graph later in the thread)
PlayStation reached an all-time high of 25.04B Revenue during FY2020 and set a new record for the industry
Previous record was Sony FY18 with $20.84B Revenue
The second time PlayStation broke the $20B barrier
Only PlayStation ever generated more than $18.5B Revenue during a fiscal year, let alone $20B
PlayStation reached an all-time high of $6.24B Revenue during Q4, a new record for the industry
Previous biggest Q4 Revenue was Sony Q4 FY18 with ¥498.1bn (= $4.52B)
A jump by +27.3% from previous biggest Q4 Revenue
First time, any platform holder ever reached $5 Billion and $6 Billion Revenue during Jan-March
Biggest Revenue ever for PlayStation (and for any platform holder) during a non-Holiday quarter (non-Q3)
PlayStation generated $3.23B Profits in FY20, a new record for them (despite the launch of a new hardware)
First time, they broke the $3B barrier
Previous most profitable year was FY18 with $2.81B Profits
PlayStation 5 sold-in 3.3m units (LTD: 7.8m) and is now the most sold console during its first fiscal year
Beating PS4's 7.6m units in its launch fiscal year, previous record holder
PlayStation 4 is now the console which has sold the most games in video game history, with at least 1.577B games sold
Surpassing PS2's 1.537B games sold, previous record holder
PlayStation Platforms sold more than 337m games in FY20, the highest yearly software sales in PlayStation ecosystem
Previous record was FY18 with 287.9m games sold
PlayStation Network reached an all-time high of $17.32B Revenue in FY20 (+36.4% YoY)
Previous record was $12.88B Revenue in FY18
PlayStation Network reached an all-time high of $4.04B Revenue in Q4 FY20 (Jan-Mar 2021) ; +23.7% YoY
Previous Q4 record was $3.27B Revenue in Q4 FY18 (Jan-Mar 2019)
PlayStation Software & Services reached an all-time high of $18.62B Revenue in FY20 (+34.9% YoY)
Previous record was $14.61B Revenue in FY18
PlayStation Software & Services reached an all-time high of $4.19B Revenue in Q4 FY20 (Jan-Mar) ; +21.0% YoY
Previous Q4 record was $3.57B Revenue in Q4 FY18 (Jan-Mar 2019)

Highlights :
FY20 : Over $25.04B Revenue and $3.23B Profit between April 2020 - March 2021
Biggest Yearly Revenue for PlayStation (and for any platform holder) in video game history
Top 3 biggest Yearly Revenue ever:
[LIST=1]
Sony FY20
Sony FY18
Sony FY19
To show how big Revenue are, FY20 Revenue are higher than :
Revenue from the entire PS1 generation [FY95-99]
Revenue from the 2nd half cycle of PS3 gen [FY10-12]
Revenue of FY13 and FY14 combined
Best Operating Profit ever for PlayStation
To show how big these Profits are, FY20 Profit are higher than :
Profit from the entire PS1 generation
Profit from the entire PS2 generation
Q4 FY20 : Over $6.24B Revenue and $0.312B Profit between January 2021 - March 2021
Biggest Revenue ever for PlayStation (and for any platform holder) during Q4
Top 3 biggest Q4 Revenue ever:
[LIST=1]
Sony Q4 FY20
Sony Q4 FY18
Sony Q4 FY17
Biggest Revenue ever for PlayStation (and for any platform holder) during a non-Holiday quarter (non-Q3)
Top 5 biggest non-Q3 Revenue ever:
[LIST=1]
Sony Q4 FY20 (Jan-Mar 2021)
Sony Q1 FY20 (April-June 2020 - FF7R/TLOU Part II)
Sony Q2 FY18 (July-Sept 2018 - Spider-Man)
Sony Q2 FY20 (July-Sept 2020 - Ghost of Tsushima)
Sony Q4 FY18 (Jan-Mar 2019)
3rd best Operating Profit ever for PlayStation during Q4
Hardware :
PS5 : 3.3m in Q4 FY20 / LTD: 7.8m
Biggest console launch in video game history, surpassing PS4's 4.5m units
PS4 : 1.0m in Q4 FY20 / 5.7m in FY20 / LTD: 115.9m
Software :
PS4/PS5 (FY20) : 337m games sold
including 58.4m Sony-published games (vs 43.4m - FY19)
17.3% of total games sold this Q3 (vs 19.6% - FY19)
PS4/PS5 (Q4 FY20) : 61.4m games sold
including 7.9m Sony-published games (vs 9.1m - Q4 FY19)
12.9% of total games sold this Q3 (vs 19.6% - Q4 FY19)
Software digital ratio : 68% in Q4
PlayStation Store had its biggest Revenue ever during FY20 with more than $13.71B (+44.0% YoY)
including Digital Software & Add-on content
PlayStation Software & Services saw their biggest Revenue ever during FY20 with more than $18.62B (+34.9% YoY)
including Physical / Digital Software & Add-on content / Services
109m MAU (monthly active users)
109m active users each spent about $120.26 on average on PS Store in FY20
It includes Digital Software + Add-on but no Services revenue
That average spending grew +44.0% YoY
Biggest yearly average spending per active user ever recorded on PS Store
FY2021 Forecast:
$27.10B Revenue & $3.04B Profit... it would be:
3rd biggest Revenue for PlayStation (and for any platform holder) in video game history
3rd best Operating Profit ever for PlayStation

Placeholder for Sony Corp. results (will do it after PlayStation results are done)

Spoiler for "PLACEHOLDER":
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Gaming Division - FY2020 Results (April 2020 - March 2021) :

Gaming Revenue : ¥2656.3bn / $25.04B (+34.3% YoY from ¥1977.6bn / $18.19B - FY2019)
Gaming Operating Profit : ¥342.2bn / $3.23B (+43.5% YoY from ¥238.4bn / $2.19B - FY2019)
Best Revenue ever for PlayStation (and for any platform holder)
Best Operating Profit ever for PlayStation
On a constant currency basis, Revenue increased +40.7% YoY and Op. Profit increased +32.4% YoY

This year, the Gaming Division accounts for :
29.5% of Sony total Sales/Revenue (vs 23.9% - FY19)
32.3% of Sony total Operating Profit (vs 26.4% - FY19)

Hardware
PS4 : 5.7m (LTD: 115.9m)
PS5 : 7.8m LTD

Software
PS4/PS5 : 337m (up from 268.7m - FY19)
[INDENT=3]including 58.4m Sony-published games (up from 43.3m - FY19)[/INDENT]
[INDENT=3]accounting for 17.2% of total games sold (up from 16.1% - FY19)[/INDENT]
Digital ratio : 65% (up from 55% - FY19)
During this year, more than 10.80 PS4/PS5 games have been sold each second in the world (= 933k games sold each day)
More than 572 000 digital PS4/PS5 games have been sold-through each day on average on the PlayStation Store during FY20 (= 6.63 digital games sold each second)
PlayStation Plus
Subscribers : 47.6m (up from 41.5m - Q4 FY19)
All-time high number of PS+ subscribers
+6.1m subs year-on-year

Revenue Breakdown (FY20)
Hardware Revenue reached ¥517.8bn / $4.88B (+39.2% YoY)
FY14 was the last time Hardware Revenue increased
Physical Software Revenue reached ¥137.9bn / $1.30B (+18.4% YoY)
Digital Software + Add-on Revenue (PS Store) reached an all-time high of ¥1454.7bn / $13.71B (+44.0% YoY)
Biggest yearly revenue PS Store ever recorded
First time, PS Store crossed $10B+ Revenue
Previous biggest PS Store Revenue was FY18 with ¥1102.2 / $9.94B
Services Revenue reached an all-time high of ¥383.0bn / $3.61B (+13.5% YoY)
Biggest yearly revenue ever generated by Services
Others Revenue (PSVR, controllers...) increased to ¥162.9bn / $1.54B (+15.1% YoY)

PS5 surpassed 7.8m units sold-in and has the biggest launch during its first 2 quarters

For its 30th quarter on the market, PS4 reached 115.9m units sold-in LTD
(pending, will do it later)

Here is below the Yearly Software Sales on PS4/PS5 since FY16 (including the physical/digital split)
PlayStation ecosystem sold more than 337m games in FY20, a record for them
PS4 has likely surpassed 300m games sold in FY20, a new all-time high for the industry
This is the 2nd year in a row that digital games sold more than physical games
Digital games surpassed 200m units sold for the first time in FY20

This is the Quarterly Software Sales on PS4/PS5 since FY16 (including the physical/digital split)
This is the 5th quarter in a row that digital games have sold more than physical games

Now, here is the Yearly Software Sales on PS4/PS5 since FY18 (including 1st/3rd party split)
With more than 58.7m first-party games in FY20, that's likely the highest amount Sony ever sold in a single year

You can take a look at the evolution of PS Plus subscribers and Software digital ratio over years
All-time high number of PS+ subscribers
+6.1m subs year-on-year

Here is now the Quarterly Physical Software Sales on PS4/PS5 since FY16 (from April 2016 onward)
Including : Sony's average gross profit per physical copy sold

This is the Quarterly Digital Software Sales on PS4/PS5 since FY2019 (from April 2019 onward)
Including : Average Price of a Game bought on PS Store

Next is the Quarterly Average Player Spending on PlayStation Network

--------------------- From this point forward, this is placeholders numbers/informations ---------------------

Gaming Division - Q4 FY2020 Results (January 2021 - March 2021) :

Gaming Revenue : ¥634bn / $6.10B (+% YoY from ¥433.6bn / $3.98B - Q4 FY2019)
Gaming Operating Profit : ¥30.8bn / $0.297B (+% YoY from ¥46.2bn / $0.423B - Q4 FY2019)
Best Revenue ever for PlayStation (and for any platform holder) during Q4
Best Revenue ever for PlayStation (and for any platform holder) during a non-Holiday quarter (non-Q3)
3rd best Operating Profit ever for PlayStation during Q4
This quarter, the Gaming Division accounts for :
% of Sony total Sales/Revenue (vs 24.8% - Q4 FY19)
% of Sony total Operating Profit (vs 31.6% - Q4 FY19)

Hardware
PS4 : 0.9m (LTD: 115.8m)
PS5 : 3.1m (LTD: 7.7m)

Software
PS4/PS5 : 65.6m (up from 64.9m - Q4 FY19)
[INDENT=3]including 9.8m Sony-published games (up from 9.1m - Q4 FY19)[/INDENT]
[INDENT=3]accounting for 14.5% of total games sold (up from 14.0% - Q4 FY19)[/INDENT]
Digital ratio : 60%

Revenue Breakdown (Q4 FY20)
Hardware Revenue reached ¥150bn / $1.54B (+272% YoY)
Biggest Hardware Revenue during Q4 since at least Q4 FY14 (Jan-Mar 2015) [no data before]
Physical Software Revenue increased to ¥22bn / $0.212B (+8.1% YoY)
Digital Software + Add-on Revenue (PS Store) reached a new high of ¥325bn / $3.13B (+23.8% YoY)
Biggest Q4 Revenue PS Store ever recorded
First time, PS Store crossed $3B+ Revenue in Q4
Services Revenue reached an all-time high of ¥97bn / $0.933B (+15.8% YoY)
Biggest quarterly revenue ever generated by Services
Others Revenue (PSVR, controllers...) increased to ¥30bn / $0.288B (+25.1% YoY)

Here is the Top 5 Biggest Revenue during a non-Holiday Quarter (non-Q3)
This Q4 FY20 achieved the biggest Revenue ever during a non-Holiday quarter for any platform holder
Beating Sony Q1 FY20, the previous record holder

Gaming Division - FY2021 Forecast (April 2021 - March 2022) :

Gaming Revenue : ¥2300bn / $21.70B (-12.5% from ¥2630bn / $24.91B - FY2020)
Gaming Operating Profit : ¥250bn / $2.36B (-26.5% from ¥340bn / $3.22B - FY2020)

If forecasts are reached, it would be :
3rd Best Revenue for PlayStation (and for any platform holder) in video game history
3rd Best Operating Profit ever for PlayStation

Retrospective PlayStation during FY20

PlayStation Yearly Revenue & Operating Profit
I added Revenue in USD to give you an idea of what Revenue in JPY mean (therefore if Revenue USD don't follow the same growth than Revenue JPY, it's because of exchange rates)
FY20 is now the biggest year ever for PlayStationwith over :
$24.91B Revenue (+33.0% YoY)
$3.22B Op. Profit (+42.6% YoY)

PlayStation Yearly Revenue & Sales Breakdown (FY15 - FY20)

PlayStation Yearly Revenue from FY95 to FY20

PlayStation Yearly Op. Profit from FY95 to FY20

PS4/PS5 Yearly Hardware & Software Sell-in
For the first time, PlayStation ecosystem sold more than 300m games in one single year
PS4 likely broke the record for the biggest yearly software sales for one single system with more than 300m games sold

PlayStation Network Yearly Revenue
PlayStation Network generated an all-time high Revenue with over $17.34B in FY20 (+35.9% YoY) thanks to :
PlayStation Store ($13.73B ; +43.5% YoY) through Games and Add-on content (MTX, DLC, etc...) purchases
PS Services ($3.62B ; +13.3% YoY) with PS+ and PS Now
In FY20 :
114 million active users each spent ~ $113.89 on average on the PlayStation Store*
about 50m PS+/PS Now subscribers spent ~ $5.95/month on average ($71.34/year)**
*calculated by the following formula : "Yearly Total Spending on PS Store" / "MAU at the end of the year"
**calculated by the following formula : "Yearly Services Revenue" / "Amount of PS+ & PS Now subscribers at the end of the year"

Yearly Hardware Sales & Software Sales on PlayStation consoles since 1994

Summary since PS4 release

Previous threads :
Q3 FY20, Q2 FY20, Q1 F2020
FY2019, Q3 FY2019, Q2 FY2019, Q1 FY2019
FY2018, Q3 FY2018, Q2 FY2018, Q1 FY2018

the-pi-guy · Apr 28, 2021, 07:01 AM

A few highlights:

- PS5 7.8m vs PS4 7.6m for the same launch time frame
- PS4 now the best selling games platform with 1.577B games sold
- FY20 profit higher than entire PS1 or PS2 gens.
- 337m games sold including 58.4m Sony-published games (vs 43.4m - FY19)

Xevross · Apr 28, 2021, 07:19 AM

Absolutely insane results, +66% revenue compared to Xbox. Record $3.2B profits DURING a console launch year, fudgy nuts.

And yeah profit being higher than the total PS2 gen tells it all, profits for games companies right now are crazy. It makes the price rise sting a bit more tbh, it wasn't necessary at all

And PS5 is the fastest selling console ever, now just outpacing PS4 by 0.2m.

Xevross · Apr 28, 2021, 07:23 AM

Oh yeah of course, PS4 now has the record for most games sold of any console. Beating PS2 with 40 million fewer consoles sold and some years of sales still to go. Crazy.

the-pi-guy · Apr 28, 2021, 11:13 AM

Sony expects this year to surpass last year for game sales

2020:
The Last of Us 2
Ghost of Tsushima
Demon's Souls
Spiderman: MM
Sackboy

2021:
Ratchet and Clank
Horizon
Returnal

It seems likely that there is at least another title or two by March.

Dr. Pezus · Apr 28, 2021, 12:06 PM

Did they not give a ps5 forecast?

I hope ps4 can eventually reach 120m

But that's crazy numbers!

Legend · Apr 28, 2021, 01:20 PM

So long red ocean. Now they make more during a system launch!?!?

Xevross · Apr 28, 2021, 01:38 PM

Quote from: Dr. Pezus on Apr 28, 2021, 12:06 PMDid they not give a ps5 forecast?

I hope ps4 can eventually reach 120m

But that's crazy numbers!

Their 'forecast' was PS5 will at least match PS4's first full fiscal year (14.8M) - so I guess the forecast is over 22.6M shipped by end of next March.

the-pi-guy · Apr 28, 2021, 02:19 PM

I can't find the exact line, but apparently SIE is looking to invest an additional ~$183.5 million for expanding their studios.

sauce

QuoteThe house of PlayStation also plans to increase the number of development personnel in its first-party studios by approximately 20 billion yen year-on-year as the software production capability will be further strengthened.

BananaKing · Apr 28, 2021, 03:57 PM

Quote from: the-Pi-guy on Apr 28, 2021, 11:13 AMSony expects this year to surpass last year for game sales

2020:
The Last of Us 2
Ghost of Tsushima
Demon's Souls
Spiderman: MM
Sackboy

2021:
Ratchet and Clank
Horizon
Returnal

It seems likely that there is at least another title or two by March.

We know Horizon and GoW are slated for this year.

I know everyone took it for granted that GoW was delayed. But its still officially slated for this year.

With horizon in September and GoW in octobor/November first party sales will be huge.

Quote from: Legend on Apr 28, 2021, 01:20 PMSo long red ocean. Now they make more during a system launch!?!?

I dont think you understand what red ocean means. If anything this current climate is the most "red ocean" Sony has ever been in.

Legend · Apr 28, 2021, 04:07 PM

Quote from: BananaKing on Apr 28, 2021, 03:57 PMWe know Horizon and GoW are slated for this year.

I know everyone took it for granted that GoW was delayed. But its still officially slated for this year.

With horizon in September and GoW in octobor/November first party sales will be huge.
I dont think you understand what red ocean means. If anything this current climate is the most "red ocean" Sony has ever been in.

Red ocean is where you lose money up front in order to make more later on. PS3 was peak red ocean. PS4 and now PS5 are trying to make a profit all gen long.

kitler53 · Apr 28, 2021, 04:44 PM

Quote from: Legend on Apr 28, 2021, 04:07 PMRed ocean is where you lose money up front in order to make more later on. PS3 was peak red ocean. PS4 and now PS5 are trying to make a profit all gen long.

red ocean is when you compete for the largest share of the existing market.

blue ocean is when you try to create or expand a market. wii was blue ocean because it convinced people like my mom to buy one. it was her first (and last) game console.

what you are describing is "loss-lead strategy".

Legend · Apr 28, 2021, 07:44 PM

Quote from: kitler53 on Apr 28, 2021, 04:44 PM

red ocean is when you compete for the largest share of the existing market.

blue ocean is when you try to create or expand a market. wii was blue ocean because it convinced people like my mom to buy one. it was her first (and last) game console.

what you are describing is "loss-lead strategy".

Dang nabbit you too are right.

This isn't the first time I've got red ocean wrong, and it will not be the last!

SWORDF1SH · Apr 28, 2021, 09:07 PM

And yellow ocean is... actually you don't want to know what yellow ocean means.

BananaKing · Apr 28, 2021, 11:35 PM

Quote from: SWORDF1SH on Apr 28, 2021, 09:07 PMAnd yellow ocean is... actually you don't want to know what yellow ocean means.