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In the most recent financial report to investors for Q2 FY2025, Sony gave a surprisingly clear have a look at the state of its gaming enterprise. Xbox was even talked about by title, which remains to be a rarity in these updates. Sony’s full-year steerage stays regular regardless of a number of headwinds. Sales are actually forecast to rise 3% to round $29.8 billion, pushed “primarily due to the impact of foreign exchange rates”.
Operating revenue additionally stays at roughly $3.3 billion even after Sony absorbed a $200 million tariff hit this quarter. Sony highlighted the continued well being of the PlayStation ecosystem. Monthly energetic customers climbed 3% year-on-year to 119 million, and complete playtime elevated 1% throughout the quarter.
Helldivers 2 launched on Xbox on August 26, 2025, and early estimates confirmed simply how sturdy that launch was. A report steered it sold more than 900,000 units in its first six days on the platform. For comparison, its original PlayStation launch was estimated at around 633,000 units in the same six-day window.
The momentum continued well beyond week one. Helldivers 2 charted in the Xbox most-played charts throughout September and October, which showed that interest did not slow down after the initial burst. It became clear that the game had found a large new audience on Xbox and that the cross-platform move was paying off.
Sony confirmed this in its Q2 FY2025 report. It said:
Helldiver 2, which was also released for Xbox in August of this year, is doing extremely well, not only attracting new users on Xbox, but also seeing increased engagement from existing users on PS5 and PC. This resulted in a significant increase in sales of the title year-on-year.
Sony Q2 FY2025
The wording suggests Sony may not have expected such strong performance on competing hardware. It also raises questions about how Sony might approach future releases. With Microsoft preparing an Xbox-PC hybrid console, PlayStation games will already be available on the device through Steam. Releasing more of its older titles directly on Xbox Series X|S could be a logical way for Sony to capture extra revenue without risking its own platform strategy.
Bungie hasn’t been the success Sony wanted
In 2022, Sony made an all-in bet on Bungie. It acquired the studio for $3.6 billion and allowed it to remain operationally independent. However, in May 2025, Bungie came under fire.
Marathon, its upcoming extraction shooter that already faced a mixed reception, was found to contain unauthorized use of an independent artist’s work. This led the studio to apologize and commit to a full audit of its assets. Not long after, in August this year, Sony said that Bungie’s autonomy was becoming “lighter” as integration increased.
Now, during Sony’s Q2 FY2025 briefing, it directly addressed the decline of Destiny 2’s performance. Sony stated:
Regarding Destiny 2, partially as a result of modifications within the aggressive setting, the extent of gross sales and consumer engagement haven’t reached to the expectation we had on the time of the acquisition of Bungie. While we are going to proceed to make enhancements, we downwardly revised the enterprise projection in the interim and recorded an impairment loss towards a portion of the property at Bungie
Sony Q2 FY2025
Sony’s Q2 FY2025 supplies confirmed the dimensions and supply of the monetary hit. The report lists an impairment of round $204 million USD particularly “in connection with Destiny 2,” together with an additional $118 million USD in improvement value corrections contained in the Game and Network Services section. Sony stated it recorded the impairment after Destiny 2 failed to satisfy the expectations it had when it acquired Bungie.
FAQ
Is Helldivers 2 actually selling better on Xbox than it did on PlayStation?
Early third-party estimates suggest Helldivers 2 sold more units in its first six days on Xbox than it did during the same period on PlayStation at launch. Sony has not released official numbers, but it did say the game is “doing extremely well.”
Why is Destiny 2 considered underperforming by Sony?
Sony said Destiny 2’s sales and user engagement have not met the expectations it had at the time of acquiring Bungie.
Does this mean Bungie is no longer independent?
Bungie is still operationally independent, but Sony has said its autonomy is becoming “lighter” as integration increases.
Did the Marathon asset controversy affect Sony’s financials?
Sony did not say that the Marathon incident directly influenced the impairment. However, the studio faced public criticism earlier in the year after unauthorized artwork was found in the game.
Did Sony directly confirm that Helldivers 2 is a success on Xbox?
Yes. Sony said Helldivers 2 is “doing extremely well” on Xbox, attracting new players and boosting engagement on PS5 and PC.
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