Sony confirms next-gen PlayStation development is on track

Sony has officially addressed the future of its hardware, confirming that development of its next-generation console—the successor to the PlayStation 5—is currently “progressing as scheduled.” According to reporting from GamesRadar+, these details emerged during the company’s FY2026 Q2 earnings call, where chief financial officer Lin Tao provided insight into the company’s long-term hardware strategy.

Looking toward the next generation

During the earnings call, Tao emphasized that Sony is placing significant importance on its upcoming platform to ensure future growth. While the company intends to increase investment in this new hardware starting in the next fiscal year, Tao noted that the focus remains on “rational” spending to maintain the overall soundness of the PlayStation business. As for when we might see the new console revealed, Sony stated that further information will be shared at an “appropriate” time in the future.

Current hardware status and supply challenges

While the company looks ahead, it is also navigating the current market landscape for the PS5. Sony reported that it moved 2.6 million PS5 units in the last quarter, bringing the lifetime total to 97.9 million. However, as noted by GamesRadar+, this sales pace is currently lagging behind the PS4 at the same point in its lifecycle.

A significant factor impacting current operations is the ongoing global RAM shortage. Tao explained that rising memory costs have been a challenge, though Sony has managed to offset these expenses through a combination of cost-reductions, pricing adjustments, and promotional strategies. Looking forward, the company has already held discussions with suppliers to secure the memory quantities required for its projected hardware sales in the coming fiscal year.

Why it matters

For players, this update confirms that Sony is actively working on the next evolution of its hardware, though it highlights the company’s cautious approach to balancing current console profitability with future investments. The acknowledgment of memory procurement challenges suggests that hardware costs will remain a key factor for the company moving forward.

Gamers should watch for how these memory supply chain strategies might impact future hardware pricing and availability. As development continues, Sony’s focus remains on sustaining the current PS5 platform while preparing for the inevitable transition to the next generation.