Sony Won’t Raise PS5 Price — But Your Wallet Isn’t Safe

Good news and bad news, PlayStation fans. Sony has confirmed the PS5 won't get a price hike in 2026 — but the company has made it clear it intends to…

February 19, 2026
3 min read

Good news and bad news, PlayStation fans. Sony has confirmed the PS5 won’t get a price hike in 2026 — but the company has made it clear it intends to make up the difference another way: by squeezing more revenue out of the 92.2 million PS5 owners already in its ecosystem.

PS5

PS5 Pricing Strategy: What Sony Said and What It Means

During Sony’s latest earnings call, CFO Lin Tao addressed the looming impact of the global RAM shortage — the same crisis sending DRAM prices sky-high across the industry.

FactorDetail
PS5 units sold (as of Feb 2026)92.2 million
RAM supply securedThrough holiday season (Oct–Dec 2026)
PS5 hardware price changeNo hike planned for 2026
Strategy to offset costs“Monetising the installed base”
Revenue areas targetedPS Plus subscriptions, software, network services
Operating income growth+19% year-on-year despite 4% hardware sales dip
PS Plus Premium (current price)$160/year (annual subscription)

Sony CFO Lin Tao confirmed the company has already secured the minimum memory supply needed for the October–December 2026 holiday season, and plans further supplier negotiations to maintain that buffer. But the real story is what comes next.

What “Monetising the Installed Base” Actually Means for You

In plain English: Sony plans to make more money from people who already own a PS5 rather than raising the console’s sticker price. The company’s goal is to grow software and network services revenue by prioritising monetisation of the installed base — and the most obvious lever is PlayStation Plus.

Sony raised PS Plus prices in 2023, and PlayStation Plus significantly contributed to quarterly results as the shift to higher subscription tiers continued. Another hike — particularly on the Extra and Premium tiers — looks increasingly likely. Game prices creeping toward $80, tighter discounting during sales events, and more aggressive live-service pushes are also on the table.

With GTA 6 launching in November 2026 and the PS5 now nearly six years old, Sony is betting it can ride software momentum rather than hardware volume through to the PS6 — which analysts don’t expect before 2028.

According to a report, Sony’s operating income still rose 19% despite the hardware sales dip, validating the software-first pivot.

Check out our PlayStation and gaming news on TechnoSports and our PS5 games guide to make the most of what you already own.

FAQs

Will the PS5 price increase in 2026?

No — Sony has secured enough RAM supply to keep PS5 hardware prices stable through 2026.

Will PlayStation Plus get more expensive?

Very likely — Sony’s strategy of “monetising the installed base” points directly at PS Plus subscription price hikes.

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