Destiny 2 has recently surfaced in Sony’s Q2 2025 investors call, but not for the best reasons. The game’s performance has not matched expectations, leading to financial repercussions. Sony’s CFO, Lin Tao, highlighted that Destiny 2’s sales have fallen short since acquiring its developer, Bungie, prompting Sony to record a hefty impairment loss of 31.5 billion yen, equivalent to about $204 million today.
Financial Challenges and Future Prospects
Bungie’s Destiny 2 has not met the anticipated sales and user engagement levels, impacting Sony’s projections and financial statements. Reports suggest that the competitive gaming landscape contributed to this downturn. Sony’s ambitious acquisition of Bungie in early 2022 aimed to enhance its expertise in live service games, costing a significant $3.6 billion. Analysts had previously questioned whether such an investment was justified, considering the ongoing challenges.
Despite setbacks, Destiny 2 plans to rejuvenate its appeal with an upcoming expansion, Renegades, hitting the market on December 2. This Star Wars-inspired addition introduces exciting new weaponry, including lightsabers. However, the true test for Bungie might be the launch of their new project, Marathon, expected before March 2026.
Sony’s Broader Portfolio and Positive News
While Destiny 2 faces hurdles, Sony celebrates success elsewhere. Helldivers 2 has been a bright spot, performing exceptionally well across platforms, including Xbox, PlayStation 5, and PC. The game’s sales have risen significantly, offsetting some of the struggles Sony has faced with other projects. Furthermore, live service revenues constitute a significant 40% of PlayStation’s first-party earnings, despite certain setbacks.
Sony’s Q2 2025 financial update also revealed impressive numbers for its hardware and game sales. PS5 shipments have soared to 84.2 million units, while the game Ghost of Yōtei impressively sold over 3.3 million units within its first month.