Sega Revenue is Down

Sega‘s 2024/25 fiscal year results show that the company’s year-on-year revenue has dropped by 8%. Although Sega dropped several popular games along with a hit movie during 2024, plenty of people are waiting for the company to reveal its next projects. Alongside known projects like a Jet-Set Radio revival among a batch of dormant IP comebacks, gamers are hoping that whatever unannounced Sonic and Persona games are on the way will help Sega recover.

Sega has had an interesting year, with the success of games like Persona 3: Reload and Metaphor: ReFantazio leading to a wave of hype and critical acclaim for the business. Fans are looking forward to what the next steps are for the company, as many projects are under way, including the mysterious Sega super game set for 2026. These properties could reel in a larger audience than the last few releases have, but before things get any better, Sega has had to account for some losses.

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Per Sega Sammy’s Q3/2024/25 fiscal year results presentation along with a report by Gamesindustry.biz, Sega’s revenue has gone down by 8%. The company’s net sales by the end of December 31, 2024 totaled at $2.1 billion, producing an operating income of $287.9 million, a 20.8% decrease year-on-year, and an ordinary income of $325.4 million, a 13.9% decrease year-on-year. Although Sega has experienced recent successes like Sonic The Hedgehog 3 premiering as a box office hit and its Entertainment Contents division ultimately saw an 88% increase in profit, it may take bigger swings to drive numbers back up soon.

Sega Takes an 8% Sales Hit

According to the recent report, Sega has pointed to its sale of Humankind developer Amplitude Studios as one of the main factors for this drop in revenue, with Sega Sammy recording a $40 million loss after Amplitude Studios shifted back towards being an independent company. Football Manager 2025 seems to have additionally contributed to these losses, with Sega canceling the project, recording it as a “loss associated with a write-down of inventory assets.” The cancelation of Football Manager 2025 was attributed to the player experience not meeting the company’s standards, showing that Sega has a strong vision in mind for what it wants out of its next games.

Although Sega has experienced some difficulties over the course of the recent fiscal year, projects like Sonic The Hedgehog 3 raking in $460 million worldwide are indicators that Sega isn’t in any big trouble. Additionally, fans are looking forward to future releases, with many expecting Sega and its subsidiary Atlus to announce Persona 6 soon. If the next Persona and Sonic games are anywhere near as popular as recent releases in their respective franchises have been, Sega may make that money back in no time.

Sega

Date Founded

June 3, 1960

Headquarters

Shinagawa City, Tokyo, Japan

CEO

Hajime Satomi