Sony Announces Global PS5 Price Increases Starting April 2026

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Sony is raising prices on all PlayStation 5 models worldwide starting April 2, 2026. The base and digital PS5 consoles will each cost €100 more, while the PS5 Pro sees a €150 increase. The company points to “continued pressures in the global economic landscape” as the driving factor behind this move.

What players pay now

  • PS5: €649.99 (up from €549.99)
  • PS5 Digital Edition: €599.99 (up from €499.99)
  • PS5 Pro: €899.99 (up from €799.99)
  • PS Portal: €249.99 (up from €219.99)

These price changes will affect Europe, the US, UK, and Japan. While the Japan-exclusive digital PS5’s status remains uncertain, all other models are confirmed for the hike. SIE vice president Isabelle Tomatis says this adjustment is essential to continue delivering “innovative, high-quality gaming experiences” to players.

Why this matters

This marks the second significant PS5 price increase in two years. Sony raised prices last April in Europe, the UK, Australia, and New Zealand. Now, every major market faces higher costs, and the PS5 Pro finally joins the price hike. If you were hoping for a discount, that opportunity has just closed.

Component shortages are hitting hard. Sony shipped 8 million PS5 units during the 2024 holiday season-a 15.7% drop compared to the previous year. The same memory shortages are delaying new hardware from Valve (Steam Deck OLED, Steam Frame VR) and forcing Nintendo to reconsider Switch 2 production plans. If you want a next-gen console, expect higher prices and tighter availability for the foreseeable future.

Competitive landscape

Nintendo hasn’t raised Switch 2 prices yet, but president Shuntaro Furukawa warns that could change if memory costs continue rising. In the US, digital Switch 2 games will be cheaper than physical copies, reflecting lower distribution expenses. Meanwhile, Valve remains stuck waiting on components for its next-gen Steam hardware. The entire industry is feeling the pinch.

Speculation: With the PS5 Pro now close to €900, Sony is betting players will pay a premium for top-tier specs. But if memory prices stay elevated, expect further delays or price hikes for the next generation-potentially pushing the PS6 launch to 2028 or beyond.

The bottom line

  • PS5 and PS5 Pro prices rise globally starting April 2026.
  • Component shortages mean hardware prices won’t drop anytime soon.
  • Waiting for a deal? Better buy now or pay more later.