God of War: Ragnarok is reportedly the highest-earning PlayStation Studios game this generation, but Marvel's Spider-Man 2 isn't far behind

God of War: Ragnarok has emerged as the highest-earning PlayStation Studios game this generation, according to a recent report. Despite not topping the full list of top 10 games, its impressive performance should set the stage for the series' upcoming title, God of War: Laufey. The game reportedly sold 20 million copies and generated $1.4 billion in revenue since its PS5 release, with 27.5% of those sales coming from physical editions.

Furthermore, the game might have even sold an additional 1.1 million copies in the current fiscal year alone.

In a surprising turn of events, Marvel's Spider-Man 2 secured a close second place, earning $1.3 billion from 19.1 million copies sold across PS5 and PC. The upcoming surge in sales is expected as sales typically spike during holiday months. The report indicates that the Spider-Man sequel could experience an even bigger sales boost due to the film 'Spider-Man: Brand New Day' releasing recently.

Other notable games in the top 10 include Gran Turismo 7 ($841m), Helldivers 2 ($786m), Horizon: Forbidden West ($485m), Ghost of Tsushima ($410m), The Last of Us Part 1 ($341m), Ratchet and Clank: Rift Apart ($334m), Stellar Blade ($316m), and Astro Bot ($292m). It is worth mentioning that Helldivers 2 and Stellar Blade were developed by non-PlayStation studios, yet the publisher still handled their release.

Ghost of Tsushima's performance is especially impressive considering its year-long existence without the benefit of a PC port, which many of its PS5 counterparts enjoyed.

Despite the success of several Sony-developed games, recent layoffs at Sucker Punch prompted the cancellation of physical disc releases for PlayStation. Analyst Rhys Elliott believes that the bottom five games in the list made a combined $281.7 million this year, highlighting the potential benefits of digital sales for both publishers and the console manufacturer.