In November 2025, hardware and software sales experienced a significant decline, reaching an "all-time low" according to the US Monthly Charts
According to Circana's data, both US hardware and software sales saw a sharp downturn in November 2025, setting new lows in tracked records.
Spending on gaming hardware plummeted by 27%, dropping from $949 million to $695 million. This marked the smallest November revenue since 2005 when it recorded $455 million.
With only 1.6 million units sold, last month marked the lowest November for console sales in the nation since 1995.
The PlayStation 5 topped unit sales, overtaking the Nintendo Switch 2, which had maintained the lead since its debut in June.
Third in line was the NEX Playground, followed by the Xbox Series X|S. Circana's Mat Piscatella mentioned in IGN that Xbox sales fell 70% compared to the previous year, a record low for November in the US market.
The last notable increase in Xbox sales was seen in November 2021, which experienced an 11% growth from year to year.
The PlayStation 5 and Nintendo Switch 2 (including the original Switch) witnessed sales drops of 40% and 10% respectively from the prior year.
Sales of physical games declined by 14% year-on-year, the lowest since records began in 1995.
Call of Duty: Black Ops 7 emerged as November's top-selling title, continuing the series' streak of debuting at No. 1 for 18 years in a row during its release month.
Ranked as the 7th best-selling title of the year so far, the franchise saw a significant percentage drop in sales compared to last November.
In terms of content, overall US spending saw a marginal rise of 1% from last year, reaching $4.8 billion.
Subscription-related spending increased by 16% and mobile spending improved by 2%, balancing out declines in console and PC content expenditures.
Top 20 games from November 2-29, 2025, as ranked by Circana:
| Rank | Last month rank | Title |
|---|---|---|
| 1 | NEW | Call of Duty: Black Ops 7 |
| 2 | 1 | Battlefield 6 |
| 3 | 4 | NBA 2K26 |
| 4 | 6 | Madden NFL 26 |
| 5 | 5 | EA Sports FC 26 |
| 6 | 2 | Pokemon Legends: Z-A* |
| 7 | 3 | Ghost of Yōtei |
| 8 | 12 | EA Sports College Football 26 |
| 9 | 13 | Minecraft^ |
| 10 | NEW | Kirby Air Riders* |
| 11 | NEW | Hyrule Warriors: Age of Imprisonment* |
| 12 | 7 | The Outer Worlds 2 |
| 13 | 16 | Sonic Racing: CrossWorlds |
| 14 | 24 | Donkey Kong Bananza* |
| 15 | 33 | Marvel's Spider-Man 2 |
| 16 | 20 | Red Dead Redemption 2 |
| 17 | 19 | Grand Theft Auto 5 |
| 18 | 10 | Borderlands 4 |
| 19 | 30 | Forza Horizon 5 |
| 20 | 9 | Digimon Story: Time Stranger |
*Digital sales not included for marked titles
^Digital sales on Nintendo platforms not included