Overlord is fascinating isekai anime with an overpowered main character done right, so why is there no new season so far, and will we ever get Overlord Season 5?
Without the fifth season, we will never learn if Ainz will conquer Yggdrasil’s entire world or if someone will stop him.
The only way to learn that without a new season would be to read the light novels, but after four seasons of Overlord and a movie, most people will wait and hope there will be a fifth season.
The problem is Overlord season 5 didn’t get announced yet, in 2023, and we don’t know the chances that another season of Overlord will come out.
So, how can we determine if Overlord Season 5 will get announced?
I like to examine the chances of an anime getting a new season, and I did that for hundreds of anime series over the past few years. From that, I learned the best method for that.
The method I use and is 95% accurate is to check the popularity, sales, and source material. Most of the time, that will give you enough information to tell if the anime will get another season.
I did the same for Overlord, so if you want to learn if there will be a fifth season for Overlord, you’ll love this detailed article.
Now let me give you the information I found in 3 small parts, and after that I will tell you if you should expect that Overlord Season 5 will get announced in 2023.
Let’s start with an in-depth look at the source material.
Part 1: Source Material Information For Overlord Season 5
There are a few original anime series, but most use existing source material in 2023. Most of the time, it’s either a manga, light novel, or even a mobile game.
For Overlord, the source material is the light novel.
The most important information we need to look at is how many light novels the author has written so far and if the story is ending soon.
If the story is close to ending, that could hurt the chances of continuation, like what happened to Air Gear season 2.
The second most important thing is how many light novels got used in making the first four seasons of the Overlord anime.
Maybe there won’t be source material available for years for a new season. That happened to No Game No Life season 2.
How many volumes of Overlord are there?
As of January 2023, Enterbrain has published sixteen volumes of the Overlord light novel. The first volume was released on July 30, 2012, and the latest volume, volume 16, was released on July 29, 2022.
Is the Overlord light novel finished?
As of January 2023, the Overlord light novel is still ongoing. However, the author, Kugane Maruyama, has confirmed that the series will end with volume 18.
How far is the Overlord anime in the light novel?
The Overlord anime is at volume 14. The first four seasons of the Overlord anime adapted volumes 1 to 11 and part of 14, and the Overlord movie: Holy Kingdom Arc will cover volumes 12 and 13.
Is the Overlord light novel in English?
CONCLUSION FOR SOURCE MATERIAL There is enough source material for Overlord season 5, and it should cover volumes 15 to 18. Now we know that the source material is no problem for a new season of this anime.
Part 2: Sales & Profit Information For Overlord Season 5
Overlord already got four anime seasons and a movie, so you could argue it makes money. The problem is that usually, each sequel makes less and less money.
It’s normal for a sequel to drop around 15-25% in profitability.
That’s why we need to look at how well the third and fourth seasons did in terms of profit and if there wasn’t any significant drop in profit.
Because It could mean the series is no longer profitable. A great example of that is Noragami season 3.
The most important thing to check for profit is the Blu-ray sales, merchandise numbers, and the number of figurines.
For example, Re Zero season 3 will happen because it’s a cash cow for Kadokawa, but what about Overlord season 5?
Overlord Blu-Ray sales
I don’t think Blu-ray sales matter anymore in 2023, they can certainly help, but streaming is where the money is now. Season 4 of Overlord will sell around 3,500 copies per volume, which is not bad.
Overlord Light Novel sales
The light novel sales may surprise you, but Overlord is the second best-selling light novel per volume, only behind Sword Art Online. Each book sells more than 200,000 copies.
Overlord Merchandise numbers
There is around 500 merch made for the Overlord franchise. That’s a bit low for four seasons, but not bad. Check out Overlord merchandise. There is some crazy stuff made for this series.
Overlord Figurine numbers
Around 80 figurines are available for Overlord. That is a fantastic amount. Check out Overlord figurines for yourself, especially if you like Albedo. She got some fantastic ones made for her.
CONCLUSION FOR SALES & PROFIT The profit is not a problem for Overlord season 5. This series makes plenty of money even after four seasons. We will see how the new movie will do at the Box-office in Japan.
Part 3: Popularity Information For Overlord Season 5
We are interested in how the Overlord franchise’s popularity is after the four season. That means looking at Google trends, Twitter account, copies in print, and if there is new merchandise.
If you haven’t heard, anime is now more popular than ever.
The most important information we need to look at is how the popularity is holding with fourth season at Google trends.
Demon Slayer season 3 will happen even if it loses 50% of its popularity because of how huge it is.
However that’s not the case for Overlord, while it’s popular, it’s nowhere near that level, every fan is important.
So it’s important that the interest is still good for Overlord, so the fans can get the fifth season, like JJK fans got Jujutsu Kaisen season 2.
According to Google trends, the fourth season was only 20% below season 3. The only reason Overlord season 3 was so high is that it aired right after season two. In short, Overlord is still popular series.
The official Twitter account for this franchise has 191,000 followers. Less than 200k followers after four seasons. That’s not great. Usually, a series with 100k to 300k is mid-tier popularity.
Copies in Print
Overlord has 12.000.000 copies in print as of 03/2022. The Overlord light novel is in the top 15 most sold light novels ever. It will likely reach top 10 before the series is over.
New merch is usually a great indicator of how well the series is doing. And there were three new figures announced recently. There are also new T-shirts and Key-chains to pre-order in 2023 for Overlord.
CONCLUSION FOR POPULARITY The series is still popular even after four seasons, which is evident from Google trends and new merch. Not to mention how loved the Overlord light novel is.
Will There Be Overlord Season 5
There is no reason that Overlord Season 5 shouldn’t get green-lit. The sales, popularity, and even source material are there. It would be a big surprise for me if Overlord didn’t get a new season.
So there will be Overlord season 5, and I believe it will be announced when the last volume, volume 18 of Overlord, is out. That will be most likely in late 2023, or early 2024.
I’m hoping that Madhouse will go all out for the last season. Season four was better animated than seasons two and three, but it was still inferior to the first, and Overlord deserves a spectacular send-off.
Overlord Season 5 Release Date
The fifth season of Overlord still has no release date for now. While Overlord season 5 will happen, it will likely take a few years before we can watch the last season of this anime.
So Overlord s5 it’s not coming out anytime soon. The main reason is the source material. We won’t likely get a release date or even confirmation before the last two light novels are released.
For now we have the new Overlord movie coming out in 2023. Once the last two volumes are out, we will know more. I would not expect the next season before late 2024, or more likely 2025.
I will update this again next year, and we will see if it gets officially announced by then. In the meantime, you can check info about other isekai anime sequels in the anime continue category, like: