Sensor and stabilization
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Sensor and stabilization

The S5 uses the same 24MP sensor as the S1 and S1H, with no anti-aliasing filter. It's a dual-gain chip, which Panasonic describes as having 'Automatic Dual Native ISO.' As with the S1, Nikon Z6 and Sony a7 III, this means it switches to a higher gain readout mode (with less read noise) for its higher ISO modes. Unlike the S1H, you can't choose which gain mode to use for the ISOs around the switching point.

Like the S1, the S5 features a 5-axis in-body image stabilization system rated as giving 5 stops of correction, and this system can work collaboratively with in-lens stabilization systems to provide 6.5EV of correction with 'Dual IS 2' lenses.

The S5 can shoot at up to 5 frames per second with continuous autofocus or 7 fps with just a single AF acquisition.