I get a little giddy thinking about this show’s future — 'DanMachi' has been a pretty steady performer, and that usually bodes well for dubs. From what I’ve tracked, whenever a popular light-novel-based series rolls out another season, the English dub tends to follow if the streaming/licensing partner thinks there’s money or subscriber interest to be had. That can mean anything from a few weeks for a simul-dub to several months for a home-video dub.
Realistically, the main things that decide whether season 5 will get an English voice track are licensing deals, the platform streaming it outside Japan, and sales expectations for discs and merch. If the show lands with a big global streamer or a company that already handled earlier seasons, the chances go way up. Personally, I’m hopeful — the franchise has enough fans and recognizable characters that it feels likely they’ll greenlight a dub, even if it lags behind the Japanese broadcast. I’ll be keeping an eye on official announcements and the Blu-ray release schedule; that’s usually where my inner fan starts celebrating when a dub shows up.