Sony Pictures Entertainment Q4 2025 and FY 2025 earnings

Sony Pictures Entertainment’s revenues were roughly flat for fiscal 2025, as higher sales from anime streamer Crunchyroll and the success of global blockbuster “Demon Slayer: Kimetsu no Yaiba Infinity Castle” were offset by overall lower revenue from theatrical releases.

For the year ended March 31, 2026, Sony Pictures Entertainment had revenues of JPY1.499 trillion, approximately $9.92 billion, which is essentially flat.

The studio’s biggest hit of the year was the anime film “Infinity Castle,” which grossed $741 million worldwide. However, SPE’s theatrical revenue for FY25 was $494 million, up from $900 million the year before. Television production revenues rose 12% to $3.39 billion; SPE’s Media Networks group (which includes Crunchyroll) saw revenue rise 13% to $3.17 billion. The studio’s total revenue from entertainment streaming platforms for FY25 fell 10% to $1.14 billion.

SPE’s FY25 operating profit was JPY104.9 billion ($687 million), down 11%. That included JPY27.1 billion in one-time costs due to “impairment losses on assets related to Pixomondo, which operates VFX and virtual production companies, and related closure costs.” Sony had acquired Pixomondo in October 2022.

Excluding Pixomondo costs, Sony Pictures Entertainment’s yen-based FY25 operating revenues rose approximately 13% year-over-year (and increased 11% in US dollars to approximately $858 million).

For fiscal year 2026, SPE will focus “on creating and strengthening franchises” with major releases including “Spider-Man: Brand New Day” (premiering July 31) and “Jumanji: Open World” (December 25). The company provided guidance for Sony Pictures Entertainment’s FY26 revenue growth of 9% (to JPY1.630 trillion), driven by higher expected box office revenues and paid subscriber growth at Crunchyroll, offset by lower series shipments in TV productions and lower licensing revenues from the film catalog. Operating income for the segment is expected to reach JPY145 billion, up 38% (largely due to comparison with Pixomondo costs in FY25).

In the March 2026 quarter, SPE revenues rose 14% to JPY472.9 billion. One bright spot was Sony Pictures Animation’s “GOAT,” an action comedy from producer Stephen Curry about a little goat named Will, who gets the chance to compete in the professional “roarball.” The kid-friendly film grossed $192 million at the worldwide box office (and $103 million domestically) after its release on February 13.

Overall, Sony Group reported revenue of JPY3.036 trillion (up 8%) and net profit of JPY83.1 billion (down 63%) in the most recent quarter, including the impact of Pixomondo-related costs. For the full FY25, Sony Group’s revenues rose 4% to JPY12.48 trillion, while net profit fell 3% to JPY1.03 trillion.

During the first three months of 2026, Sony’s music segment had revenues of JPY570.0 billion (+21%) and operating income of JPY132.4 billion (+58%). For fiscal 2025, revenue rose 15% to JPY2.12 trillion, led by higher revenues from streaming services in recorded music and music publishing. Operating income in Sony’s music segment rose 25% to a record high of JPY447 billion.

In Sony’s PlayStation segment, FY25 revenue was flat at JPY4.685 trillion as increases in revenue from network services and third-party game software titles were offset by a decline in hardware sales. The company reported 16.0 million PlayStation 5 console sales, up from 18.5 million in FY24. Adjusted operating profit for the twelve-month period rose 45% to a record JPY602 million, excluding a JPY120 billion impairment charge for gaming studio Bungie and JPY18.3 billion in expenses due to an “adjustment in the amount of certain previously capitalized development costs,” the company said.

Monthly active PlayStation users rose 1% year-over-year in March 2026 to approximately 125 million accounts, a record high for the fourth quarter, and total play time in the quarter also rose 1% year-over-year.