Sony Pictures sales fall 13% in Q2 while music revenue climbs 21%

Sony Pictures Entertainment announced that its June-quarter revenue fell to $1.978 billion, a 13% decrease from the prior year, as television series deliveries dropped 32% and theatrical revenues slipped to $30 million from $132 million. Despite the sales dip, operating income grew 20% to $156 million, helped by a 37% rise in the PlayStation games unit’s operating profit from tariff refunds. The music segment posted a 21% revenue surge, and Crunchyroll’s subscriber base continued expanding, driving higher streaming income.

Overall, Sony’s fiscal Q1 2026 revenue reached 2.837 trillion yen ($17.8 billion), up 8%, with net income climbing 32% to 342.2 billion yen ($2.15 billion). The company noted that facilities in Kumamoto and neighboring prefectures were affected by an earthquake but reported no major casualties and minimal damage to production sites in Nagasaki, Oita and Kagoshima.