Overview
- Sony forecasts PlayStation operating income of about ¥600 billion (roughly $3.7 billion) in FY26, with return on invested capital rising to 32.2%.
- Management says OIBDA, a cash earnings measure before depreciation and amortization, will be roughly flat because spending is ramping on the next console.
- PlayStation ended FY25 with record results of about $31 billion in revenue, around $3.0–$3.1 billion in operating profit, and 125 million monthly active users.
- Sony recorded more than $700 million in impairment charges tied to Bungie assets, which pulled down reported profit despite the strong year.
- Sony is investing in its next system with AMD under Project Amethyst and expects chip and memory costs to stay high through FY27, as outside reports suggest a possible 2027 launch that the company has not confirmed.