PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4. Sony reports stable sales and a modest increase in operating income for its Games & Network Services segment, impacted by lower PlayStation 5 unit sales.
Sony has released its full-year financial results, reporting stable sales and a modest increase in operating income for its Games & Network Services segment (G&NS). However, performance in this segment was affected by a 41.6% decline in Q4 operating income and lower PlayStation 5 unit sales for the year. Sony also recorded a ¥120.1 billion ($765 million) impairment related to Bungie after its title portfolio – which includes Destiny 2 and Marathon – did not meet expectations.
For the full year ending March 31, 2026, Sony saw net sales of ¥12.5 trillion ($79.7 billion) and operating income of ¥1.4 trillion ($8.9 billion), with Game & Network Services net sales at ¥4.7 trillion ($29.9 billion) and operating income at ¥463.3 billion ($2.9 billion). In Q4 alone, net sales were ¥3.03 trillion ($19.3 billion) and operating income was ¥163.5 billion ($1.04 billion), with Game & Network Services net sales at ¥1.02 trillion ($6.5 billion) and operating income at ¥54.1 billion ($345.1 million).
Despite the impairment loss from Bungie, Sony's G&NS segment saw non-first-party software sales increase, reaching a record high in operating income, driven by higher sales and favorable foreign exchange rates.
