Trending Now - Sony Posts Higher Q4 Revenue but Lower Profit, Eyes Record Year Ahead
WHO:
CNBC - Japanese entertainment giant Sony
WHAT:
CNBC - Sony reported Q4 revenue of $19.4 billion, exceeding the estimated $18.4 billion.
CNBC - Sony's operating profit for Q4 was approximately $1.06 billion, below the estimated $1.7 billion.
ABC News Business - Sony reported a 3.4% drop in its annual profit.
ABC News Business - Sony projects a comeback to record profits for the current fiscal year.
CNBC - Sony forecasts a net profit for FY 2027 to rise 13% to approximately $7.4 billion.
WHEN:
CNBC - FY 2027 is referenced for the profit forecast.
WHY:
CNBC - Sony expects annual profit to rise due to revenue from some business segments.
(UPDATED May 8, 2026 11:20 UTC)
Sony has reported a fourth-quarter revenue of $19.4 billion, surpassing expectations of $18.4 billion, although its operating profit came in at approximately $1.06 billion, falling short of the estimated $1.7 billion. The company also noted a 3.4% decline in its annual profit but is optimistic about a rebound, projecting a net profit for fiscal year 2027 to increase by 13% to around $7.4 billion. This anticipated growth is attributed to expected revenue boosts from various business segments.