Sony Pictures Entertainment’s operating income for its fiscal first quarter (the three months ending June 30, 2026) was up 21 percent to $154 million from the comparable period a year before, with Q1 sales down 13 percent to $1.98 billion year-on-year.
SPE comprises the motion pictures division, television productions and media networks.
The motion pictures unit (which includes movie sales from theatrical, home entertainment and television/streaming) saw Q1 revenue fall 13 percent to $645 million from $742 million from a year ago, the drop attributable to lower revenues from theatrical in the period. SPE released only one theatrical movie in North America in the period, the Nate Bargatze comedy The Breadwinner. In the same period the year before SPE released four films — Until Dawn, 28 Years Later, Karate Kid: Legends and Materialists.
SPE’s overall increase in profitability for the quarter is also partly down to the decreased marketing costs due to the reduced number of theatrical releases.
SPE’s TV unit saw Q1 revenue reach $571 million, down 32 percent from $841 million in the same period a year earlier. The large drop in the TV unit’s revenue is down to the decreased delieveries of series in the period. SPE’s major streaming television productions from the period included the latest seasons of Amazon Prime Video’s The Boys, Starz’s Outlander and Apple TV’s For All Mankind and Star City. Broadcast staples Jeopardy! and Wheel of Fortune, and their various spinoffs, as well as ABC’s Shark Tank added to the TV unit’s revenues.
