Sony Music Revenue Up 20.8% in Fiscal Q1 on Streaming, Live Growth

Sony Music reported a 20.8% year-over-year revenue increase to ¥562 billion in its fiscal first quarter, driven by streaming growth and a sharp rise in merchandising and live revenue.
Sony Music logo on a building exterior. Sony Music logo on a building exterior.

Sony Music posted a 20.8% year-over-year revenue increase in its fiscal first quarter ended June 30, 2026, reaching 562 billion yen (US$3.51 billion), as gains in streaming, merchandising, and live activities lifted the segment.

Recorded Music and Streaming

Recorded music revenue rose 26.4% to 381 billion yen (US$2.38 billion). Streaming revenue within recorded music grew 9.7% to US$1.488 billion, while physical sales increased 14% to 30 billion yen ($180 million).

Publishing and Diversified Revenue

Music publishing revenue climbed 17.5% in yen terms to 116 billion yen ($728.2 million), with publishing streaming up 8%. Merchandising, live, and sync revenue surged 53.8%, highlighting expanding income streams beyond streaming.

Profitability

Operating income for the music segment rose 14.1% to 106 billion yen (US$660 million), and adjusted OIBDA advanced 14.8% to 134 billion yen (US$830 million).

Top-Selling Artists

Michael Jackson was the top-selling artist, with catalog consumption growing nearly fourfold following the global success of the biopic Michael. Ella Langley also delivered a standout quarter: her latest album Dandelion topped the US albums chart, and her previous record still hungover remained among Sony’s top 10 sellers.

Other major contributors included:

  • Raye
  • Bad Bunny
  • SZA
  • Luke Combs
  • Peso Pluma & Tito Double P

Full-Year Outlook

Sony raised its full-year streaming revenue forecast, citing favorable foreign exchange movements and the consolidation of Recognition Music Group.

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