Sony reports $2.77b in global music revenues for Q2 2025

This year-on-year growth translates to roughly $223 million more than what the company earned during the equivalent quarter last year.

Recorded music

Sony’s recorded music segment earned $2.09 billion in calendar Q2 2025, up 8.4% year-on-year. The main driver of this growth was streaming, which brought in $1.36 billion, marking a 7.3% increase compared to the same quarter in 2024. This total includes revenue from both subscription-based and ad-supported streaming platforms.

Physical music sales also showed strong performance, reaching $180 million, up 19.0% year-on-year. Meanwhile, the ‘Other’ category – covering income from licensing (such as public performance and synchronisation), merchandising, and live performances – generated $481 million, reflecting a 3.1% increase.

Streaming remained the company’s most significant source of revenue, although all segments contributed to the overall growth.

According to Sony, the company’s top ten global recorded music projects in Q2 2025 (excluding artists signed in Japan) were Bad Bunny, SZA, Sleep Token, Tate McRae, Bad Bunny, Pink Floyd, ATEEZ, Bruce Springste, JENNIE and Miley Cyrus.

Music publishing

Sony’s music publishing arm, led by Sony Music Publishing, earned $683 million in Q2 2025, up 9.9% from the previous year. Streaming revenues within publishing accounted for an estimated $392 million, a rise of 8.0% year-on-year.

Sony also reported financial performance for its broader music division, which includes recorded music, publishing, and visual media and platform content. Operating income for the division stood at 92.8 billion Yen ($642 million), representing a 19.9% operating margin from total revenue of 465.3 billion Yen (USD $3.22 billion).

The company also reported an Adjusted OIBDA, a key profit metric used in the industry, of 117.1 billion Yen, yielding an Adjusted OIBDA margin of 25.2%.