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Operating income for the year was $40 million due to $60 million in COGS and $60 million in operating costs.
Operating income has trended up, too.
Source: https://investorplace.com/2023/09/4-dividend-stocks-to-buy-in-fall-2023/
Operating income is up even more, showing a 42.4% increase compared to 10 years ago.
Operating income margin in the first half of 2023 was 30.1%, compared to 28.7% in the same period of 2022.
Operating income rose 35%, with margin up 140bp to 12%, while segment-level profits rose 19% (margin up 80bp to 15.2%).
Operating income slipped from $42.5M last year on a quarterly basis to roughly $21M in Q3 - largely due to the fact operating expenses grew to 29% of revenues versus 26.3% the prior year.
Operating income was narrower at 49.2 billion yen, down 3.6% from a year ago.
Source: https://venturebeat.com/games/sony-sees-an-uptick-in-playstation-5-sales-in-june-quarter/