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Marathon and Destiny developer Bungie underperformed last year, causing a $765 million impairment loss for PlayStation

Eurogamer.net·Connor Makar·25 days ago
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Image credit: Eurogamer Sony has reported that Bungie's extraction shooter Marathon, and the poor performance of Destiny 2 , has incurred a roughly $765m impairment loss last financial year. In the company's fiscal year 2025/2026 fiscal report , Sony marked down an operating income loss of 120.1bn Japanese Yen due to "impairment losses against Bungie, Inc.’s intangible and other assets." This figure, in US dollars, comes to roughly $765m. Here's the Destroyer Shell cinematic trailer for Marathon. Watch on YouTube Sony had already reported a 31.5bn yen ($200m) in Q2 due to the impairment charge stemming from the underperformance of Destiny 2, but this new report includes an additional 88.6bn yen (~$565m) impairment charge from Q4 of 2025. This figure combined comes to the total $765m loss. An impairment loss, for those who don't know, refers to when the recorded value of an asset exceeds its actual, recoverable value. In basic terms, then, Bungie was worth $765m less than expected in the last fiscal year.…

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