# SM Entertainment Reports Revenue Decline

> SM Entertainment's revenue dropped 9% as music sales and concerts falter.
- Title: SM Entertainment Reports Revenue Decline · Billboard
- Summary: SM Entertainment's revenue dropped 9% as music sales and concerts falter. SM Entertainment reported a 9% revenue decline due to lower music sales and concert…
- Keywords: sm entertainment, nct 127, aespa, kpop, revenue decline, music sales, concert revenue, Billboard
- Source: Billboard — https://billboard.com/pro/k-pop-label-sm-entertainment-revenue-lower-music-sales
- Author: Elizabeth Dilts Marshall
- Published: 2026-11-04T22:38:26+00:00
- Read time: 1 min
- Topics: sm entertainment, nct 127, aespa, kpop, revenue decline, music sales, concert revenue
## SM Entertainment's Q4 Revenue
SM Entertainment reported a 9% revenue drop in Q4 due to lower music sales and concert revenue.
## Financial Results
The company earned 291.1 billion Korean won ($205.2 million) with a 26% revenue decline from last year.
## Key Factors
New album sales dropped 70% year over year as artists focused on overseas activities.
## Key takeaway

SM Entertainment reported a 9% revenue decline due to lower music sales and concert revenue.