• Sony average gross margin for 2023 was 37.72%, a 4.34% decline from 2022.
• Sony average gross margin for 2022 was 39.43%, a 8.02% decline from 2021.
• Sony average gross margin for 2021 was 42.87%, a 0.21% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.