Canon FY2025 Financial Results: Camera Sales +8%, DILC Units Hit 2.88M, and Compacts “Doubled” in Q4

Canon has published its FY2025 financial results (year ended December 31, 2025), and there are a few standout points for camera fans: Canon’s camera business returned to solid growth, interchangeable-lens camera unit shipments rose, and Canon explicitly says compact camera sales doubled in Q4 as production expanded. (Source: Canon IR materials)

Key camera numbers (FY2025)

• Camera net sales (FY2025): ¥625.5B (+7.9% YoY)
• Camera net sales (Q4): ¥199.3B (+13.0% YoY)
• Network Cameras & Others (FY2025): ¥429.4B (+20.1% YoY)
• Network Cameras & Others (Q4): ¥129.2B (+27.8% YoY)

Canon also reports Digital Interchangeable Lens Camera (DILC) unit volume in its results materials:

• DILC units (FY2025): 2.88M (+2% YoY)
• DILC forecast (FY2026): 2.95M (+2% YoY)

Imaging segment profitability stayed strong

Canon’s Imaging business includes the Cameras category plus Network Cameras & Others. For FY2025:

• Imaging net sales (FY2025): ¥1,054.9B (+12.5% YoY)
• Imaging operating profit (FY2025): ¥172.9B (+14.3% YoY)
• Imaging operating margin: 16.4%

Compact cameras: Canon says sales “doubled” in Q4

One of the more interesting callouts is Canon’s statement that compact camera sales doubled year-over-year in Q4. Canon attributes the increase to expanded production, and notes that the overall camera business posted double-digit growth in Q4 and finished FY2025 up roughly 8%.

This is consistent with what many buyers have experienced: strong demand + constrained supply, especially in the fixed-lens compact category. Canon’s commentary suggests it’s still largely a supply catch-up story rather than demand cooling off.

FY2026 outlook (camera-related guidance)

Canon’s FY2026 guidance indicates it expects to keep momentum going:

• Target: camera business net sales +8% again (similar pace to FY2025)
• Entry-level volume focus: EOS R50 / R100 and the video-oriented EOS R50V are highlighted as key drivers
• Full-frame emphasis: Canon calls out the EOS R6 Mark III as a focus model
• Compacts: further production increases to address backorders and demand
• Network cameras: after 20%+ growth in FY2025, Canon targets around 8% growth in FY2026

At the segment level, Canon projects:

• Imaging net sales (FY2026 plan): ¥1,137.2B (+7.8%)
• Imaging operating profit (FY2026 plan): ¥184.1B (+6.5%)

Why this matters

1. Canon’s camera growth is coming from both ends: entry-level mirrorless volume plus continued full-frame focus, while compacts are being pushed harder as production ramps.
2. Network cameras are a major growth engine: the category is expanding quickly and helps stabilize Imaging results when consumer camera demand is softer.
3. Sales growth > unit growth: Canon’s DILC unit outlook is only +2% for FY2026, yet it’s targeting +8% camera business sales—suggesting product mix and average selling prices (ASP) are doing a lot of the heavy lifting.

Excerpt

“As for the size of the interchangeable-lens camera market, driven by an increase in new users, especially young people, and by new product launches from various manufacturers, the market reached 6.7 million units in 2025, 300,000 more than the previous year. And in 2026, we expect a further increase of 100,000 units for a total of 6.8 million units.

In the fourth quarter, we posted strong sales of the EOS R6 Mark III, a new full-frame mirrorless camera that we launched in November. We also increased sales of entry-level models during the year-end selling season. Driven by strong demand, sales of compact cameras doubled from the previous year due to increased supply through the further expansion of production. As a result, the overall camera business posted double digit sales growth in the fourth quarter to record an 8% increase for the full year.

In 2026 as well, the number of new camera users, especially younger people, is expected to continue increasing. To capture this demand, we will maintain the growth of our entry level models, such as the EOS R50 and EOS R100, as well as the EOS R50V, which is designed with a strong focus on shooting video. For full frame models, we will increase unit sales, with a focus on the new EOS R6 Mark III. As for lenses, supported by strong camera sales, we will promote sales expansion based on our expanded lineup. For compact cameras, we plan to further increase production in response to the strong demand that continues to generate backorders. This will allow us to significantly increase sales, and for the overall camera business, achieve our target to increase full-year net sales by 8%, which is similar to what we achieved in 2025.”

via Canon