Not really. If you include the costs of marketing and distribution, a film needs to gross about twice its "budget" to break even. Furthermore, this rule of thumb only applies to US gross, where studios get much more of the actual ticket price (75% iirc) than overseas. In some markets, India for example, American studios get about 15% of the actual ticket-price gross.
To break even at the box office, you need to make at least 2.5x your production budget (so $500M for Lightyear). It's very unlikely that they were able to close the gap with streaming - the movie lost a ton of money.
The 2.5x multiple is because the production budget doesn't include marketing costs (which can easily be as high as the production budget) as well as the fact that they only get a percentage of the box office (the movie theaters need to live too). This is especially true for the non US box office, where the percentage going back to the studio is lower than in the US
There are quite a few numbers on the breakeven point but a quick google says itβs usually 2.5x-3x the budget - due to marketing cost and distribution fees.
Btw, zippia.com says their revenue is 624k USD per employee. Layoff is needed: less than 1m per employee is unacceptable! /s