Sphere Entertainment Co. (SPHR)
NYSE: SPHR · Real-Time Price · USD
136.26
+2.95 (2.21%)
Jul 24, 2026, 4:00 PM EDT - Market closed

Sphere Entertainment Co. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Revenue
1,3261,2201,1311,027573.83610.06
Revenue Growth
21.62%7.88%10.13%78.95%-5.94%-5.78%
Gross Profit
724.58630.07520.5479.07231.62289.78
Operating Income
36.12-229.56-372.33-341.24-273.04-165.74
Net Income
102.2133.41-325.06-200.65502.77-194.4
Earnings Per Share
1.780.74-9.09-5.6814.40-4.02
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Jun '24 Jun '23 Jun '22 Jun '21
Sphere
889.83781.41497.162.611.9-
Madison Square Garden (MSG) Networks
436.05438.63529.73571.22608.16647.51
Revenue (Total)
1,3261,2201,027573.83610.06647.51

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Cash & Investments
630.15521.26515.63573.23429.11760.31
Total Debt
938.37961.461,489000
Net Cash (Debt)
-308.22-440.19-973.44573.23429.11760.31
Net Cash Growth
---33.59%-43.56%-49.88%
Net Cash Per Share
-7.53-9.72-27.2116.2412.2922.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Jun '24 Jun '23 Jun '22 Jun '21
Operating Cash Flow
243.35243.35-19.66153.59141.34-58.69
Capital Expenditures
-52.35-52.35-289.75-1,175-805.22-490.9
Free Cash Flow
191191-309.41-1,021-663.88-549.59
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingMar '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Gross Margin
54.65%51.64%46.02%46.65%40.36%47.50%
Operating Margin
2.72%-18.82%-32.92%-33.23%-47.58%-27.17%
Pretax Margin
12.00%4.69%-40.93%-35.08%48.00%-27.49%
Profit Margin
8.70%5.48%-30.92%-41.41%118.10%-22.60%
FCF Margin
0.00%15.66%0.00%-30.13%-178.00%-108.82%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingJul '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
PE Ratio
54.05128.49--1.90-
Forward PE
-78.3078.3078.3068.08130.96
P/FCF Ratio
14.6217.67----
PS Ratio
3.682.771.281.211.661.36