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Sphere Entertainment Co. (SPHR)
NYSE: SPHR · Real-Time Price · USD
168.00
-8.38 (-4.75%)
At close: Aug 14, 2026, 4:00 PM EDT
168.20
+0.20 (0.12%)
After-hours: Aug 14, 2026, 7:34 PM EDT

Sphere Entertainment Co. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Revenue
1,3571,2201,1311,027573.83610.06
Revenue Growth
23.41%7.88%10.13%78.95%-5.94%-5.78%
Gross Profit
742.29636.55524.37484.79233.3291.06
Operating Income
-82.57-154.13-175.57-211.71-252.49-153.36
Net Income
-76.8433.41-325.06-200.65502.77-197.57
Earnings Per Share
-2.140.74-9.11-5.6814.40-5.77
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Jun '24 Jun '23 Jun '22 Jun '21
Sphere
940.6781.41497.162.611.9-
Madison Square Garden (MSG) Networks
416.25438.63529.73571.22608.16647.51
Revenue (Total)
1,3571,2201,027573.83610.06647.51

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Cash & Investments
550.97507.78501.95559.76131.97747.31
Total Debt
913.31961.461,4891,5191,3211,087
Net Cash (Debt)
-362.33-453.68-987.12-958.99-1,189-339.19
Net Cash Growth
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Net Cash Per Share
-10.07-10.02-27.67-27.17-34.05-9.90

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Operating Cash Flow
398.64243.3569.4-19.66153.59141.34
Capital Expenditures
-39.57-52.35-83.17-289.75-1,175-805.22
Free Cash Flow
359.07191-13.77-309.41-1,021-663.88
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
Gross Margin
54.71%52.18%46.37%47.21%40.66%47.71%
Operating Margin
-6.08%-12.63%-15.52%-20.62%-44.00%-25.14%
Pretax Margin
-13.26%4.69%-40.93%-35.08%48.00%-27.49%
Profit Margin
-5.66%2.74%-28.74%-19.54%87.62%-32.39%
FCF Margin
26.46%15.65%-1.22%-30.13%-178.00%-108.82%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Jun '24 Jun '23 Jun '22
PE Ratio
-100.51--1.88-
Forward PE
-78.3078.3078.3068.08130.96
P/FCF Ratio
16.8017.58----
PS Ratio
4.452.751.281.211.652.95