Sphere Entertainment Co. (SPHR)
NYSE: SPHR · Real-Time Price · USD
145.92
+0.73 (0.50%)
Sep 21, 2026, 3:00 PM EDT - Market open

Sphere Entertainment Co. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
313.64386.41394.28262.51282.68280.57308.29227.91273.4321.33314.16118.01-162.06159.54123.13-318.39352.53-294.51
Revenue Growth
10.95%37.72%27.89%15.18%3.40%-12.68%-40.63%71.36%160.97%96.91%-4.16%--54.03%--58.19%-64.49%-72.69%
Gross Profit
162.58216.77237.42125.53151.36122.25144.9988.22123.88167.29154.3933.51-68.469.1447.71-101.3154.57-128.75
Operating Income
-61.3110.3227.05-58.63-45.94-76.6139.49-113.03-65.98-36.04-41.79-67.9--83.19-42.66-53.05-97.9915.18--75.52
Net Income
-38.79-1.5964.74-101.2151.82-81.95-125.95-105.28-46.59-47.24-173.2566.43--56.8567.58-44.76-103.12-17.49--79.23
Earnings Per Share
-1.07-0.041.39-2.803.39-2.27-3.49-2.95-1.31-1.33-4.911.88--1.641.95-1.30-3.01-0.51--2.32
EPS Growth
--------------------

Revenue by Segment

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Sphere
226.35265.97274.19174.09175.59157.55169.02127.07151.22170.36167.87.780.690.630.640.650.62---
Madison Square Garden (MSG) Networks
87.29120.45120.0988.42107.09123.03139.27100.84122.18150.97146.36110.23128.41161.44158.9122.48139.13167.57159.98141.47
Revenue (Total)
313.64386.41394.28262.51282.68280.57308.29227.91273.4321.33314.16118.01129.1162.06159.54123.13139.75352.53516.44294.51

Cash & Debt

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
550.97629.11507.78384.84355.66465.02501.95---614.55433.51131.97217.58432.17441.35747.31999.061,2581,331
Total Debt
913.31938.37961.461,0011,0191,4621,489---1,5361,3261,3212,2692,5362,2431,0872,1572,1792,127
Net Cash (Debt)
-362.33-309.26-453.68-615.95-662.95-996.81-987.12----921-892.65-1,189-2,052-2,103-1,802-339.19-1,158-920.82-795.11
Net Cash Growth
--------------------
Net Cash Per Share
-10.02-8.62-9.68-17.02-14.78-27.60-27.38----26.08-25.34--59.08-60.60-52.38-9.88-33.75--23.32

Cash Flow & CapEx

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
-33.66136.24180.22115.84-59.066.356.7234.1-72.45101.0246.4-94.64-82.86--81.1835.14-26.59-6.99
Capital Expenditures
-14.48-4.89-15.21-5-14.65-17.49-30.42-18.52-14.76-19.46-65.53-190--243.82--290.55-256.53-215.69--146.6
Free Cash Flow
-48.13131.35165.01110.84-73.71-11.14-23.715.58-87.2181.55-19.12-284.64--160.96--371.74-221.39-242.28--139.61
Free Cash Flow Growth
---611.35%----------------

Margins

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
51.84%56.10%60.21%47.82%53.55%43.57%47.03%38.71%45.31%52.06%49.15%28.39%-42.20%43.34%38.75%-43.84%-43.72%
Operating Margin
-19.55%2.67%6.86%-22.34%-16.25%-27.30%12.81%-49.59%-24.13%-11.22%-13.30%-57.54%--51.33%-26.74%-43.09%-4.31%--25.64%
Pretax Margin
-20.81%-0.10%5.69%-52.08%96.84%-36.45%-54.60%-60.66%-34.08%-19.64%-57.52%-19.67%--63.38%-30.35%-39.09%14.52%-3.95%--32.45%
Profit Margin
-12.37%-0.41%16.42%-38.55%53.71%-29.21%-40.85%-46.19%-17.04%-14.70%-55.15%56.29%--35.08%42.36%-36.35%--4.96%--26.90%
FCF Margin
-15.35%33.99%41.85%42.22%-26.08%-3.97%-7.69%6.84%-31.90%25.38%-6.09%-241.21%--99.32%--301.91%--68.73%--47.40%

Valuation

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
--100.51--------16.70--------
Forward PE
78.3078.3078.3078.3078.3078.3078.3078.3078.3078.3073.7834.9468.08154.66154.66154.66130.96113.3962.1660.06
P/FCF Ratio
-12.5017.58975.69----------------
PS Ratio
4.563.142.751.971.371.081.281.371.212.292.012.93-16.164.909.605.483.14-2.63