Sphere Entertainment Co. (SPHR)

Revenue Breakdown

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Sphere Revenue	889.83M	781.41M	497.16M
Sphere Revenue Growth	13.88%	57.17%	18948.24%
Madison Square Garden (MSG) Networks Revenue	436.05M	438.63M	529.73M
Madison Square Garden (MSG) Networks Revenue Growth	-0.59%	-17.20%	-7.26%
Revenue (Other)	-3.00K	5.00K	1,000.00
Revenue (Total)	1.33B	1.22B	1.03B
Revenue (Total) Growth	8.67%	18.81%	78.95%

Revenue Breakdown 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Event-Related Revenue	753.33M	689.25M	420.33M
Event-Related Revenue Growth	9.30%	63.98%	-
Sponsorship, Signage, Exosphere Advertising, and Suite Licenses Revenue	78.94M	69.69M	71.05M
Sponsorship, Signage, Exosphere Advertising, and Suite Licenses Revenue Growth	13.28%	-1.92%	916.51%
Media Related, Primarily from Affiliation Agreements Revenue	431.55M	431.48M	521.61M
Media Related, Primarily from Affiliation Agreements Revenue Growth	0.02%	-17.28%	-6.58%
Other Segment Revenue	26.58M	27.81M	10.87M
Other Segment Revenue Growth	-4.41%	155.83%	85.19%
Revenues from Subleases	1.76M	1.82M	3.03M
Revenues from Subleases Growth	-3.57%	-39.83%	16.01%
Revenue (Total)	1.33B	1.22B	1.03B
Revenue (Total) Growth	8.67%	18.81%	78.95%

EBIT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Sphere Operating Income	-199.28M	-268.16M	-480.38M
Madison Square Garden (MSG) Networks Operating Income	55.53M	38.59M	139.14M
Madison Square Garden (MSG) Networks Operating Income Growth	43.87%	-72.26%	44.18%
Operating Income (Total)	614.67M	-229.56M	-341.24M

Adjusted EBIT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Sphere Adjusted Operating Income	205.71M	144.56M	-61.54M
Sphere Adjusted Operating Income Growth	42.30%	-	-
Madison Square Garden (MSG) Networks Adjusted Operating Income	130.13M	117.26M	142.27M
Madison Square Garden (MSG) Networks Adjusted Operating Income Growth	10.97%	-17.58%	-16.25%
Operating Income (Other)	278.84M	-491.39M	-421.97M
Operating Income (Total)	614.67M	-229.56M	-341.24M

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Remaining Performance Obligation (RPO)	384.14K	401.83K	115.19K
Remaining Performance Obligation (RPO) Growth	-4.40%	248.85%	32.65%

Updated May 5, 2026. Data Source: Fiscal.ai.