Sphere Entertainment Co.

Sphere Entertainment Co.

SPHR·NYSE

$141.75

-2.8%
Communication ServicesEntertainment

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$5.10B
EPS-5.6800
P/E Ratio-24.96
Earnings Date08/06/2026
3Y-
5Y+79.0%
10Y+59.0%
3Y-
5Y-140.0%
10Y+35.0%
3Y-
5Y-113.0%
10Y-67.0%
Sphere Entertainment Co.

Sphere Entertainment Co. Profit Bridge

SPHR · NYSE
Revenue1.03B
Cost of Goods Sold (804.32M)
Gross Profit222.57M
Operating Expenses (445.57M)
Operating Income-223.00M
Interest Expense (79.87M)
Other Income/Expense-137.22M
Pretax Income-360.23M
Income Tax (-135.59M)
Net Income-200.65M
Net Income
-200.65M

Profitability Analysis

Gross Margin

21.7%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

-21.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-19.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Sphere Entertainment Co. Income Statement

SPHR • NYSE

Sphere Entertainment Co. Income StatementJun 2025Dec 2024Dec 2024Jun 2024Jun 2024Jun 2023Jun 2023Jun 2022Jun 2022Jun 2021Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
REVENUE
1B
1B
1B
1B
1B
573.8M
573.8M
610.1M
610.1M
647.5M
647.5M
1.4B
1B
989M
711M
1.1B
GROSS PROFIT
(804.3M)
(804.3M)
(804.3M)
(547.8M)
(804.3M)
(342.2M)
(342.2M)
(320.3M)
(320.3M)
(262.9M)
(262.9M)
(790.5M)
(670.6M)
(635.2M)
(517.1M)
(737.9M)
222.6M
222.6M
222.6M
479.1M
222.6M
231.6M
231.6M
289.8M
289.8M
384.7M
384.7M
645.5M
378.3M
353.8M
193.9M
377.5M
OPERATING INCOME
(445.6M)
(445.6M)
(445.6M)
(820.3M)
(445.6M)
(504.7M)
(504.7M)
(455.5M)
(455.5M)
(320.1M)
(320.1M)
(545.3M)
(423.9M)
(385.1M)
(292.4M)
(459.2M)
(380.8M)
(380.8M)
(380.8M)
(432.9M)
(380.8M)
(452.1M)
(452.1M)
(419.8M)
(419.8M)
(295.5M)
(301.9M)
(433.2M)
(314.5M)
(273M)
(194.3M)
(333.6M)
-223M
-223M
-223M
-341.2M
-223M
-273M
-273M
-165.7M
-104.1M
64.5M
64.5M
235.2M
-45.6M
-31.3M
-98.4M
-58.6M
PRE-TAX INCOME
(79.9M)
(79.9M)
(79.9M)
(79.9M)
(79.9M)
(0.0)
(0.0)
(20.4M)
(20.4M)
(20.2M)
(20.2M)
(36.6M)
(5.6M)
(12.2M)
(1.9M)
(0.0)
-54.2M
-54.2M
-54.2M
-54.2M
-54.2M
11.6M
11.6M
-17.2M
-17.2M
-17M
-17M
-17.1M
24.6M
9.2M
9.8M
0.0
(64.8M)
(64.8M)
(64.8M)
(387.5M)
(64.8M)
(52.5M)
(52.5M)
(35.7M)
(35.7M)
(24.7M)
(18.3M)
(112.1M)
-3.1M
-3.1M
-1.7M
(0.0)
-137.2M
-137.2M
-137.2M
-19M
-137.2M
548.5M
548.5M
-1.9M
-63.6M
-21M
-21M
16.3M
15.9M
2.3M
-22M
-18.4M
-360.2M
-360.2M
-360.2M
-360.2M
-360.2M
275.4M
275.4M
-167.7M
-167.7M
43.5M
43.5M
251.5M
-20M
-28.9M
-120.4M
-77M
NET INCOME
-135.6M
-135.6M
-135.6M
-135.6M
-135.6M
(103.4M)
(103.4M)
-29.8M
(29.8M)
(38.9M)
(38.9M)
(101.7M)
(443K)
-30.8M
-7.8M
(297K)
-200.6M
-200.6M
-200.6M
-200.6M
-200.6M
502.8M
502.8M
-194.4M
-194.4M
-148.2M
-148.2M
181.7M
-8.2M
6.9M
-108.5M
-77.3M

SEC Filings

SPHR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
April 28, 2026
2026
10-K

10-K 2025 FY

FY

February 12, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 12, 2026
2026
8-K

8-K 2026

N/A

February 03, 2026
January 29, 2026
2026
8-K

8-K 2025

N/A

November 21, 2025
November 19, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

September 26, 2025
September 22, 2025
2025
Showing 1 to 10 of 135 filings