Sphere Entertainment Co. engages in the provision of live entertainment and media services. The company is headquartered in New York City, New York and currently employs 1,080 full-time employees. The company went IPO on 2020-04-09. The firm's segments include Sphere and MSG Networks. Its Sphere segment is an entertainment medium powered by technologies to create multi-sensory experiences. Its venue can host a variety of events year-round, including The Sphere Experience, which features original immersive productions, as well as concerts and residencies from artists, and marquee sports and corporate events. Production efforts are supported by Sphere Studios. Its MSG Networks segment operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a range of live sports content and other programming. The MSG Networks segment features a range of sports content, including exclusive live local games and other programming of the New York Knicks of the NBA and the New York Rangers, New York Islanders, New Jersey Devils and others.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
Revenue
1,220
394
262
282
280
308
Revenue Growth (YoY)
8%
28%
15%
3%
-13%
-2%
Cost of Revenue
589
163
136
131
158
167
Gross Profit
630
230
125
151
122
141
Selling, General & Admin
441
114
99
113
114
135
Research & Development
--
--
--
--
--
--
Operating Expenses
778
199
183
196
198
218
Other Non Operating Income (Expenses)
-1
0
0
0
-1
0
Pretax Income
57
22
-136
273
-102
-168
Income Tax Expense
23
-42
-35
121
-20
-42
Net Income
33
64
-101
151
-81
-125
Net Income Growth
-110%
-151%
-4%
-428%
72%
-28%
Shares Outstanding (Diluted)
72.6
72.6
36.2
44.84
36.11
36.44
Shares Change (YoY)
99%
99%
2%
26%
3%
4%
EPS (Diluted)
0.46
0.89
-2.79
3.38
-2.26
-3.45
EPS Growth
-105%
-126%
-5%
-360%
71%
-30%
Free Cash Flow
190
165
110
-73
-11
-23
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
51.63%
58.37%
47.7%
53.54%
43.57%
45.77%
Operating Margin
-12.13%
7.86%
-22.13%
-15.95%
-27.14%
-25%
Profit Margin
2.7%
16.24%
-38.54%
53.54%
-28.92%
-40.58%
Free Cash Flow Margin
15.57%
41.87%
41.98%
-25.88%
-3.92%
-7.46%
EBITDA
188
115
26
38
8
6
EBITDA Margin
15.4%
29.18%
9.92%
13.47%
2.85%
1.94%
D&A For EBITDA
336
84
84
83
84
83
EBIT
-148
31
-58
-45
-76
-77
EBIT Margin
-12.13%
7.86%
-22.13%
-15.95%
-27.14%
-25%
Effective Tax Rate
40.35%
-190.9%
25.73%
44.32%
19.6%
25%
Follow-Up Questions
What are Sphere Entertainment Co's key financial statements?
According to the latest financial statement (Form-10K), Sphere Entertainment Co has a total asset of $0, Net loss of $0
What are the key financial ratios for SPHR?
Sphere Entertainment Co's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Sphere Entertainment Co's revenue broken down by segment or geography?
Sphere Entertainment Co largest revenue segment is Sphere, at a revenue of 592,184,000 in the most earnings release.For geography, United States is the primary market for Sphere Entertainment Co, at a revenue of 1,072,406,000.
Is Sphere Entertainment Co profitable?
no, according to the latest financial statements, Sphere Entertainment Co has a net loss of $0
Does Sphere Entertainment Co have any liabilities?
no, Sphere Entertainment Co has liability of 0
How many outstanding shares for Sphere Entertainment Co?
Sphere Entertainment Co has a total outstanding shares of 0