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Friday 6 November 2026 Export SPHR’s income statement to Excel — free account

Sphere Entertainment Co.

SPHR Communication Services Entertainment

Sphere Entertainment Co.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 18.8% from fiscal 2024.

Revenue
+4.48%
EPS
−72.9%
Free cash flow
−48.7%
Total debt
−20.5%

Quarter to September 2026, against a year earlier

113.46 4.61 +4.24%
Market cap
$4.0B
P/E
0.0×
Fwd P/E
−41.1×
Dividend yield
—
F-score
n/a
Altman Z
1.11
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Sphere Entertainment Co. (SPHR) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Sphere Entertainment Co. (SPHR) trades at a EV/Sales of 3.2×. Over the past ten years it has ranged from −24.3× (May 2023) to 29.6× (March 2023); the current reading is higher than 72% of that period. That is above the Entertainment industry median of 1.7× and above the Communication Services sector median of 1.4×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 3.1× 54.95%
FY2024 2.0× (35.91%)
FY2023 3.1× 13.89%
FY2022 2.7× 17.84%
FY2021 2.3× —
FY2020 −0.5× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2017 0.0× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 3.7× (21.62%)
Jun 2026 4.8× 43.96%
Mar 2026 3.3× 7.97%
Dec 2025 3.1× 18.20%
24 more quarters

Against its own ten years

Low −24.3× High 29.6×
Ten-year median 2.2×
Current reading's percentile 69

EV/Sales against peers

Company EV/Sales
VSNT Versant Media Group, Inc. compare 1.0×
AMC AMC Entertainment Holdings, Inc. compare 1.0×
CNK Cinemark Holdings Inc compare 1.7×
LION Lionsgate Studios Corp. compare 1.8×
SPHR Sphere Entertainment Co. 3.2×
MSGE Madison Square Garden Entertainment Corp. compare 3.7×
BATRK Atlanta Braves Holdings, Inc. compare 4.3×
MANU Manchester United Ltd. compare 5.2×
BATRA Atlanta Braves Holdings, Inc. compare 5.6×
Entertainment industry median 1.7×
Communication Services sector median 1.4×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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