stockrowSphere 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
- +11.0%
- EPS
- −125.6%
- Free cash flow
- −92.9%
- Total debt
- −12.3%
Quarter to June 2026, against a year earlier
Follow SPHR
Alert me
Sphere Entertainment Co. (SPHR) Operating margin
Sphere Entertainment Co.'s operating margin over the twelve months to 30 June 2026 was −11.4%, up 7.4 percentage points from fiscal 2025 (−18.8%). Over the past ten years it has ranged from −47.6% (fiscal 2023) to 16.4% (fiscal 2020); the current reading is higher than 42% of that period. That is below the Entertainment industry median of 2.30% and below the Communication Services sector median of 0.58%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −18.8% | 14.41 |
| FY2024 | −33.2% | 14.35 |
| FY2023 | −47.6% | (20.41) |
| FY2022 | −27.2% | (37.13) |
| FY2021 | 9.96% | (6.42) |
| FY2020 | 16.4% | 16.38 |
| FY2019 | 0.00% | 4.35 |
| FY2019 | −4.35% | (4.35) |
| FY2018 | 0.00% | 3.16 |
| FY2018 | −3.16% | 0.00 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | −19.5% | (21.39) |
| Mar 2026 | 1.86% | (5.48) |
| Dec 2025 | 7.34% | 56.75 |
| Sep 2025 | −49.4% | (31.67) |
| 23 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MSGE Madison Square Garden Entertainment Corp. compare | 13.3% |
| CNK Cinemark Holdings Inc compare | 13.0% |
| LION Lionsgate Studios Corp. compare | 4.62% |
| AMC AMC Entertainment Holdings, Inc. compare | 4.36% |
| MANU Manchester United Ltd. compare | 3.34% |
| VSNT Versant Media Group, Inc. compare | 0.00% |
| BATRK Atlanta Braves Holdings, Inc. compare | 0.00% |
| BATRA Atlanta Braves Holdings, Inc. compare | −9.42% |
| SPHR Sphere Entertainment Co. | −11.4% |
| Entertainment industry median | 2.30% |
| Communication Services sector median | 0.58% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SPHR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score
- The full statement