SPHR
Sphere Entertainment Co.
NYSE: SPHR · COMMUNICATION SERVICES · ENTERTAINMENT
$142.45
+2.53% today
Updated 2026-04-30
Market cap
$4.72B
P/E ratio
179.73
P/S ratio
3.87x
EPS (TTM)
$0.74
Dividend yield
—
52W range
$27 – $140
Volume
0.8M
Sphere Entertainment Co. (SPHR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $711.02M | $988.99M | $1.05B | $1.44B | $647.51M | $610.05M | $573.83M | $1.03B | $1.03B |
| Revenue growth (YoY) | — | -36.2% | +39.1% | +6.1% | +36.9% | -54.9% | -5.8% | -5.9% | +79.0% | +0.0% |
| Cost of revenue | $737.86M | $517.08M | $635.22M | $670.64M | $790.50M | $262.86M | $320.28M | $342.21M | $547.82M | $804.32M |
| Gross profit | $377.45M | $193.94M | $353.77M | $378.27M | $645.52M | $384.65M | $289.78M | $231.62M | $479.06M | $222.57M |
| Gross margin | 33.8% | 27.3% | 35.8% | 36.1% | 45.0% | 59.4% | 47.5% | 40.4% | 46.7% | 21.7% |
| R&D | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | $178.25M | $258.24M | $301.42M | $402.23M | $270.94M | $396.91M | $435.17M | $355.49M | $355.49M |
| Operating income | $-58.63M | $-98.41M | $-31.28M | $-45.60M | $235.21M | $64.51M | $-165.74M | $-273.04M | $-341.24M | $-223.00M |
| Operating margin | -5.3% | -13.8% | -3.2% | -4.3% | 16.4% | 10.0% | -27.2% | -47.6% | -33.2% | -21.7% |
| EBITDA | $43.85M | $-20.43M | $95.27M | $94.91M | $400.13M | $185.75M | $-43.05M | $378.81M | $-23.86M | $-23.86M |
| EBITDA margin | 3.9% | -2.9% | 9.6% | 9.0% | 27.9% | 28.7% | -7.1% | 66.0% | -2.3% | -2.3% |
| EBIT | $-58.63M | $-118.50M | $-16.79M | $-14.43M | $288.07M | $63.75M | $-167.68M | $275.43M | $-280.36M | $-280.36M |
| Interest expense | — | $1.93M | $12.15M | $5.59M | $36.56M | $20.22M | $20.42M | $116.04M | $79.87M | $79.87M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-77.29M | $-108.55M | $6.90M | $-8.22M | $181.73M | $-148.15M | $-194.40M | $502.77M | $-200.65M | $-200.65M |
| Net income growth (YoY) | — | -40.4% | +106.4% | -219.2% | +2311.1% | -181.5% | -31.2% | +358.6% | -139.9% | +0.0% |
| Profit margin | -6.9% | -15.3% | 0.7% | -0.8% | 12.7% | -22.9% | -31.9% | 87.6% | -19.5% | -19.5% |