SPHR · Sphere Entertainment Co. · Financials
$126.32
-8.12 (-6.04%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$5.07B
Shares
35.91M
Volume · Oct 1
248.97K
Avg daily vol (3M)
657.07K
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$1.22B
+18.8%
FY2025
Net Income
$33.41M
+116.6%
FY2025
Operating Margin
-18.82%
+14.4pp
FY2025
Diluted EPS
$0.74
+113%
FY2025
Operating Cash Flow
$243.35M
+1337.9%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $1.36B | $1.22B | $1.03B | $573.83M | $610.06M | $647.51M | $1.44B | |
| — | — | — | — | — | $24.33M | — | |
| — | — | — | — | $681.8M | $424.36M | $433.21M | |
| $6.62M | $6.57M | $3.79M | $3.12M | $5.77M | $3.46M | $17.21M | |
| $336.95M | $336.41M | $256.49M | $103.38M | $124.63M | $122M | $112.06M | |
| $12.47M | $11.52M | $9.49M | $27.92M | $13.4M | $21.3M | $0 | |
| — | — | — | — | $1.83B | $1B | $822.69M | |
| -$154.86M | -$229.56M | -$341.24M | -$273.04M | -$102.7M | -$188.22M | $235.21M | |
| — | -18.82% | -33.23% | -47.58% | -16.83% | -29.07% | 16.38% | |
| $182.09M | $106.85M | -$84.75M | -$169.67M | $21.93M | -$66.22M | $347.27M | |
| — | — | $79.87M | $0 | $27.16M | $20.42M | $36.56M | |
| — | — | — | — | $4.21M | $3.22M | $22.23M | |
| -$2.45M | -$2.27M | $35.2M | $536.89M | -$113.24M | $27.43M | $16.29M | |
| — | $0 | -$19.03M | $545.72M | -$4.86M | -$4.83M | -$4.43M | |
| -$179.9M | $57.22M | -$360.23M | $275.43M | -$215.93M | -$160.79M | $251.5M | |
| -$109.57M | $23.81M | -$135.59M | $103.4M | -$29.83M | $38.91M | $101.69M | |
| -$70.32M | $33.41M | -$200.65M | $502.77M | -$194.4M | -$148.15M | $181.73M | |
| — | 2.74% | -19.54% | 87.62% | -31.87% | -22.88% | 12.66% | |
| — | — | $23.98M | $330.75M | -$59.72M | -$161.5M | $181.73M | |
| -$71.79M | $40.13M | -$202.28M | $509.65M | -$212.48M | -$127.95M | $175.49M | |
| USD/shares | -$2.09 | $0.93 | -$5.68 | $14.51 | -$5.77 | -$4.60 | $2.41 |
| USD/shares | -$1.49 | $0.74 | -$5.68 | $14.40 | -$5.77 | -$4.59 | $2.40 |
| shares | — | 36.07M | 35.3M | 34.65M | 34.26M | 34.08M | 75.48M |
| shares | — | 45.3M | 35.3M | 34.93M | 34.26M | 34.25M | 75.65M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2020–FY2025: $343.56M in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Debt data is being processed. Please check back later.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
3.90×
Peer median 2.13×
EV/EBIT
—
Peer median 29.52×
P/E (TTM)
—
Peer median 42.48×
Peer medians compare against the 21 similar-size Entertainment companies (of 45 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Sphere Entertainment | $781,412,000 | $497,159,000 | $2,610,000 | $1,900,000 | $0 | — | — | — |
| MSG Networks | $438,633,000 | $529,730,000 | $571,221,000 | $608,155,000 | $647,510,000 | $685,797,000 | — | — |
| Madison Square Garden Entertainment | — | — | — | $655,392,000 | — | $585,208,000 | $797,058,000 | $746,540,000 |
| Madison Square Garden Sports | — | — | — | — | — | $180,201,000 | $253,651,000 | $242,814,000 |
| Tao Group Hospitality | — | — | — | $484,947,000 | — | $180,201,000 | $253,651,000 | $242,814,000 |
| Madison Square Garden Sports | — | — | — | — | — | $180,201,000 | $253,651,000 | — |
| Tao Group Hospitality | — | — | — | — | — | $180,201,000 | $253,651,000 | — |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Ticketing and Venue License Fee Revenues | $560,807,000 | $335,328,000 | — | — | — | — | — | — |
| Media Networks Revenue | $438,633,000 | $529,730,000 | $571,221,000 | $608,155,000 | $647,510,000 | $685,797,000 | — | — |
| Food Beverage and Merchandise Revenues | $100,399,000 | $66,702,000 | — | — | — | — | — | — |
| Sponsorship Signage Exosphere Advertising and Suite Licenses | $96,151,000 | $87,173,000 | — | — | — | — | — | — |
| Product And Service Other | $22,233,000 | $4,928,000 | — | — | — | $11,804,000 | $27,262,000 | $19,745,000 |
| Entertainment Dining and Nightlife Offerings Revenue | — | — | — | — | — | $178,819,000 | $252,724,000 | $242,814,000 |
| Food Beverage and Merchandise Revenue | — | — | — | — | — | $62,341,000 | $83,307,000 | $101,850,000 |
| Sponsorship And Signage Suite And Advertising Commission Revenues | — | — | — | — | — | $186,286,000 | — | $252,007,000 |
| Ticketing and Venue License Fee Revenue | — | — | — | — | — | $310,971,000 | $420,285,000 | $372,574,000 |
| Sponsorship And Signage Suite And Advertising Commission Revenues | — | — | — | — | — | — | $265,331,000 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| MSG Networks | $38,593,000 | $139,143,000 | $96,508,000 | — | — | — | — | — |
| Sphere Entertainment | -$268,157,000 | -$480,384,000 | -$369,550,000 | — | — | — | — | — |
| Madison Square Garden Entertainment | — | — | — | -$250,634,000 | -$390,954,000 | $71,016,000 | -$42,573,000 | -$38,568,000 |
| Madison Square Garden Sports | — | — | — | — | -$29,414,000 | -$102,588,000 | $17,716,000 | $27,242,000 |
| MSG Networks | — | — | — | $131,024,000 | $261,977,000 | $294,968,000 | — | — |
| Tao Group Hospitality | — | — | — | $37,263,000 | -$29,414,000 | -$102,588,000 | — | — |
| Madison Square Garden Entertainment | — | — | — | — | -$390,954,000 | $71,016,000 | -$42,573,000 | — |
| Madison Square Garden Sports | — | — | — | — | -$29,414,000 | -$102,588,000 | $17,716,000 | — |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Sphere Entertainment | -34.3% | -96.6% | -14159% | — | — | — | — |
| MSG Networks | 8.8% | 26.3% | 16.9% | — | — | — | — |
| Madison Square Garden Entertainment | — | — | — | -38.2% | 12.1% | -5.3% | -5.2% |
| Madison Square Garden Sports | — | — | — | — | -56.9% | 7% | 11.2% |
| Tao Group Hospitality | — | — | — | 7.7% | -56.9% | — | — |
| Madison Square Garden Sports | — | — | — | — | -56.9% | 7% | — |
Key facts
CIK
1795250
CUSIP
55826T102
13F (30d)
13 filings
11 filers
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