SPHR revenueQ3 2026$274.26M
- Quarter YoY
- +4.5%
- QoQ
- -12.6%
SPHR revenue was $274.26M in fiscal Q3 2026 (ended Sep 30, 2026), up 4.5% from a year earlier and down 12.6% from the prior quarter. For the full fiscal 2025 it was $1.22B.
Sphere Entertainment Co. (SPHR) financials
For the twelve months ended Sep 30, 2026, Sphere Entertainment Co. reported $1.37B of revenue and -$120.68M of net income.
- Revenue, TTM
- $1.37B
- Net income, TTM
- -$120.68M
- Net margin
- -8.8%
- Cash
- $527.20M
- Total debt
- $768.43M
- P/S
- 3.15
- Market cap
- $4.31B
FY2018FY2025
FY2018FY2025
FY2018FY2022
SPHR revenue and earnings growth
SPHR net incomeQ3 2026-$176.04M
SPHR net income was -$176.04M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$125.68M a year earlier. For the full fiscal 2025 it was $33.41M.
SPHR EPSQ3 2026-$4.84
SPHR diluted EPS was -$4.84 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$3.47 a year earlier. For the full fiscal 2025 it was $0.74.
Income statement
| Line item | Dec 31, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.03B | $573.83M | $610.05M | $647.51M | $1.44B | $1.05B | $988.99M |
| Selling, general and admin | - | - | - | $681.80M | $424.36M | $433.21M | $314.52M | $273.00M |
| Operating income | -$229.56M | -$341.24M | -$273.04M | -$165.74M | -$188.22M | $235.21M | -$45.60M | -$31.28M |
| Interest expense | - | $79.87M | $0 | $0 | $20.42M | $36.56M | $5.59M | $12.15M |
| Pre-tax income | $57.22M | -$360.23M | $275.43M | -$167.68M | -$160.79M | $251.50M | -$20.02M | -$28.94M |
| Income tax | $23.81M | -$135.59M | $103.40M | -$29.83M | $38.91M | $101.69M | $443.0K | -$30.83M |
| Net income | $33.41M | -$200.65M | $502.77M | -$194.40M | -$148.15M | $181.73M | -$8.22M | $6.90M |
| EPS, basic | $0.93 | -$5.68 | $14.51 | -$5.77 | -$4.60 | $5.21 | -$0.35 | $0.29 |
| EPS, diluted | $0.74 | -$5.68 | $14.40 | -$5.77 | -$4.59 | $5.20 | -$0.35 | $0.29 |
| Diluted shares | 45.3M | 35.3M | 34.9M | 34.3M | 34.3M | 34.9M | 23,992 | 24.0M |
Balance sheet
| Line item | Dec 31, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $507.78M | $573.23M | $429.11M | $760.31M | $1.54B | $1.12B | $1.32B | $1.23B |
| Short-term investments | - | - | - | - | $0 | $337.19M | $108.42M | - |
| Receivables | - | - | - | $188.01M | $184.61M | $57.18M | $81.04M | - |
| Inventory | $14.45M | $11.89M | $0 | $13.51M | $9.52M | - | - | - |
| Current assets | $810.17M | $865.70M | $623.91M | $1.22B | $1.87B | $1.43B | $1.35B | - |
| Goodwill | $258.12M | $470.15M | $456.81M | $456.81M | $456.81M | $498.82M | $165.56M | $147.56M |
| Total assets | $4.12B | $4.79B | $4.97B | $5.52B | $5.29B | $3.73B | $3.32B | - |
| Current liabilities | $743.37M | $1.37B | $692.14M | $961.10M | $729.87M | $509.97M | $474.05M | - |
| Short-term debt | $63.01M | $849.44M | $82.50M | $66.00M | $53.97M | $5.43M | $6.04M | - |
| Long-term debt | $767.44M | $522.74M | $1.12B | $929.53M | $1.65B | $28.13M | $48.56M | - |
| Total debt | $830.45M | $1.37B | $1.20B | $995.53M | $1.70B | $33.55M | $54.60M | - |
| Total liabilities | $1.95B | $2.37B | $2.39B | $3.36B | $2.97B | $844.77M | $662.29M | - |
| Shareholders' equity | $2.17B | $2.42B | $2.58B | $1.98B | $2.18B | $2.30B | $2.15B | $2.49B |
Cash flow
| Line item | Dec 31, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $243.35M | -$19.66M | $153.59M | $141.34M | -$58.69M | $308.12M | $101.40M | $144.38M |
| Capital expenditures | - | - | - | $756.72M | $456.01M | $455.24M | $184.00M | $187.36M |
| Free cash flow | - | - | - | -$615.38M | -$514.70M | -$147.12M | -$82.60M | -$42.98M |
| Investing cash flow | -$3.90M | -$45.18M | -$653.92M | -$804.16M | -$123.18M | -$394.53M | -$237.74M | -$169.62M |
| Financing cash flow | -$233.34M | $209.73M | $85.54M | -$30.39M | $592.68M | -$113.87M | -$8.62M | $15.36M |
| Share repurchases | $50.02M | $0 | $0 | $0 | $0 | $293.53M | - | - |
| Stock-based compensation | $59.01M | $48.01M | $62.66M | $77.14M | $70.58M | $61.42M | $35.40M | $27.29M |
| Depreciation and amortization | $336.41M | $256.49M | $103.38M | $124.63M | $122.00M | $112.06M | $109.34M | $112.06M |
Key ratios
| Line item | Dec 31, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 18.8% | 79.0% | -5.9% | -5.8% | -54.9% | 36.9% | 6.1% | - |
| Operating margin | -18.8% | -33.2% | -47.6% | -27.2% | -29.1% | 16.4% | -4.3% | -3.2% |
| Net margin | 2.7% | -19.5% | 87.6% | -31.9% | -22.9% | 12.7% | -0.8% | 0.7% |
| Free cash flow margin | - | - | - | -100.9% | -79.5% | -10.2% | -7.9% | -4.3% |
| Return on equity | 1.5% | -8.3% | 19.5% | -9.8% | -6.8% | 7.9% | -0.4% | 0.3% |
| Return on assets | 0.8% | -4.2% | 10.1% | -3.5% | -2.8% | 4.9% | -0.2% | - |
| Current ratio | 1.09 | 0.63 | 0.90 | 1.27 | 2.57 | 2.80 | 2.84 | - |
| Debt to equity | 0.38 | 0.57 | 0.46 | 0.50 | 0.78 | 0.01 | 0.03 | - |
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $274.26M | $313.64M | $386.41M | $394.28M | $262.51M | $282.68M | $280.57M | $273.39M | $321.33M | $314.16M | $118.01M | $129.10M |
| Selling, general and admin | $108.35M | $139.21M | $121.70M | - | $99.69M | $113.02M | $114.27M | $107.04M | $123.15M | $115.52M | $87.14M | - |
| Operating income | -$240.57M | -$61.26M | $7.20M | $62.31M | -$163.10M | -$50.16M | -$78.61M | -$71.38M | -$40.39M | -$159.68M | -$69.79M | -$70.35M |
| Interest expense | $8.01M | $8.27M | $8.04M | - | $9.40M | $25.86M | $26.21M | $26.92M | $27.12M | $25.83M | $0 | - |
| Pre-tax income | -$244.86M | -$65.25M | -$381.0K | $55.83M | -$170.09M | $273.75M | -$102.28M | -$93.18M | -$63.11M | -$180.71M | -$23.21M | - |
| Income tax | -$68.82M | -$26.93M | -$4.84M | -$33.39M | -$44.41M | $121.94M | -$20.32M | -$21.96M | -$15.87M | -$7.47M | -$90.29M | - |
| Net income | -$176.04M | -$38.33M | $4.46M | $89.22M | -$125.68M | $151.82M | -$81.95M | -$46.59M | -$47.24M | -$173.25M | $66.42M | $536.79M |
| EPS, basic | -$4.84 | -$1.07 | -$0.04 | - | -$3.47 | $4.18 | -$2.27 | -$1.31 | -$1.33 | -$4.91 | $1.90 | $15.50 |
| EPS, diluted | -$4.84 | -$1.07 | -$0.04 | - | -$3.47 | $3.39 | -$2.27 | -$1.31 | -$1.33 | -$4.91 | $1.89 | $15.39 |
| Diluted shares | 36.3M | 36.1M | 35.9M | - | 36.2M | 44.8M | 36.1M | 35.6M | 35.4M | 35.3M | 35.2M | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $527.20M | $550.97M | $629.11M | $507.78M | $398.25M | $368.93M | $478.20M | $573.23M | $693.95M | $627.83M | $451.74M | $429.11M |
| Inventory | $16.96M | $17.63M | $18.34M | $14.45M | $12.63M | $12.82M | $13.16M | $11.89M | $1.68M | $894.0K | - | $0 |
| Current assets | $787.21M | $784.04M | $903.57M | $810.17M | $666.38M | $595.42M | $735.11M | $865.70M | $916.06M | $878.65M | $674.02M | $623.91M |
| Goodwill | $80.57M | $344.77M | $344.77M | $258.12M | $258.12M | $410.17M | $410.17M | $470.15M | $456.81M | $456.81M | $456.81M | $456.81M |
| Total assets | $3.72B | $4.04B | $4.22B | $4.12B | $4.05B | $4.20B | $4.45B | $4.79B | $4.87B | $4.88B | $4.86B | $4.97B |
| Current liabilities | $671.05M | $640.41M | $742.66M | $743.37M | $697.23M | $526.94M | $1.38B | $1.37B | $1.40B | $1.40B | $642.91M | $692.14M |
| Short-term debt | $59.66M | $58.26M | $57.69M | $63.01M | $88.79M | $58.80M | $804.13M | $849.44M | $869.78M | $890.11M | $103.13M | $82.50M |
| Long-term debt | $708.77M | $722.14M | $752.70M | $767.44M | $786.07M | $830.53M | $524.68M | $522.74M | $522.06M | $521.41M | $1.10B | $1.12B |
| Total debt | $768.43M | $780.40M | $810.39M | $830.45M | $874.86M | $889.33M | $1.33B | $1.37B | $1.39B | $1.41B | $1.20B | $1.20B |
| Total liabilities | $1.75B | $1.81B | $1.97B | $1.95B | $1.96B | $1.89B | $2.31B | $2.37B | $2.43B | $2.42B | $2.23B | $2.39B |
| Shareholders' equity | $1.98B | $2.16B | $2.18B | $2.17B | $2.09B | $2.27B | $2.10B | $2.42B | $2.44B | $2.47B | $2.64B | $2.58B |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $56.88M | -$33.66M | $136.24M | $180.22M | $115.84M | -$59.06M | $6.35M | -$72.44M | $101.02M | $46.40M | -$94.64M | $15.77M |
| Investing cash flow | -$43.52M | -$14.62M | -$5.00M | -$15.28M | -$5.06M | $34.01M | -$17.57M | -$24.94M | -$21.21M | -$65.53M | $66.50M | $171.56M |
| Financing cash flow | -$37.91M | -$29.86M | -$22.26M | -$41.27M | -$81.02M | -$84.75M | -$26.31M | -$23.28M | -$12.96M | $195.12M | $50.85M | -$114.94M |
| Share repurchases | - | - | - | -$16.0K | - | - | - | - | - | - | - | - |
| Stock-based compensation | $14.70M | $17.72M | $13.91M | $10.03M | $8.53M | $18.85M | $21.59M | $13.27M | $17.89M | $11.97M | $4.88M | $6.57M |
| Depreciation and amortization | $83.37M | $84.31M | $84.37M | $84.17M | $84.10M | $83.91M | $84.23M | $82.34M | $79.87M | $80.03M | $14.26M | $14.14M |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.5% | 11.0% | 37.7% | 44.2% | -18.3% | -10.0% | 137.8% | 111.8% | 98.3% | 96.9% | -4.2% | -7.6% |
| Operating margin | -87.7% | -19.5% | 1.9% | 15.8% | -62.1% | -17.7% | -28.0% | -26.1% | -12.6% | -50.8% | -59.1% | -54.5% |
| Net margin | -64.2% | -12.2% | 1.2% | 22.6% | -47.9% | 53.7% | -29.2% | -17.0% | -14.7% | -55.1% | 56.3% | 415.8% |
| Current ratio | 1.17 | 1.22 | 1.22 | 1.09 | 0.96 | 1.13 | 0.53 | 0.63 | 0.65 | 0.63 | 1.05 | 0.90 |
| Debt to equity | 0.39 | 0.36 | 0.37 | 0.38 | 0.42 | 0.39 | 0.63 | 0.57 | 0.57 | 0.57 | 0.46 | 0.46 |
Source: XBRL data Sphere Entertainment Co. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
SPHR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SPHR | $1.37B | - | -$120.68M | -8.8% | $4.31B |
| DIS | $98.86B | +4.6% | $8.60B | 8.7% | $201.59B |
| LYV | $27.88B | +13.5% | $151.08M | 0.5% | $41.29B |
| TKO | $5.54B | +19.8% | $287.24M | 5.2% | $36.02B |
| WMG | $7.30B | +12.9% | $672.00M | 9.2% | $16.37B |
| LLYVK | $451.16M | +28.3% | -$50.39M | -11.2% | $9.78B |
| LLYVA | $451.16M | +28.3% | -$50.39M | -11.2% | $9.40B |
| MSGS | $1.16B | +13.1% | -$14.58M | -1.3% | $9.36B |
| DKNG | $6.41B | +17.4% | -$378.83M | -5.9% | $9.19B |
SPHR FAQ
5 questionsWhat is SPHR revenue?
Sphere Entertainment Co. (SPHR) reported $1.37B of revenue for the twelve months ended Sep 30, 2026. Revenue for fiscal 2025 was $1.22B.Is SPHR profitable?
No. Sphere Entertainment Co. reported a net loss of $120.68M for the twelve months ended Sep 30, 2026.How much cash and debt does SPHR have?
Sphere Entertainment Co. reported $527.20M in cash and cash equivalents and $768.43M of debt on its most recent balance sheet in SEC filings.When did SPHR last report financial results?
The latest statements here come from Sphere Entertainment Co.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.Where does this SPHR financial data come from?
Quantisnow builds these statements from the structured XBRL data Sphere Entertainment Co. files with the SEC. It is provided for information only and is not investment advice.