Sphere Entertainment Co. (SPHR) Income Statement
SPHR FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsSPHR revenue and net income
Where SPHR's revenue goes
FY2026Each bar shows an amount and its share of revenue. SPHR kept 2.7% of revenue as net income.
SPHR profit margins
SPHR growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.8% | +28.6% | +13.5% | +0.9% |
| Gross profit | +183.1% | +39.6% | +10.4% | +5.3% |
| Operating income | — | — | — | — |
| Net income | — | −59.5% | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SPHR quarterly EPS vs estimates
Sphere Entertainment beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 3, 2026 (estimate $-1.72).
SPHR income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.03B | $1.03B | $573.8M | $610.1M | $647.5M | $1.44B | $1.05B | $989.0M | $711.0M |
| Cost of revenue | $590.0M | $804.3M | $547.8M | $342.2M | $320.3M | $262.9M | $790.5M | $670.6M | $635.2M | $517.1M |
| Gross profit | $630.1M | $222.6M | $479.1M | $231.6M | $289.8M | $384.7M | $645.5M | $378.3M | $353.8M | $193.9M |
| Sales, general & admin | $441.9M | $380.8M | $380.8M | $452.1M | $419.8M | $301.9M | $402.2M | $314.5M | $273.0M | $194.3M |
| Total operating expenses | $778.3M | $445.6M | $820.3M | $504.7M | $455.5M | $320.1M | $410.3M | $423.9M | $385.1M | $292.4M |
| Operating income | −$148.3M | −$223.0M | −$341.2M | −$273.0M | −$165.7M | $64.5M | $235.2M | −$45.6M | −$31.3M | −$98.4M |
| Interest income | $13.5M | — | $25.7M | $11.6M | $4.2M | $1.3M | $18.0M | $30.2M | — | — |
| Interest expense | $70.5M | $79.9M | $79.9M | $116.0M | $20.4M | $20.2M | $36.6M | $5.6M | $12.2M | $1.9M |
| Income before taxes | $57.2M | −$360.2M | −$360.2M | $275.4M | −$167.7M | $43.5M | $251.5M | −$20.0M | −$28.9M | −$120.4M |
| Income taxes | $23.8M | −$135.6M | −$135.6M | $103.4M | −$29.8M | $38.9M | $101.7M | $443,000 | −$30.8M | −$7.8M |
| Net income | $33.4M | −$200.6M | −$200.6M | $502.8M | −$194.4M | −$148.2M | $181.7M | −$8.2M | $6.9M | −$108.5M |
| EBITDA | $464.2M | $81.5M | −$23.9M | $378.8M | −$43.1M | $185.7M | $400.1M | $94.9M | $95.3M | −$20.4M |
| EPS (diluted) | −$0.50 | −$2.39 | −$2.09 | $11.91 | −$3.24 | −$16.03 | −$5.86 | −$0.34 | $0.29 | −$4.61 |
| Gross margin | 51.6% | 21.7% | 46.7% | 40.4% | 47.5% | 59.4% | 45.0% | 36.1% | 35.8% | 27.3% |
| Operating margin | −12.2% | −21.7% | −33.2% | −47.6% | −27.2% | 10.0% | 16.4% | −4.3% | −3.2% | −13.8% |
| Net margin | 2.7% | −19.5% | −19.5% | 87.6% | −31.9% | −22.9% | 12.7% | −0.8% | 0.7% | −15.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $313.6M | $386.4M | $394.3M | $262.5M | $282.7M | $280.6M | $308.3M | $227.9M | $273.4M | $321.3M | $314.2M | $118.0M |
| Cost of revenue | $151.1M | $169.6M | $163.4M | $137.0M | $131.3M | $158.3M | $163.3M | $139.7M | $149.5M | $154.0M | $159.8M | $84.5M |
| Gross profit | $162.6M | $216.8M | $230.9M | $125.5M | $151.4M | $122.3M | $145.0M | $88.2M | $123.9M | $167.3M | $154.4M | $33.5M |
| Sales, general & admin | $139.2M | $121.7M | $114.9M | $99.7M | $113.0M | $114.3M | $139.5M | $119.0M | $54.0M | $123.1M | $115.5M | $87.1M |
| Total operating expenses | $223.5M | $206.1M | $199.1M | $183.8M | $201.5M | $200.9M | $287.9M | $205.8M | $195.3M | $207.7M | $314.1M | $103.3M |
| Operating income | −$60.9M | $10.7M | $31.8M | −$58.3M | −$50.2M | −$78.6M | −$142.9M | −$117.6M | −$71.4M | −$40.4M | −$159.7M | −$69.8M |
| Interest income | $4.8M | $4.0M | $2.8M | $2.7M | $4.1M | $3.9M | — | $7.0M | $7.7M | $7.7M | $5.9M | $4.4M |
| Interest expense | $8.3M | $8.0M | $9.1M | $9.4M | $25.9M | $26.2M | $30.4M | $27.0M | $26.9M | $27.1M | $25.8M | $25.1M |
| Income before taxes | −$65.3M | −$381,000 | $22.4M | −$136.7M | $273.8M | −$102.3M | −$168.3M | −$138.2M | −$93.2M | −$63.1M | −$180.7M | −$23.2M |
| Income taxes | −$26.9M | −$4.8M | −$42.3M | −$35.5M | $121.9M | −$20.3M | −$42.4M | −$33.0M | −$22.0M | −$15.9M | −$7.5M | −$90.3M |
| Net income | −$38.3M | $4.5M | $64.7M | −$101.2M | $151.8M | −$82.0M | −$126.0M | −$105.3M | −$46.6M | −$47.2M | −$173.2M | $66.4M |
| EBITDA | $27.3M | $92.0M | $115.7M | −$43.2M | $383.5M | $8.2M | $118.0M | −$29.4M | $16.1M | $43.9M | −$74.9M | −$9.0M |
| EPS (diluted) | −$1.07 | $0.14 | $1.55 | −$1.12 | $3.73 | −$1.60 | −$1.57 | −$2.95 | −$1.69 | −$0.87 | −$1.35 | $1.82 |
| Gross margin | 51.8% | 56.1% | 58.6% | 47.8% | 53.5% | 43.6% | 47.0% | 38.7% | 45.3% | 52.1% | 49.1% | 28.4% |
| Operating margin | −19.4% | 2.8% | 8.1% | −22.2% | −17.7% | −28.0% | −46.4% | −51.6% | −26.1% | −12.6% | −50.8% | −59.1% |
| Net margin | −12.2% | 1.2% | 16.4% | −38.5% | 53.7% | −29.2% | −40.9% | −46.2% | −17.0% | −14.7% | −55.1% | 56.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SPHR's financial statements (latest annual report filed July 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SPHR financial results
In fiscal year 2026 (ended June 30, 2026), Sphere Entertainment reported revenue of $1.2 billion, up 18.8% from the year before. It had net income of $33.4 million, a net profit margin of 2.7%. Diluted earnings per share came to −$0.50. Over five years revenue grew at an average rate of 13.5% a year.
See the SPHR stock overview for the latest quote and news, or the SPHR chart for price history and technical indicators.
SPHR income statement FAQ
What is Sphere Entertainment's annual revenue?
Sphere Entertainment reported total revenue of $1.2 billion for fiscal year 2026, which ended on June 30, 2026. That was up 18.8% from $1.0 billion the previous year.
Is Sphere Entertainment profitable?
Yes. Sphere Entertainment reported net income of $33.4 million in fiscal 2026, a net profit margin of 2.7%; its operating margin was −12.2%.
What is Sphere Entertainment's gross margin?
Sphere Entertainment's gross margin was 51.6% in fiscal 2026: for every $100 of revenue, Sphere Entertainment kept $52 after the direct cost of its products and services.
How fast is Sphere Entertainment growing?
Revenue grew 13.5% a year on average over the last five fiscal years, from $647.5 million to $1.2 billion.
What are Sphere Entertainment's earnings per share?
Sphere Entertainment earned $-0.50 per diluted share in fiscal 2026, compared with $-2.39 a year earlier.
When will Sphere Entertainment report its next earnings?
Sphere Entertainment is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.
When does Sphere Entertainment's fiscal year end?
Sphere Entertainment's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on July 30, 2026.