Sphere Entertainment financials
$134.30−3.19%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q3 '24 Sep 30 | Q4 '24 Jun 30 | Q1 '24 Mar 31 | Q2 '24 Dec 31 | Q1 '24 Sep 30 | Q4 '23 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $313.6M | $386.4M | $394.3M | $262.5M | $282.7M | $280.6M | $227.9M | $204.3M | $321.3M | $314.2M | $321.3M | $129.1M |
| Gross profit | $162.6M | $216.8M | $820.9M | $125.5M | $151.4M | $122.3M | $88.2M | $647.5M | $321.3M | $314.2M | $321.3M | $129.1M |
| Gross margin | 51.8% | 56.1% | 208.2% | 47.8% | 53.5% | 43.6% | 38.7% | 317.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$61.3M | $7.2M | $28.9M | -$129.7M | -$50.2M | -$78.6M | -$117.6M | -$111.9M | -$40.4M | -$159.7M | -$40.4M | -$70.3M |
| Net income | -$38.8M | -$1.6M | $64.7M | -$101.2M | $151.8M | -$82.0M | -$105.3M | -$1.5M | -$47.2M | -$173.2M | -$47.2M | $536.8M |
| Net margin | −12.4% | −0.4% | 16.4% | −38.5% | 53.7% | −29.2% | −46.2% | −0.8% | −14.7% | −55.1% | −14.7% | 415.8% |
| Diluted EPS | $-1.07 | $-0.04 | $1.01 | $-2.80 | $3.39 | $-2.27 | $-2.95 | $-0.04 | $-1.33 | $-4.91 | $-1.33 | $14.96 |
| EBITDA | $32.2M | $106.1M | $128.7M | $47.5M | $44.2M | $15.2M | -$9.7M | $15.4M | $51.9M | -$41.2M | $51.9M | -$58.1M |
| Operating cash flow | -$33.7M | $136.2M | $180.2M | $115.8M | -$59.1M | $6.3M | $34.1M | -$82.3M | $101.0M | — | $101.0M | $15.8M |
| Free cash flow | -$48.1M | $131.4M | $165.0M | $110.8M | -$73.7M | -$11.1M | $15.6M | -$294.3M | $81.6M | — | $81.6M | $15.8M |
| Diluted shares | 36.2M | 35.9M | 64.0M | 36.2M | 44.8M | 36.1M | 35.7M | 34.6M | 35.4M | 35.3M | 35.4M | 35.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $552.0M | $630.2M | $521.3M | $398.3M | $368.9M | $478.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $780.4M | $810.4M | $830.4M | $874.9M | $889.3M | $1.33B |
| Total assets | $4.04B | $4.22B | $4.21B | $4.14B | $4.20B | $4.45B |
| Total liabilities | $1.81B | $1.97B | $1.98B | $1.98B | $1.89B | $2.31B |
| Shareholders' equity | $2.23B | $2.25B | $2.23B | $2.16B | $2.31B | $2.14B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology