Sphere Entertainment Co.
SPHRNYSE
$142.62
↑ +2.9%Jul 17 close · end-of-day
Price
1Y↑ +227.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$5.1B
Enterprise Value
$5.3B
P/E
48.0
P/S
3.9
P/B
2.3
EV/EBITDA
27.5
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$1.3B
Net Income (TTM)
$119.8M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
-10.8%
Net Margin
9.0%
ROE
5.3%
ROIC
-4.5%
Debt / Equity
0.4
Net Cash
-$181.3M
Return 1Y
+217.1%
Company profile
Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events. The company also operates 61 entertainment dining and nightlife venues.
- CEO
- James L. Dolan
- Sector
- Services
- Industry
- Entertainment
- Employees
- 10,900
- Headquarters
- New York
- Website
- msgentertainment.com
Earnings
SPHR Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$386.4M↑ +37.7%
Diluted EPS-$0.04↓ -98.2%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $647.5M | $610.1M | $573.8M | $1.0B | $1.2B |
| Gross profit | — | — | — | — | — |
| Operating income | -$188.2M | -$165.7M | -$273.0M | -$341.2M | -$229.6M |
| Net income | -$395.6M | -$190.1M | $505.7M | -$200.6M | $33.4M |
| Diluted EPS | -$4.59 | -$5.77 | $14.40 | -$5.68 | $0.74 |
| Operating cash flow | -$58.7M | $141.3M | $153.6M | -$19.7M | $243.3M |
| Free cash flow | -$514.7M | -$615.4M | — | — | — |
| Gross margin | — | — | — | — | — |
| Operating margin | -29.1% | -27.2% | -47.6% | -33.2% | -18.8% |
| Net margin | -61.1% | -31.2% | 88.1% | -19.5% | 2.7% |
| Line item | Q2 '24 | Q3 '24 | Q '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $273.4M | $227.9M | $308.3M | $280.6M | $282.7M | $262.5M | $394.3M | $386.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$71.4M | -$117.6M | -$142.9M | -$78.6M | -$50.2M | -$129.7M | $28.9M | $7.2M |
| Net income | -$46.6M | -$105.3M | -$126.0M | -$82.0M | $151.8M | -$101.2M | $64.7M | $4.5M |
| Diluted EPS | -$1.31 | -$2.95 | -$3.50 | -$2.27 | $3.39 | -$2.80 | $2.42 | -$0.04 |
| Operating cash flow | -$72.4M | $34.1M | $6.7M | $6.3M | -$59.1M | $115.8M | $180.2M | $136.2M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -26.1% | -51.6% | -46.4% | -28.0% | -17.7% | -49.4% | 7.3% | 1.9% |
| Net margin | -17.0% | -46.2% | -40.9% | -29.2% | 53.7% | -38.5% | 16.4% | 1.2% |
Company news
Jul 14, 2026
Jul 9, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.