Sphere Entertainment (SPHR)
Operates the Sphere immersive venue and New York regional sports networks.
$139.43
vs last close−2.48 (−1.75%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 314 | 321 | 273 | 228 | 308 | 281 | 283 | 263 | 394 | 386 | 314 |
| Cost of revenue | 84 | 160 | 154 | 150 | 140 | 163 | 158 | 131 | 137 | 163 | 170 | 151 |
| Gross profit | 34 | 154 | 167 | 124 | 88 | 145 | 122 | 151 | 126 | 231 | 217 | 163 |
| 103 | 314 | 208 | 195 | 206 | 288 | 201 | 202 | 184 | 199 | 206 | 224 | |
| 87 | 116 | 123 | 107 | 119 | 140 | 114 | 113 | 100 | 115 | 122 | 139 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 114 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 16 | 199 | 85 | 88 | 87 | 148 | 87 | 88 | 84 | 84 | 84 | 84 |
| Operating income | −70 | −160 | −40 | −71 | −118 | −143 | −79 | −50 | −58 | 32 | 11 | −61 |
| 47 | −21 | −23 | −22 | −21 | −25 | −24 | 324 | −78 | −9 | −11 | −4 | |
| Interest income | 4 | 6 | 8 | 8 | 7 | 4 | 4 | 4 | 3 | 3 | 4 | 5 |
| Interest expense | 0 | 26 | 27 | 27 | 27 | 30 | 26 | 26 | 9 | 9 | 8 | 8 |
| Other non-operating income | −47 | −5 | −4 | −5 | −6 | −178 | −3 | −350 | 69 | 0 | 3 | −4 |
| Income before tax | −23 | −181 | −63 | −93 | −138 | −168 | −102 | 274 | −137 | 22 | 0 | −65 |
| Income tax expense | −90 | −7 | −16 | −22 | −33 | −42 | −20 | 122 | −36 | −42 | −5 | −27 |
| Net income from continuing operations | 67 | −173 | −47 | −71 | −105 | −126 | −82 | 152 | −101 | 65 | 4 | −38 |
| Discontinued operations | −1 | 0 | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 66 | −173 | −47 | −47 | −105 | −126 | −82 | 152 | −101 | 65 | 4 | −38 |
| EPS, basic | $1.90 | −$4.91 | −$1.33 | −$1.31 | −$2.95 | −$3.49 | −$2.27 | $4.18 | −$2.80 | $1.62 | −$0.04 | −$1.07 |
| EPS, diluted | $1.89 | −$4.91 | −$1.33 | −$1.31 | −$2.95 | −$3.49 | −$2.27 | $3.39 | −$2.80 | $1.23 | −$0.04 | −$1.07 |
| Weighted average shares, basic | 35 | 35 | 35 | 35 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Weighted average shares, diluted | 35 | 35 | 35 | 36 | 36 | 36 | 36 | 45 | 36 | 47 | 36 | 36 |
| EBITDA | −9 | −75 | 44 | 16 | −29 | 118 | 8 | 384 | −43 | 116 | 92 | 27 |
| Depreciation & amortization | 14 | 80 | 80 | 82 | 82 | 83 | 84 | 84 | 84 | 84 | 84 | 84 |
| EBIT | −23 | −155 | −36 | −66 | −111 | 35 | −76 | 300 | −127 | 32 | 8 | −57 |
