Sphere Entertainment (SPHR) EBIT (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly EBIT came in at -$61.3 million in Q2 2026, down 129.41% on a YoY basis from $208.3 million in Q2 2025, and down 950.62% quarter-over-quarter from $7.2 million in Q1 2026.
Analysis
Sphere Entertainment (SPHR) EBIT (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has reported EBIT for 8 consecutive years, with -$61.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT fell 129.41% year-over-year to -$61.3 million; the trailing twelve-month figure through Jun 2026 stood at $24.5 million (up 111.61% YoY), and the FY2025 full-year result was -$229.6 million, up 11.9% from the prior year.
- EBIT declined to -$61.3 million in Q2 2026 per SPHR's latest filing, from $7.2 million in the prior quarter.
- Across five years, EBIT topped out at $208.3 million in Q2 2025 and bottomed at -$229.4 million in Q3 2024.
- Historically, EBIT has averaged -$63.9 million across 5 years, with a median of -$65.8 million in 2022.
- The sharpest annual moves came in 2023 and 2025: EBIT slumped 359.28% in 2023, then surged 286.39% in 2025.
- Over 5 years, EBIT stood at -$49.7 million in 2022, then plunged by 221.07% to -$159.7 million in 2023, then plunged by 43.65% to -$229.4 million in 2024, then jumped by 43.45% to -$129.7 million in 2025, then soared by 52.77% to -$61.3 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$61.3 million, $7.2 million, and -$129.7 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 32.15 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -61.26 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 494.13 Mn |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -18.54 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | 6.88 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 9.59 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -11.10 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 46.90 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 12.97 Mn |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -763,469.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -61.26 Mn |
| Mar 31, 2026 | 7.20 Mn |
| Sep 30, 2025 | -129.72 Mn |
| Jun 30, 2025 | 208.33 Mn |
| Mar 31, 2025 | -78.61 Mn |
| Sep 30, 2024 | -229.39 Mn |
| Jun 30, 2024 | -111.77 Mn |
| Mar 31, 2024 | -40.39 Mn |
| Dec 31, 2023 | -159.68 Mn |
| Sep 30, 2023 | -69.79 Mn |
| Jun 30, 2023 | -70.35 Mn |
| Mar 31, 2023 | -101.91 Mn |
| Dec 31, 2022 | -49.74 Mn |
| Sep 30, 2022 | -51.06 Mn |
| Jun 30, 2022 | -61.85 Mn |
| Mar 31, 2022 | -22.19 Mn |
| Dec 31, 2021 | -29.28 Mn |
| Sep 30, 2021 | -52.42 Mn |
| Jun 30, 2021 | -43.99 Mn |
| Mar 31, 2021 | -38.74 Mn |