Sphere Entertainment SPHR
NYSE SPHR
$142.43 +0.01 (+0.01%)
As of: Sep 8, 2026 · 3:59 PM EDT

Sphere Entertainment (SPHR) EBIT Margin (2019 - 2026)

Sphere Entertainment's (SPHR) quarterly EBIT Margin came in at 19.53% in Q2 2026, up 1883.0% on a YoY basis from 0.99% in Q2 2025, and down 1147.99% quarter-over-quarter from 1.86% in Q1 2026.

Analysis

Sphere Entertainment (SPHR) EBIT Margin (2019 - 2026) Analysis & Trends

Sphere Entertainment (SPHR) has reported EBIT Margin for 8 consecutive years, with 19.53% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBIT Margin rose 1883.0% year-over-year to 19.53%; the trailing twelve-month figure through Jun 2026 stood at 5.85% (up 2416.0% YoY), and the FY2025 full-year result was 18.82%, up 2978.0% from the prior year.
  • EBIT Margin slipped to 19.53% in Q2 2026 per SPHR's latest filing, from 1.86% in the prior quarter.
  • Across five years, EBIT Margin topped out at 1.86% in Q1 2026 and bottomed at 62.88% in Q1 2023.
  • Historically, EBIT Margin has averaged 34.38% across 5 years, with a median of 34.77% in 2022.
  • The sharpest annual moves came in 2023 and 2024: EBIT Margin tumbled 4968 bps in 2023, then surged 5031 bps in 2024.
  • Over 5 years, EBIT Margin stood at 31.17% in 2022, then sank by 63 bps to 50.83% in 2023, then jumped by 45 bps to 27.88% in 2024, then plunged by 77 bps to 49.41% in 2025, then jumped by 60 bps to 19.53% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 19.53%, 1.86%, and 49.41% for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Madison Square Garden Sports 9.43 Bn 9.27 Bn 119.21 Mn 11.53%
2 Sphere Entertainment 5.15 Bn 4.60 Bn 162.58 Mn -19.53%
3 Vail Resorts 4.74 Bn 4.36 Bn - 41.00%
4 Atlanta Braves Holdings 3.58 Bn 3.40 Bn 53.08 Mn -6.08%
5 Manchester United 3.54 Bn 3.45 Bn 209.64 Mn 2.69%
6 Lucky Strike Entertainment 793.15 Mn 753.79 Mn 199.97 Mn 3.16%
7 Seaport Entertainment 336.56 Mn 218.77 Mn 18.12 Mn -32.38%
8 Dave & Buster's Entertainment 303.28 Mn 283.68 Mn 372.50 Mn 8.39%
9 Rci Hospitality Holdings 221.02 Mn 194.61 Mn - 17.54%
10 Aureus Greenway Holdings 181.97 Mn 139.22 Mn - -107.76%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.53%
Mar 31, 2026 1.86%
Sep 30, 2025 -49.41%
Jun 30, 2025 -38.36%
Mar 31, 2025 -28.02%
Sep 30, 2024 -27.88%
Jun 30, 2024 -18.79%
Mar 31, 2024 -12.57%
Dec 31, 2023 -50.83%
Sep 30, 2023 -59.14%
Jun 30, 2023 -54.49%
Mar 31, 2023 -62.88%
Dec 31, 2022 -31.17%
Sep 30, 2022 -41.46%
Jun 30, 2022 -44.26%
Mar 31, 2022 -13.20%
Dec 31, 2021 -18.21%
Sep 30, 2021 -37.06%
Jun 30, 2021 -16.88%
Mar 31, 2021 -18.08%