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

Sphere Entertainment (SPHR) reported EBIT Margin of 1.86% for Q1 2026, up 2988.0% on a YoY basis from 0.06% in Q1 2025, and down 74.59% quarter-over-quarter from 7.34% in Q4 2025.

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

Sphere Entertainment has reported EBIT Margin for 8 years, with the latest figure at 1.86% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin rose 2988.0% year-over-year to 1.86%; the trailing twelve-month figure through Mar 2026 stood at 13.01% (up 1491.0% YoY), and the FY2025 full-year result was 18.82%, up 2978.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 1.86%, down from 7.34% in the prior quarter.
  • The five-year high for EBIT Margin was 7.34% in Q4 2025, with the low at 62.88% in Q1 2023.
  • Historically, EBIT Margin has averaged 34.4% across 5 years, with a median of 41.46% in 2022.
  • Annual changes were most pronounced in 2023 — EBIT Margin slumped 4968 bps — and 2024, when it jumped 5031 bps.
  • Sphere Entertainment's EBIT Margin stood at 31.17% in 2022, then tumbled by 63 bps to 50.83% in 2023, then slipped by 2 bps to 51.61% in 2024, then soared by 114 bps to 7.34% in 2025, then slumped by 75 bps to 1.86% in 2026.
  • The last three EBIT Margin figures came in at 1.86% (Q1 2026), 7.34% (Q4 2025), and 49.41% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 32.30%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 9.16%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -27.76%
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -9.77%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 9.00%
7 Fox 20.41 Bn 16.92 Bn - 5.91%
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 4.15%
9 News 15.92 Bn 14.45 Bn - 8.65%
10 Sphere Entertainment 5.66 Bn 5.03 Bn 216.77 Mn 1.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.86%
Dec 31, 2025 7.34%
Sep 30, 2025 -49.41%
Mar 31, 2025 -28.02%
Sep 30, 2024 -51.61%
Jun 30, 2024 -26.11%
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%
Dec 31, 2020 -27.74%