Sphere Entertainment (SPHR) EBIT Margin (2019 - 2026)
Sphere Entertainment's EBIT Margin was -19.53% in Q2 2026, down 21.40 percentage points from the prior quarter.
Sphere Entertainment (SPHR) EBIT Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sphere Entertainment's EBIT Margin was 5.85% through Jun 30, 2026; for FY2025, it was -18.82%, up 29.78 percentage points from FY2024.
- EBIT Margin shows a five-year change of -35.20 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was -48.59% in FY2024, -47.58% in FY2023 (-30.75 pp), -16.83% in FY2022 (+12.23 pp) and -29.07% in FY2021 (-45.45 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 19.59% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | -3.33% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 11.53% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 11.32% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | 17.14% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 23.39% |
| 10 | Sphere Entertainment | 4.99 Bn | 2.89 Bn | 162.58 Mn | -19.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.53% |
| Mar 31, 2026 | 1.86% |
| Dec 31, 2025 | 3.92% |
| Sep 30, 2025 | -49.41% |
| Jun 30, 2025 | -17.74% |
| 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% |
Sphere Entertainment EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "SPHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();