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| Date | Value |
|---|---|
| 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% |