Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly EBITDA 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.
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Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has reported EBITDA Margin for 8 consecutive years, with 19.53% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA 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.
- EBITDA Margin slipped to 19.53% in Q2 2026 per SPHR's latest filing, from 1.86% in the prior quarter.
- Across five years, EBITDA Margin topped out at 1.86% in Q1 2026 and bottomed at 59.14% in Q3 2023.
- Historically, EBITDA Margin has averaged 30.54% across 5 years, with a median of 27.95% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin plunged 4748 bps in 2023, then surged 3660 bps in 2024.
- Over 5 years, EBITDA Margin stood at 15.49% in 2022, then tumbled by 228 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, EBITDA 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) | EBITDA 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 | -1.65% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -0.10% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 12.46% |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -49.17% |
| Dec 31, 2022 | -15.49% |
| Sep 30, 2022 | -20.91% |
| Jun 30, 2022 | -44.26% |
| Mar 31, 2022 | -1.69% |
| Dec 31, 2021 | -1.98% |
| Sep 30, 2021 | -19.30% |
| Jun 30, 2021 | -16.88% |
| Mar 31, 2021 | -7.95% |