Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026)
Sphere Entertainment (SPHR) reported EBITDA Margin of 7.35% for Q2 2026, down 16.35 percentage points from the prior quarter.
Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sphere Entertainment's EBITDA Margin came in at 25.98%; for FY2025, it came in at 8.76%, up 26.54 percentage points from FY2024.
- EBITDA Margin has a five-year change of -15.43 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at -17.78% in FY2024, -29.57% in FY2023 (-33.16 pp), 3.60% in FY2022 (+13.82 pp) and -10.23% in FY2021 (-34.41 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 19.44% |
| 10 | Sphere Entertainment | 4.99 Bn | 2.89 Bn | 162.58 Mn | 7.35% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.35% |
| Mar 31, 2026 | 23.70% |
| Dec 31, 2025 | 24.06% |
| Sep 30, 2025 | -17.38% |
| Jun 30, 2025 | 11.94% |
| Mar 31, 2025 | 2.00% |
| Sep 30, 2024 | -15.67% |
| Jun 30, 2024 | 4.01% |
| Mar 31, 2024 | 12.28% |
| Dec 31, 2023 | -25.35% |
| Sep 30, 2023 | -47.06% |
| Jun 30, 2023 | -43.54% |
| Mar 31, 2023 | -44.11% |
| Dec 31, 2022 | -12.96% |
| Sep 30, 2022 | -17.30% |
| Jun 30, 2022 | -18.48% |
| Mar 31, 2022 | 3.84% |
| Dec 31, 2021 | 0.78% |
| Sep 30, 2021 | -16.25% |
| Jun 30, 2021 | -6.02% |
Sphere Entertainment EBITDA 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=ebitda-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();