Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026)
Sphere Entertainment (SPHR) posted EBITDA Margin of 1.86% for Q1 2026, up 111.8% on a QoQ basis from 15.79% in Q4 2025, and up 2988.0% year-over-year from 0.06% in Q1 2025.
Sphere Entertainment (SPHR) EBITDA Margin (2019 - 2026) Analysis & Trends
Sphere Entertainment's EBITDA Margin history runs 8 years deep, the most recent figure standing at 1.86% for Q1 2026.
- Quarterly EBITDA Margin rose 2988.0% year-over-year to 1.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.9% (up 289.0% YoY) and the FY2025 annual result came in at 18.82%, up 2978.0% from the prior year.
- EBITDA Margin was 1.86% for Q1 2026 at Sphere Entertainment, up from 15.79% in the prior quarter.
- Across five years, EBITDA Margin topped out at 1.86% in Q1 2026 and bottomed at 62.88% in Q1 2023.
- A 5-year average of 33.87% and a median of 31.17% in 2022 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin sank 4968 bps — and 2024, when it jumped 5031 bps.
- Sphere Entertainment's EBITDA Margin stood at 31.17% in 2022, then sank by 63 bps to 50.83% in 2023, then jumped by 45 bps to 27.88% in 2024, then soared by 43 bps to 15.79% in 2025, then jumped by 112 bps to 1.86% in 2026.
- Business Quant data shows SPHR's EBITDA Margin at 1.86% in Q1 2026, 15.79% in Q4 2025, and 49.41% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -42.23% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -27.76% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -9.77% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 9.00% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 4.15% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 21.20% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 8.14% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 9.79% |
| 10 | Sphere Entertainment | 4.78 Bn | 4.15 Bn | 216.77 Mn | 1.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.86% |
| Dec 31, 2025 | -15.79% |
| Sep 30, 2025 | -49.41% |
| 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 | -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% |