Sphere Entertainment (SPHR) EBT Margin (2019 - 2026)

Sphere Entertainment (SPHR) posted EBT Margin of 0.1% for Q1 2026, down 100.14% on a QoQ basis from 69.82% in Q4 2025, and up 3635.0% year-over-year from 0.0% in Q1 2025.

Sphere Entertainment (SPHR) EBT Margin (2019 - 2026) Analysis & Trends

Sphere Entertainment's EBT Margin history runs 8 years deep, the most recent figure standing at 0.1% for Q1 2026.

  • Quarterly EBT Margin rose 3635.0% year-over-year to 0.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.71% (up 3323.0% YoY) and the FY2025 annual result came in at 4.69%, up 6187.0% from the prior year.
  • EBT Margin was 0.1% for Q1 2026 at Sphere Entertainment, down from 69.82% in the prior quarter.
  • Across five years, EBT Margin topped out at 367.7% in Q2 2023 and bottomed at 63.38% in Q1 2023.
  • A 5-year average of 1.05% and a median of 30.35% in 2022 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2023 — EBT Margin jumped 40078 bps — and 2024, when it slumped 39398 bps.
  • Sphere Entertainment's EBT Margin stood at 30.35% in 2022, then sank by 90 bps to 57.52% in 2023, then jumped by 38 bps to 35.8% in 2024, then jumped by 295 bps to 69.82% in 2025, then tumbled by 100 bps to 0.1% in 2026.
  • Business Quant data shows SPHR's EBT Margin at 0.1% in Q1 2026, 69.82% in Q4 2025, and 52.08% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 32.39%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 13.38%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -35.08%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -10.86%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 8.16%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 7.10%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 17.67%
8 Fox 20.85 Bn 17.36 Bn - 5.91%
9 News 16.48 Bn 15.01 Bn - 8.65%
10 Sphere Entertainment 4.78 Bn 4.15 Bn 216.77 Mn -0.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.10%
Dec 31, 2025 69.82%
Sep 30, 2025 -52.08%
Mar 31, 2025 -36.45%
Sep 30, 2024 -35.80%
Jun 30, 2024 -26.28%
Mar 31, 2024 -19.64%
Dec 31, 2023 -57.52%
Sep 30, 2023 -19.67%
Jun 30, 2023 367.70%
Mar 31, 2023 -63.38%
Dec 31, 2022 -30.35%
Sep 30, 2022 -39.09%
Jun 30, 2022 -33.08%
Mar 31, 2022 -8.29%
Dec 31, 2021 5.65%
Sep 30, 2021 -67.55%
Jun 30, 2021 59.11%
Mar 31, 2021 -9.00%
Dec 31, 2020 -35.78%