Sphere Entertainment (SPHR) FCF Margin (2019 - 2026)
Sphere Entertainment (SPHR) posted FCF Margin of 34.94% for Q1 2026, down 27.53% on a QoQ basis from 48.22% in Q4 2025, and up 3327.0% year-over-year from 1.02% in Q1 2025.
Sphere Entertainment (SPHR) FCF Margin (2019 - 2026) Analysis & Trends
Sphere Entertainment's FCF Margin history runs 8 years deep, the most recent figure standing at 34.94% for Q1 2026.
- Quarterly FCF Margin rose 3327.0% year-over-year to 34.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.56% (up 2060.0% YoY) and the FY2025 annual result came in at 19.58%, up 1397.0% from the prior year.
- FCF Margin was 34.94% for Q1 2026 at Sphere Entertainment, down from 48.22% in the prior quarter.
- Across five years, FCF Margin topped out at 81.77% in Q4 2022 and bottomed at 727.51% in Q2 2023.
- A 5-year average of 79.4% and a median of 5.1% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin sank 60492 bps — and 2024, when it jumped 73130 bps.
- Sphere Entertainment's FCF Margin stood at 81.77% in 2022, then sank by 89 bps to 9.18% in 2023, then sank by 30 bps to 6.4% in 2024, then surged by 653 bps to 48.22% in 2025, then dropped by 28 bps to 34.94% in 2026.
- Business Quant data shows SPHR's FCF Margin at 34.94% in Q1 2026, 48.22% in Q4 2025, and 1.67% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 12.14% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 19.63% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -5.35% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 53.52% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 10.97% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 16.32% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 42.24% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 44.24% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 18.26% |
| 10 | Sphere Entertainment | 4.78 Bn | 4.15 Bn | 216.77 Mn | 34.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.94% |
| Dec 31, 2025 | 48.22% |
| Mar 31, 2025 | 1.67% |
| Sep 30, 2024 | 6.40% |
| Jun 30, 2024 | 3.79% |
| Mar 31, 2024 | 28.72% |
| Dec 31, 2023 | 9.18% |
| Sep 30, 2023 | -219.98% |
| Jun 30, 2023 | -727.51% |
| Mar 31, 2023 | 48.07% |
| Dec 31, 2022 | 81.77% |
| Sep 30, 2022 | -285.29% |
| Jun 30, 2022 | -122.59% |
| Mar 31, 2022 | -18.97% |
| Dec 31, 2021 | 62.40% |
| Sep 30, 2021 | -6.41% |
| Jun 30, 2021 | -29.16% |
| Mar 31, 2021 | -11.65% |
| Dec 31, 2020 | -68.31% |
| Sep 30, 2020 | -101.63% |