Sphere Entertainment (SPHR) FCF Margin (2019 - 2026)
Sphere Entertainment (SPHR) reported FCF Margin of -15.35% for Q2 2026, down 49.34 percentage points from the prior quarter.
Powered by 
Analysis
Sphere Entertainment (SPHR) FCF Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sphere Entertainment's FCF Margin came in at -2.54%; for FY2025, it was 15.66%, up 17.17 percentage points from FY2024.
- FCF Margin has a five-year change of +25.90 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -1.51% in FY2024, -157.78% in FY2023 (-56.91 pp), -100.87% in FY2022 (-21.38 pp) and -79.49% in FY2021 (-69.24 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 11.10% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | 7.40% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | 8.07% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 20.67% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | -6.20% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 18.25% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 7.13% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | 10.16% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | - |
| 10 | Sphere Entertainment | 4.99 Bn | 2.89 Bn | 162.58 Mn | -15.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.35% |
| Mar 31, 2026 | 33.99% |
| Dec 31, 2025 | 38.47% |
| Mar 31, 2025 | -3.97% |
| Sep 30, 2024 | 6.83% |
| Mar 31, 2024 | 25.38% |
| Dec 31, 2023 | -6.09% |
| Sep 30, 2023 | -219.98% |
| Jun 30, 2023 | -215.88% |
| Mar 31, 2023 | -75.80% |
| Dec 31, 2022 | -95.63% |
| Sep 30, 2022 | -285.29% |
| Jun 30, 2022 | -146.75% |
| Mar 31, 2022 | -136.84% |
| Dec 31, 2021 | -31.11% |
| Sep 30, 2021 | -92.09% |
| Jun 30, 2021 | -29.16% |
| Mar 31, 2021 | -53.18% |
| Dec 31, 2020 | -68.31% |
| Sep 30, 2020 | -122.56% |
API Access
Sphere Entertainment FCF 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=fcf-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();