Growth Metrics

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

Sphere Entertainment posted quarterly FCF Margin of 33.99% for Q1 2026, up 3796.0% year-on-year from 0.87% in Q1 2025, and down 24.5% on a QoQ basis from 45.02% in Q4 2025.

Sphere Entertainment (SPHR) has 8 years of FCF Margin data on file, last reported at 33.99% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 3796.0% year-over-year to 33.99%; the trailing twelve-month figure through Mar 2026 stood at 23.33% (up 2089.0% YoY), and the FY2025 full-year result was 19.58%, up 2109.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 33.99%, down from 45.02% in the prior quarter.
  • Across five years, FCF Margin topped out at 82.61% in Q4 2022 and bottomed at 215.88% in Q2 2023.
  • The 5-year median for FCF Margin is 7.54% (2024), against an average of 26.9%.
  • The widest annual swing landed in 2022, when FCF Margin plunged 9343 bps; it then jumped 22413 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 82.61% in 2022, then slumped by 89 bps to 9.18% in 2023, then retreated by 26 bps to 6.83% in 2024, then surged by 559 bps to 45.02% in 2025, then decreased by 25 bps to 33.99% in 2026.
  • The last three FCF Margin figures came in at 33.99% (Q1 2026), 45.02% (Q4 2025), and 3.97% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 41.59%
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 19.63%
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -5.35%
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 53.52%
5 Fox 26.01 Bn 22.51 Bn - 44.24%
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 47.40%
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 15.91%
8 News 16.98 Bn 15.50 Bn - 18.26%
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 42.24%
10 Sphere Entertainment 5.26 Bn 4.63 Bn 216.77 Mn 33.99%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 33.99%
Dec 31, 2025 45.02%
Mar 31, 2025 -3.97%
Sep 30, 2024 6.83%
Jun 30, 2024 8.25%
Mar 31, 2024 28.72%
Dec 31, 2023 9.18%
Sep 30, 2023 -183.92%
Jun 30, 2023 -215.88%
Mar 31, 2023 49.29%
Dec 31, 2022 82.61%
Sep 30, 2022 -95.16%
Jun 30, 2022 -122.59%
Mar 31, 2022 -18.97%
Dec 31, 2021 62.40%
Sep 30, 2021 -92.09%
Jun 30, 2021 -29.16%
Mar 31, 2021 -11.65%
Dec 31, 2020 -68.31%
Sep 30, 2020 -122.56%
Jun 30, 2020 1,855.83%
Mar 31, 2020 -48.40%
Dec 31, 2019 0.32%
Sep 30, 2019 -59.30%
Jun 30, 2019 -6.16%