Growth Metrics

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

Sphere Entertainment filings provide 7 years of Gross Margin readings, the most recent being 58.57% for Q4 2025.

  • On a quarterly basis, Gross Margin changed N/A to 58.57% in Q4 2025 year-over-year; TTM through Dec 2025 was 48.65%, a N/A change, with the full-year FY2025 number at 51.64%, down 3095.0% from a year prior.
  • Gross Margin hit 58.57% in Q4 2025 for Sphere Entertainment, up from 47.82% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 272.82% in Q2 2022 to a low of 84.29% in Q4 2021.
  • Median Gross Margin over the past 5 years was 48.24% (2021), compared with a mean of 65.83%.
  • Biggest five-year swings in Gross Margin: surged 371737bps in 2021 and later tumbled -13544bps in 2023.
  • Sphere Entertainment's Gross Margin stood at 84.29% in 2021, then skyrocketed by 185bps to 71.88% in 2022, then plummeted by -32bps to 49.14% in 2023, then dropped by -21bps to 38.71% in 2024, then soared by 51bps to 58.57% in 2025.
  • The last three reported values for Gross Margin were 58.57% (Q4 2025), 47.82% (Q3 2025), and 43.57% (Q1 2025) per Business Quant data.