Growth Metrics

Sphere Entertainment (SPHR) Gross Margin (2019 - 2025)

Sphere Entertainment's Gross Margin history spans 7 years, with the latest figure at 58.57% for Q4 2025.

  • For Q4 2025, Gross Margin changed N/A year-over-year to 58.57%; the TTM value through Dec 2025 reached 51.64%, changed N/A, while the annual FY2025 figure was 51.64%, N/A changed from the prior year.
  • Gross Margin reached 58.57% in Q4 2025 per SPHR's latest filing, up from 47.82% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 114.92% in Q2 2021 to a low of 84.29% in Q4 2021.
  • Average Gross Margin over 5 years is 41.01%, with a median of 44.93% recorded in 2023.
  • The largest YoY upside for Gross Margin was 361650bps in 2021 against a maximum downside of -12948bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 84.29% in 2021, then surged by 151bps to 43.34% in 2022, then surged by 63bps to 70.58% in 2023, then tumbled by -45bps to 38.71% in 2024, then soared by 51bps to 58.57% in 2025.
  • Per Business Quant, the three most recent readings for SPHR's Gross Margin are 58.57% (Q4 2025), 47.82% (Q3 2025), and 53.54% (Q2 2025).