Sphere Entertainment (SPHR) Net Margin (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly Net Margin came in at 12.37% in Q2 2026, up 1634.0% on a YoY basis from 0.71% in Q2 2025, and down 2899.87% quarter-over-quarter from 0.41% in Q1 2026.
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Sphere Entertainment (SPHR) Net Margin (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has reported Net Margin for 8 consecutive years, with 12.37% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1634.0% year-over-year to 12.37%; the trailing twelve-month figure through Jun 2026 stood at 33.75% (down 2297.0% YoY), and the FY2025 full-year result was 2.74%, up 4586.0% from the prior year.
- Net Margin slipped to 12.37% in Q2 2026 per SPHR's latest filing, from 0.41% in the prior quarter.
- Across five years, Net Margin topped out at 416.52% in Q2 2023 and bottomed at 102.19% in Q2 2022.
- Historically, Net Margin has averaged 10.7% across 5 years, with a median of 22.06% in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin jumped 51871 bps in 2023, then sank 43644 bps in 2024.
- Over 5 years, Net Margin stood at 105.57% in 2022, then tumbled by 152 bps to 55.15% in 2023, then surged by 56 bps to 24.2% in 2024, then slumped by 59 bps to 38.55% in 2025, then surged by 68 bps to 12.37% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 12.37%, 0.41%, and 38.55% for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 10.15% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -12.37% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 28.23% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -3.95% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -9.84% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | -9.43% |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -30.50% |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 1.02% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 8.79% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -5.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.37% |
| Mar 31, 2026 | -0.41% |
| Sep 30, 2025 | -38.55% |
| Jun 30, 2025 | -28.71% |
| Mar 31, 2025 | -29.21% |
| Sep 30, 2024 | -24.20% |
| Jun 30, 2024 | -19.92% |
| Mar 31, 2024 | -19.57% |
| Dec 31, 2023 | -55.15% |
| Sep 30, 2023 | 56.29% |
| Jun 30, 2023 | 416.52% |
| Mar 31, 2023 | -36.13% |
| Dec 31, 2022 | 105.57% |
| Sep 30, 2022 | -33.93% |
| Jun 30, 2022 | -102.19% |
| Mar 31, 2022 | -6.90% |
| Dec 31, 2021 | 19.89% |
| Sep 30, 2021 | -81.98% |
| Jun 30, 2021 | -28.19% |
| Mar 31, 2021 | -12.06% |