Growth Metrics

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

Sphere Entertainment (SPHR) has disclosed Operating Margin for 7 consecutive years, with 40.76% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 2988.0% year-over-year to 40.76%, compared with a TTM value of 11.67% through Dec 2025, up 3692.0%, and an annual FY2025 reading of 18.82%, changed N/A over the prior year.
  • Operating Margin was 40.76% for Q4 2025 at Sphere Entertainment, up from 28.02% in the prior quarter.
  • Across five years, Operating Margin topped out at 239.23% in Q2 2021 and bottomed at 62.88% in Q1 2023.
  • Average Operating Margin over 5 years is 14.34%, with a median of 29.6% recorded in 2022.
  • The sharpest move saw Operating Margin soared 18104bps in 2021, then plummeted -28349bps in 2022.
  • Year by year, Operating Margin stood at 18.21% in 2021, then plummeted by -71bps to 31.17% in 2022, then plummeted by -63bps to 50.83% in 2023, then soared by 121bps to 10.88% in 2024, then surged by 275bps to 40.76% in 2025.
  • Business Quant data shows Operating Margin for SPHR at 40.76% in Q4 2025, 28.02% in Q1 2025, and 10.88% in Q4 2024.