Sphere Entertainment (SPHR) Tax Rate (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly Tax Rate came in at 41.26% in Q2 2026, down 211.0% on a YoY basis from 37.17% in Q2 2025, and down 96.75% quarter-over-quarter from 1270.6% in Q1 2026.
Analysis
Sphere Entertainment (SPHR) Tax Rate (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has reported Tax Rate for 8 consecutive years, with 41.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 211.0% year-over-year to 41.26%; the trailing twelve-month figure through Jun 2026 stood at 71.43% (up 6799.0% YoY), and the FY2025 full-year result was 41.61%, up 1704.0% from the prior year.
- Tax Rate fell to 41.26% in Q2 2026 per SPHR's latest filing, from 1270.6% in the prior quarter.
- Across five years, Tax Rate topped out at 1270.6% in Q1 2026 and bottomed at 48.61% in Q1 2022.
- Historically, Tax Rate has averaged 113.92% across 5 years, with a median of 21.95% in 2024.
- The sharpest annual moves came in 2024 and 2026: Tax Rate tumbled 36488 bps in 2024, then jumped 125073 bps in 2026.
- Over 5 years, Tax Rate stood at 3.09% in 2022, then jumped by 34 bps to 4.13% in 2023, then jumped by 482 bps to 24.04% in 2024, then gained by 8 bps to 25.98% in 2025, then surged by 59 bps to 41.26% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 41.26%, 1270.6%, and 25.98% for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 15.96% |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | 41.26% |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 23.69% |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | 9.35% |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -22.59% |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 32.28% |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | - |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 43.00% |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 24.68% |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | 65.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.26% |
| Mar 31, 2026 | 1,270.60% |
| Sep 30, 2025 | 25.98% |
| Jun 30, 2025 | 43.37% |
| Mar 31, 2025 | 19.87% |
| Sep 30, 2024 | 24.04% |
| Jun 30, 2024 | 24.21% |
| Mar 31, 2024 | 0.37% |
| Dec 31, 2023 | 4.13% |
| Sep 30, 2023 | 388.92% |
| Jun 30, 2023 | 24.24% |
| Mar 31, 2023 | -10.99% |
| Dec 31, 2022 | 3.09% |
| Sep 30, 2022 | -6.04% |
| Jun 30, 2022 | 18.29% |
| Mar 31, 2022 | -48.61% |
| Dec 31, 2021 | 44.74% |
| Sep 30, 2021 | 19.79% |
| Jun 30, 2021 | -46.13% |
| Mar 31, 2021 | -34.00% |