SuperworthSphere Entertainment profit margin SPHR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- −5.2%
- Operating margin, 12 months
- −11.4%
- Net margin on a year earlier
- +9.5 pts
- Peer median
- 7.2%
Over the twelve months to Jun 30, 2026, Sphere Entertainment kept −5.2% of its revenue as net profit, with an operating margin of −11.4%.
Five years earlier its net margin was −18.2%.
The median for 10 entertainment stocks of a similar size is 7.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 2.7% | −18.8% |
| FY2024 | −19.5% | −33.2% |
| FY2024 | −28.7% | −32.9% |
| FY2023 | 87.6% | −47.6% |
| FY2022 | −31.9% | −16.8% |
| FY2021 | −18.2% | −23.1% |
| FY2020 | 2.3% | −7.8% |
| FY2019 | −1.7% | −4.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −5.2% | +9.5 pts | −11.4% | |
| Q1 FY26 | 9.0% | +42.0 pts | −10.8% | |
| Q4 FY25 | 2.7% | +22.3 pts | −18.8% | |
| Q3 FY25 | −13.9% | −57.2 pts | −35.4% | |
| Q2 FY25 | −14.7% | −66.3 pts | −35.4% | |
| Q1 FY25 | −33.0% | n/a | −37.7% | |
| Q4 FY24 | −28.7% | −116.4 pts | −32.9% | |
| Q2 FY24 | −32.8% | −16.7 pts | −34.2% | |
| Q4 FY24 | −19.5% | −107.2 pts | −33.2% | |
| Q3 FY24 | 43.4% | +66.3 pts | −38.5% | |
| Q2 FY24 | 51.6% | +67.6 pts | −55.5% | |
| Q1 FY24 | n/a | n/a | −51.3% |
Against its peers
Companies in Entertainment nearest Sphere Entertainment's size, closest first, today.
| Company | Profit margin |
|---|---|
| SPHRSphere Entertainment | −5.2% |
| RSIRush Street Interactive | 2.3% |
| MSGEMadison Square Garden Entertainment | 6.2% |
| CNKCinemark | 6.4% |
| NXSTNexstar Media | 3.2% |
| MTNVail Resorts | 5.2% |
| CHDNChurchill Downs | 13.8% |
| ADEAAdeia | 26.1% |
| PRSUPursuit Attractions & Hospitality | 7.9% |
| PRKSUnited Parks & Resorts | 8.1% |
| WMGWarner Music | 9.2% |
| Peer median | 7.2% |
Where Sphere Entertainment ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Sphere Entertainment
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.