FY2025 · ended Dec 31, 2025 · Revenue $1.22B, +19.0% YoY · Filed Feb 12, 2026
Sphere Entertainment Co. (SPHR) files with the SEC under industry code 7900, Services-Amusement & Recreation Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.2 billion and net income of $33.4 million. As of Sep 30, 2026 it held $527.2 million in cash and investments and $899.6 million in total debt.
Revenue (TTM)
$1.37B
+24.6% vs year-ago TTM
Net income (TTM)
$-146.00M
-42.6% vs year-ago TTM
Operating cash flow (TTM)
$339.69M
+3748.2% vs year-ago TTM
Free cash flow
$-615.38M
-19.6% vs prior year
EPS (TTM)
$-3.23
-13.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$-372.38M
as of Sep 30, 2026
Operating margin
-19.4%
FY 2026
Company profile
- Industry
- Services-Amusement & Recreation Services (SIC 7900)
- Listed as
- SPHR (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1795250
- Former names
- Madison Square Garden Entertainment Corp. (until Apr 17, 2023); MSG ENTERTAINMENT SPINCO, INC. (until Apr 16, 2020)
Other Services-Amusement & Recreation Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Jun 30, 2024 |
FY 2023 Jun 30, 2023 |
FY 2022 Jun 30, 2022 |
FY 2021 Jun 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $571.2M | $608.2M | $647.5M |
| Operating income | -$229.6M | -$341.2M | — | -$165.7M | -$188.2M |
| Net income | $33.4M | -$200.6M | $502.8M | -$194.4M | -$148.2M |
| Diluted EPS | $0.74 | -$5.68 | $14.40 | -$5.77 | -$4.59 |
| Operating cash flow | $243.3M | -$19.7M | $153.6M | $141.3M | -$58.7M |
| Free cash flow | — | — | — | -$615.4M | -$514.7M |
| Total assets | $4.2B | $4.8B | $5.0B | $5.5B | $5.3B |
| Total liabilities | $2.0B | $2.4B | $2.4B | $3.4B | $3.0B |
| Stockholders' equity | $2.2B | $2.4B | $2.6B | $2.0B | $2.2B |
| Cash and investments | $521.3M | $573.2M | $429.1M | $760.3M | $1.5B |
| Total debt | $961.5M | $1.5B | $1.3B | $1.1B | $2.0B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 8-K |
Current report
Other events
|
Oct 27, 2026 | Oct 26, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 12, 2026 | Jun 10, 2026 |
All 651 Sphere Entertainment Co. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.