Sphere Entertainment Co. income statement
In fiscal 2025, Sphere Entertainment Co. reported revenue of $1.22bn, up 18.8% on the year before, operating income of −$230m (a -18.8% margin) and net income of $33.4m, or $0.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 989 | 1,049 | 1,436 | 648 | 610 | 574 | 1,027 | 1,220 | 1,357 |
| Selling, general and administrative | 273 | 315 | 433 | 424 | 682 | — | — | — | — |
| Operating income | −31 | −46 | 235 | −188 | −166 | −273 | −341 | −230 | −155 |
| Interest expense | 12 | 6 | 37 | 20 | 27 | 0 | 80 | — | — |
| Income before tax | −29 | −20 | 252 | −161 | −168 | 275 | −360 | 57 | −180 |
| Income tax | −31 | 0 | 102 | 39 | −30 | 103 | −136 | 24 | −110 |
| Net income | 7 | −8 | 182 | −148 | −194 | 503 | −201 | 33 | −70 |
| Diluted EPS | $0.29 | −$0.35 | $5.20 | −$4.59 | −$5.77 | $14.40 | −$5.68 | $0.74 | — |
| Diluted shares (average) | 24m | — | 35m | 34m | 34m | 35m | 35m | 45m | — |
| EBITDA | 81 | 64 | 347 | −66 | −41 | −170 | −85 | 107 | 182 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 228 | 308 | 281 | 283 | 263 | 394 | 386 | 314 |
| Selling, general and administrative | 119 | 135 | 114 | 113 | 100 | — | 122 | 139 |
| Operating income | −118 | −143 | −79 | −50 | −130 | 29 | 7 | −61 |
| Interest expense | 27 | 30 | 26 | 26 | 9 | — | 8 | 8 |
| Income before tax | −138 | −168 | −102 | 274 | −137 | 22 | −0 | −65 |
| Income tax | −33 | −42 | −20 | 122 | −36 | −42 | −5 | −27 |
| Net income | −105 | −126 | −82 | 152 | −101 | 65 | 4 | −38 |
| Diluted EPS | −$2.95 | −$3.50 | −$2.27 | $3.39 | −$2.80 | $1.61 | −$0.04 | −$1.07 |
| EBITDA | −36 | −60 | 6 | 34 | −46 | 113 | 92 | 23 |
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