← Russell 3000 cross-section

SPHR Sphere Entertainment Co.

Trailing twelve months to 2026-06-30 · as filed 2026-07-30, not restated
Consumer Disc

Scale

Market cap
$5.7bn
Revenue TTM
$1.4bn
Net income TTM
$-70m
Free cash flow
Composite score
Sector rank
#995

Valuation

P / E
EV / EBITDA
32.5
EV / sales
4.4
FCF yield
Earnings yield vs 10-yr
-5.95pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-5.2%
EBITDA margin
13.4%
ROE
-3.2%
ROIC
-6.5%
Revenue growth
23.4%

Insider activity, last 90 days

Net open-market
$0.00m
Buyers
0
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The following is a summary of changes in our segments’ operating results for the three and six months ended June 30, 2026 as compared to the three and six months ended June 30, 2025, which are discussed below under “—Business Segment Results.” Depreciation and amortization For the three and six months ended June 30, 2026, depreciation and amortization increased $401 and $539, respectively, as compared to the prior year periods due to the increase in total property and equipment, gross in 2026 as compared to 2025. …Sphere Entertainment Co., 10-Q, period ended 2026-06-30, filed 2026-07-30

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