Sphere Entertainment Co.
Sphere Entertainment Co. (NYSE: SPHR) operates businesses in immersive entertainment and regional sports media through its Sphere and MSG Networks reportable segments. Sphere is a venue and experiential platform combining large-format LED displays, immersive audio and multisensory effects for original productions,… From the company’s description.
In fiscal 2025, Sphere Entertainment Co. reported revenue of $1.22B, up 18.8% from fiscal 2024, and net income of $33.41M. Its operating margin was −18.8%, and operations generated $243.35M in cash. Over the twelve months to Jun 30, 2026, revenue was $1.36B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Sphere Entertainment Co. does
In the company’s own words
Sphere Entertainment Co. (NYSE: SPHR) operates businesses in immersive entertainment and regional sports media through its Sphere and MSG Networks reportable segments. Sphere is a venue and experiential platform combining large-format LED displays, immersive audio and multisensory effects for original productions, concerts, residencies, sporting events, brand events, advertising and hospitality. Its Las Vegas venue accommodates up to 20,000 guests, and Sphere Studios develops original content and provides production services. The company is pursuing additional venues, including projects in Abu Dhabi and Maryland. MSG Networks operates MSG Network and MSG Sportsnet, which distribute regional sports and entertainment programming to viewers, advertisers and cable, satellite and other distributors. Its content includes local games and programming for the Knicks, Rangers, Islanders, Devils and Sabres, alongside coverage of the Giants and Bills. MSG+ offers direct-to-consumer and authenticated streaming, and is included in the Gotham Sports product. In November 2025, the networks had an average combined reach of approximately 2.9 million viewing subscribers in their regional territory. The company also holds investments in entertainment and technology businesses.
Company details
- Sector
- Communication Services
- Industry (SIC)
- Services
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1795250
- SIC
- 7900
Financial performance, year by year
Fiscal 2019–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Sphere Entertainment Co. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Sphere Entertainment Co. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Sphere Entertainment Co.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Sphere Entertainment Co.’s bonds, as funds hold them
Funds report holding 1 issues of Sphere Entertainment Co.’s debt, $79.11M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.50%, maturing 2028 to 2028.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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