SPHRSphere Entertainment Co.

$157.61

Price

$157.61+281%1Y
1M+18%1Y+281%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Top tier
9/10
Value43
Quality72
Momentum95
Growth90
Strongest Momentum, weakest Value · ranked vs Communication Services peers. The five questions below judge the company on its own terms.
What they do

Sphere Entertainment Co. is a Nevada corporation with its principal executive office at Two Pennsylvania Plaza, New York, NY, 10121. Unless the context otherwise requires, all references to “we,” “us,” “our,” “Sphere Entertainment” or the “Company” refer collectively to Sphere Entertainment Co., a holding company, and its direct and indirect subsidiaries. We conduct substantially all of our business activities discussed in this Annual Report on Form 10-K (this “Form 10-K”) through Sphere Entertainment Group, LLC (“Sphere Entertainment Group”) and MSG Networks Inc. (together with its subsidiaries, “MSG Networks”), and each of their direct and indirect subsidiaries.

In the company’s own words · 10-K filed Feb 12, 2026 · SEC EDGAR

P/E (TTM)-
Market Cap$5.63B
1Y Return+281%
5Y Return+383%

Business segments

Q2 2026 · $225.9M

The company’s own SEC segment disclosure.

  • Ticketing And Venue License Fee$150.2M67%
  • Food Beverage And Merchandise$36.0M16%
  • Sponsorship Signage Exosphere Advertising And Suite Licenses$34.8M15%
  • Product And Service Other$5.0M2%

Sphere Entertainment Co. (SPHR) reported revenue of $314M in Q2 2027 (quarter ended June 30, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 52% and net loss of $38M. For the full year FY2026, revenue was $1.22B (+19% year on year) and net income $33M. Its largest product in 2026-Q2 was Ticketing And Venue License Fee at $150M, 67% of the disclosed total, just ahead of Food Beverage And Merchandise at 16%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.