Sphere Entertainment reported third-quarter 2026 revenue of $274.3 million, up 4% from the prior year quarter, with Sphere segment revenue up 14% and MSG Networks revenue down 15%. The operating loss widened to $240.6 million, driven by a $177.6 million non-cash goodwill impairment at MSG Networks, and the net loss was $176.0 million, or $4.84 per share, compared with a $3.47 per share loss a year earlier.
Revenue: $274.3 million, up $11.7 million or 4%; Sphere segment $198.9 million (up 14%), MSG Networks $75.4 million (down 15%)
Operating loss: $240.6 million, versus $163.1 million a year earlier, including a $177.6 million goodwill impairment at MSG Networks
Adjusted operating income: $39.2 million, up $2.8 million or 8%
Net loss: $176.0 million, or $4.84 per share, versus $125.7 million or $3.47 per share a year earlier
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Sphere Entertainment's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$1.22B
+19.0%
$0.18
—
0.7%
FY2024
$1.02B
+79.2%
$-5.68
-139.4%
-19.6%
FY2023
$571.22M
-6.1%
$14.40
—
88.0%
FY2022
$608.15M
-23.0%
$-5.77
—
-32.0%
FY2021
$789.89M
-45.0%
$-4.59
-188.3%
-18.8%
Frequently asked questions
When is Sphere Entertainment's next earnings date?
Sphere Entertainment has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Sphere Entertainment earn last quarter?
For the quarter ended Sep 2026, Sphere Entertainment reported diluted EPS of $-4.84 on revenue of $274.21M (+4.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.