The call demonstrated strong growth and expansion plans, particularly in the Sphere segment and new projects like Sphere Abu Dhabi and The Wizard of Oz. However, challenges such as a drop in MSG Networks revenues, lower revenues from Sphere Experience, and concerns over Las Vegas visitation pose significant hurdles.

Company Guidance

During Sphere Entertainment's second quarter 2025 earnings call, the company provided guidance on several key metrics. They reported total company revenues of $282.7 million and an adjusted operating income (AOI) of $61.5 million for the June quarter. The Sphere segment alone generated $175.6 million in revenues, up from $151.2 million the previous year, driven by increased event-related revenues and additional shows. The company is focused on expanding its global network, with plans for Sphere venues in Abu Dhabi and other international markets. They have also sold over 120,000 tickets for their new experience, "The Wizard of Oz at Sphere," and expect to reach 200,000 by its opening. Sphere is on track to host over 100 concerts this year, up from 70 in 2024, and is building a recurring revenue base through corporate events and a new multiyear sponsorship deal. MSG Networks generated $107.1 million in revenues and $36.5 million in AOI for the quarter, with a completed restructuring of its credit facilities. The company remains optimistic about the long-term growth potential of its Sphere segment and is exploring strategic options for MSG Networks.

Increase in Total Company Revenues

Sphere Entertainment generated total company revenues of $282.7 million, which is an increase from the prior year period.

Growth in Sphere Segment Revenue

The Sphere segment generated revenues of $175.6 million, up from $151.2 million in the prior year period, driven by an increase in event-related revenues and additional residency shows.

Successful Ticket Sales for The Wizard of Oz

Over 120,000 tickets have been sold for The Wizard of Oz at Sphere, with expectations to reach 200,000 by the opening.

Expansion Plans for Sphere Abu Dhabi

Agreements related to the construction and operation of Sphere Abu Dhabi have been entered into, with preconstruction phase finalizations ongoing.

Successful Debt Restructuring

MSG Networks completed restructuring of its credit facilities, replacing a prior $804 million term loan with a new $210 million term loan facility.

Decrease in SG&A Expenses

SG&A expenses for the June quarter decreased by $5.7 million year-over-year.

Sphere Entertainment (SPHR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SPHR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2026 (Q1)	- / -	―	―	―	―
Aug 15, 2025	2025 (Q4)	-1.43 / -	-2	―	―	―
Aug 11, 2025	2025 (Q2)	-1.43 / 3.39	-2	269.50% (+5.39)	―
May 07, 2025	2025 (Q3)	-2.18 / -2.27	-1.33	-70.68% (-0.94)	―	―
Mar 03, 2025	2025 (Q5)	- / -	-4.91	―	―	―
Nov 12, 2024	2025 (Q1)	- / -2.95	1.89	-256.19% (-4.84)	―
Aug 14, 2024	2024 (Q4)	-2.04 / -2.00	10.21	-119.59% (-12.21)	―
May 10, 2024	2024 (Q3)	-0.20 / -1.33	-1.64	18.90% (+0.31)	―
Feb 05, 2024	2024 (Q2)	-0.32 / -4.91	0.9	-645.56% (-5.81)	―
Nov 08, 2023	2024 (Q1)	-1.40 / 1.89	-0.6	415.00% (+2.49)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SPHR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 15, 2025	$39.38	$39.87	+1.24%
Aug 11, 2025	$40.29	$38.70	-3.95%
May 07, 2025	$28.99	$29.78	+2.73%
Mar 03, 2025	$43.63	$37.69	-13.61%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sphere Entertainment (SPHR) report earnings?

Sphere Entertainment (SPHR) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Sphere Entertainment (SPHR) earnings time?

Sphere Entertainment (SPHR) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SPHR EPS forecast?

Currently, no data Available

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