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Sphere Entertainment SPHR Business Segments

FY'25FY'24FY'23FY'22
Total revenues from contracts with customers by Business
MSG Networks$438.63M-17.2%$529.73M-7.3%$571.22M-6.1%$608.16M-6.1%
Sphere$781.41M+57.2%$497.16M
Revenues from subleases by Business
MSG Networks$0$0$0
Sphere$1.82M-39.8%$3.03M+16.0%$2.61M
Operating Income (Loss) by Business
MSG Networks$38.59M+240%-$27.58M-129%$96.51M-36.5%$151.9M-44.9%
Sphere-$268.16M+44.2%-$480.38M-18.7%-$404.71M
Adjusted Operating Income (Loss) by Business
MSG Networks$117.26M-17.6%$142.27M-16.3%$169.89M-17.8%$206.7M-32.3%
Sphere$144.56M+633%-$27.1M+90.7%-$292.41M
Other segment expenses by Business
MSG Networks$76M+15.8%$65.62M+467%$11.57M
Sphere$341.71M-9.9%$379.2M+826%$40.96M
Impairment And Other Gain (Loss), Net by Business
MSG Networks-$65.4M-6.9%-$61.2M
Sphere-$4.38M+96.5%-$125.51M$245K
Other direct operating expenses by Business
MSG Networks$0$0$0
Sphere$28.11M+58.8%$17.7M+219%$5.55M
Interest Payments by Business
LV Sphere$25.19M
MSG Networks$45.4M
Share-based compensation expense by Business
MSG Networks-$1.34M-120%$6.82M+6.3%$6.42M-62.4%$17.09M-3.3%
Sphere$60.27M+48.8%$40.51M+12.0%$36.19M
Goodwill by Business
MSG Networks$1.32B-19.2%$1.64B-3.6%$1.7B
Sphere$187.46M+10.0%$170.45M
D&A by Business
MSG Networks$8.64M+4.8%$8.25M+23.7%$6.67M-29.0%$9.39M+28.1%
Sphere$327.77M+32.0%$248.25M
Event-related expenses by Business
MSG Networks$0$0
Sphere-$287.31M-25.3%-$229.25M
Restructuring Charges by Business
MSG Networks$1.96M$4.79M
Sphere$9.56M+0.9%$9.48M-59.4%$23.35M
Rights fee expense by Business
MSG Networks-$204.47M+25.5%-$274.42M-2.9%-$266.67M
Sphere$0$0$0
Amortization for capitalized cloud computing arrangement costs by Business
MSG Networks$0-100%$152K-5.6%$161K-8.5%$176K
Sphere$6.32M+300%$1.58M$0
Network programming and production costs by Business
MSG Networks-$67.24M+16.8%-$80.83M-15.5%-$70M
Sphere$0$0$0
Total revenues from contracts with customers by Product
Food, beverage, and merchandise revenues$100.4M+50.5%$66.7M$118.03M
Media networks revenues$438.63M-17.2%$529.73M-7.3%$571.22M-6.1%$608.16M-6.1%
Sponsorship, signage, Exosphere advertising, and suite license revenues$96.15M+10.3%$87.17M
Ticketing and venue license fee revenues$567.64M+69.3%$335.33M

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Questions, answered.

How does Sphere Entertainment break its business down?
Sphere Entertainment (SPHR) reports total revenues from contracts with customers by business across 2 parts — MSG Networks and Sphere. Each is extracted from the segment footnotes and tracked over time.
Where does Sphere Entertainment's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Sphere Entertainment's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.