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Sphere Entertainment SPHR Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total revenues from contracts with customers by Business
MSG Networks$436.05M-13.1%$438.63M-17.2%$474.29M-8.9%$486.71M-8.1%$501.79M-10.5%
Sphere$889.83M+83.7%$781.41M+57.2%$555.73M-9.9%$508.71M+2.3%$484.34M
Total revenues from contracts with customers by Product
Food, beverage, and merchandise revenues$114.23M+67.7%$100.4M+50.5%$79.15M-3.7%$70.93M+6.3%$68.12M
Media networks revenues$436.05M-13.1%$438.63M-17.2%$474.29M-8.9%$486.71M-8.1%$501.79M-10.5%
Sponsorship, signage, Exosphere advertising, and suite license revenues$99.04M+39.8%$96.15M+10.3%$77.04M-21.0%$73.1M-16.1%$70.84M
Ticketing and venue license fee revenues$658.61M+98.4%$567.64M+69.3%$384.22M-10.6%$351.67M+3.4%$332M

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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.