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Sphere Entertainment SPHR MSG Networks — D&A

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Sphere
$82.27M+0.3%

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Other financials

Income statement

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Revenue$386.4M+37.7%
Operating income$7.2M+109%
Net income$4.5M+105%
EPS (diluted)-$0.04+98.2%

Balance sheet

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Cash & equivalents$630.2M+31.8%
Total debt$938.4M-35.8%
Total equity$2.2B+4.9%
Total assets$4.2B-5.1%

Cash flow

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Operating cash flow$136.2M+2,046%
CapEx$4.9M-72.1%
Free cash flow$131.4M+1,279%

Valuation

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Market cap$5.63B+256%

Profitability

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Operating margin-28.1%-4.3pp
Net margin9%+5.2pp
FCF margin25.2%+15.7pp

Returns & leverage

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Return on equity5.5%+3.2pp
Debt / equity0.4×-0.3×
Current ratio1.2×+0.7×

Where this comes from

Reported directly by Sphere Entertainment in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Sphere Entertainment’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sphere Entertainment's MSG networks — D&A?
Sphere Entertainment (SPHR) reported MSG networks — D&A of $2.09M in Q1 2026.
How has Sphere Entertainment's MSG networks — D&A changed year-over-year?
Sphere Entertainment's MSG networks — D&A decreased by 5.9% year-over-year, from $2.22M to $2.09M.
What is the long-term trend for Sphere Entertainment's MSG networks — D&A?
Over 4 years (2021 to 2025), Sphere Entertainment's MSG networks — D&A has grown at a 4.2% compound annual growth rate (CAGR), from $7.34M to $8.64M.
What does MSG networks — D&A mean?
Represents the non-cash expense allocated to the MSG Networks segment for the systematic reduction in the value of tangible and intangible assets over their useful lives. This metric reflects the capital intensity of the segment's broadcasting and production infrastructure. Monitoring this helps investors understand the ongoing investment required to maintain the segment's operational capabilities.