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Sphere Entertainment SPHR MSG Networks — Other commitments, to be paid, 2028

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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:OtherCommitmentDueInSecondYear.

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 — other commitments, to be paid, 2028?
Sphere Entertainment (SPHR) reported MSG networks — other commitments, to be paid, 2028 of $205.58M in Q1 2026.
What does MSG networks — other commitments, to be paid, 2028 mean?
Captures the aggregate financial liabilities the segment is contractually obligated to pay in the specified future year. This metric is used to evaluate the long-term financial burden of existing contracts and operational commitments. It helps investors understand the segment's future fixed-cost profile.