Sphere Entertainment Co. reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported sales was USD 394.28 million compared to USD 308.29 million a year ago. Net income was USD 64.74 million compared to net loss of USD 125.95 million a year ago. Basic earnings per share from continuing operations was USD 1.62 compared to basic loss per share from continuing operations of USD 3.49 a year ago. Diluted earnings per share from continuing operations was USD 1.23 compared to diluted loss per share from continuing operations of USD 3.49 a year ago.
For the full year, sales was USD 1,220.05 million compared to USD 1,130.93 million a year ago. Sales was USD 1,220.05 million. Net income was USD 33.41 million compared to net loss of USD 325.06 million a year ago. Net income was USD 33.41 million. Basic earnings per share from continuing operations was USD 0.93 compared to basic loss per share from continuing operations of USD 9.77 a year ago. Basic earnings per share from continuing operations was USD 0.93. Diluted earnings per share from continuing operations was USD 0.74 compared to diluted loss per share from continuing operations of USD 9.77 a year ago. Diluted earnings per share from continuing operations was USD 0.74. Basic earnings per share was USD 0.93 compared to basic loss per share of USD 9.09 a year ago. Basic earnings per share was USD 0.93. Diluted earnings per share was USD 0.74 compared to diluted loss per share of USD 9.09 a year ago. Diluted earnings per share was USD 0.74.
Sphere Entertainment Co. is a live entertainment and media company. The Company’s segments include Sphere and MSG Networks. The Sphere is an entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product. Sphere segment reflects Sphere, an entertainment medium powered by cutting-edge technologies to create multi-sensory experiences at an unparalleled scale. The MSG Networks segment comprises the Company’s regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as its DTC streaming product, MSG+. MSG Networks serves the New York Designated Market Area, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania and features a wide range of sports content, including live local games and other programming of the New York Knicks of the National Basketball Association and the New York Rangers, New York Islanders and others.
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ESG MSCI
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