Sphere Entertainment Q2 FY26 net loss widens to $38.33 million; revenue rises 11% to $313.6 million

Reuters2026/07/30 11:37

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Sphere Entertainment posted revenue of USD 313.6 million, up 11% year over year, while operating loss widened 22% to USD 61.3 million.
Net loss attributable to stockholders was USD 38.79 million, swinging from net income a year earlier; diluted loss per share was USD 1.07.
Sphere segment revenue climbed 29% to USD 226.4 million, while MSG Networks revenue fell 18% to USD 87.3 million on a 16.5% subscriber decline.
Non-GAAP adjusted operating income slipped 17% to USD 50.9 million; Sphere’s adjusted operating income rose 60% to USD 39.9 million.
Sphere Abu Dhabi was sited on Yas Island with construction expected to finish by end-2029; a five-year Formula 1 Las Vegas deal extends through 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sphere Entertainment Co. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sphere Entertainment Q2 FY26 net loss widens to $38.33 million; revenue rises 11% to $313.6 million

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