---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-030130"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:29:55.097743+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sphere Entertainment Q1 revenue up 38% to $386.4M; adjusted operating income $110M

## Summary
- Revenue $386.4M (+38% YoY); operating income $7.2M vs loss of $78.6M.
- Sphere segment revenue $266M (+69% YoY); adjusted operating income $74.3M vs $13.1M.
- MSG Networks revenue $120.4M (-2% YoY); adjusted operating income $35.7M (+56% YoY).
- Wizard of Oz at Sphere surpassed 500 shows; Metallica 24-concert residency announced.
- Evian multi-year sponsorship signed; Abu Dhabi and National Harbor Sphere plans progressing.

## SEC filing metadata
- accession: 0001628280-26-030130
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000162828026030130/0001628280-26-030130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000162828026030130/sphr-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-030130
- JSON: https://secwatch.observer/filing/0001628280-26-030130.json
- Plain text: https://secwatch.observer/filing/0001628280-26-030130.txt

## Key facts
- Earnings Releases
  Sphere Entertainment Co. reported first quarter ended March 31, 2026 results: revenue $386.4 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $386.4 million
  - Result: reported results
  source text: sponsors, including the announcement in April of a new multi-year sponsorship agreement with Evian. For the three months ended March 31, 2026, the Company reported revenues of $386.4 million, an increase of $105.8 million, or 38%, as compared to the prior year quarter. In addition, the Company reported operating income of $7.2 million, an increase of $85.8 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1795250/000162828026030130/0001628280-26-030130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.