---
schema_version: "secwatch.filing_event.v1"
accession: "0001795250-25-000009"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T20:00:52.028518+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sphere Entertainment Q2 revenue down 2% YoY; adjusted ops income falls 36%

## Summary
- Revenue $308.3M, down $5.9M YoY; operating loss improved $16.7M to $142.9M.
- Adjusted operating income $32.9M, down $18.6M from prior year quarter.
- Sphere segment revenue $169.0M (+1% YoY); MSG Networks $139.3M (-5% YoY).
- Fiscal year changed to Dec 31; next fiscal year Jan 1-Dec 31, 2025.
- Sphere Experience passed 1,000th show; Eagles residency extended; new artist residencies announced.

## SEC filing metadata
- accession: 0001795250-25-000009
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000179525025000009/0001795250-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000179525025000009/sphr-20250303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001795250-25-000009
- JSON: https://secwatch.observer/filing/0001795250-25-000009.json
- Plain text: https://secwatch.observer/filing/0001795250-25-000009.txt

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