Sphere Entertainment Q3 2026 net loss widens 40% to $176.04 million
SPHR•Sphere Entertainment’s third-quarter 2026 net loss widened 40% year over year to $176.04 million. Revenue rose to $274.26 million, with Sphere segment revenue up 14% to $198.86 million and MSG Networks revenue down 15% to $75.4 million.
1. Quarterly results
Sphere Entertainment’s third-quarter 2026 net loss widened 40% year over year to $176.04 million, while revenue rose to $274.26 million. Sphere segment revenue climbed 14% to $198.86 million. MSG Networks revenue fell 15% to $75.4 million, with distribution revenue declining primarily due to subscriber losses.
2. Sphere production
Production is underway on The Rocky Horror Picture Show at Sphere, with its debut expected by the end of March 2027.
