Sphere Entertainment Co (MEX:MSGE) Pre-Tax Income: MXN-180 Mil (TTM As of Jun. 2026)

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MEX:MSGE Sphere Entertainment Co MEX:MSGE
62 GF Score
Price MXN2,271.11
GF Value MXN2,981.11
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sphere Entertainment Co Pre-Tax Income?

Sphere Entertainment Co MEX:MSGE 62 Pre-Tax Income is MXN-180 Mil as of Jun. 2026. GuruFocus rates MEX:MSGE with a GF Score™ of 62/100 and a GF Value™ of MXN2,981.11 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Sphere Entertainment Co's pretax income for the three months ended in Jun. 2026 was MXN-65 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was MXN-180 Mil. Sphere Entertainment Co's pretax margin was -20.81%.

During the past 9 years, Sphere Entertainment Co's highest Pretax Margin was 48.00%. The lowest was -35.08%. And the median was -1.91%.


Sphere Entertainment Co  (MEX:MSGE) Pre-Tax Income Explanation

Sphere Entertainment Co's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-65.253/313.639
=-20.81%

During the past 9 years, Sphere Entertainment Co's highest Pretax Margin was 48.00%. The lowest was -35.08%. And the median was -1.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sphere Entertainment Co Pre-Tax Income Related Terms


Sphere Entertainment Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Sphere Entertainment Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sphere Entertainment Co Pre-Tax Income Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -3,340.09 -3,410.15 5,255.51 -6,202.36 1,098.55

Sphere Entertainment Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 273.76 -136.71 22.44 -0.38 -65.25

MEX:MSGE vs VSNT, CNK, MANU: Pre-Tax Income Comparison

For the Entertainment subindustry, Sphere Entertainment Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sphere Entertainment Co Pre-Tax Income vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Sphere Entertainment Co's Pre-Tax Income falls into.


MEX:MSGE
62GF Score
Sphere Entertainment Co MEX:MSGE
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sphere Entertainment Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Sphere Entertainment Co's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1789.782156++-1354.50965475+259.16666175+3983.674604625
=1,099

Sphere Entertainment Co's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-52.733++-8.273+4.786+-9.033
=-65

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-180 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of MXN-180 Mil mean?
Sphere Entertainment Co (MEX:MSGE) has a Pre-Tax Income of MXN-180 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Sphere Entertainment Co and its competitors.
Is Sphere Entertainment Co's Pre-Tax Income too high?
Sphere Entertainment Co's current Pre-Tax Income is MXN-180 Mil. Overall, Sphere Entertainment Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sphere Entertainment Co's Pre-Tax Income compare to VSNT and CNK?
Sphere Entertainment Co's Pre-Tax Income of MXN-180 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Media - Diversified company?
A good Pre-Tax Income depends on the Media - Diversified industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Sphere Entertainment Co and its competitors. Sphere Entertainment Co's current Pre-Tax Income is MXN-180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Sphere Entertainment Co (MEX:MSGE) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,981.11, compared to a current price of MXN2,271.11 — trading 23.8% below its estimated fair value. The current Pre-Tax Income is MXN-180 Mil. Sphere Entertainment Co's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Sphere Entertainment Co (MEX:MSGE), the current Pre-Tax Income is MXN-180 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sphere Entertainment Co (MEX:MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Sphere Entertainment Co stock appears to be undervalued. The current stock price of MXN2,271.11 is trading 23.8% below its estimated GF Value™ of MXN2,981.11. GuruFocus considers Sphere Entertainment Co to be Modestly Undervalued.

Key valuation signals for MEX:MSGE:

  • Pre-Tax Income: MXN-180 Mil
  • GF Value™: MXN2,981.11 vs. price of MXN2,271.11 (23.8% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the MEX:MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sphere Entertainment Co Business Description

Other Exchanges SPHR:USAMQ2:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co. is a live entertainment and media company operating two reportable segments: Sphere and MSG Networks. The Sphere segment operates Sphere, a large-scale spherical venue in Las Vegas featuring immersive audio, video, and experiential technologies, hosting concerts, residencies, corporate events, and original productions such as Postcard from Earth. MSG Networks operates regional sports and entertainment networks, including MSG Network and MSG Sportsnet, delivering live games and programming for New York-area professional sports teams, along with a direct-to-consumer and authenticated streaming product. The company generates revenue primarily through venue events, sponsorships, advertising, media rights fees, and subscription and affiliate fees from cable, satellite, and streaming distributors. Its operations are concentrated in the United States, with the Sphere venue in Las Vegas and MSG Networks serving the New York metropolitan market and surrounding regions.
62GF Score

Get the complete analysis for MEX:MSGE

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,271.11
Price
MXN2,981.11
GF Value