Sphere Entertainment (SPHR) Capital Expenditures (2019 - 2026)

Sphere Entertainment (SPHR) posted Capital Expenditures of $1.2 million for Q1 2026, up 112.44% on a QoQ basis from -$9.9 million in Q4 2025, and down 25.63% year-over-year from $1.7 million in Q1 2025.

Sphere Entertainment (SPHR) Capital Expenditures (2019 - 2026) Analysis & Trends

Sphere Entertainment's Capital Expenditures history runs 8 years deep, the most recent figure standing at $1.2 million for Q1 2026.

  • Quarterly Capital Expenditures fell 25.63% year-over-year to $1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 million (down 88.57% YoY) and the FY2025 annual result came in at $4.5 million, down 58.24% from the prior year.
  • Capital Expenditures was $1.2 million for Q1 2026 at Sphere Entertainment, up from -$9.9 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $955.0 million in Q2 2023 and bottomed at -$9.9 million in Q4 2025.
  • A 5-year average of $117.7 million and a median of $7.4 million in 2024 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2022 — Capital Expenditures soared 1582.58% — and 2024, when it tumbled 99.37%.
  • Sphere Entertainment's Capital Expenditures stood at $5.7 million in 2022, then soared by 209.09% to $17.6 million in 2023, then tumbled by 42.98% to $10.0 million in 2024, then tumbled by 198.64% to -$9.9 million in 2025, then jumped by 112.44% to $1.2 million in 2026.
  • Business Quant data shows SPHR's Capital Expenditures at $1.2 million in Q1 2026, -$9.9 million in Q4 2025, and $1.7 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 218.64 Mn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 1.97 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 268.00 Mn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 308.98 Mn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 279.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn -4.62 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 19.98 Mn
8 Fox 20.85 Bn 17.36 Bn - 135.00 Mn
9 News 16.48 Bn 15.01 Bn - 100.00 Mn
10 Sphere Entertainment 4.78 Bn 4.15 Bn 216.77 Mn 1.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.23 Mn
Mar 31, 2026 1.23 Mn
Dec 31, 2025 -9.89 Mn
Dec 31, 2025 -9.89 Mn
Mar 31, 2025 1.65 Mn
Mar 31, 2025 1.65 Mn
Sep 30, 2024 10.02 Mn
Sep 30, 2024 10.02 Mn
Jun 30, 2024 6.02 Mn
Jun 30, 2024 6.02 Mn
Mar 31, 2024 8.74 Mn
Mar 31, 2024 8.74 Mn
Dec 31, 2023 17.58 Mn
Dec 31, 2023 17.58 Mn
Sep 30, 2023 164.95 Mn
Sep 30, 2023 164.95 Mn
Jun 30, 2023 954.97 Mn
Jun 30, 2023 954.97 Mn
Mar 31, 2023 4.96 Mn
Mar 31, 2023 4.96 Mn