Sphere Entertainment (SPHR) Cost of Revenue (2019 - 2026)

Sphere Entertainment (SPHR) has 8 years of Cost of Revenue data on file, last reported at $169.6 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 7.15% year-over-year to $169.6 million; the trailing twelve-month figure through Mar 2026 stood at $628.3 million (up 4.44% YoY), and the FY2025 full-year result was $590.0 million, up 532.05% from the prior year.
• Cost of Revenue for Q1 2026 stood at $169.6 million, up from $163.4 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $169.6 million in Q1 2026 and bottomed at $25.9 million in Q2 2022.
• The 5-year median for Cost of Revenue is $113.7 million (2022), against an average of $114.5 million.
• The widest annual swing landed in 2022, when Cost of Revenue tumbled 69.49%; it then jumped 235.86% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $90.4 million in 2022, then decreased by 25.51% to $67.3 million in 2023, then soared by 107.45% to $139.7 million in 2024, then rose by 16.94% to $163.4 million in 2025, then grew by 3.85% to $169.6 million in 2026.
• The last three Cost of Revenue figures came in at $169.6 million (Q1 2026), $163.4 million (Q4 2025), and $137.0 million (Q3 2025), per Business Quant data.

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