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

Sphere Entertainment's Cost of Revenue history runs 8 years deep, the most recent figure standing at $169.6 million for Q1 2026.

• Quarterly Cost of Revenue rose 7.15% year-over-year to $169.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.8 million (down 83.02% YoY) and the FY2025 annual result came in at $141.5 million, down 53.89% from the prior year.
• Cost of Revenue was $169.6 million for Q1 2026 at Sphere Entertainment, up from -$285.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $443.3 million in Q3 2024 and bottomed at -$285.1 million in Q4 2025.
• A 5-year average of $130.1 million and a median of $110.7 million in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 922.96% — and 2023, when it slumped 74.15%.
• Sphere Entertainment's Cost of Revenue stood at $90.4 million in 2022, then climbed by 2.24% to $92.4 million in 2023, then surged by 379.57% to $443.3 million in 2024, then tumbled by 164.32% to -$285.1 million in 2025, then surged by 159.5% to $169.6 million in 2026.
• Business Quant data shows SPHR's Cost of Revenue at $169.6 million in Q1 2026, -$285.1 million in Q4 2025, and $137.0 million in Q3 2025.