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

Sphere Entertainment (SPHR) has reported Cost of Revenue for 8 consecutive years, with $151.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 151.15% year-over-year to $151.1 million; the trailing twelve-month figure through Jun 2026 stood at $162.4 million (down 73.37% YoY), and the FY2025 full-year result was $590.0 million, up 92.26% from the prior year.
• Cost of Revenue eased to $151.1 million in Q2 2026 per SPHR's latest filing, from $169.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $443.3 million in Q3 2024 and bottomed at -$295.3 million in Q2 2025.
• Historically, Cost of Revenue has averaged $174.5 million across 5 years, with a median of $159.0 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 424.57% in 2024, then tumbled 197.28% in 2025.
• Over 5 years, Cost of Revenue stood at $349.0 million in 2022, then slumped by 54.22% to $159.8 million in 2023, then surged by 177.44% to $443.3 million in 2024, then tumbled by 69.1% to $137.0 million in 2025, then gained by 10.28% to $151.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $151.1 million, $169.6 million, and $137.0 million for Q2 2026, Q1 2026, and Q3 2025 respectively.