Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026)
Sphere Entertainment posted quarterly Enterprise Value of -$630.2 million for Q1 2026, down 31.78% year-on-year from -$923.6 million in Q1 2025, and down 20.89% on a QoQ basis from -$521.3 million in Q4 2025.
Sphere Entertainment (SPHR) has 8 years of Enterprise Value data on file, last reported at -$630.2 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 31.78% year-over-year to -$630.2 million; the trailing twelve-month figure through Mar 2026 stood at -$630.2 million (down 31.78% YoY), and the FY2025 full-year result was -$521.3 million, down 1.09% from the prior year.
- Enterprise Value for Q1 2026 stood at -$630.2 million, down from -$521.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$219.3 million in Q1 2023 and bottomed at -$883.0 million in Q1 2022.
- The 5-year median for Enterprise Value is -$515.6 million (2024), against an average of -$503.3 million.
- Peak annual rise in Enterprise Value reached 77.52% in 2022, while the deepest fall reached 10787.48% in 2022.
- A 5-year view of Enterprise Value shows it stood at -$363.5 million in 2022, then plunged by 72.71% to -$627.8 million in 2023, then increased by 17.87% to -$515.6 million in 2024, then dropped by 1.09% to -$521.3 million in 2025, then fell by 20.89% to -$630.2 million in 2026.
- The last three Enterprise Value figures came in at -$630.2 million (Q1 2026), -$521.3 million (Q4 2025), and -$398.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | -12.29 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -8.46 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | -3.49 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 674.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | -2.38 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | -1.47 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | -1.69 Bn |
| 10 | Sphere Entertainment | 5.26 Bn | 4.63 Bn | 216.77 Mn | -630.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -630.15 Mn |
| Dec 31, 2025 | -521.26 Mn |
| Sep 30, 2025 | -398.25 Mn |
| Jun 30, 2025 | -368.93 Mn |
| Mar 31, 2025 | -478.20 Mn |
| Dec 31, 2024 | -515.63 Mn |
| Sep 30, 2024 | -553.22 Mn |
| Jun 30, 2024 | -573.23 Mn |
| Mar 31, 2024 | -693.95 Mn |
| Dec 31, 2023 | -627.83 Mn |
| Sep 30, 2023 | -451.74 Mn |
| Jun 30, 2023 | -429.11 Mn |
| Mar 31, 2023 | -219.29 Mn |
| Dec 31, 2022 | -363.51 Mn |
| Sep 30, 2022 | -273.18 Mn |
| Jun 30, 2022 | -576.12 Mn |
| Mar 31, 2022 | -882.98 Mn |
| Dec 31, 2021 | -1.14 Bn |
| Sep 30, 2021 | -1.22 Bn |
| Jun 30, 2021 | -1.40 Bn |
| Mar 31, 2021 | -8.11 Mn |
| Dec 31, 2020 | -11.66 Mn |
| Sep 30, 2020 | -1.20 Bn |
| Jun 30, 2020 | -1.44 Bn |
| Mar 31, 2020 | -1.31 Bn |
| Dec 31, 2019 | 49.98 Mn |
| Sep 30, 2019 | -892.00 Mn |
| Jun 30, 2019 | -1.12 Bn |
| Mar 31, 2019 | 63.70 Mn |