Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026)
Sphere Entertainment (SPHR) posted Enterprise Value of -$630.2 million for Q1 2026, down 20.89% on a QoQ basis from -$521.3 million in Q4 2025, and down 31.78% year-over-year from -$923.6 million in Q1 2025.
Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026) Analysis & Trends
Sphere Entertainment's Enterprise Value history runs 8 years deep, the most recent figure standing at -$630.2 million for Q1 2026.
- Quarterly Enterprise Value fell 31.78% year-over-year to -$630.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$630.2 million (down 31.78% YoY) and the FY2025 annual result came in at -$521.3 million, down 1.09% from the prior year.
- Enterprise Value was -$630.2 million for Q1 2026 at Sphere Entertainment, down from -$521.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$273.2 million in Q3 2022 and bottomed at -$883.0 million in Q1 2022.
- A 5-year average of -$520.8 million and a median of -$515.6 million in 2024 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value surged 77.52% — and 2024, when it tumbled 101.33%.
- Sphere Entertainment's Enterprise Value stood at -$363.5 million in 2022, then tumbled by 72.71% to -$627.8 million in 2023, then rose by 17.87% to -$515.6 million in 2024, then declined by 1.09% to -$521.3 million in 2025, then retreated by 20.89% to -$630.2 million in 2026.
- Business Quant data shows SPHR's Enterprise Value at -$630.2 million in Q1 2026, -$521.3 million in Q4 2025, and -$398.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | -9.13 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -8.46 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | -658.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | -2.38 Bn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | -1.69 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | -3.49 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | -1.47 Bn |
| 10 | Sphere Entertainment | 4.78 Bn | 4.15 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 | -344.68 Mn |
| Dec 31, 2022 | -363.51 Mn |
| Sep 30, 2022 | -273.18 Mn |
| Jun 30, 2022 | -748.15 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 |