Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly Enterprise Value came in at -$552.0 million in Q2 2026, down 49.63% YoY from -$1.1 billion in Q2 2025, and up 12.4% on a QoQ basis from -$630.2 million in Q1 2026.
Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has 8 years of Enterprise Value data on file, last reported at -$552.0 million in Q2 2026.
- Quarterly Enterprise Value fell 49.63% year-over-year to -$552.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$552.0 million (down 49.63% YoY) and the FY2025 annual result came in at -$521.3 million, down 1.09% from the prior year.
- Enterprise Value advanced to -$552.0 million in Q2 2026, from -$630.2 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$219.3 million in Q1 2023 to a low of -$883.0 million in Q1 2022.
- A 5-year average of -$506.0 million and a median of -$518.4 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 slumped 216.45%.
- Tracing SPHR's Enterprise Value over 5 years: stood at -$363.5 million in 2022, then sank by 72.71% to -$627.8 million in 2023, then grew by 17.87% to -$515.6 million in 2024, then slipped by 1.09% to -$521.3 million in 2025, then dropped by 5.9% to -$552.0 million in 2026.
- The last three Enterprise Value figures came in at -$552.0 million (Q2 2026), -$630.2 million (Q1 2026), and -$521.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | -9.13 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 1.63 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -2.21 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | -8.01 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | -4.11 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | -706.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | -2.56 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -1.39 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | -1.52 Bn |
| 10 | Sphere Entertainment | 5.92 Bn | 5.37 Bn | 162.58 Mn | -552.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -552.02 Mn |
| 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 |