Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026)

Sphere Entertainment (SPHR) reported Enterprise Value of -$630.2 million for Q1 2026, down 31.78% on a YoY basis from -$923.6 million in Q1 2025, and down 20.89% quarter-over-quarter from -$521.3 million in Q4 2025.

Sphere Entertainment (SPHR) Enterprise Value (2019 - 2026) Analysis & Trends

Sphere Entertainment has reported Enterprise Value for 8 years, with the latest figure 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.
  • The five-year high for Enterprise Value was -$219.3 million in Q1 2023, with the low at -$883.0 million in Q1 2022.
  • Historically, Enterprise Value has averaged -$503.3 million across 5 years, with a median of -$515.6 million in 2024.
  • The largest YoY upside for Enterprise Value was 77.52% in 2022 against a maximum downside of 10787.48% in 2022.
  • Sphere Entertainment's Enterprise Value 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 declined 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 327.69 Bn 315.40 Bn 11.41 Bn -12.29 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 922.00 Mn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -2.14 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - -18.86 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -8.46 Bn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 674.00 Mn
7 Fox 20.41 Bn 16.92 Bn - -3.49 Bn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -2.38 Bn
9 News 15.92 Bn 14.45 Bn - -1.47 Bn
10 Sphere Entertainment 5.66 Bn 5.03 Bn 216.77 Mn -630.15 Mn

Historic Data

Download Data
DateValue
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