Sphere Entertainment (SPHR) Free Cash Flow (2019 - 2026)

Sphere Entertainment (SPHR) posted Free Cash Flow of $135.0 million for Q1 2026, down 28.98% on a QoQ basis from $190.1 million in Q4 2025, and up 2776.25% year-over-year from $4.7 million in Q1 2025.

Sphere Entertainment (SPHR) Free Cash Flow (2019 - 2026) Analysis & Trends

Sphere Entertainment's Free Cash Flow history runs 8 years deep, the most recent figure standing at $135.0 million for Q1 2026.

  • Quarterly Free Cash Flow rose 2776.25% year-over-year to $135.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $325.1 million (up 306.91% YoY) and the FY2025 annual result came in at $238.9 million, up 693.87% from the prior year.
  • Free Cash Flow was $135.0 million for Q1 2026 at Sphere Entertainment, down from $190.1 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $190.1 million in Q4 2025 and bottomed at -$939.2 million in Q2 2023.
  • A 5-year average of -$72.8 million and a median of $25.7 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow plunged 3775.45% — and 2026, when it jumped 2776.25%.
  • Sphere Entertainment's Free Cash Flow stood at $130.5 million in 2022, then tumbled by 77.9% to $28.8 million in 2023, then jumped by 82.65% to $52.7 million in 2024, then surged by 261.05% to $190.1 million in 2025, then retreated by 28.98% to $135.0 million in 2026.
  • Business Quant data shows SPHR's Free Cash Flow at $135.0 million in Q1 2026, $190.1 million in Q4 2025, and $4.7 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 1.53 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 4.94 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -476.00 Mn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 2.03 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 78.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 203.76 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 674.56 Mn
8 Fox 20.85 Bn 17.36 Bn - 1.77 Bn
9 News 16.48 Bn 15.01 Bn - 399.00 Mn
10 Sphere Entertainment 4.78 Bn 4.15 Bn 216.77 Mn 135.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 135.01 Mn
Mar 31, 2026 135.01 Mn
Dec 31, 2025 190.10 Mn
Dec 31, 2025 190.10 Mn
Mar 31, 2025 4.69 Mn
Mar 31, 2025 4.69 Mn
Sep 30, 2024 52.65 Mn
Sep 30, 2024 52.65 Mn
Jun 30, 2024 22.55 Mn
Jun 30, 2024 22.55 Mn
Mar 31, 2024 92.28 Mn
Mar 31, 2024 92.28 Mn
Dec 31, 2023 28.83 Mn
Dec 31, 2023 28.83 Mn
Sep 30, 2023 -259.59 Mn
Sep 30, 2023 -259.59 Mn
Jun 30, 2023 -939.21 Mn
Jun 30, 2023 -939.21 Mn
Mar 31, 2023 77.90 Mn
Mar 31, 2023 77.90 Mn