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| Date | Value |
|---|---|
| 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 |