Sphere Entertainment (SPHR) Intangibles (2019 - 2026)
Sphere Entertainment's (SPHR) quarterly Intangibles came in at $18.5 million in Q2 2026, down 26.36% on a YoY basis from $25.1 million in Q2 2025, and down 8.21% quarter-over-quarter from $20.2 million in Q1 2026.
Analysis
Sphere Entertainment (SPHR) Intangibles (2019 - 2026) Analysis & Trends
Sphere Entertainment (SPHR) has reported Intangibles for 8 consecutive years, with $18.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Intangibles fell 26.36% year-over-year to $18.5 million; the trailing twelve-month figure through Jun 2026 stood at $18.5 million (down 26.36% YoY), and the FY2025 full-year result was $21.8 million, down 23.13% from the prior year.
- Intangibles slipped to $18.5 million in Q2 2026 per SPHR's latest filing, from $20.2 million in the prior quarter.
- Across five years, Intangibles topped out at $222.0 million in Q3 2022 and bottomed at $15.6 million in Q1 2024.
- Historically, Intangibles has averaged $56.3 million across 5 years, with a median of $24.3 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Intangibles sank 92.47% in 2023, then surged 78.34% in 2024.
- Over 5 years, Intangibles stood at $217.2 million in 2022, then tumbled by 92.47% to $16.4 million in 2023, then surged by 73.56% to $28.4 million in 2024, then retreated by 23.13% to $21.8 million in 2025, then declined by 15.18% to $18.5 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $18.5 million, $20.2 million, and $21.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 103.64 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | 18.51 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 299.51 Mn |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | 123.70 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | - |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 50.60 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | - |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 178.20 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 161.65 Mn |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.51 Mn |
| Mar 31, 2026 | 20.16 Mn |
| Dec 31, 2025 | 21.82 Mn |
| Sep 30, 2025 | 23.47 Mn |
| Jun 30, 2025 | 25.13 Mn |
| Mar 31, 2025 | 26.78 Mn |
| Dec 31, 2024 | 28.38 Mn |
| Sep 30, 2024 | 30.14 Mn |
| Jun 30, 2024 | 31.94 Mn |
| Mar 31, 2024 | 15.57 Mn |
| Dec 31, 2023 | 16.35 Mn |
| Sep 30, 2023 | 17.13 Mn |
| Jun 30, 2023 | 17.91 Mn |
| Mar 31, 2023 | 82.49 Mn |
| Dec 31, 2022 | 217.18 Mn |
| Sep 30, 2022 | 222.01 Mn |
| Jun 30, 2022 | 21.03 Mn |
| Mar 31, 2022 | 177.07 Mn |
| Dec 31, 2021 | 182.01 Mn |
| Sep 30, 2021 | 186.17 Mn |