Sphere Entertainment (SPHR) Invested Capital (2019 - 2026)
Sphere Entertainment (SPHR) reported Invested Capital of $2.9 billion for Q1 2026, down 15.94% on a YoY basis from $3.5 billion in Q1 2025, and little changed quarter-over-quarter from $2.9 billion in Q4 2025.
Sphere Entertainment (SPHR) Invested Capital (2019 - 2026) Analysis & Trends
Sphere Entertainment has reported Invested Capital for 8 years, with the latest figure at $2.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 15.94% year-over-year to $2.9 billion; the trailing twelve-month figure through Mar 2026 stood at $2.9 billion (down 15.94% YoY), and the FY2025 full-year result was $2.9 billion, down 3.45% from the prior year.
- Invested Capital for Q1 2026 stood at $2.9 billion, roughly flat from $2.9 billion in the prior quarter.
- The five-year high for Invested Capital was $3.9 billion in Q4 2023, with the low at $1.2 billion in Q3 2023.
- Historically, Invested Capital has averaged $2.9 billion across 5 years, with a median of $2.9 billion in 2025.
- Annual changes were most pronounced in 2023 — Invested Capital plunged 40.07% — and 2024, when it soared 206.02%.
- Sphere Entertainment's Invested Capital stood at $2.1 billion in 2022, then jumped by 83.36% to $3.9 billion in 2023, then slipped by 22.09% to $3.0 billion in 2024, then fell by 3.45% to $2.9 billion in 2025, then retreated by 0.03% to $2.9 billion in 2026.
- The last three Invested Capital figures came in at $2.9 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 32.13 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 124.20 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 66.17 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | 165.26 Mn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 1.66 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 7.78 Bn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 10.97 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 2.67 Bn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 11.27 Bn |
| 10 | Sphere Entertainment | 5.66 Bn | 5.03 Bn | 216.77 Mn | 2.93 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.93 Bn |
| Dec 31, 2025 | 2.93 Bn |
| Sep 30, 2025 | 2.89 Bn |
| Jun 30, 2025 | 3.06 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 3.03 Bn |
| Sep 30, 2024 | 3.68 Bn |
| Jun 30, 2024 | 3.80 Bn |
| Mar 31, 2024 | 3.85 Bn |
| Dec 31, 2023 | 3.89 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 3.43 Bn |
| Mar 31, 2023 | 2.12 Bn |
| Dec 31, 2022 | 2.12 Bn |
| Sep 30, 2022 | 2.00 Bn |
| Jun 30, 2022 | 2.89 Bn |
| Mar 31, 2022 | 2.19 Bn |
| Dec 31, 2021 | 2.18 Bn |
| Sep 30, 2021 | 2.15 Bn |
| Jun 30, 2021 | 2.23 Bn |