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
DateValue
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