Sphere Entertainment (SPHR) Invested Capital (2019 - 2026)

Sphere Entertainment (SPHR) has reported Invested Capital for 8 consecutive years, with $3.0 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Invested Capital fell 6.08% year-over-year to $3.0 billion; the trailing twelve-month figure through Jun 2026 stood at $3.0 billion (down 6.08% YoY), and the FY2025 full-year result was $3.1 billion, down 13.81% from the prior year.
• Invested Capital retreated to $3.0 billion in Q2 2026 per SPHR's latest filing, from $3.1 billion in the prior quarter.
• Across five years, Invested Capital topped out at $4.8 billion in Q4 2023 and bottomed at $3.0 billion in Q2 2026.
• Historically, Invested Capital has averaged $3.7 billion across 5 years, with a median of $3.8 billion in 2023.
• The sharpest annual moves came in 2022 and 2025: Invested Capital jumped 30.07% in 2022, then tumbled 32.76% in 2025.
• Over 5 years, Invested Capital stood at $4.0 billion in 2022, then rose by 19.3% to $4.8 billion in 2023, then declined by 25.64% to $3.6 billion in 2024, then fell by 13.81% to $3.1 billion in 2025, then decreased by 1.81% to $3.0 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $3.0 billion, $3.1 billion, and $3.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.