Growth Metrics

Sphere Entertainment (SPHR) Operating Expenses (2019 - 2025)

Sphere Entertainment (SPHR) has disclosed Operating Expenses for 7 consecutive years, with $113.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 2557.37% year-over-year to $113.0 million, compared with a TTM value of $441.8 million through Dec 2025, down 9.27%, and an annual FY2025 reading of $453.4 million, changed N/A over the prior year.
  • Operating Expenses was $113.0 million for Q4 2025 at Sphere Entertainment, up from $99.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $510.3 million in Q2 2022 and bottomed at -$320.4 million in Q2 2023.
  • Average Operating Expenses over 5 years is $113.9 million, with a median of $113.2 million recorded in 2022.
  • The sharpest move saw Operating Expenses tumbled 162.78% in 2023, then skyrocketed 2557.37% in 2025.
  • Year by year, Operating Expenses stood at $188.4 million in 2021, then tumbled by 39.77% to $113.5 million in 2022, then grew by 2.95% to $116.8 million in 2023, then plummeted by 96.36% to $4.3 million in 2024, then surged by 2557.37% to $113.0 million in 2025.
  • Business Quant data shows Operating Expenses for SPHR at $113.0 million in Q4 2025, $99.7 million in Q3 2025, and $113.0 million in Q2 2025.