Sphere Entertainment (SPHR) Operating Expenses (2019 - 2026)
Sphere Entertainment filings provide 7 years of Operating Expenses readings, the most recent being -$241.7 million for Q4 2025.
- On a quarterly basis, Operating Expenses changed N/A to -$241.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$19.9 million, a 105.6% decrease, with the full-year FY2025 number at $94.1 million, down 63.74% from a year prior.
- Operating Expenses hit -$241.7 million in Q4 2025 for Sphere Entertainment, down from $105.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $510.3 million in Q2 2022 to a low of -$241.7 million in Q4 2025.
- Median Operating Expenses over the past 5 years was $122.1 million (2023), compared with a mean of $200.7 million.
- Biggest five-year swings in Operating Expenses: soared 456.8% in 2021 and later crashed 90.71% in 2022.
- Sphere Entertainment's Operating Expenses stood at $481.1 million in 2021, then plummeted by 77.58% to $107.9 million in 2022, then rose by 8.29% to $116.8 million in 2023, then grew by 2.64% to $119.9 million in 2024, then tumbled by 301.59% to -$241.7 million in 2025.
- The last three reported values for Operating Expenses were -$241.7 million (Q4 2025), $105.7 million (Q3 2025), and $116.1 million (Q1 2025) per Business Quant data.