Sphere Entertainment (SPHR) Operating Expenses (2019 - 2026)

Sphere Entertainment (SPHR) has reported Operating Expenses for 8 consecutive years, with $139.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 162.91% year-over-year to $139.5 million; the trailing twelve-month figure through Jun 2026 stood at $148.5 million (down 69.32% YoY), and the FY2025 full-year result was $453.4 million, up 74.78% from the prior year.
• Operating Expenses improved to $139.5 million in Q2 2026 per SPHR's latest filing, from $125.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $510.3 million in Q2 2022 and bottomed at -$221.8 million in Q2 2025.
• Historically, Operating Expenses has averaged $178.7 million across 5 years, with a median of $133.7 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 291.99% in 2024, then sank 194.38% in 2025.
• Over 5 years, Operating Expenses stood at $215.5 million in 2022, then tumbled by 45.81% to $116.8 million in 2023, then jumped by 203.82% to $354.9 million in 2024, then plunged by 70.22% to $105.7 million in 2025, then surged by 32.02% to $139.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $139.5 million, $125.1 million, and $105.7 million for Q2 2026, Q1 2026, and Q3 2025 respectively.