Sphere Entertainment SPHR
NYSE SPHR
$142.43 +0.01 (+0.01%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Sphere Entertainment's (SPHR) quarterly Operating Income came in at -$61.3 million in Q2 2026, down 129.41% on a YoY basis from $208.3 million in Q2 2025, and down 950.62% quarter-over-quarter from $7.2 million in Q1 2026.

Analysis

Sphere Entertainment (SPHR) Operating Income (2019 - 2026) Analysis & Trends

Sphere Entertainment (SPHR) has reported Operating Income for 8 consecutive years, with -$61.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income fell 129.41% year-over-year to -$61.3 million; the trailing twelve-month figure through Jun 2026 stood at $24.5 million (up 111.61% YoY), and the FY2025 full-year result was -$229.6 million, up 11.9% from the prior year.
  • Operating Income declined to -$61.3 million in Q2 2026 per SPHR's latest filing, from $7.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $208.3 million in Q2 2025 and bottomed at -$229.4 million in Q3 2024.
  • Historically, Operating Income has averaged -$63.9 million across 5 years, with a median of -$65.8 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Income slumped 359.28% in 2023, then surged 286.39% in 2025.
  • Over 5 years, Operating Income stood at -$49.7 million in 2022, then plunged by 221.07% to -$159.7 million in 2023, then plunged by 43.65% to -$229.4 million in 2024, then jumped by 43.45% to -$129.7 million in 2025, then soared by 52.77% to -$61.3 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$61.3 million, $7.2 million, and -$129.7 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Madison Square Garden Sports 9.43 Bn 9.27 Bn 119.21 Mn 32.15 Mn
2 Sphere Entertainment 5.15 Bn 4.60 Bn 162.58 Mn -61.26 Mn
3 Vail Resorts 4.74 Bn 4.36 Bn - 494.13 Mn
4 Atlanta Braves Holdings 3.58 Bn 3.40 Bn 53.08 Mn -18.54 Mn
5 Manchester United 3.54 Bn 3.45 Bn 209.64 Mn 6.88 Mn
6 Lucky Strike Entertainment 793.15 Mn 753.79 Mn 199.97 Mn 9.59 Mn
7 Seaport Entertainment 336.56 Mn 218.77 Mn 18.12 Mn -11.10 Mn
8 Dave & Buster's Entertainment 303.28 Mn 283.68 Mn 372.50 Mn 46.90 Mn
9 Rci Hospitality Holdings 221.02 Mn 194.61 Mn - 12.97 Mn
10 Aureus Greenway Holdings 181.97 Mn 139.22 Mn - -763,469.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -61.26 Mn
Mar 31, 2026 7.20 Mn
Sep 30, 2025 -129.72 Mn
Jun 30, 2025 208.33 Mn
Mar 31, 2025 -78.61 Mn
Sep 30, 2024 -229.39 Mn
Jun 30, 2024 -111.77 Mn
Mar 31, 2024 -40.39 Mn
Dec 31, 2023 -159.68 Mn
Sep 30, 2023 -69.79 Mn
Jun 30, 2023 -70.35 Mn
Mar 31, 2023 -101.91 Mn
Dec 31, 2022 -49.74 Mn
Sep 30, 2022 -51.06 Mn
Jun 30, 2022 -61.85 Mn
Mar 31, 2022 -22.19 Mn
Dec 31, 2021 -29.28 Mn
Sep 30, 2021 -52.42 Mn
Jun 30, 2021 -43.99 Mn
Mar 31, 2021 -38.74 Mn