Sphere Entertainment (SPHR) Operating Leases (2020 - 2026)
Sphere Entertainment (SPHR) reported Operating Leases of $118.82 million for Q2 2026, up 6.6% from the prior quarter.
Powered by 
Analysis
Sphere Entertainment (SPHR) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Sphere Entertainment posted Operating Leases of $113.82 million, down 2.4% from FY2024.
- Operating Leases has a five-year compound annual growth rate of -8.2% (FY2020 to FY2025).
- By year, Operating Leases came in at $116.67 million in FY2024, $110.26 million in FY2023 (+30.6%), $84.42 million in FY2022 (-63.9%) and $233.56 million in FY2021 (+34.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $111.46 million (Q1 2026), $113.82 million (Q4 2025) and $109.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - |
| 10 | Sphere Entertainment | 4.99 Bn | 2.89 Bn | 162.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.82 Mn |
| Mar 31, 2026 | 111.46 Mn |
| Dec 31, 2025 | 113.82 Mn |
| Sep 30, 2025 | 109.75 Mn |
| Jun 30, 2025 | 111.82 Mn |
| Mar 31, 2025 | 114.42 Mn |
| Dec 31, 2024 | 116.67 Mn |
| Sep 30, 2024 | 124.81 Mn |
| Jun 30, 2024 | 128.02 Mn |
| Mar 31, 2024 | 130.42 Mn |
| Dec 31, 2023 | 109.30 Mn |
| Sep 30, 2023 | 111.59 Mn |
| Jun 30, 2023 | 110.26 Mn |
| Mar 31, 2023 | 342.63 Mn |
| Dec 31, 2022 | 479.99 Mn |
| Sep 30, 2022 | 441.54 Mn |
| Jun 30, 2022 | 84.42 Mn |
| Mar 31, 2022 | 440.32 Mn |
| Dec 31, 2021 | 450.02 Mn |
| Sep 30, 2021 | 396.57 Mn |
API Access
Sphere Entertainment Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SPHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SPHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SPHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();