Sphere Entertainment (SPHR) Operating Leases (2020 - 2026)

Sphere Entertainment has reported Operating Leases for 7 years, with the latest figure at $111.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 2.59% year-over-year to $111.5 million; the trailing twelve-month figure through Mar 2026 stood at $111.5 million (down 2.59% YoY), and the FY2025 full-year result was $113.8 million, down 2.44% from the prior year.
• Operating Leases for Q1 2026 stood at $111.5 million, down from $113.8 million in the prior quarter.
• The five-year high for Operating Leases was $507.3 million in Q1 2022, with the low at $84.4 million in Q2 2022.
• Historically, Operating Leases has averaged $191.7 million across 5 years, with a median of $116.7 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Leases soared 123.62% — and 2023, when it slumped 77.23%.
• Sphere Entertainment's Operating Leases stood at $480.0 million in 2022, then tumbled by 77.23% to $109.3 million in 2023, then grew by 6.74% to $116.7 million in 2024, then fell by 2.44% to $113.8 million in 2025, then decreased by 2.07% to $111.5 million in 2026.
• The last three Operating Leases figures came in at $111.5 million (Q1 2026), $113.8 million (Q4 2025), and $109.8 million (Q3 2025), per Business Quant data.