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

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

Sphere Entertainment's (SPHR) quarterly Operating Leases came in at $118.8 million in Q2 2026, up 6.25% on a YoY basis from $111.8 million in Q2 2025, and up 6.6% quarter-over-quarter from $111.5 million in Q1 2026.

Analysis

Sphere Entertainment (SPHR) Operating Leases (2020 - 2026) Analysis & Trends

Sphere Entertainment (SPHR) has reported Operating Leases for 7 consecutive years, with $118.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases rose 6.25% year-over-year to $118.8 million; the trailing twelve-month figure through Jun 2026 stood at $118.8 million (up 6.25% YoY), and the FY2025 full-year result was $113.8 million, down 16.27% from the prior year.
  • Operating Leases advanced to $118.8 million in Q2 2026 per SPHR's latest filing, from $111.5 million in the prior quarter.
  • Across five years, Operating Leases topped out at $507.3 million in Q1 2022 and bottomed at $91.0 million in Q2 2022.
  • Historically, Operating Leases has averaged $189.1 million across 5 years, with a median of $119.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 123.62% in 2022, then tumbled 77.23% in 2023.
  • Over 5 years, Operating Leases stood at $480.0 million in 2022, then sank by 77.23% to $109.3 million in 2023, then advanced by 24.37% to $135.9 million in 2024, then retreated by 16.27% to $113.8 million in 2025, then increased by 4.39% to $118.8 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $118.8 million, $111.5 million, and $113.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
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 135.94 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 120.39 Mn
Mar 31, 2023 342.63 Mn
Dec 31, 2022 479.99 Mn
Sep 30, 2022 441.54 Mn
Jun 30, 2022 90.97 Mn
Mar 31, 2022 507.33 Mn
Dec 31, 2021 515.68 Mn
Sep 30, 2021 450.14 Mn