Sphere Entertainment Co. (SPHR) — Financial statements
Income statement, balance sheet, and cash flow for Sphere Entertainment Co. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,027↑0.0% | 1,027↑79.0% | 574↓5.9% | 610↓5.8% | 648 | |
| Cost of Revenue | 804↑46.8% | 548↑60.1% | 342↑6.8% | 320↑21.8% | 263 | |
| Gross Profit | 223↓53.5% | 479↑106.8% | 232↓20.1% | 290↓24.7% | 385 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 355 | 0.00 | 0.00 | 0.00↓100.0% | 277 | |
| Selling & Marketing Expenses | 25 | 0.00 | 0.00 | 0.00↓100.0% | 25 | |
| SG&A Expenses | 381↓12.0% | 433↓4.3% | 452↑7.7% | 420↑39.1% | 302 | |
| Other Expenses | 65↓83.3% | 387↑637.7% | 53↑47.0% | 36↑95.7% | 18 | |
| Operating Expenses | 446↓45.7% | 820↑62.5% | 505↑10.8% | 456↑42.3% | 320 | |
| Total Costs & Expenses | 1,250↓8.6% | 1,368↑61.6% | 847↑9.2% | 776↑33.1% | 583 | |
| Operating Results | ||||||
| Operating Income | -223↑34.7% | -341↓25.0% | -273↓64.7% | -166↓356.9% | 65 | |
| Depreciation & Amortization | 256↑0.0% | 256↑148.1% | 103↓17.1% | 125↑2.2% | 122 | |
| EBITDA | -24↑0.0% | -24↓106.3% | 379↑979.9% | -43↓123.2% | 186 | |
| EBIT | -280↑0.0% | -280↓201.8% | 275↑264.3% | -168↓363.0% | 64 | |
| Interest & Other Income | ||||||
| Net Interest Income | -54↑0.0% | -54↓567.7% | 12↑167.4% | -17↓0.9% | -17 | |
| Interest Income | 26↑0.0% | 26↑121.7% | 12↑259.6% | 3↑1.6% | 3 | |
| Interest Expense | 80↑0.0% | 80 | 0.00↓100.0% | 20↑1.0% | 20 | |
| Non-Operating Income | 57↑194.2% | -61↑88.9% | -548↓28328.1% | 2↑154.7% | 0.76 | |
| Other Income / Expenses | -137↓622.8% | -19↓103.5% | 548↑28328.1% | -2↑90.7% | -21 | |
| Income Before Tax | -360↑0.0% | -360↓230.8% | 275↑264.3% | -168↓485.2% | 44 | |
| Income Tax Expense | -136↑0.0% | -136↓231.1% | 103↑446.6% | -30↓176.7% | 39 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -225↑0.0% | -225↓230.6% | 172↑224.8% | -138↓3081.8% | 5 | |
| Net Income from Discontinued Operations | 24↑0.0% | 24↓92.7% | 331↑684.9% | -57↑67.0% | -171 | |
| Net Income | -201↑0.0% | -201↓139.9% | 503↑358.6% | -194↓31.2% | -148 | |
| Bottom-Line Net Income | -201↑0.0% | -201↓139.9% | 503↑358.6% | -194↓23.9% | -157 | |
| EPS (Basic) | -5.68↑0.0% | -5.68↓139.1% | 14.51↑351.5% | -5.77↓4708.3% | -0.12 | |
| EPS (Diluted) | -5.68↑0.0% | -5.68↓139.4% | 14.40↑349.6% | -5.77↓4338.5% | -0.13 | |
| Weighted Average Shares | 36↑1.6% | 35↑1.9% | 35↑1.2% | 34↑41.5% | 24 | |
| Weighted Average Diluted Shares | 36↑1.6% | 35↑1.1% | 35↑2.0% | 34↑41.5% | 24 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.