Sphere Entertainment Co.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 06/30/24 | FY 06/30/23 | FY 06/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.2B | — | $1.0B | $571.2M | $608.2M |
| Selling, general & administrative | — | — | — | — | $681.8M |
| Operating expenses | — | — | — | — | $1.8B |
| Operating income | -$229.6M | — | -$341.2M | -$273.0M | -$102.7M |
| Interest expense | — | — | — | — | $27.2M |
| Pretax income | $57.2M | — | -$360.2M | $275.4M | -$215.9M |
| Income tax expense | $23.8M | — | -$135.6M | $103.4M | -$29.8M |
| Net income | $33.4M | — | -$200.6M | $502.8M | -$194.4M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $132.0M | $747.3M |
| Current assets | $810.2M | $761.0M | $865.7M | $623.9M | $1.2B |
| Total assets | $4.2B | $4.5B | $4.8B | $5.0B | $5.5B |
| Current liabilities | $743.4M | $1.4B | $1.4B | $692.1M | $961.1M |
| Total liabilities | $2.0B | $2.3B | $2.4B | $2.4B | $3.4B |
| Total debt | — | — | — | — | $1.7B |
| Stockholders' equity | $2.2B | $2.2B | $2.4B | $2.6B | $2.0B |
| Cash Flow Statement | |||||
| Cash from operations | $243.3M | — | -$19.7M | $153.6M | $141.3M |
| Depreciation and amortization | $336.4M | — | $256.5M | $103.4M | $124.6M |
| Stock-based compensation | $59.0M | — | $48.0M | $62.7M | $77.1M |
| Capital expenditure | $4.5M | — | $49.8M | $248.0M | $756.7M |
| Free cash flow | $238.9M | — | -$69.5M | -$94.5M | -$615.4M |
| Share repurchases | $50.0M | — | $0 | $0 | $0 |
| Impairments | $65.4M | — | — | — | — |
Shares outstanding 35.8M · Free float 66.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.