Sphere Entertainment Co. · NYSE:SPHR
Sphere Entertainment — Q2 2026 Earnings Presentation
9 slides from Sphere Entertainment's earnings presentation, Jul 30, 2026
Slide 1: Sphere Entertainment Co. Reports Second Quarter 2026 Results
SPHERE ENTERTAINMENT CO. REPORTS SECOND QUARTER 2026 RESULTS NEW YORK, N.Y., July 30, 2026 - Sphere Entertainment Co. (NYSE: SPHR) (“Sphere Entertainment” or the “Company”) today reported financial results for the second quarter ended June 30, 2026. Recent highlights for the Company’s Sphere segment
Slide 2: Sphere
Sphere For the three months ended June 30, 2026, the Sphere segment reported revenues of $226.4 million, an increase of $50.8 million, or 29%, as compared to the prior year quarter. Revenues related to The Sphere Experience increased $53.8 million as compared to the prior year quarter, which primari
Slide 3: About Sphere Entertainment Co.
About Sphere Entertainment Co. Sphere Entertainment Co. is a leader in immersive experiences, technology and media. The Company includes Sphere, an experiential medium powered by advanced technologies. The first Sphere opened in Las Vegas, with plans also announced for Sphere venues in Abu Dhabi and
Slide 4: Condensed Consolidated Statements of Operations
SPHERE ENTERTAINMENT CO. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Revenues ......................................................................................... $ 31
Slide 5: Adjustments to Reconcile Operating Income (Loss) to Adjusted Operating Income (Loss)
SPHERE ENTERTAINMENT CO. ADJUSTMENTS TO RECONCILE OPERATING INCOME (LOSS) TO ADJUSTED OPERATING INCOME (LOSS) (In thousands) (Unaudited) The following is a description of the adjustments to operating loss in arriving at adjusted operating income as described in this earnings release: • Share-based c
Slide 6: Segment Results
SPHERE ENTERTAINMENT CO. SEGMENT RESULTS (In thousands) (Unaudited) BUSINESS SEGMENT RESULTS Three Months Ended June 30, 2026 Sphere MSG Networks Total Revenues ............................................................................................. $ 226,353 $ 87,286 $ 313,639 Operating expens
Slide 7: Segment Results
SPHERE ENTERTAINMENT CO. SEGMENT RESULTS (In thousands) (Unaudited) BUSINESS SEGMENT RESULTS Six Months Ended June 30, 2026 Sphere MSG Networks Total Revenues ............................................................................................. $ 492,318 $ 207,733 $ 700,051 Operating expense
Slide 8: Condensed Consolidated Balance Sheets
SPHERE ENTERTAINMENT CO. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except per share data) (Unaudited) As of June 30, December 31, 2026 2025 ASSETS...............................................................................................................................................
Slide 9: Selected Cash Flow Information
SPHERE ENTERTAINMENT CO. SELECTED CASH FLOW INFORMATION (In thousands) (Unaudited) Six Months Ended June 30, 2026 2025 Net cash provided by (used in) operating activities ........................................................................ $ 102,583 $ (52,711) Net cash (used in) provided by inve