SPHR - NYSE
Sphere Entertainment Co.
$141.75
+1.5%Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.
At a Glance
Live SnapshotSphere Entertainment Co. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Flat FCF growth. Stable but not expanding—monitor for signs of business maturity or temporary headwinds.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Sphere Entertainment Co. Cash Flow Statement
SPHR • NYSE
| Sphere Entertainment Co. Cash Flow Statement | Dec 2024 | Dec 2024 | Jun 2024 | Jun 2024 | Jun 2023 | Jun 2023 | Jun 2022 | Jun 2022 | Jun 2021 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||||||
-462.5M | -462.5M | -200.6M | -200.6M | 505.7M | 505.7M | -190.1M | -190.1M | -166.5M | -166.5M | 149.8M | -20.5M | 1.9M | -112.6M | -77.3M | |
365.4M | 365.4M | 256.5M | 256.5M | 103.4M | 103.4M | 124.6M | 124.6M | 122M | 122M | 112.1M | 109.3M | 112.1M | 98.1M | 102.5M | |
0.0 | 0.0 | -132.5M | -132.5M | 123.5M | 123.5M | -31.3M | -31.3M | -71.4M | -71.4M | 8.7M | -371K | -31.3M | -7.8M | 0.0 | |
68.2M | 68.2M | 48M | 48M | 62.7M | 62.7M | 77.1M | 77.1M | 70.6M | 70.6M | 61.4M | 35.4M | 27.3M | 22.2M | 24.5M | |
168.7M | 168.7M | 168.5M | 168.5M | -769M | -742.2M | 97.8M | 124.5M | -16.4M | -16.4M | -11.5M | 579K | 6.4M | 71.9M | 76.1M | |
-159.5M | -159.5M | -159.5M | -159.5M | 127.4M | 100.6M | 63.2M | 36.5M | 3M | 3M | -12.4M | -23.1M | 28M | 24.6M | 0.0 | |
-19.7M | -19.7M | -19.7M | -19.7M | 153.6M | 153.6M | 141.3M | 141.3M | -58.7M | -58.7M | 308.1M | 101.4M | 144.4M | 96.3M | 125.8M | |
INVESTING ACTIVITIES | |||||||||||||||
-97.9M | -97.9M | -264.7M | -289.8M | -1.2B | -1.1B | -805.2M | -756.7M | -456M | -456M | -457.3M | -193.7M | -187.4M | -41.8M | (0.0) | |
-2.5M | -2.5M | -9.4M | (246.3M) | (516.7M) | (312.1M) | (1.1M) | (1.1M) | (197K) | (197K) | (227.5M) | (73M) | -17.4M | -199.5M | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.1B) | (0.0) | (0.0) | (0.0) | (456M) | -443.2M | -112.7M | -11.3M | -23.2M | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 4.4M | 209M | 0.0 | 0.0 | 361.2M | 361.2M | 215.9M | 125.8M | 36.6M | 0.0 | 0.0 | |
55.2M | 55.2M | 228.9M | -1.8M | 0.0 | -1.2B | 0.0 | -48.5M | -28.6M | -484.6M | 62.6M | -130.2M | 35.1M | -37.4M | -115.7M | |
-45.2M | -45.2M | -45.2M | -45.2M | -653.9M | -653.9M | -804.2M | -804.2M | -123.2M | -123.2M | -394.5M | -237.7M | -169.6M | -260.1M | -115.7M | |
FINANCING ACTIVITIES | |||||||||||||||
-34.6M | -34.6M | 8.8M | 8.8M | 0.0 | -16.6M | 0.0 | -16.7M | 0.0 | -8.2M | -293.5M | 0.0 | 0.0 | 0.0 | 0.0 | |
232.8M | 232.8M | 218.5M | 232.8M | 227.8M | 227.8M | 24.1M | 598.8M | 598.8M | 598.8M | 43.8M | -56.3M | -688K | 0.0 | 0.0 | |
(0.0) | (0.0) | -121.5M | (0.0) | -121.5M | -121.5M | -2.3M | -2.3M | -1.8M | -1.8M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-34.6M | -34.6M | -16.5M | (0.0) | (0.0) | -16.6M | (0.0) | -16.7M | (0.0) | -8.2M | -293.5M | (0.0) | (0.0) | (0.0) | (0.0) | |
11.5M | 11.5M | 103.9M | -31.9M | -20.7M | -4.1M | -52.2M | -610.2M | -4.3M | 3.9M | 135.9M | 47.7M | 16M | -38.6M | 1.4B | |
209.7M | 209.7M | 209.7M | 209.7M | 85.5M | 85.5M | -30.4M | -30.4M | 592.7M | 592.7M | -113.9M | -8.6M | 15.4M | -38.6M | 1.4B | |
CASH FLOW SUMMARY | |||||||||||||||
-771K | -771K | -771K | -771K | -2.1M | -2.1M | -750K | -750K | 8M | 8M | 2.9M | 4.7M | 331K | 0.0 | 0.0 | |
144.1M | 144.1M | 144.1M | 144.1M | -416.9M | -416.9M | -694M | -694M | 418.8M | 418.8M | -197.3M | -140.3M | -9.6M | -202.4M | 1.4B | |
429.1M | 429.1M | 429.1M | 429.1M | 846M | 846M | 1.5B | 1.5B | 1.1B | 1.1B | 1.3B | 1.2B | 1.2B | 1.4B | 14.2M | |
573.2M | 573.2M | 573.2M | 573.2M | 429.1M | 429.1M | 846M | 846M | 1.5B | 1.5B | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | |
-309.4M | -309.4M | -309.4M | -309.4M | -1B | -905.4M | -663.9M | -615.4M | -514.7M | -514.7M | -149.2M | -92.3M | -43M | 54.5M | 125.8M |
SEC Filings
SPHR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | January 29, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 21, 2025 | November 19, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 26, 2025 | September 22, 2025 | 2025 |
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