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Sphere Entertainment (SPHR)

Earnings summaries and quarterly performance for Sphere Entertainment.

Recent press releases and 8-K filings for SPHR.

Sphere Entertainment Co. Reports Q3 2025 Financial Results and Business Updates
SPHR
Earnings
Share Buyback
New Projects/Investments
  • Sphere Entertainment Co. reported total revenues of $262.5 million and adjusted operating income of $36.4 million for Q3 2025.
  • The Sphere segment revenue grew 37% to $174.1 million, primarily driven by the success of "The Wizard of Oz," which launched in late August and generated over $130 million in ticket sales from more than 1 million tickets sold by mid-October.
  • The MSG Networks segment saw revenues decrease to $88.4 million due to an approximately 13.5% subscriber decline, though adjusted operating income rose to $19.3 million.
  • The company repurchased $50 million of Class A Common Stock (approximately 1.1 million shares) during the quarter, with $300 million remaining under its current buyback authorization.
  • Sphere is advancing global venue expansion plans, including nearing completion of pre-construction in Abu Dhabi, and is exploring commercial opportunities for its proprietary technology, such as Sphere Immersive Sound and AI tools.
Nov 4, 2025, 3:00 PM
Sphere Entertainment Reports Strong Q3 2025 Results Driven by Sphere Segment Performance
SPHR
Earnings
New Projects/Investments
Share Buyback
  • Sphere Entertainment reported Q3 2025 revenues of $262.5 million and adjusted operating income of $36.4 million.
  • The Sphere segment's revenue grew 37% year-over-year to $174.1 million, primarily due to the success of "The Wizard of Oz at Sphere," which launched on August 28th and has already sold over 1 million tickets, generating more than $130 million in ticket sales by mid-October.
  • The company is advancing its global expansion plans, nearing completion of pre-construction in Abu Dhabi and engaging in discussions for new venues with seating capacities ranging from approximately 3,000 to 18,000.
  • During the quarter, Sphere Entertainment repurchased $50 million of its Class A Common Stock, representing approximately 1.1 million shares, with $300 million remaining under its current buyback authorization.
Nov 4, 2025, 3:00 PM
Sphere Entertainment Co. Reports Q3 2025 Results with Strong Sphere Segment Growth
SPHR
Earnings
New Projects/Investments
Share Buyback
  • Sphere Entertainment Co. reported Q3 2025 total revenues of $262.5 million and adjusted operating income of $36.4 million.
  • The Sphere segment's revenue grew 37% year-over-year to $174.1 million, primarily due to the success of The Wizard of Oz at Sphere, which achieved over 1 million tickets sold and $130 million in ticket sales by mid-October.
  • The company is advancing its global expansion plans, nearing completion of the pre-construction phase for a Sphere venue in Abu Dhabi and discussing various venue sizes (3,000, 6,000, and 18,000 seating capacities) with potential partners worldwide.
  • During the quarter, Sphere Entertainment repurchased $50 million of its Class A Common Stock, with approximately $300 million remaining under the current buyback authorization.
  • The MSG Networks segment generated $88.4 million in revenues, impacted by an approximately 13.5% decrease in subscribers.
Nov 4, 2025, 3:00 PM
SPHR Reports Q3 2025 Financials, Strong Sphere Performance, and Venue Expansion Progress
SPHR
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
  • Sphere Entertainment reported Q3 2025 total revenues of $262.5 million and adjusted operating income of $36.4 million. The Sphere segment's revenue increased 37% year-over-year to $174.1 million, primarily due to strong demand for "The Wizard of Oz at Sphere," which sold over 1 million tickets and generated over $130 million in ticket sales by mid-October.
  • The company is actively pursuing global venue expansion, nearing completion of the preconstruction phase in Abu Dhabi and engaging in discussions for various Sphere sizes (3,000, 6,000, and 18,000 seating capacities) in other markets, with a preferred capital-free model.
  • Technology advancements include over 60 patents, the introduction of Sphere Immersive Sound at Radio City Music Hall, and a partnership with Google for AI tools, with plans to monetize its AI infrastructure beyond Sphere venues.
  • MSG Networks generated $88.4 million in revenues and $19.3 million in adjusted operating income. Additionally, Sphere Entertainment repurchased $50 million of Class A common stock during the quarter, with $300 million remaining under its current buyback authorization.
Nov 4, 2025, 3:00 PM
Sphere Entertainment Co. Reports Q3 2025 Financial Results
SPHR
Earnings
Share Buyback
New Projects/Investments
  • Sphere Entertainment Co. reported total revenues of $262.5 million for the third quarter ended September 30, 2025, representing a 15% increase compared to the prior year quarter, and achieved adjusted operating income of $36.4 million.
  • The company's Sphere segment saw its new experience, "The Wizard of Oz at Sphere," debut on August 28th and surpass one million tickets sold by mid-October.
  • During the third quarter of 2025, Sphere Entertainment Co. repurchased approximately $50 million of its Class A common stock, with approximately $300 million remaining under its existing share repurchase authorization.
Nov 4, 2025, 12:37 PM