Sphere Entertainment Co
NYSE:SPHR
Income Statement
Earnings Waterfall
Sphere Entertainment Co
Income Statement
Sphere Entertainment Co
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
4
|
2
|
37
|
41
|
46
|
52
|
20
|
24
|
26
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
52
|
0
|
79
|
57
|
80
|
106
|
89
|
|
| Revenue |
1 039
N/A
|
971
-7%
|
1 436
+48%
|
1 429
-1%
|
1 203
-16%
|
1 236
+3%
|
648
-48%
|
772
+19%
|
884
+15%
|
1 022
+16%
|
610
-40%
|
439
-28%
|
810
+85%
|
821
+1%
|
574
-30%
|
569
-1%
|
574
+1%
|
188
-67%
|
1 027
+447%
|
1 137
+11%
|
536
-53%
|
1 090
+103%
|
1 099
+1%
|
1 134
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(643)
|
(601)
|
(753)
|
(720)
|
(608)
|
(594)
|
(257)
|
(318)
|
(417)
|
(513)
|
(319)
|
(241)
|
(430)
|
(442)
|
(341)
|
(350)
|
(341)
|
(80)
|
(542)
|
(603)
|
(303)
|
(615)
|
(597)
|
(594)
|
|
| Gross Profit |
396
N/A
|
370
-7%
|
684
+85%
|
709
+4%
|
595
-16%
|
642
+8%
|
390
-39%
|
454
+16%
|
467
+3%
|
509
+9%
|
291
-43%
|
197
-32%
|
381
+93%
|
379
0%
|
233
-38%
|
219
-6%
|
233
+6%
|
108
-54%
|
485
+349%
|
534
+10%
|
233
-56%
|
475
+104%
|
503
+6%
|
540
+7%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(471)
|
(480)
|
(583)
|
(579)
|
(580)
|
(613)
|
(318)
|
(418)
|
(380)
|
(369)
|
(444)
|
(325)
|
(443)
|
(507)
|
(485)
|
(486)
|
(484)
|
(473)
|
(695)
|
(789)
|
(423)
|
(807)
|
(815)
|
(798)
|
|
| Selling, General & Administrative |
(363)
|
(373)
|
(471)
|
(465)
|
(468)
|
(487)
|
(301)
|
(400)
|
(375)
|
(383)
|
(421)
|
(328)
|
(418)
|
(479)
|
(454)
|
(446)
|
(454)
|
(338)
|
(439)
|
(465)
|
(258)
|
(476)
|
(482)
|
(462)
|
|
| Depreciation & Amortization |
(109)
|
(107)
|
(112)
|
(114)
|
(112)
|
(126)
|
(17)
|
(18)
|
(5)
|
14
|
(23)
|
1
|
(25)
|
(28)
|
(31)
|
(39)
|
(31)
|
(137)
|
(256)
|
(324)
|
(165)
|
(332)
|
(333)
|
(336)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(1)
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(75)
N/A
|
(110)
-46%
|
100
N/A
|
130
+29%
|
15
-89%
|
29
+101%
|
73
+149%
|
36
-51%
|
87
+141%
|
141
+62%
|
(153)
N/A
|
(128)
+16%
|
(62)
+51%
|
(127)
-105%
|
(251)
-97%
|
(267)
-6%
|
(251)
+6%
|
(364)
-45%
|
(210)
+42%
|
(255)
-21%
|
(190)
+25%
|
(332)
-75%
|
(312)
+6%
|
(258)
+17%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
14
|
14
|
(19)
|
(30)
|
(41)
|
(51)
|
(17)
|
(21)
|
(20)
|
(17)
|
4
|
17
|
26
|
33
|
12
|
13
|
0
|
(34)
|
(61)
|
(67)
|
(46)
|
(75)
|
(90)
|
(76)
|
|
| Non-Reccuring Items |
(4)
|
(106)
|
135
|
115
|
114
|
216
|
(8)
|
4
|
13
|
(1)
|
(13)
|
(5)
|
(19)
|
(26)
|
(22)
|
(25)
|
(22)
|
(122)
|
(68)
|
(134)
|
(70)
|
(79)
|
269
|
202
|
|
| Total Other Income |
23
|
1
|
35
|
62
|
45
|
90
|
(4)
|
(41)
|
(53)
|
(90)
|
(6)
|
(3)
|
14
|
29
|
537
|
580
|
548
|
573
|
(21)
|
(20)
|
0
|
(16)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
(42)
N/A
|
(201)
-377%
|
252
N/A
|
277
+10%
|
133
-52%
|
284
+114%
|
44
-85%
|
(21)
N/A
|
27
N/A
|
33
+20%
|
(168)
N/A
|
(120)
+28%
|
(42)
+65%
|
(90)
-117%
|
275
N/A
|
300
+9%
|
275
-8%
|
53
-81%
|
(360)
N/A
|
(475)
-32%
|
(307)
+36%
|
(502)
-64%
|
(135)
+73%
|
(134)
+1%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(1)
|
9
|
(102)
|
(111)
|
(110)
|
(126)
|
(39)
|
(11)
|
(13)
|
(13)
|
30
|
13
|
9
|
24
|
(103)
|
(15)
|
(103)
|
6
|
136
|
78
|
75
|
118
|
(26)
|
(24)
|
|
| Income from Continuing Operations |
(43)
|
(192)
|
150
|
166
|
23
|
158
|
5
|
(32)
|
14
|
20
|
(138)
|
(108)
|
(32)
|
(66)
|
172
|
285
|
172
|
59
|
(225)
|
(397)
|
(231)
|
(384)
|
(161)
|
(157)
|
|
| Income to Minority Interest |
6
|
31
|
32
|
36
|
41
|
23
|
18
|
11
|
10
|
3
|
4
|
6
|
4
|
3
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(38)
N/A
|
(161)
-325%
|
182
N/A
|
202
+11%
|
65
-68%
|
173
+166%
|
(157)
N/A
|
(200)
-28%
|
(142)
+29%
|
(133)
+7%
|
(198)
-49%
|
(163)
+17%
|
(98)
+40%
|
(137)
-40%
|
503
N/A
|
614
+22%
|
503
-18%
|
383
-24%
|
(201)
N/A
|
(372)
-85%
|
(231)
+38%
|
(360)
-56%
|
(161)
+55%
|
(157)
+3%
|
|
| EPS (Diluted) |
-1.57
N/A
|
-6.69
-326%
|
5.2
N/A
|
5.93
+14%
|
1.9
-68%
|
5.05
+166%
|
-4.6
N/A
|
-5.87
-28%
|
-4.08
+30%
|
-3.86
+5%
|
-5.76
-49%
|
-4.74
+18%
|
-2.77
+42%
|
-3.95
-43%
|
14.4
N/A
|
17.44
+21%
|
14.37
-18%
|
10.94
-24%
|
-5.68
N/A
|
-10.42
-83%
|
-6.45
+38%
|
-9.96
-54%
|
-3.59
+64%
|
-4.34
-21%
|
|