← Sphere Entertainment Co.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | — | $906.6m | $1.2b | $760.3m | $429.1m | $573.2m | $521.3m | |
| Prepaid expenses and other current assets | — | — | $116.2m | $123.5m | $56.1m | $54.9m | $92.8m | |
| Total current assets | $1.3b | $1.4b | $1.4b | $1.2b | $623.9m | $865.7m | $810.2m | |
| Property and equipment, net | $1.3b | $1.6b | $2.1b | $2.9b | $3.3b | $3.2b | $2.7b | |
| Goodwill | $165.6m | $74.3m | $77.7m | $500.2m | $456.8m | $470.2m | $344.8m | |
| Intangible assets, net | $214.4m | $150.4m | $171.5m | $164.1m | $17.9m | $31.9m | $21.8m | |
| Right-of-use lease assets | $0 | $220.3m | $268.6m | $446.5m | $84.9m | $106.5m | $91.4m | |
| Accounts receivable, net / Related party receivables, current | $81.0m | $57.2m | $86.0m | $216.7m | $138.7m | $237.6m | $196.1m | |
| Investments | — | — | — | — | $395.6m | $30.7m | $38.7m | |
| Other non-current assets | $90.0m | $85.1m | $128.2m | $146.1m | $87.8m | $124.5m | $192.4m | |
| Accrued expenses and other current liabilities | — | — | — | — | — | $388.4m | $431.5m | |
| Related party payables, current | — | — | — | — | $56.4m | $8.2m | $14.3m | |
| Operating lease liabilities, current | $0 | $53.4m | $68.5m | $65.3m | $10.1m | $18.5m | $17.2m | |
| Deferred revenue | $186.9m | $189.3m | $209.5m | $228.0m | $27.3m | $80.4m | $192.8m | |
| Operating lease liabilities, non-current | $0 | $174.2m | $224.7m | $428.0m | $110.3m | $128.0m | $113.8m | |
| Other non-current liabilities | $59.5m | $78.3m | $73.8m | $145.5m | $88.8m | $122.7m | $179.9m | |
| Total stockholders’ equity | $2.6b | $2.8b | $2.4b | $2.0b | $2.6b | $2.4b | $2.2b | |
| Total assets | $3.3b | $3.7b | $4.3b | $5.5b | $5.0b | $4.8b | $4.2b | |
| Accounts payable | $24.0m | $17.3m | $23.9m | $32.0m | — | $33.6m | $24.6m | |
| Current portion of long-term debt, net | $6.0m | $5.4m | $5.7m | $73.8m | $82.5m | $849.4m | $63.0m | |
| Total current liabilities | $474.0m | $510.0m | $653.1m | $956.4m | $692.1m | $1.4b | $743.4m | |
| Long-term debt, net | $48.6m | $28.1m | $655.1m | $1.7b | $1.1b | $522.7m | $767.4m | |
| Deferred tax liabilities, net | $23.0m | $12.4m | $12.0m | $163.4m | $379.6m | $225.2m | $172.1m | |
| Total liabilities | $662.3m | $844.8m | $1.7b | $3.4b | $2.4b | $2.4b | $2.0b | |
| Common stock | $0 | $240k | $241k | $342k | $347k | $354k | $366k | |
| Additional paid-in capital | $0 | $2.8b | $2.7b | $2.3b | $2.4b | $2.4b | $2.5b | |
| Treasury stock, at cost, 1,054 and 0 shares as of December 31, 2025 and 2024 | $0 | $0 | — | — | — | $0 | ($50.0m) | |
| Accumulated deficit | $0 | $141.9m | ($270.1m) | ($290.7m) | $212.0m | $11.4m | ($186.4m) | |
| Accumulated other comprehensive loss | ($46.9m) | ($51.9m) | ($27.1m) | ($48.4m) | ($4.9m) | ($6.6m) | ($782k) | |
| Total liabilities and equity | $3.3b | $3.7b | $4.3b | $5.5b | $5.0b | $4.8b | $4.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.