Can Sphere Entertainment cover its short-term obligations?

Its current ratio is 1.22 — current assets exceed current liabilities.

Where does Sphere Entertainment's balance sheet data come from?

Every line is extracted from Sphere Entertainment's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Sphere Entertainment SPHR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$630.15M+31.8%	$521.26M+1.1%	$398.25M-28.0%	$368.93M-35.6%	$478.2M-31.1%
Restricted cash	$1.04M-92.1%	$13.49M-1.4%	$13.42M—	$13.27M—	$13.19M—
Accounts receivable, net	$9.92M+30.4%	$784K+752%	$19.74M+117%	$10.64M-95.5%	$7.6M-11.5%
Inventories	$18.34M+39.3%	$14.45M+14.9%	$12.63M-10.7%	$12.82M+7.8%	$13.16M+682%
Prepaid expenses and other current assets	$71.66M+10.7%	$92.82M+42.8%	$86.9M+54.9%	$64.32M+17.2%	$64.72M+114%
Total current assets	$903.57M+22.9%	$810.18M+6.5%	$666.38M-9.5%	$595.43M-31.2%	$735.11M-19.8%
Property and equipment, net	$2.63B-11.4%	$2.71B-10.7%	$2.78B-10.2%	$2.85B-9.7%	$2.97B-7.8%
Accumulated depreciation	$903.93M+57.3%	$821.37M+66.7%	$738.76M+79.6%	$656.55M+97.2%	$574.49M+122%
Operating lease right-of-use assets	$88.85M-2.9%	$91.37M-2.7%	$85.91M-16.8%	$88.77M-16.6%	$91.55M-16.5%
Goodwill	$344.77M-15.9%	$344.77M-15.9%	$344.77M-26.7%	$410.17M-12.8%	$410.17M-10.2%
Intangible assets, net	$20.16M-24.7%	$21.82M-23.1%	$23.47M-22.1%	$25.13M-21.3%	$26.78M+72.0%
Deferred tax assets	$166.66M+30.3%	$172.11M+15.6%	$215.13M+11.7%	$250.58M+11.3%	$127.95M-49.8%
Other non-current assets	$198.24M+13.2%	$192.4M+32.0%	$200.36M+55.0%	$186.28M+49.6%	$175.14M+77.0%
Long-term investments	$37.65M-8.8%	$38.73M-4.1%	$40.37M+28.6%	$41.31M+34.4%	$41.28M-20.4%
Total assets	$4.22B-5.1%	$4.21B-6.8%	$4.14B-9.9%	$4.2B-12.3%	$4.45B-8.7%
Accounts payable	$36.48M+7.7%	$24.59M-26.8%	$30.79M-13.2%	$14.78M-21.7%	$33.86M-54.0%
Accrued expenses	$33.69M+1.7%	$63.54M-83.6%	$52.63M+102%	$41.06M-52.1%	$33.11M-53.7%
Deferred revenue	$193.51M+90.5%	$192.81M+110%	$159.15M+90.6%	$83.23M+3.5%	$101.6M+32.4%
Current portion of long-term debt	$57.69M-92.8%	$63.01M-92.4%	$88.79M-89.3%	$58.8M-93.1%	$804.13M-7.5%
Operating lease liabilities, current	$16.52M-11.2%	$17.19M-10.8%	$16.18M-22.1%	$17.46M-5.9%	$18.6M+4.8%
Total current liabilities	$742.66M-46.2%	$743.37M-45.8%	$697.23M-47.0%	$526.94M-61.6%	$1.38B-1.3%
Long-term debt	$752.7M+43.5%	$767.44M+46.5%	$786.07M+50.2%	$830.54M+58.9%	$524.68M+0.5%
Operating lease liabilities, non-current	$111.46M-2.6%	$113.82M-2.4%	$109.75M-12.1%	$111.82M-12.7%	$114.42M-12.3%
Other non-current liabilities	$201.27M+27.9%	$179.92M+17.9%	$175.3M+43.4%	$165.5M+34.8%	$157.41M+32.1%
Total liabilities	$1.97B-14.3%	$1.98B-14.6%	$1.98B-12.9%	$1.89B-20.5%	$2.31B-4.9%
Additional paid-in capital	$2.48B+1.3%	$2.47B+1.7%	$2.46B+1.8%	$2.46B+2.2%	$2.45B+2.4%
Retained earnings	-$181.98M+39.7%	-$186.44M+15.2%	-$251.18M-168%	-$149.98M-1,417%	-$301.8M-621%
Accumulated other comprehensive income (loss)	-$1.14M+79.3%	-$782K+89.6%	-$280K+93.1%	-$34K+99.5%	-$5.52M+20.8%
Treasury stock	$50.02M—	$50.02M—	$50.04M—	——	——
Total stockholders' equity	$2.25B+4.9%	$2.23B+1.4%	$2.16B-6.9%	$2.31B-4.2%	$2.14B-12.3%
Total liabilities and stockholders' equity	$4.22B-5.1%	$4.21B-6.8%	$4.14B-9.9%	$4.2B-12.3%	$4.45B-8.7%
Other current assets	$9.77M-54.9%	$11.36M+46.9%	$13.7M-9.5%	$19.24M+59.0%	$21.64M+299%
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$7.3M—	$10.84M+11,682%	$14.29M—	——	——
Deferred Finance Costs, Current	$0—	$0—	$0-100%	$0-100%	$0-100%
Other Receivables	$7.3M—	$10.84M+11,682%	$14.29M—	——	——
Deferred Tax Assets and Other Non-Current Assets	$198.24M+13.2%	$192.4M+32.0%	$200.36M+55.0%	$186.28M+49.6%	$175.14M+77.0%
Finite Lived Intangible Assets - Gross	$100.58M0.0%	$100.58M0.0%	$100.58M-0.3%	$100.59M-0.3%	$100.58M+21.1%
Net Investment in Lease	$88.85M-2.9%	$91.37M-2.7%	$85.91M-16.8%	$88.77M-16.6%	$91.55M-16.5%
Intangible assets — net	$20.16M-24.7%	$21.82M-23.1%	$23.47M-22.1%	$25.13M-21.3%	$26.78M+72.0%
Investments	$37.65M-8.8%	$38.73M-4.1%	$40.37M+28.6%	$41.31M+34.4%	$41.28M-20.4%
Operating lease right-of-use assets	$88.85M-2.9%	$91.37M-2.7%	$85.91M-16.8%	$88.77M-16.6%	$91.55M-16.5%
Other non-current assets	$198.24M+13.2%	$192.4M+32.0%	$200.36M+55.0%	$186.28M+49.6%	$175.14M+77.0%
Property, plant and equipment at cost	$3.53B-0.2%	$3.53B+0.1%	$3.52B+0.4%	$3.51B+0.5%	$3.54B+1.8%
Operating Lease Right-of-Use Assets in Other Assets	$88.85M-2.9%	$91.37M-2.7%	$85.91M-16.8%	$88.77M-16.6%	$91.55M-16.5%
Software and Technology Licenses, Net	$198.24M+13.2%	$192.4M+32.0%	$200.36M+55.0%	$186.28M+49.6%	$175.14M+77.0%
Accrued Manufacturing Costs	$33.69M+1.7%	$63.54M+48.1%	$52.63M+102%	$41.06M-52.1%	$33.11M-53.7%
Other Commercial Liabilities	$427.06M+3.3%	$431.48M+11.1%	$385.56M—	$346.93M—	$413.45M—
Accrued Liabilities, Current	$427.06M+3.3%	$431.48M+11.1%	$385.56M—	$346.93M—	$413.45M—
Compensation and benefits	$33.69M+1.7%	$63.54M+48.1%	$52.63M+102%	$41.06M-52.1%	$33.11M-53.7%
Professional Service Fees Payable	$20.03M-15.2%	$19.36M-12.2%	$20.02M-15.6%	$25.68M+23.0%	$23.62M+0.7%
Restructuring Reserve	$6.6M+69.4%	$8.22M+129%	$6.5M+723%	$2.26M+380%	$3.9M-43.8%
Debt Maturity - 2024	$47.84M-94.1%	——	$10M-98.8%	$20M—	$804.13M+3,799%
Debt Maturity - 2027	$29.38M-88.6%	——	$298.75M+8.6%	$298.75M—	$258.75M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$4.4M+14.9%	$2.84M-31.5%	$3.17M-28.1%	$3.5M-30.2%	$3.83M-31.9%
Deferred Compensation Liability (Non-Current)	$3.77M+2.5%	$3.68M+2.8%	$3.72M+5.2%	$3.72M+26.7%	$3.68M+19.8%
Total debt	$938.37M-35.8%	$961.46M-35.4%	$1B-33.2%	$1.02B-32.9%	$1.46B-5.1%
Convertible Preferred Stock Authorized Shares	15M0.0%	15M0.0%	15M0.0%	15M0.0%	15M0.0%
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Additional paid-in capital	$2.48B+1.3%	$2.47B+1.7%	$2.46B+1.8%	$2.46B+2.2%	$2.45B+2.4%
Treasury Stock, Value	$50.02M—	$50.02M—	$50.04M—	——	——
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Cumulative Cost Basis	$3.53B-0.2%	$3.53B+0.1%	$3.52B+0.4%	$3.51B+0.5%	$3.54B+1.8%
Deferred Revenue Timing Percentage	51%-17.0%	——	42%-32.0%	66%—	68%+9.0%
Capital expenditure accruals	$127.51M—	$130.06M—	——	——	——
Accrued Expenses and Other Current Liabilities	$427.06M—	$431.48M—	——	——	——
Accrued Professional Fees Current And Noncurrent	$20.03M-15.2%	$19.36M-12.2%	$20.02M-15.6%	$25.68M+23.0%	$23.62M+0.7%
Cash due to promoters	$187.41M+41.9%	$163.5M+49.9%	$119.45M+51.7%	$94.83M+30.7%	$132.11M+130%
Other Contractual Commitments	$26.26M—	——	$113.01M—	$113.01M—	——
Other Contractual Commitments - Remainder of Fiscal Year 2024	$185.07M—	——	$62.39M—	$138.81M—	——
Contractual Obligation, to be Paid, Year Four	$26.26M—	——	$113.01M—	$113.01M—	——
Contractual Obligation, to be Paid, Year Two	$205.58M—	——	$240.55M—	$240.43M—	——
Contractual Obligation, to be Paid, Year Three	$113.57M—	——	$204.74M—	$204.74M—	——
Contractual Obligation, to be Paid, Remainder of Fiscal Year	$185.07M—	——	$62.39M—	$138.81M—	——
Contractual obligation, to be paid, thereafter	$13.13M—	——	$39.39M—	——	——
Debt Instrument, Unamortized Discount, Noncurrent	$3.82M-27.2%	$4.17M-25.5%	$4.53M-24.0%	$4.89M-22.6%	$5.24M—
Deferred Compensation Liability, Classified, Noncurrent	$3.77M+2.5%	$3.68M+2.8%	$3.72M+5.2%	$3.72M+26.7%	$3.68M+19.8%
Deferred compensation plan assets	$3.75M+1.9%	$3.67M+2.5%	$3.72M+6.0%	$3.72M+27.2%	$3.68M+20.7%
Other contract costs	$9.87M—	$17.63M+44.4%	$12.41M—	——	——
Deferred Finance Costs Noncurrent Net	$4.4M+14.9%	$2.84M-31.5%	$3.17M-27.6%	$3.5M-25.6%	$3.83M—
Deferred income taxes	$166.66M+30.3%	$172.11M+15.6%	$215.13M+11.7%	$250.58M+11.3%	$127.95M-49.8%
Defined benefit plan, number of contributory welfare plans	——	——	——	——	——
Defined benefit plan, number of sponsored plans	10.0%	——	10.0%	1—	10.0%
Finite-Lived Intangible Assets, Accumulated Amortization	$80.42M+9.0%	$78.77M+9.1%	$77.11M+9.0%	$75.46M+9.5%	$73.8M+9.4%
Gross Carrying Amount	$100.58M0.0%	$100.58M0.0%	$100.58M-0.3%	$100.59M-0.3%	$100.58M+21.1%
Goodwill, Gross	——	$471.37M—	——	——	——
Principal	$57.69M-92.8%	$63.01M-92.4%	$88.79M-89.3%	$58.8M-93.1%	$804.13M-7.6%
Principal	$760.91M+42.6%	$774.45M+45.1%	$793.77M+48.7%	$838.92M+57.2%	$533.75M—
2028	$312.5M+13.6%	——	$315M—	$315M—	$275M—
2029	$29.38M-88.6%	——	$298.75M+8.6%	$298.75M—	$258.75M—
2030	$13.75M—	——	$70M-72.9%	$70M—	$0-100%
2027	$40M—	——	$40M—	$40M—	$0-100%
Remainder of 2026	$47.84M-94.1%	——	$10M-98.8%	$20M—	$804.13M+3,799%
Thereafter	$233.75M—	——	$0—	$0—	$0-100%
Loss contingency, number of consolidated claims	——	——	——	——	——
Loss contingency, remaining claims filed involving fiduciary breaches	20.0%	——	20.0%	2—	20.0%
Number of share-based compensation plans	30.0%	——	30.0%	3—	30.0%
Other accrued liabilities	$58.42M-34.2%	$55.01M-22.9%	$61.08M+2.9%	$53.43M-14.9%	$88.79M+113%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$15M0.0%	$15M0.0%	$15M0.0%	$15M0.0%	$15M0.0%
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Prepaid expenses	$26.37M-11.9%	$38.54M+19.0%	$33.87M+26.3%	$21.62M-29.9%	$29.92M+137%
In-process	$41.75M-50.8%	$36.88M-26.0%	$23.21M-42.5%	$114.98M+258%	$84.84M+1,751%
Released, less amortization	$126.83M+178%	$133.92M+154%	$151.64M+161%	$39.88M-34.6%	$45.7M-33.2%
Production Content	$168.57M+29.1%	$170.79M+66.4%	$174.85M+77.5%	$154.86M+66.4%	$130.54M+78.9%
Restructuring Reserve	$6.6M+69.4%	$8.22M+129%	$6.5M+723%	$2.26M+380%	$3.9M-43.8%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$384.14M+96.7%	——	$410.75M+206%	$208.88M—	$195.29M+61.0%
Treasury stock, shares (in shares)	$1.05M—	$1.05M—	$1.05M—	——	——
Purchase Obligation	$784.09M—	——	$902.78M—	$975.84M-67.3%	——
Remainder of Fiscal Year 2024	$47.84M-94.1%	——	$10M-98.8%	$20M—	$804.13M+3,799%

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Questions, answered.

Can Sphere Entertainment cover its short-term obligations?: Its current ratio is 1.22 — current assets exceed current liabilities.
Where does Sphere Entertainment's balance sheet data come from?: Every line is extracted from Sphere Entertainment's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.