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Sphere Entertainment SPHR Sphere — Long-Term Debt

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Other financials

Income statement

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Revenue$386.4M+37.7%
Operating income$7.2M+109%
Net income$4.5M+105%
EPS (diluted)-$0.04+98.2%

Balance sheet

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Cash & equivalents$630.2M+31.8%
Total debt$938.4M-35.8%
Total equity$2.2B+4.9%
Total assets$4.2B-5.1%

Cash flow

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Operating cash flow$136.2M+2,046%
CapEx$4.9M-72.1%
Free cash flow$131.4M+1,279%

Valuation

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Market cap$5.54B+262%
Enterprise value$5.85B+168%
P/E46.2×
P/S4.2×+2.6×

Profitability

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Operating margin-28.1%-4.3pp
Net margin9%+5.2pp
FCF margin25.2%+15.7pp

Returns & leverage

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Return on equity5.5%+3.2pp
Debt / equity0.4×-0.3×
Current ratio1.2×+0.7×

Where this comes from

Reported directly by Sphere Entertainment in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebt.

The source filing: Sphere Entertainment’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030740
Line itemCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitmentsCommitments
2026 (Remainder)2027202820292030ThereafterTotal
Sphere
Event-related commitments$$12,312$$15,000$$$$$$27,312
Letter of credit916916
Total Sphere Commitments$$13,228$$15,000$$$$$$28,228
MSG Networks
Broadcast rights$$150,596$$208,334$$201,493$$113,008$$26,262$$13,131$$712,824
Purchase commitments21,24417,1494,08555943,037

Item 1. Financial Statements

FAQ

What is Sphere Entertainment's sphere — long-term debt?
Sphere Entertainment (SPHR) reported sphere — long-term debt of $916K in Q1 2026.
What does sphere — long-term debt mean?
Reflects the total outstanding principal amount of debt obligations with maturities extending beyond one year. This metric is critical for evaluating the company's leverage, interest burden, and overall financial health.

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