Sphere Entertainment Co. Reports 17% Drop in Q4 Revenues; Operating Loss Widens by $16.9 Million

Reuters
2025/08/13
<a href="https://laohu8.com/S/SPHR">Sphere Entertainment Co</a>. Reports 17% Drop in Q4 Revenues; Operating Loss Widens by $16.9 Million

Sphere Entertainment Co. has released its financial results for fiscal 2025, reporting revenues of $942.7 million, a decrease of $16.5 million, or 2%, compared to the prior year. The company experienced an operating income increase to $122.1 million, up by $10.2 million, or 9%. Adjusted operating income rose to $222.5 million, marking an increase of $11.0 million, or 5%, from the previous year. In the fourth quarter of fiscal 2025, Sphere Entertainment Co. reported revenues of $154.1 million, a decrease of $31.9 million, or 17%, compared to the same period in the prior year. The quarter saw an operating loss of $25.8 million, which is an increase of $16.9 million from the prior year quarter. The adjusted operating loss for the quarter was $1.3 million, contrasting with an adjusted operating income of $13.1 million in the previous year quarter. The decline in fourth-quarter revenues from entertainment offerings, which totaled $118.7 million, was primarily attributed to a $21.6 million decrease in event-related revenues, mainly from concerts. This was slightly offset by increased revenues from other live entertainment and sporting events. The company also repurchased approximately $40 million of its Class A common stock during fiscal 2025. Looking ahead, Executive Chairman and CEO James L. Dolan expressed optimism for fiscal 2026, noting strong demand for their entertainment assets and a solid position for revenue and adjusted operating income growth in the upcoming year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sphere Entertainment Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001952073-25-000033), on August 13, 2025, and is solely responsible for the information contained therein.

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