Sphere Entertainment Co. Reports Third Quarter 2026 Results
NEW YORK, N.Y., November 5, 2026 – Sphere Entertainment Co. (NYSE: SPHR) (“Sphere Entertainment” or the “Company”) today reported financial results for the third quarter ended September 30, 2026.
Recent highlights for the Company’s Sphere segment include:
- In late September, the Company debuted enhanced and expanded 4D effects for The Wizard of Oz at Sphere, and announced that the production had exceeded half a billion dollars in ticket sales with over four million tickets sold since its debut in August 2025, while the production also surpassed its 1,000th showing in early October;
- Production is underway on The Rocky Horror Picture Show at Sphere, a new Sphere Experience, which the Company expects will debut by the end of March 2027;
- In October, Metallica began a new concert residency at Sphere, with 24 concerts planned through March 2027;
- Backstreet Boys and the Eagles have continued to extend their long-running residencies – now up to 63 and 74 planned nights, respectively – while Oprah Winfrey and John Mayer each announced new residencies for 2027; and
- The Company announced a new multi-year sponsorship agreement with Lyft.
For the three months ended September 30, 2026, the Company reported revenues of $274.3 million, an increase of $11.7 million, or 4%, as compared to the prior year quarter. In addition, the Company reported an operating loss of $240.6 million, an increase of $77.5 million, or 47%, and adjusted operating income of $39.2 million, an increase of $2.8 million, or 8%, both as compared to the prior year quarter.(1)
Executive Chairman and CEO James L. Dolan said, “With today’s results, our Sphere segment remains on track to deliver substantial growth this calendar year. Looking ahead, we continue to make progress on our long-term vision for Sphere, including a global network of venues and a growing slate of original content.”