Sphere Entertainment Co. Reports Second Quarter 2025 Results
NEW YORK, N.Y., August 11, 2025 – Sphere Entertainment Co. (NYSE: SPHR) (“Sphere Entertainment” or the “Company”) today reported financial results for the second quarter ended June 30, 2025.
Second quarter highlights for the Company’s Sphere segment included:
- In early June, The Sphere Experience featuring Postcard from Earth surpassed four million total tickets sold since opening in October 2023;
- Kenny Chesney – the venue’s first country act – completed a fifteen-show run during May and June, which followed the continuation of residencies from the Eagles and Dead & Company earlier in the quarter; and
- Sphere hosted multiple corporate events, including Hewlett Packard Enterprise for the second consecutive year.
For the three months ended June 30, 2025, the Company reported revenues of $282.7 million, an increase of $9.3 million, or 3%, as compared to the prior year quarter. In addition, the Company reported an operating loss of $50.2 million, an improvement of $21.2 million, and adjusted operating income of $61.5 million, an increase of $35.8 million, both as compared to the prior year quarter.(1)
Executive Chairman and CEO James L. Dolan said, “We continue to execute our strategic priorities to drive long-term profitable growth for our Sphere business. At the same time, we have been making progress with our expansion plans and remain confident in the global opportunity ahead.”