For the quarter ending 2026-03-31, SPHR had $108,887K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 4,460 | 64,739 | -101,196 | 69,862 |
| Depreciation and amortization | 84,367 | 84,173 | 84,102 | 168,136 |
| Impairments and other losses, net | -79 | -162 | -65,457 | -4,162 |
| Amortization of debt discount and deferred financing costs | 1,024 | 693 | 690 | 1,354 |
| Amortization of deferred production content | 11,058 | 12,749 | 8,574 | 13,089 |
| Deferred income tax benefit | -5,326 | -42,707 | -35,370 | 98,997 |
| Accrued and other current and non-current liabilities | - | - | 38,397 | -30,989 |
| Share-based compensation expense | 13,910 | 10,026 | 8,534 | 40,445 |
| Net unrealized and realized (gain) loss on equity investments with readily determinable fair value and loss in nonconsolidated affiliates | -1,080 | -1,641 | -593 | 601 |
| Loss on extinguishment of debt | 2,071 | 0 | 0 | 360,155 |
| Other non-cash adjustments | -85 | -598 | -4,057 | 1,700 |
| Accounts receivable, net | 9,919 | 784 | 19,741 | -3,400 |
| Related party receivables and payables, net | -1,345 | 16,650 | -11,693 | -11,026 |
| Prepaid expenses and other current and non-current assets | -4,274 | 10,534 | 44,999 | 52,704 |
| Accounts payable | 11,891 | -6,194 | 16,012 | -18,831 |
| Accrued and other current and non-current liabilities | 8,716 | 60,812 | - | - |
| Deferred revenue | 11,779 | 29,283 | 79,530 | 3,301 |
| Right-of-use lease assets and operating lease liabilities | 511 | 380 | 495 | 1,503 |
| Proceeds from sale of msge retained interest | - | 0 | - | - |
| Net cash provided by operating activities | 136,241 | 180,219 | 115,838 | -52,711 |
| Capitalized interest | - | 0 | - | - |
| Proceeds from dispositions, net | - | 0 | 0 | 48,757 |
| Investments and loans in nonconsolidated affiliates | - | 0 | 0 | 0 |
| Purchase of business, net of cash acquired | - | 0 | 0 | 0 |
| Proceeds from sale of investments | - | 0 | - | - |
| Capital expenditures, net | 4,889 | 15,208 | 4,995 | 32,144 |
| Other investing activities | 116 | 75 | 64 | 172 |
| Net cash used in investing activities | -5,005 | -15,283 | -5,059 | 16,441 |
| Repayment of debt | 135,000 | - | - | - |
| Proceeds from issuance of debt | 135,000 | - | - | - |
| Principal repayments on debt | 18,851 | 45,100 | 15,166 | 105,000 |
| Taxes paid in lieu of shares issued for share-based compensation | 5,919 | 2,073 | 16,410 | 6,059 |
| Purchase of capped call related to 3.50 convertible senior notes due 2028 | - | 0 | - | - |
| Payments for debt financing costs | - | 0 | 0 | 0 |
| Proceeds from term loans, net of issuance discount | - | 0 | - | - |
| Noncontrolling interest holders capital contributions | - | 0 | - | - |
| Distribution to msg entertainment | - | 0 | - | - |
| Distribution to related parties associated with the settlement of certain share-based awards | - | 0 | - | - |
| Repayment of revolving credit facilities | - | 0 | - | - |
| Distributions to noncontrolling interest holders | - | 0 | - | - |
| Proceeds from issuance of 3.50 convertible senior notes due 2028 | - | 0 | - | - |
| Stock repurchases, inclusive of excise tax | - | -16 | 50,040 | - |
| Borrowings under delayed draw term loan facility | - | 0 | - | - |
| Proceeds from exercise of stock options | 2,507 | 5,892 | 595 | 0 |
| Net cash used in financing activities | -22,263 | -41,265 | -81,021 | -111,059 |
| Effect of exchange rates on cash, cash equivalents, and restricted cash | -86 | -661 | -431 | 623 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 108,887 | 123,010 | 29,327 | -146,706 |
| Cash, cash equivalents, and restricted cash at beginning of period | 521,264 | 398,254 | 515,633 | - |
| Cash, cash equivalents, and restricted cash at end of period | 630,151 | 521,264 | 398,254 | - |
Sphere Entertainment Co. (SPHR)
Sphere Entertainment Co. (SPHR)