Sphere Entertainment Co
NYSE:SPHR
Income Statement
Earnings Waterfall
Sphere Entertainment Co
Revenue
|
229.8m
USD
|
Cost of Revenue
|
-136m
USD
|
Gross Profit
|
93.8m
USD
|
Operating Expenses
|
-472.8m
USD
|
Operating Income
|
-379m
USD
|
Other Expenses
|
752.1m
USD
|
Net Income
|
373.2m
USD
|
Income Statement
Sphere Entertainment Co
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
1 039
N/A
|
971
-7%
|
1 436
+48%
|
1 429
-1%
|
1 203
-16%
|
1 236
+3%
|
648
-48%
|
772
+19%
|
884
+15%
|
1 022
+16%
|
610
-40%
|
439
-28%
|
810
+85%
|
821
+1%
|
574
-30%
|
569
-1%
|
230
-60%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(643)
|
(601)
|
(753)
|
(720)
|
(608)
|
(594)
|
(257)
|
(318)
|
(417)
|
(513)
|
(319)
|
(241)
|
(430)
|
(442)
|
(341)
|
(350)
|
(136)
|
|
Gross Profit |
396
N/A
|
370
-7%
|
684
+85%
|
709
+4%
|
595
-16%
|
642
+8%
|
390
-39%
|
454
+16%
|
467
+3%
|
509
+9%
|
291
-43%
|
197
-32%
|
381
+93%
|
379
0%
|
233
-38%
|
219
-6%
|
94
-57%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(471)
|
(480)
|
(583)
|
(579)
|
(580)
|
(613)
|
(318)
|
(418)
|
(380)
|
(369)
|
(444)
|
(325)
|
(443)
|
(507)
|
(485)
|
(486)
|
(473)
|
|
Selling, General & Administrative |
(363)
|
(373)
|
(471)
|
(465)
|
(468)
|
(487)
|
(301)
|
(400)
|
(375)
|
(383)
|
(421)
|
(328)
|
(418)
|
(479)
|
(454)
|
(446)
|
(394)
|
|
Depreciation & Amortization |
(109)
|
(107)
|
(112)
|
(114)
|
(112)
|
(126)
|
(17)
|
(18)
|
(5)
|
14
|
(23)
|
1
|
(25)
|
(28)
|
(31)
|
(39)
|
(80)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(1)
|
0
|
|
Operating Income |
(75)
N/A
|
(110)
-46%
|
100
N/A
|
130
+29%
|
15
-89%
|
29
+101%
|
73
+149%
|
36
-51%
|
87
+141%
|
141
+62%
|
(153)
N/A
|
(128)
+16%
|
(62)
+51%
|
(127)
-105%
|
(251)
-97%
|
(267)
-6%
|
(379)
-42%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
14
|
14
|
(19)
|
(30)
|
(41)
|
(51)
|
(17)
|
(21)
|
(20)
|
(17)
|
4
|
17
|
26
|
33
|
12
|
13
|
(12)
|
|
Non-Reccuring Items |
(4)
|
(106)
|
135
|
115
|
114
|
216
|
(8)
|
4
|
13
|
(1)
|
(13)
|
(5)
|
(19)
|
(26)
|
(22)
|
(25)
|
(137)
|
|
Total Other Income |
23
|
1
|
35
|
62
|
45
|
90
|
(4)
|
(41)
|
(53)
|
(90)
|
(6)
|
(3)
|
14
|
29
|
537
|
580
|
581
|
|
Pre-Tax Income |
(42)
N/A
|
(201)
-377%
|
252
N/A
|
277
+10%
|
133
-52%
|
284
+114%
|
44
-85%
|
(21)
N/A
|
27
N/A
|
33
+20%
|
(168)
N/A
|
(120)
+28%
|
(42)
+65%
|
(90)
-117%
|
275
N/A
|
300
+9%
|
53
-82%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(1)
|
9
|
(102)
|
(111)
|
(110)
|
(126)
|
(39)
|
(11)
|
(13)
|
(13)
|
30
|
13
|
9
|
24
|
(103)
|
(15)
|
(2)
|
|
Income from Continuing Operations |
(43)
|
(192)
|
150
|
166
|
23
|
158
|
5
|
(32)
|
14
|
20
|
(138)
|
(108)
|
(32)
|
(66)
|
172
|
285
|
51
|
|
Income to Minority Interest |
6
|
31
|
32
|
36
|
41
|
23
|
18
|
11
|
10
|
3
|
4
|
6
|
4
|
3
|
1
|
1
|
1
|
|
Net Income (Common) |
(38)
N/A
|
(161)
-325%
|
182
N/A
|
202
+11%
|
65
-68%
|
173
+166%
|
(157)
N/A
|
(200)
-28%
|
(142)
+29%
|
(133)
+7%
|
(198)
-49%
|
(163)
+17%
|
(98)
+40%
|
(137)
-40%
|
503
N/A
|
614
+22%
|
373
-39%
|
|
EPS (Diluted) |
-1.57
N/A
|
-6.69
-326%
|
5.2
N/A
|
5.93
+14%
|
1.9
-68%
|
5.05
+166%
|
-4.6
N/A
|
-5.87
-28%
|
-4.08
+30%
|
-3.86
+5%
|
-5.76
-49%
|
-4.74
+18%
|
-2.77
+42%
|
-3.95
-43%
|
14.4
N/A
|
17.44
+21%
|
10.56
-39%
|