Sphere Entertainment (SPHR) reported second-quarter 2026 revenue of $313.6 million, up 11% from the prior-year quarter. The company reported an operating loss of $61.3 million and adjusted operating income of $50.9 million.
The Sphere segment posted revenue of $226.4 million, up 29%, while MSG Networks revenue fell 18% to $87.3 million. The company also cited progress on Sphere Abu Dhabi, National Harbor plans, new content and an extended Formula 1 Las Vegas Grand Prix partnership.
- GAAP net loss was $38.3 million, compared with net income of $151.8 million a year earlier.
- Basic and diluted loss per share were both $1.07.
- The Wizard of Oz at Sphere surpassed $400 million in ticket sales with more than three million tickets sold.
- Sphere Abu Dhabi construction is expected to be completed by the end of 2029.
- The Formula 1 Las Vegas Grand Prix partnership was extended through 2030.
EARLY ACCESS
Receive SPHR Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →
$SPHR Hedge Fund Activity
We have seen 200 institutional investors add shares of $SPHR stock to their portfolio, and 145 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 1,848,799 shares (+89.8%) to their portfolio in Q1 2026, for an estimated $217,049,002
- ARIEL INVESTMENTS, LLC removed 706,225 shares (-22.3%) from their portfolio in Q1 2026, for an estimated $82,910,815
- SAMLYN CAPITAL, LLC removed 606,525 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $71,206,035
- MILLENNIUM MANAGEMENT LLC removed 419,022 shares (-91.0%) from their portfolio in Q1 2026, for an estimated $49,193,182
- ASSENAGON ASSET MANAGEMENT S.A. added 406,875 shares (+inf%) to their portfolio in Q2 2026, for an estimated $70,401,581
- JANE STREET GROUP, LLC removed 397,653 shares (-93.9%) from their portfolio in Q1 2026, for an estimated $46,684,462
- STATE STREET CORP added 391,636 shares (+62.0%) to their portfolio in Q1 2026, for an estimated $45,978,066
To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SPHR Congressional Stock Trading
Members of Congress have traded $SPHR stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SPHR stock by members of Congress over the last 6 months:
- REPRESENTATIVE JONATHAN L. JACKSON purchased up to $15,000 on 06/15.
To track congressional stock trading, check out Quiver Quantitative’s congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
