secwatch.observer — SEC 8-K summary
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Issuer:     Sphere Entertainment Co. (SPHR)
CIK:        0001795250
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001628280-26-007482
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sphere Entertainment Q4 revenue $394M, up 28%; adjusted operating income $128M; expands to National Harbor
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- Q4 revenue $394.3M (+28% YoY); operating income $28.9M vs loss of $142.9M prior year.
- Full year revenue $1.22B (+8%); adjusted operating income $261.8M (+138% YoY).
- Sphere segment Q4 revenue $274.2M (+62%); adjusted operating income $89.4M vs $0.8M loss.
- New Sphere venue planned at National Harbor, MD (smaller-scale design); second US location.
- The Wizard of Oz at Sphere surpassed 2M tickets sold; partnerships with Anheuser-Busch, Delta Air Lines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795250/000162828026007482/0001628280-26-007482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795250/000162828026007482/sphr-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007482

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer