Some 220 showings of Oz helped Sphere Experience-related revenue grow by nearly $54 million over the second quarter last year.
LAS VEGAS, NEVADA - AUGUST 28: A mini Sphere and LED escalators are shown during a preview of the Atrium experience for "The Wizard of Oz at Sphere" ahead of the show's premiere on August 28, 2025 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)
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Sphere Entertainment reported Thursday (July 30) that second-quarter revenue rose 11% to $313.6 million, as the company’s flagship Las Vegas venue added more viewings of its popular adaptation of The Wizard of Oz.
However, the company recorded an overall $61.3 million operating loss, $11.1 million more than the year-ago quarter, due in part to a 30% increase in the Sphere segment’s selling, general and administrative expenses, which totaled $125.6 million for the second quarter ending June 30.
