Madison Square Garden Entertainment (MSGE) Cash from Operations (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted Cash from Operations of -$16.6 million for Q2 2026, down 109.04% on a QoQ basis from $183.9 million in Q1 2026, and up 38.48% year-over-year from -$12.0 million in Q2 2025.
Analysis
Madison Square Garden Entertainment (MSGE) Cash from Operations (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment has reported Cash from Operations for 5 years, with the latest figure at -$16.6 million in Q2 2026.
- On a quarterly basis, Cash from Operations rose 38.48% year-over-year to -$16.6 million in Q2 2026; TTM through Jun 2026 was $351.4 million, a 204.81% increase from a year earlier, with the FY2026 full-year figure at $351.4 million, up 204.81% from the prior year.
- Cash from Operations was -$16.6 million for Q2 2026 at Madison Square Garden Entertainment, down from $183.9 million in the prior quarter.
- The five-year high for Cash from Operations was $183.9 million in Q1 2026, with the low at -$57.3 million in Q3 2022.
- Average Cash from Operations over 5 years is $44.0 million, with a median of $19.8 million recorded in 2025.
- The largest YoY upside for Cash from Operations was 875.76% in 2025 against a maximum downside of 12841.04% in 2025.
- Over 5 years, Cash from Operations stood at $126.7 million in 2022, then slipped by 18.01% to $103.9 million in 2023, then gained by 8.67% to $112.9 million in 2024, then soared by 45.66% to $164.4 million in 2025, then plunged by 110.11% to -$16.6 million in 2026.
- The last three Cash from Operations figures came in at -$16.6 million (Q2 2026), $183.9 million (Q1 2026), and $164.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 419.27 Mn |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 316.00 Mn |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 373.92 Mn |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | 3.91 Mn |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | -16.62 Mn |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 28.70 Mn |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | -1.60 Mn |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | -59,339.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.62 Mn |
| Mar 31, 2026 | 183.86 Mn |
| Dec 31, 2025 | 164.39 Mn |
| Sep 30, 2025 | 19.81 Mn |
| Jun 30, 2025 | -27.01 Mn |
| Mar 31, 2025 | 56.81 Mn |
| Dec 31, 2024 | 112.86 Mn |
| Sep 30, 2024 | -27.36 Mn |
| Jun 30, 2024 | 212,000.00 |
| Mar 31, 2024 | 5.82 Mn |
| Dec 31, 2023 | 103.85 Mn |
| Sep 30, 2023 | 1.38 Mn |
| Jun 30, 2023 | 3.35 Mn |
| Mar 31, 2023 | 63.01 Mn |
| Dec 31, 2022 | 126.66 Mn |
| Sep 30, 2022 | -57.33 Mn |
| Jun 30, 2022 | 35.01 Mn |