Madison Square Garden Entertainment MSGE
NYSE MSGE
$76.69 -0.72 (-0.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

Madison Square Garden Entertainment (MSGE) Cost of Revenue (2022 - 2026)

Madison Square Garden Entertainment (MSGE) posted Cost of Revenue of $120.5 million for Q2 2026, down 17.93% on a QoQ basis from $146.8 million in Q1 2026, and up 18.13% year-over-year from $102.0 million in Q2 2025.

Analysis

Madison Square Garden Entertainment (MSGE) Cost of Revenue (2022 - 2026) Analysis & Trends

Madison Square Garden Entertainment has reported Cost of Revenue for 5 years, with the latest figure at $120.5 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 18.13% year-over-year to $120.5 million in Q2 2026; TTM through Jun 2026 was $582.3 million, a 8.71% increase from a year earlier, with the FY2026 full-year figure at $582.3 million, up 8.71% from the prior year.
  • Cost of Revenue was $120.5 million for Q2 2026 at Madison Square Garden Entertainment, down from $146.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $212.7 million in Q4 2025, with the low at $97.7 million in Q3 2024.
  • Average Cost of Revenue over 5 years is $134.5 million, with a median of $121.4 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue decreased 18.04% in 2023, then climbed 23.35% in 2024.
  • Over 5 years, Cost of Revenue stood at $180.6 million in 2022, then increased by 12.27% to $202.8 million in 2023, then slipped by 2.8% to $197.1 million in 2024, then gained by 7.91% to $212.7 million in 2025, then slumped by 43.35% to $120.5 million in 2026.
  • The last three Cost of Revenue figures came in at $120.5 million (Q2 2026), $146.8 million (Q1 2026), and $212.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Live Nation Entertainment 39.85 Bn 30.78 Bn 1.94 Bn 5.72 Bn
2 Liberty Media 21.86 Bn 20.23 Bn 329.00 Mn 605.00 Mn
3 TKO Group Holdings 14.58 Bn 13.03 Bn 990.96 Mn 556.12 Mn
4 Liberty Live Holdings 8.69 Bn 8.17 Bn 30.26 Mn 116.80 Mn
5 Madison Square Garden Entertainment 3.63 Bn 3.34 Bn 75.84 Mn 120.48 Mn
6 Emerald Holding 997.46 Mn 876.36 Mn 99.50 Mn 55.90 Mn
7 TEN Holdings 39.99 Mn 34.06 Mn 627,000.00 104,000.00
8 Nip 37.24 Mn -10,346.86 Bn - -
9 Lingerie Fighting Championships 128,025.52 108,697.52 -1,246.00 31,710.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 120.48 Mn
Mar 31, 2026 146.79 Mn
Dec 31, 2025 212.66 Mn
Sep 30, 2025 102.37 Mn
Jun 30, 2025 101.99 Mn
Mar 31, 2025 138.87 Mn
Dec 31, 2024 197.07 Mn
Sep 30, 2024 97.71 Mn
Jun 30, 2024 122.38 Mn
Mar 31, 2024 142.02 Mn
Dec 31, 2023 202.76 Mn
Sep 30, 2023 101.68 Mn
Jun 30, 2023 102.53 Mn
Mar 31, 2023 115.13 Mn
Dec 31, 2022 180.60 Mn
Sep 30, 2022 101.66 Mn
Jun 30, 2022 125.10 Mn
Mar 31, 2022 109.96 Mn