Madison Square Garden Entertainment (MSGE) EBITDA (2022 - 2026)
Madison Square Garden Entertainment's (MSGE) quarterly EBITDA came in at $16.1 million in Q1 2026, down 41.08% year-on-year from $27.3 million in Q1 2025, and down 90.17% quarter-over-quarter from $163.8 million in Q4 2025.
Madison Square Garden Entertainment (MSGE) EBITDA (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment's EBITDA history runs 5 years deep, the most recent figure standing at $16.1 million for Q1 2026.
- On a quarterly basis, EBITDA fell 41.08% year-over-year to $16.1 million in Q1 2026; TTM through Mar 2026 was $124.4 million, a 10.48% decrease from a year earlier, with the FY2025 full-year figure at $122.1 million, up 9.07% from the prior year.
- EBITDA slipped to $16.1 million in Q1 2026 per MSGE's latest filing, from $163.8 million in the prior quarter.
- Across five years, EBITDA topped out at $163.8 million in Q4 2025 and bottomed at -$33.4 million in Q3 2023.
- The 5-year median for EBITDA is $15.8 million (2022), against an average of $29.4 million.
- Across the five-year window, EBITDA sank 293.46% in 2023 and soared 62.63% in 2025, its largest moves.
- Year by year, EBITDA stood at $113.4 million in 2022, then rose by 21.14% to $137.4 million in 2023, then climbed by 1.15% to $139.0 million in 2024, then grew by 17.85% to $163.8 million in 2025, then slumped by 90.17% to $16.1 million in 2026.
- Per Business Quant, the three latest MSGE EBITDA figures stand at $16.1 million (Q1 2026), $163.8 million (Q4 2025), and -$29.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -10.63 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -2.47 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -370.52 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 64.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 51.77 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 338.48 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 325.00 Mn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 214.00 Mn |
| 10 | Madison Square Garden Entertainment | 3.63 Bn | 3.30 Bn | 99.47 Mn | 16.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.10 Mn |
| Dec 31, 2025 | 163.82 Mn |
| Sep 30, 2025 | -29.74 Mn |
| Jun 30, 2025 | -25.75 Mn |
| Mar 31, 2025 | 27.33 Mn |
| Dec 31, 2024 | 139.00 Mn |
| Sep 30, 2024 | -18.48 Mn |
| Jun 30, 2024 | -8.86 Mn |
| Mar 31, 2024 | 16.80 Mn |
| Dec 31, 2023 | 137.42 Mn |
| Sep 30, 2023 | -33.43 Mn |
| Jun 30, 2023 | -21.79 Mn |
| Mar 31, 2023 | 24.66 Mn |
| Dec 31, 2022 | 113.44 Mn |
| Sep 30, 2022 | -11.31 Mn |
| Jun 30, 2022 | -5.54 Mn |
| Mar 31, 2022 | 15.82 Mn |