Madison Square Garden Entertainment (MSGE) Free Cash Flow (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted Free Cash Flow of -$20.7 million for Q2 2026, down 111.91% on a QoQ basis from $173.9 million in Q1 2026, and up 27.5% year-over-year from -$16.2 million in Q2 2025.
Analysis
Madison Square Garden Entertainment (MSGE) Free Cash Flow (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment has reported Free Cash Flow for 5 years, with the latest figure at -$20.7 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 27.5% year-over-year to -$20.7 million in Q2 2026; TTM through Jun 2026 was $323.1 million, a 252.71% increase from a year earlier, with the FY2026 full-year figure at $323.1 million, up 252.71% from the prior year.
- Free Cash Flow was -$20.7 million for Q2 2026 at Madison Square Garden Entertainment, down from $173.9 million in the prior quarter.
- The five-year high for Free Cash Flow was $173.9 million in Q1 2026, with the low at -$62.2 million in Q3 2022.
- Average Free Cash Flow over 5 years is $37.7 million, with a median of $13.9 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow tumbled 2084.97% in 2024, then surged 630.75% in 2025.
- Over 5 years, Free Cash Flow stood at $122.3 million in 2022, then retreated by 22.88% to $94.3 million in 2023, then grew by 12.45% to $106.1 million in 2024, then surged by 47.12% to $156.1 million in 2025, then slumped by 113.27% to -$20.7 million in 2026.
- The last three Free Cash Flow figures came in at -$20.7 million (Q2 2026), $173.9 million (Q1 2026), and $156.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 129.75 Mn |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 327.00 Mn |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 328.32 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 | -20.72 Mn |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 28.40 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 | -20.72 Mn |
| Mar 31, 2026 | 173.90 Mn |
| Dec 31, 2025 | 156.06 Mn |
| Sep 30, 2025 | 13.86 Mn |
| Jun 30, 2025 | -28.57 Mn |
| Mar 31, 2025 | 56.84 Mn |
| Dec 31, 2024 | 106.08 Mn |
| Sep 30, 2024 | -42.74 Mn |
| Jun 30, 2024 | -5.16 Mn |
| Mar 31, 2024 | -10.71 Mn |
| Dec 31, 2023 | 94.33 Mn |
| Sep 30, 2023 | -1.96 Mn |
| Jun 30, 2023 | 352,000.00 |
| Mar 31, 2023 | 60.03 Mn |
| Dec 31, 2022 | 122.31 Mn |
| Sep 30, 2022 | -62.18 Mn |
| Jun 30, 2022 | 29.94 Mn |