Growth Metrics

Madison Square Garden Entertainment (MSGE) Gross Margin (2022 - 2026)

Madison Square Garden Entertainment has reported Gross Margin over the past 4 years, most recently at 53.76% for Q4 2025.

  • For Q4 2025, Gross Margin rose 214.0% year-over-year to 53.76%; the TTM value through Dec 2025 reached 42.65%, down 256.0%, while the annual FY2025 figure was 37.92%, 278.0% down from the prior year.
  • Gross Margin for Q4 2025 was 53.76% at Madison Square Garden Entertainment, up from 35.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 53.76% in Q4 2025 and troughed at 17.0% in Q2 2022.
  • A 4-year average of 36.06% and a median of 36.56% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: skyrocketed 4769bps in 2023 and later tumbled -2149bps in 2025.
  • Year by year, Gross Margin stood at 49.25% in 2022, then increased by 1bps to 49.65% in 2023, then rose by 4bps to 51.63% in 2024, then rose by 4bps to 53.76% in 2025.
  • Business Quant data shows Gross Margin for MSGE at 53.76% in Q4 2025, 35.32% in Q3 2025, and 29.72% in Q2 2025.