Madison Square Garden Entertainment (MSGE) Gross Margin (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted Gross Margin of 38.63% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 4.80 percentage points from 33.83% a year earlier but down 1.76 percentage points from the prior quarter.
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Analysis
Madison Square Garden Entertainment (MSGE) Gross Margin (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Madison Square Garden Entertainment's Gross Margin came in at 45.11%, up 1.92 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +62.74 percentage points (FY2021 to FY2026).
- In prior fiscal years, Madison Square Garden Entertainment's Gross Margin was 43.18% in FY2025 (+2.48 pp), 40.70% in FY2024 (-0.59 pp), 41.29% in FY2023 (+5.15 pp) and 36.14% in FY2022 (+53.77 pp).
- Quarterly Gross Margin has run from a low of 28.50% in fiscal Q1 2024 to a high of 53.76% in fiscal Q2 2026 over five years.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +2.24 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2026, with a gain of 5.76 percentage points; the weakest was fiscal Q3 2024, with a drop of 4.99 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 40.39% (Q3 2026), 53.76% (Q2 2026) and 35.32% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 25.34% |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 64.05% |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 35.22% |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | 20.58% |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | 38.63% |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 65.68% |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 64.03% |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 45.98% |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 21.08% |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.63% |
| Mar 31, 2026 | 40.39% |
| Dec 31, 2025 | 53.76% |
| Sep 30, 2025 | 35.32% |
| Jun 30, 2025 | 33.83% |
| Mar 31, 2025 | 42.73% |
| Dec 31, 2024 | 51.63% |
| Sep 30, 2024 | 29.56% |
| Jun 30, 2024 | 34.23% |
| Mar 31, 2024 | 37.80% |
| Dec 31, 2023 | 49.65% |
| Sep 30, 2023 | 28.50% |
| Jun 30, 2023 | 30.69% |
| Mar 31, 2023 | 42.79% |
| Dec 31, 2022 | 49.25% |
| Sep 30, 2022 | 30.58% |
| Jun 30, 2022 | 29.85% |
| Mar 31, 2022 | 43.32% |
API Access
Madison Square Garden Entertainment Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MSGE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MSGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();