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

Madison Square Garden Entertainment has reported Gross Margin for 5 years, with the latest figure at 38.63% in Q2 2026.

• On a quarterly basis, Gross Margin rose 480.0% year-over-year to 38.63% in Q2 2026; TTM through Jun 2026 was 45.11%, a 192.0% increase from a year earlier, with the FY2026 full-year figure at 45.11%, up 192.0% from the prior year.
• Gross Margin was 38.63% for Q2 2026 at Madison Square Garden Entertainment, down from 40.39% in the prior quarter.
• The five-year high for Gross Margin was 53.76% in Q4 2025, with the low at 28.5% in Q3 2023.
• Average Gross Margin over 5 years is 39.03%, with a median of 38.21% recorded in 2026.
• The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 499 bps in 2024, then soared 576 bps in 2025.
• Over 5 years, Gross Margin stood at 49.25% in 2022, then grew by 1 bps to 49.65% in 2023, then increased by 4 bps to 51.63% in 2024, then increased by 4 bps to 53.76% in 2025, then slipped by 28 bps to 38.63% in 2026.
• The last three Gross Margin figures came in at 38.63% (Q2 2026), 40.39% (Q1 2026), and 53.76% (Q4 2025), per Business Quant data.