Madison Square Garden Entertainment (MSGE) Net Margin (2022 - 2026)
Madison Square Garden Entertainment (MSGE) recorded quarterly Net Margin of 2.08% in Q1 2026, down 89.71% quarter-over-quarter from 20.16% in Q4 2025, and down 183.0% on a YoY basis from 2.5% in Q1 2025.
Madison Square Garden Entertainment (MSGE) Net Margin (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment's Net Margin history runs 5 years deep, the most recent figure standing at 2.08% for Q1 2026.
- In Q1 2026, Net Margin fell 183.0% year-over-year to 2.08%; the TTM figure through Mar 2026 stood at 4.87% (down 864.0% YoY), while the FY2025 annual figure was 4.34%, down 1070.0% from the prior year.
- Net Margin was 2.08% for Q1 2026 at Madison Square Garden Entertainment, down from 20.16% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 31.1% in Q4 2023 to a low of 68.91% in Q2 2022.
- Historically, Net Margin has averaged 3.2% across 5 years, with a median of 1.46% in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 5878 bps in 2024, then slumped 4541 bps in 2025.
- A 5-year view of Net Margin shows it stood at 27.28% in 2022, then gained by 14 bps to 31.1% in 2023, then slumped by 35 bps to 20.1% in 2024, then advanced by 0 bps to 20.16% in 2025, then plunged by 90 bps to 2.08% in 2026.
- The last three Net Margin figures came in at 2.08% (Q1 2026), 20.16% (Q4 2025), and 14.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 43.13% |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 9.79% |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -32.68% |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | -73.15% |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -11.35% |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 7.45% |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 4.16% |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 6.87% |
| 9 | News | 15.92 Bn | 14.45 Bn | - | - |
| 10 | Madison Square Garden Entertainment | 3.49 Bn | 3.17 Bn | 99.47 Mn | 2.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.08% |
| Dec 31, 2025 | 20.16% |
| Sep 30, 2025 | -14.05% |
| Jun 30, 2025 | -18.73% |
| Mar 31, 2025 | 3.90% |
| Dec 31, 2024 | 20.10% |
| Sep 30, 2024 | -13.93% |
| Jun 30, 2024 | 26.68% |
| Mar 31, 2024 | 1.46% |
| Dec 31, 2023 | 31.10% |
| Sep 30, 2023 | -35.63% |
| Jun 30, 2023 | -32.11% |
| Mar 31, 2023 | 10.79% |
| Dec 31, 2022 | 27.28% |
| Sep 30, 2022 | -12.48% |
| Jun 30, 2022 | -68.91% |
| Mar 31, 2022 | -2.14% |