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
DateValue
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%