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

Madison Square Garden Entertainment's (MSGE) quarterly Net Margin came in at 2.08% in Q1 2026, down 124.0% year-on-year from 8.65% in Q1 2025, and down 90.49% quarter-over-quarter from 21.83% in Q4 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.

  • On a quarterly basis, Net Margin fell 124.0% year-over-year to 2.08% in Q1 2026; TTM through Mar 2026 was 4.98%, a 914.0% decrease from a year earlier, with the FY2025 full-year figure at 3.97%, down 1232.0% from the prior year.
  • Net Margin declined to 2.08% in Q1 2026 per MSGE's latest filing, from 21.83% in the prior quarter.
  • Across five years, Net Margin topped out at 37.69% in Q2 2024 and bottomed at 68.91% in Q2 2022.
  • The 5-year median for Net Margin is 1.46% (2024), against an average of 2.34%.
  • Across the five-year window, Net Margin soared 6979 bps in 2024 and tumbled 5532 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 27.28% in 2022, then climbed by 22 bps to 33.22% in 2023, then sank by 39 bps to 20.1% in 2024, then rose by 9 bps to 21.83% in 2025, then tumbled by 90 bps to 2.08% in 2026.
  • Per Business Quant, the three latest MSGE Net Margin figures stand at 2.08% (Q1 2026), 21.83% (Q4 2025), and 13.68% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 27.08%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 9.79%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -32.68%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -11.35%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 7.45%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 6.86%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 15.54%
8 Fox 20.85 Bn 17.36 Bn - 4.16%
9 News 16.48 Bn 15.01 Bn - -
10 Madison Square Garden Entertainment 3.63 Bn 3.30 Bn 99.47 Mn 2.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.08%
Dec 31, 2025 21.83%
Sep 30, 2025 -13.68%
Jun 30, 2025 -17.63%
Mar 31, 2025 3.31%
Dec 31, 2024 20.10%
Sep 30, 2024 -14.41%
Jun 30, 2024 37.69%
Mar 31, 2024 1.46%
Dec 31, 2023 33.22%
Sep 30, 2023 -36.25%
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%