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| Date | Value |
|---|---|
| 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% |