Madison Square Garden Entertainment (MSGE) Operating Expenses (2022 - 2025)
Madison Square Garden Entertainment (MSGE) has 4 years of Operating Expenses data on record, last reported at $69.5 million in Q4 2025.
- For Q4 2025, Operating Expenses rose 21.56% year-over-year to $69.5 million; the TTM value through Dec 2025 reached $240.4 million, up 10.37%, while the annual FY2025 figure was $216.0 million, 3.82% down from the prior year.
- Operating Expenses reached $69.5 million in Q4 2025 per MSGE's latest filing, up from $57.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $69.5 million in Q4 2025 and bottomed at $40.1 million in Q3 2022.
- Average Operating Expenses over 4 years is $54.0 million, with a median of $53.1 million recorded in 2023.
- Peak YoY movement for Operating Expenses: surged 50.51% in 2023, then decreased 24.3% in 2024.
- A 4-year view of Operating Expenses shows it stood at $50.7 million in 2022, then decreased by 2.73% to $49.3 million in 2023, then increased by 16.0% to $57.2 million in 2024, then rose by 21.56% to $69.5 million in 2025.
- Per Business Quant database, its latest 3 readings for Operating Expenses were $69.5 million in Q4 2025, $57.8 million in Q3 2025, and $61.0 million in Q2 2025.