Madison Square Garden Entertainment (MSGE) Operating Expenses (2022 - 2026)

Madison Square Garden Entertainment's Operating Expenses history runs 5 years deep, the most recent figure standing at $69.6 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 33.3% year-over-year to $69.6 million in Q1 2026; TTM through Mar 2026 was $257.8 million, a 20.63% increase from a year earlier, with the FY2025 full-year figure at $216.0 million, down 3.82% from the prior year.
• Operating Expenses steadied at $69.6 million in Q1 2026 per MSGE's latest filing, from $69.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $69.6 million in Q1 2026 and bottomed at $38.4 million in Q2 2022.
• The 5-year median for Operating Expenses is $53.1 million (2023), against an average of $54.0 million.
• Across the five-year window, Operating Expenses jumped 50.51% in 2023 and dropped 24.3% in 2024, its largest moves.
• Year by year, Operating Expenses 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 climbed by 21.56% to $69.5 million in 2025, then grew by 0.13% to $69.6 million in 2026.
• Per Business Quant, the three latest MSGE Operating Expenses figures stand at $69.6 million (Q1 2026), $69.5 million (Q4 2025), and $57.8 million (Q3 2025).