Madison Square Garden Entertainment (MSGE) Operating Income (2022 - 2026)
Madison Square Garden Entertainment (MSGE) posted quarterly Operating Income of $16.1 million for Q1 2026, down 41.08% year-over-year from $27.3 million in Q1 2025, and down 90.17% quarter-over-quarter from $163.8 million in Q4 2025.
Madison Square Garden Entertainment (MSGE) Operating Income (2022 - 2026) Analysis & Trends
Madison Square Garden Entertainment's Operating Income history runs 5 years deep, the most recent figure standing at $16.1 million for Q1 2026.
- In Q1 2026, Operating Income fell 41.08% year-over-year to $16.1 million; the TTM figure through Mar 2026 stood at $124.4 million (down 10.48% YoY), while the FY2025 annual figure was $122.1 million, up 9.07% from the prior year.
- Operating Income for Q1 2026 stood at $16.1 million, down from $163.8 million in the prior quarter.
- The five-year high for Operating Income was $163.8 million in Q4 2025, with the low at -$33.4 million in Q3 2023.
- The 5-year median for Operating Income is $15.8 million (2022), against an average of $29.4 million.
- The sharpest annual moves came in 2023 and 2025: Operating Income plunged 293.46% in 2023, then soared 62.63% in 2025.
- Madison Square Garden Entertainment's Operating Income stood at $113.4 million in 2022, then increased by 21.14% to $137.4 million in 2023, then advanced by 1.15% to $139.0 million in 2024, then climbed by 17.85% to $163.8 million in 2025, then tumbled by 90.17% to $16.1 million in 2026.
- Business Quant data shows MSGE's Operating Income at $16.1 million in Q1 2026, $163.8 million in Q4 2025, and -$29.7 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -8.91 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 237.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 521.92 Mn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 88.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 146.18 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 429.81 Mn |
| 10 | Madison Square Garden Entertainment | 3.89 Bn | 3.59 Bn | 75.84 Mn | -8.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.64 Mn |
| Mar 31, 2026 | 16.10 Mn |
| Dec 31, 2025 | 163.82 Mn |
| Sep 30, 2025 | -29.74 Mn |
| Jun 30, 2025 | -25.75 Mn |
| Mar 31, 2025 | 27.33 Mn |
| Dec 31, 2024 | 139.00 Mn |
| Sep 30, 2024 | -18.48 Mn |
| Jun 30, 2024 | -8.86 Mn |
| Mar 31, 2024 | 16.80 Mn |
| Dec 31, 2023 | 137.42 Mn |
| Sep 30, 2023 | -33.43 Mn |
| Jun 30, 2023 | -21.79 Mn |
| Mar 31, 2023 | 24.66 Mn |
| Dec 31, 2022 | 113.44 Mn |
| Sep 30, 2022 | -11.31 Mn |
| Jun 30, 2022 | -5.54 Mn |
| Mar 31, 2022 | 15.82 Mn |