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

Madison Square Garden Entertainment (MSGE) recorded quarterly Operating Income of $16.1 million in Q1 2026, down 90.17% quarter-over-quarter from $163.8 million in Q4 2025, and down 41.08% on a YoY basis from $27.3 million in Q1 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 was $16.1 million for Q1 2026 at Madison Square Garden Entertainment, down from $163.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $163.8 million in Q4 2025 to a low of -$33.4 million in Q3 2023.
  • Historically, Operating Income has averaged $29.4 million across 5 years, with a median of $15.8 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Income sank 293.46% in 2023, then jumped 62.63% in 2025.
  • A 5-year view of Operating Income shows it stood at $113.4 million in 2022, then rose by 21.14% to $137.4 million in 2023, then climbed by 1.15% to $139.0 million in 2024, then grew by 17.85% to $163.8 million in 2025, then plunged by 90.17% to $16.1 million in 2026.
  • The last three Operating Income figures came in at $16.1 million (Q1 2026), $163.8 million (Q4 2025), and -$29.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 3.96 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 2.31 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -2.47 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -370.52 Mn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 64.00 Mn
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 51.77 Mn
9 News 15.92 Bn 14.45 Bn - -
10 Madison Square Garden Entertainment 3.49 Bn 3.17 Bn 99.47 Mn 16.10 Mn

Historic Data

Download Data
DateValue
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