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

Madison Square Garden Entertainment's (MSGE) quarterly Operating Leases came in at $564.9 million in Q1 2026, down 0.85% year-on-year from $569.8 million in Q1 2025, and down 0.76% quarter-over-quarter from $569.2 million in Q4 2025.

Madison Square Garden Entertainment (MSGE) Operating Leases (2022 - 2026) Analysis & Trends

Madison Square Garden Entertainment's Operating Leases history runs 5 years deep, the most recent figure standing at $564.9 million for Q1 2026.

  • On a quarterly basis, Operating Leases fell 0.85% year-over-year to $564.9 million in Q1 2026; TTM through Mar 2026 was $564.9 million, a 0.85% decrease from a year earlier, with the FY2025 full-year figure at $566.5 million, up 32.66% from the prior year.
  • Operating Leases declined to $564.9 million in Q1 2026 per MSGE's latest filing, from $569.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $570.8 million in Q3 2025 and bottomed at $213.0 million in Q3 2023.
  • The 5-year median for Operating Leases is $439.0 million (2024), against an average of $414.7 million.
  • Across the five-year window, Operating Leases decreased 12.5% in 2023 and soared 111.75% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $293.1 million in 2022, then increased by 6.08% to $311.0 million in 2023, then surged by 45.73% to $453.2 million in 2024, then gained by 25.62% to $569.2 million in 2025, then retreated by 0.76% to $564.9 million in 2026.
  • Per Business Quant, the three latest MSGE Operating Leases figures stand at $564.9 million (Q1 2026), $569.2 million (Q4 2025), and $570.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn
8 Fox 20.85 Bn 17.36 Bn -
9 News 16.48 Bn 15.01 Bn -
10 Madison Square Garden Entertainment 3.63 Bn 3.30 Bn 99.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 564.94 Mn
Dec 31, 2025 569.24 Mn
Sep 30, 2025 570.77 Mn
Jun 30, 2025 566.48 Mn
Mar 31, 2025 569.76 Mn
Dec 31, 2024 453.16 Mn
Sep 30, 2024 451.07 Mn
Jun 30, 2024 427.01 Mn
Mar 31, 2024 330.90 Mn
Dec 31, 2023 310.95 Mn
Sep 30, 2023 213.02 Mn
Jun 30, 2023 256.48 Mn
Mar 31, 2023 229.50 Mn
Jun 30, 2022 293.12 Mn