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| Date | Value |
|---|---|
| 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 |