Madison Square Garden Sports (MSGS) Accumulated Expenses (2015 - 2026)
Madison Square Garden Sports (MSGS) posted Accumulated Expenses of $173.2 million for Q1 2026, up 74.47% on a QoQ basis from $99.3 million in Q4 2025, and up 24.67% year-over-year from $139.0 million in Q1 2025.
Madison Square Garden Sports (MSGS) Accumulated Expenses (2015 - 2026) Analysis & Trends
Madison Square Garden Sports' Accumulated Expenses history runs 12 years deep, the most recent figure standing at $173.2 million for Q1 2026.
- Quarterly Accumulated Expenses rose 24.67% year-over-year to $173.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $173.2 million (up 24.67% YoY) and the FY2025 annual result came in at $98.9 million, down 26.14% from the prior year.
- Accumulated Expenses was $173.2 million for Q1 2026 at Madison Square Garden Sports, up from $99.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $173.2 million in Q1 2026 and bottomed at $56.6 million in Q3 2025.
- A 5-year average of $111.2 million and a median of $99.3 million in 2025 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses soared 83.04% — and 2025, when it slipped 26.14%.
- Madison Square Garden Sports' Accumulated Expenses stood at $96.2 million in 2022, then declined by 5.45% to $91.0 million in 2023, then fell by 3.97% to $87.4 million in 2024, then rose by 13.65% to $99.3 million in 2025, then surged by 74.47% to $173.2 million in 2026.
- Business Quant data shows MSGS's Accumulated Expenses at $173.2 million in Q1 2026, $99.3 million in Q4 2025, and $56.6 million in 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 Sports | 9.53 Bn | 9.53 Bn | 77.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 173.25 Mn |
| Dec 31, 2025 | 99.30 Mn |
| Sep 30, 2025 | 56.55 Mn |
| Jun 30, 2025 | 98.92 Mn |
| Mar 31, 2025 | 138.96 Mn |
| Dec 31, 2024 | 87.37 Mn |
| Sep 30, 2024 | 68.77 Mn |
| Jun 30, 2024 | 133.93 Mn |
| Mar 31, 2024 | 151.73 Mn |
| Dec 31, 2023 | 90.99 Mn |
| Sep 30, 2023 | 70.15 Mn |
| Jun 30, 2023 | 144.31 Mn |
| Mar 31, 2023 | 160.98 Mn |
| Dec 31, 2022 | 96.23 Mn |
| Sep 30, 2022 | 69.59 Mn |
| Jun 30, 2022 | 119.28 Mn |
| Mar 31, 2022 | 129.95 Mn |
| Dec 31, 2021 | 88.31 Mn |
| Sep 30, 2021 | 55.03 Mn |
| Jun 30, 2021 | 90.27 Mn |