Madison Square Garden Sports (MSGS) Cash from Operations (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Cash from Operations came in at $57.7 million in Q2 2026, up 15.94% on a YoY basis from $49.7 million in Q2 2025, and little changed quarter-over-quarter from $57.5 million in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Cash from Operations (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Cash from Operations for 13 consecutive years, with $57.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations rose 15.94% year-over-year to $57.7 million; the trailing twelve-month figure through Jun 2026 stood at $62.7 million (down 31.6% YoY), and the FY2026 full-year result was $62.7 million, down 31.6% from the prior year.
- Cash from Operations was little changed at $57.7 million in Q2 2026 per MSGS's latest filing, from $57.5 million in the prior quarter.
- Across five years, Cash from Operations topped out at $113.8 million in Q2 2022 and bottomed at -$85.0 million in Q3 2025.
- Historically, Cash from Operations has averaged $30.7 million across 5 years, with a median of $35.8 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Cash from Operations tumbled 4313.31% in 2023, then jumped 818.43% in 2026.
- Over 5 years, Cash from Operations stood at $30.3 million in 2022, then advanced by 11.86% to $33.9 million in 2023, then jumped by 82.32% to $61.8 million in 2024, then slumped by 47.48% to $32.4 million in 2025, then jumped by 77.69% to $57.7 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $57.7 million, $57.5 million, and $32.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 57.65 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -33.66 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 6.82 Mn |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -64.13 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | 36.90 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | -11.96 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | -1.42 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 113.80 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 11.28 Mn |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -293,281.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.65 Mn |
| Mar 31, 2026 | 57.52 Mn |
| Dec 31, 2025 | 32.45 Mn |
| Sep 30, 2025 | -84.95 Mn |
| Jun 30, 2025 | 49.72 Mn |
| Mar 31, 2025 | 6.26 Mn |
| Dec 31, 2024 | 61.78 Mn |
| Sep 30, 2024 | -26.16 Mn |
| Jun 30, 2024 | 108.35 Mn |
| Mar 31, 2024 | 4.04 Mn |
| Dec 31, 2023 | 33.88 Mn |
| Sep 30, 2023 | -54.14 Mn |
| Jun 30, 2023 | 37.67 Mn |
| Mar 31, 2023 | 83.22 Mn |
| Dec 31, 2022 | 30.29 Mn |
| Sep 30, 2022 | 1.29 Mn |
| Jun 30, 2022 | 113.82 Mn |
| Mar 31, 2022 | 40.20 Mn |
| Dec 31, 2021 | 43.34 Mn |
| Sep 30, 2021 | -19.31 Mn |