Madison Square Garden Sports (MSGS) Free Cash Flow (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Free Cash Flow came in at $57.6 million in Q2 2026, up 16.75% on a YoY basis from $49.3 million in Q2 2025, and little changed quarter-over-quarter from $57.4 million in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Free Cash Flow (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Free Cash Flow for 13 consecutive years, with $57.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 16.75% year-over-year to $57.6 million; the trailing twelve-month figure through Jun 2026 stood at $61.3 million (down 30.38% YoY), and the FY2026 full-year result was $61.3 million, down 30.38% from the prior year.
- Free Cash Flow steadied at $57.6 million in Q2 2026 per MSGS's latest filing, from $57.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $113.8 million in Q2 2022 and bottomed at -$85.3 million in Q3 2025.
- Historically, Free Cash Flow has averaged $30.3 million across 5 years, with a median of $35.4 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Free Cash Flow sank 5478.99% in 2023, then jumped 1368.59% in 2026.
- Over 5 years, Free Cash Flow stood at $29.9 million in 2022, then increased by 11.35% to $33.3 million in 2023, then soared by 83.94% to $61.2 million in 2024, then tumbled by 48.42% to $31.6 million in 2025, then jumped by 82.4% to $57.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $57.6 million, $57.4 million, and $31.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | 57.62 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -48.13 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | -28.24 Mn |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | -68.71 Mn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | 37.99 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | -35.54 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 | 8.50 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 9.75 Mn |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | -299,307.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.62 Mn |
| Mar 31, 2026 | 57.38 Mn |
| Dec 31, 2025 | 31.59 Mn |
| Sep 30, 2025 | -85.33 Mn |
| Jun 30, 2025 | 49.35 Mn |
| Mar 31, 2025 | 3.91 Mn |
| Dec 31, 2024 | 61.25 Mn |
| Sep 30, 2024 | -26.52 Mn |
| Jun 30, 2024 | 107.98 Mn |
| Mar 31, 2024 | 3.94 Mn |
| Dec 31, 2023 | 33.30 Mn |
| Sep 30, 2023 | -54.54 Mn |
| Jun 30, 2023 | 37.52 Mn |
| Mar 31, 2023 | 82.85 Mn |
| Dec 31, 2022 | 29.90 Mn |
| Sep 30, 2022 | 1.01 Mn |
| Jun 30, 2022 | 113.78 Mn |
| Mar 31, 2022 | 39.70 Mn |
| Dec 31, 2021 | 43.14 Mn |
| Sep 30, 2021 | -19.49 Mn |