Madison Square Garden Sports (MSGS) Gross Profit (2014 - 2026)
Madison Square Garden Sports (MSGS) posted Gross Profit of $77.7 million for Q1 2026, down 15.58% on a QoQ basis from $92.0 million in Q4 2025, and down 27.97% year-over-year from $107.9 million in Q1 2025.
Madison Square Garden Sports (MSGS) Gross Profit (2014 - 2026) Analysis & Trends
Madison Square Garden Sports' Gross Profit history runs 13 years deep, the most recent figure standing at $77.7 million for Q1 2026.
- Quarterly Gross Profit fell 27.97% year-over-year to $77.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $250.0 million (down 29.46% YoY) and the FY2025 annual result came in at $284.1 million, down 30.81% from the prior year.
- Gross Profit was $77.7 million for Q1 2026 at Madison Square Garden Sports, down from $92.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $156.9 million in Q1 2024 and bottomed at $20.4 million in Q3 2022.
- A 5-year average of $85.2 million and a median of $82.3 million in 2022 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit surged 156.77% — and 2025, when it slumped 58.88%.
- Madison Square Garden Sports' Gross Profit stood at $128.0 million in 2022, then dropped by 26.03% to $94.7 million in 2023, then decreased by 13.38% to $82.0 million in 2024, then increased by 12.23% to $92.0 million in 2025, then retreated by 15.58% to $77.7 million in 2026.
- Business Quant data shows MSGS's Gross Profit at $77.7 million in Q1 2026, $92.0 million in Q4 2025, and $31.2 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 | 77.70 Mn |
| Mar 31, 2026 | 77.70 Mn |
| Dec 31, 2025 | 92.04 Mn |
| Dec 31, 2025 | 92.04 Mn |
| Sep 30, 2025 | 31.18 Mn |
| Sep 30, 2025 | 31.18 Mn |
| Jun 30, 2025 | 49.14 Mn |
| Jun 30, 2025 | 49.14 Mn |
| Mar 31, 2025 | 107.86 Mn |
| Mar 31, 2025 | 107.86 Mn |
| Dec 31, 2024 | 82.01 Mn |
| Dec 31, 2024 | 82.01 Mn |
| Sep 30, 2024 | 45.10 Mn |
| Sep 30, 2024 | 45.10 Mn |
| Jun 30, 2024 | 119.51 Mn |
| Jun 30, 2024 | 119.51 Mn |
| Mar 31, 2024 | 156.93 Mn |
| Mar 31, 2024 | 156.93 Mn |
| Dec 31, 2023 | 94.67 Mn |
| Dec 31, 2023 | 94.67 Mn |