Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026)

Madison Square Garden Sports (MSGS) reported Net Margin of 4.62% for Q1 2026, down 127.0% on a YoY basis from 17.12% in Q1 2025, and down 326.28% quarter-over-quarter from 2.04% in Q4 2025.

Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026) Analysis & Trends

Madison Square Garden Sports has reported Net Margin for 13 years, with the latest figure at 4.62% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 127.0% year-over-year to 4.62%; the trailing twelve-month figure through Mar 2026 stood at 2.07% (down 252.0% YoY), and the FY2025 full-year result was 2.16%, down 788.0% from the prior year.
  • Net Margin for Q1 2026 stood at 4.62%, down from 2.04% in the prior quarter.
  • The five-year high for Net Margin was 15.21% in Q2 2022, with the low at 76.91% in Q3 2022.
  • Historically, Net Margin has averaged 6.16% across 5 years, with a median of 0.31% in 2024.
  • The largest YoY upside for Net Margin was 3319 bps in 2023 against a maximum downside of 2269 bps in 2023.
  • Madison Square Garden Sports' Net Margin stood at 6.17% in 2022, then retreated by 30 bps to 4.35% in 2023, then tumbled by 93 bps to 0.31% in 2024, then soared by 558 bps to 2.04% in 2025, then sank by 326 bps to 4.62% in 2026.
  • The last three Net Margin figures came in at 4.62% (Q1 2026), 2.04% (Q4 2025), and 22.3% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 43.13%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 9.79%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -32.68%
4 Brera Holdings 53.07 Bn 53.07 Bn - -73.15%
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -11.35%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 7.45%
7 Fox 20.41 Bn 16.92 Bn - 4.16%
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 6.87%
9 News 15.92 Bn 14.45 Bn - -
10 Madison Square Garden Sports 8.94 Bn 8.83 Bn 77.70 Mn -4.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.62%
Dec 31, 2025 2.04%
Sep 30, 2025 -22.30%
Jun 30, 2025 -0.87%
Mar 31, 2025 -3.35%
Dec 31, 2024 0.31%
Sep 30, 2024 -14.15%
Jun 30, 2024 11.22%
Mar 31, 2024 8.81%
Dec 31, 2023 4.35%
Sep 30, 2023 -43.72%
Jun 30, 2023 -7.48%
Mar 31, 2023 13.54%
Dec 31, 2022 6.17%
Sep 30, 2022 -76.91%
Jun 30, 2022 15.21%
Mar 31, 2022 7.08%
Dec 31, 2021 5.25%
Sep 30, 2021 -89.84%
Jun 30, 2020 -7.24%