Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Net Margin came in at 4.62% in Q1 2026, down 127.0% YoY from 17.12% in Q1 2025, and down 326.28% on a QoQ basis from 2.04% in Q4 2025.
Madison Square Garden Sports (MSGS) Net Margin (2014 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has 13 years of Net Margin data on file, last reported at 4.62% in Q1 2026.
- Quarterly Net Margin fell 127.0% year-over-year to 4.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.07% (down 252.0% YoY) and the FY2025 annual result came in at 2.16%, down 788.0% from the prior year.
- Net Margin fell to 4.62% in Q1 2026, from 2.04% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 15.21% in Q2 2022 to a low of 76.91% in Q3 2022.
- A 5-year average of 6.16% and a median of 0.31% in 2024 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 3319 bps in 2023, down 2269 bps in 2023.
- Tracing MSGS's Net Margin over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 27.08% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 11.26% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 1.86% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 3.23% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 16.41% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 0.86% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 12.12% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 19.93% |
| 10 | Madison Square Garden Sports | 9.70 Bn | 9.54 Bn | 119.21 Mn | 10.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.15% |
| 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% |