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

Madison Square Garden Sports' Net Margin history runs 13 years deep, the most recent figure standing at 4.62% for 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 was 4.62% for Q1 2026 at Madison Square Garden Sports, down from 2.04% in the prior quarter.
• Across five years, Net Margin topped out at 15.21% in Q2 2022 and bottomed at 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.
• Peak annual rise in Net Margin reached 3319 bps in 2023, while the deepest fall reached 2269 bps in 2023.
• Madison Square Garden Sports' Net Margin stood at 6.17% in 2022, then slipped by 30 bps to 4.35% in 2023, then sank by 93 bps to 0.31% in 2024, then surged by 558 bps to 2.04% in 2025, then tumbled by 326 bps to 4.62% in 2026.
• Business Quant data shows MSGS's Net Margin at 4.62% in Q1 2026, 2.04% in Q4 2025, and 22.3% in Q3 2025.