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| Date | Value |
|---|---|
| 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% |