Madison Square Garden Sports (MSGS) Operating Expenses (2014 - 2026)

Madison Square Garden Sports (MSGS) has reported Operating Expenses for 13 consecutive years, with $86.3 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 21.7% year-over-year to $86.3 million; the trailing twelve-month figure through Jun 2026 stood at $288.1 million (up 8.27% YoY), and the FY2026 full-year result was $288.1 million, up 8.27% from the prior year.
• Operating Expenses advanced to $86.3 million in Q2 2026 per MSGS's latest filing, from $74.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $86.3 million in Q2 2026 and bottomed at $52.6 million in Q3 2024.
• Historically, Operating Expenses has averaged $66.2 million across 5 years, with a median of $67.2 million in 2024.
• The widest YoY moves for Operating Expenses: up 47.22% in 2022, down 15.52% in 2022.
• Over 5 years, Operating Expenses stood at $75.6 million in 2022, then fell by 13.97% to $65.1 million in 2023, then advanced by 4.36% to $67.9 million in 2024, then grew by 1.72% to $69.1 million in 2025, then climbed by 24.92% to $86.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $86.3 million, $74.9 million, and $69.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.