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

Madison Square Garden Sports (MSGS) has 13 years of Operating Income data on file, last reported at $2.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 93.93% year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2026 stood at -$25.9 million (down 128.83% YoY), and the FY2025 full-year result was $14.8 million, down 89.86% from the prior year.
• Operating Income for Q1 2026 stood at $2.0 million, down from $22.2 million in the prior quarter.
• Across five years, Operating Income topped out at $81.8 million in Q1 2023 and bottomed at -$35.9 million in Q3 2022.
• The 5-year median for Operating Income is $22.2 million (2025), against an average of $19.3 million.
• The widest annual swing landed in 2022, when Operating Income jumped 655.7%; it then plunged 231.5% in 2025.
• A 5-year view of Operating Income shows it stood at $51.5 million in 2022, then sank by 44.06% to $28.8 million in 2023, then plunged by 53.79% to $13.3 million in 2024, then jumped by 66.58% to $22.2 million in 2025, then tumbled by 91.15% to $2.0 million in 2026.
• The last three Operating Income figures came in at $2.0 million (Q1 2026), $22.2 million (Q4 2025), and -$27.4 million (Q3 2025), per Business Quant data.

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