Growth Metrics

Madison Square Garden Sports (MSGS) Operating Income (2016 - 2026)

Madison Square Garden Sports filings provide 12 years of Operating Income readings, the most recent being $22.2 million for Q4 2025.

  • On a quarterly basis, Operating Income rose 66.58% to $22.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $4.5 million, a 96.7% decrease, with the full-year FY2025 number at $14.8 million, down 89.86% from a year prior.
  • Operating Income hit $22.2 million in Q4 2025 for Madison Square Garden Sports, up from -$27.4 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $81.8 million in Q1 2023 to a low of -$35.9 million in Q3 2022.
  • Median Operating Income over the past 5 years was $17.7 million (2024), compared with a mean of $15.7 million.
  • Biggest five-year swings in Operating Income: soared 655.7% in 2022 and later crashed 231.5% in 2025.
  • Madison Square Garden Sports' Operating Income stood at $35.9 million in 2021, then surged by 43.43% to $51.5 million in 2022, then tumbled by 44.06% to $28.8 million in 2023, then tumbled by 53.79% to $13.3 million in 2024, then surged by 66.58% to $22.2 million in 2025.
  • The last three reported values for Operating Income were $22.2 million (Q4 2025), -$27.4 million (Q3 2025), and -$22.6 million (Q2 2025) per Business Quant data.