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Madison Square Garden Sports (MSGS) Operating Leases (2019 - 2025)

Madison Square Garden Sports (MSGS) has disclosed Operating Leases for 7 consecutive years, with $829.4 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Leases rose 12.3% year-over-year to $829.4 million, compared with a TTM value of $829.4 million through Sep 2025, up 12.3%, and an annual FY2025 reading of $841.0 million, up 5.1% over the prior year.
  • Operating Leases was $829.4 million for Q3 2025 at Madison Square Garden Sports, down from $841.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $848.5 million in Q1 2025 and bottomed at $689.3 million in Q3 2022.
  • Average Operating Leases over 5 years is $764.1 million, with a median of $750.1 million recorded in 2022.
  • The sharpest move saw Operating Leases fell 4.72% in 2022, then grew 12.67% in 2023.
  • Year by year, Operating Leases stood at $723.4 million in 2021, then dropped by 2.87% to $702.7 million in 2022, then rose by 12.67% to $791.7 million in 2023, then fell by 6.71% to $738.6 million in 2024, then increased by 12.3% to $829.4 million in 2025.
  • Business Quant data shows Operating Leases for MSGS at $829.4 million in Q3 2025, $841.0 million in Q2 2025, and $848.5 million in Q1 2025.