Madison Square Garden Sports (MSGS) Retained Earnings (2015 - 2026)
Madison Square Garden Sports' (MSGS) quarterly Retained Earnings came in at -$129.9 million in Q2 2026, up 5.62% on a YoY basis from -$122.9 million in Q2 2025, and up 17.89% quarter-over-quarter from -$158.2 million in Q1 2026.
Analysis
Madison Square Garden Sports (MSGS) Retained Earnings (2015 - 2026) Analysis & Trends
Madison Square Garden Sports (MSGS) has reported Retained Earnings for 12 consecutive years, with -$129.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Retained Earnings rose 5.62% year-over-year to -$129.9 million; the trailing twelve-month figure through Jun 2026 stood at -$129.9 million (up 5.62% YoY), and the FY2026 full-year result was -$129.9 million, up 5.62% from the prior year.
- Retained Earnings rose to -$129.9 million in Q2 2026 per MSGS's latest filing, from -$158.2 million in the prior quarter.
- Across five years, Retained Earnings topped out at -$35.7 million in Q2 2022 and bottomed at -$217.0 million in Q4 2022.
- Historically, Retained Earnings has averaged -$135.2 million across 5 years, with a median of -$137.9 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Retained Earnings jumped 54.75% in 2022, then plunged 387.16% in 2023.
- Over 5 years, Retained Earnings stood at -$217.0 million in 2022, then grew by 17.75% to -$178.5 million in 2023, then jumped by 31.89% to -$121.6 million in 2024, then slipped by 13.64% to -$138.2 million in 2025, then rose by 6.02% to -$129.9 million in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$129.9 million, -$158.2 million, and -$138.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Madison Square Garden Sports | 9.43 Bn | 9.27 Bn | 119.21 Mn | -129.86 Mn |
| 2 | Sphere Entertainment | 5.15 Bn | 4.60 Bn | 162.58 Mn | -220.31 Mn |
| 3 | Vail Resorts | 4.74 Bn | 4.36 Bn | - | 818.33 Mn |
| 4 | Atlanta Braves Holdings | 3.58 Bn | 3.40 Bn | 53.08 Mn | 1.18 Bn |
| 5 | Manchester United | 3.54 Bn | 3.45 Bn | 209.64 Mn | -478.73 Mn |
| 6 | Lucky Strike Entertainment | 793.15 Mn | 753.79 Mn | 199.97 Mn | 444.10 Mn |
| 7 | Seaport Entertainment | 336.56 Mn | 218.77 Mn | 18.12 Mn | 626.76 Mn |
| 8 | Dave & Buster's Entertainment | 303.28 Mn | 283.68 Mn | 372.50 Mn | 614.50 Mn |
| 9 | Rci Hospitality Holdings | 221.02 Mn | 194.61 Mn | - | 208.83 Mn |
| 10 | Aureus Greenway Holdings | 181.97 Mn | 139.22 Mn | - | 52.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -129.86 Mn |
| Mar 31, 2026 | -158.16 Mn |
| Dec 31, 2025 | -138.18 Mn |
| Sep 30, 2025 | -146.41 Mn |
| Jun 30, 2025 | -137.60 Mn |
| Mar 31, 2025 | -135.82 Mn |
| Dec 31, 2024 | -121.59 Mn |
| Sep 30, 2024 | -122.69 Mn |
| Jun 30, 2024 | -115.14 Mn |
| Mar 31, 2024 | -140.64 Mn |
| Dec 31, 2023 | -178.51 Mn |
| Sep 30, 2023 | -192.74 Mn |
| Jun 30, 2023 | -173.91 Mn |
| Mar 31, 2023 | -164.67 Mn |
| Dec 31, 2022 | -217.05 Mn |
| Sep 30, 2022 | -62.45 Mn |
| Jun 30, 2022 | -35.70 Mn |
| Mar 31, 2022 | -62.89 Mn |
| Dec 31, 2021 | -87.39 Mn |
| Sep 30, 2021 | -103.24 Mn |