Madison Square Garden Entertainment MSGE Revenue Breakdown

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As of: Sep 29, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Madison Square Garden Entertainment, fiscal 2021 to 2026, as reported in its filings.
Annual history

Madison Square Garden Entertainment Revenue by Product & Service

Years FY 2021–2026
Lines 6
FY 2026 Total $618.68M

Sponsorship & Signage, Suite, And Advertising Commission Revenues was Madison Square Garden Entertainment’s largest product and service line in fiscal 2026, bringing in $275.49M of $618.68M (45%).

Madison Square Garden Entertainment revenue by product and service, fiscal 2021 to 2026
Product and Service FY 2021 FY 2022 FY 2024 FY 2025 FY 2026
Sponsorship & Signage, Suite, And Advertising Commission Revenues $254.08M $252.67M $275.49M
Food, Beverage, & Merchandise Direct Operating Expenses — $150.51M $164.41M
Arena License Fees & Other Leasing Revenue $73.28M — $86.25M
Arena License Agreements $68.07M $68.07M $68.07M
Other $6.55M $6.39M $6.29M
Third Party & Related Party Lease And Sublease Arrangements $5.21M $11.87M $18.18M
Total $870.45M $942.73M $618.68M
Totals include 3 discontinued lines from earlier reporting.

Madison Square Garden Entertainment revenue by product and service: what the figures show

Madison Square Garden Entertainment brought in $618.68M from its six product and service lines in fiscal 2026, the year ended June 30, 2026. Madison Square Garden Entertainment regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $942.73M. Sponsorship & Signage, Suite, And Advertising Commission Revenues was the largest at $275.49M (44.5%), ahead of Food, Beverage, & Merchandise Direct Operating Expenses at $164.41M (26.6%) and Arena License Fees & Other Leasing Revenue at $86.25M (13.9%). The other three lines brought in $92.53M combined.

Compared with fiscal 2025, Third Party & Related Party Lease And Sublease Arrangements grew fastest, up 53.2% to $18.18M. Every line above 2% of revenue grew.

Madison Square Garden Entertainment began breaking out Food, Beverage, & Merchandise Direct Operating Expenses in fiscal 2025, when it brought in $150.51M. Madison Square Garden Entertainment stopped reporting Ticketing & Venue License Fee Revenues as a separate line after fiscal 2025, when it brought in $453.24M.

Annual history

Madison Square Garden Entertainment Revenue by Timing Of Transfer Of Good Or Service

Years FY 2022
Lines 2
FY 2022 Total $538.77M

Transferred At Point In Time was Madison Square Garden Entertainment’s largest revenue line in fiscal 2022, bringing in $372.55M of $538.77M (69%).

Madison Square Garden Entertainment revenue by timing of transfer of good or service, fiscal 2022 to 2022
Timing Of Transfer Of Good Or Service FY 2022
Transferred At Point In Time $372.55M
Transferred Over Time $166.22M
Total $538.77M

Madison Square Garden Entertainment revenue by timing of transfer of good or service: what the figures show

Madison Square Garden Entertainment brought in $538.77M from its two revenue lines in fiscal 2022, the year ended June 30, 2022. Transferred At Point In Time was the largest at $372.55M (69.1%), ahead of Transferred Over Time at $166.22M (30.9%).

Questions

Madison Square Garden Entertainment Revenue Breakdown FAQ

How does Madison Square Garden Entertainment make money?

Madison Square Garden Entertainment (MSGE) reports its revenue by product and service and by timing of transfer of good or service. In fiscal 2026, Sponsorship & Signage, Suite, And Advertising Commission Revenues was its largest product and service line, bringing in $275.49M (44.5% of the total), followed by Food, Beverage, & Merchandise Direct Operating Expenses at $164.41M (26.6%).

What is Madison Square Garden Entertainment's largest product and service line?

Sponsorship & Signage, Suite, And Advertising Commission Revenues was Madison Square Garden Entertainment's largest product and service line in fiscal 2026, bringing in $275.49M, or 44.5% of the $618.68M total across its six product and service lines.

What is Madison Square Garden Entertainment's largest revenue line?

Transferred At Point In Time was Madison Square Garden Entertainment's largest revenue line in fiscal 2022, bringing in $372.55M, or 69.1% of the $538.77M total across its two revenue lines.

Where does this revenue breakdown data come from?

Every figure comes from Madison Square Garden Entertainment's annual financial filings, as reported. Each line keeps the name Madison Square Garden Entertainment gives it, and years follow its fiscal calendar.

How far back does Madison Square Garden Entertainment's revenue breakdown go?

Madison Square Garden Entertainment's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.