Financials · MSGS

Madison Square Garden Sports Corp. (MSGS) financials

For the twelve months ended Sep 30, 2026, Madison Square Garden Sports Corp. reported $1.16B of revenue and -$14.58M of net income.

Revenue, TTM
$1.16B
Revenue growth, YoY
+13.1%
Net income, TTM
-$14.58M
Net margin
-1.3%
Free cash flow, TTM
-$353.0K
EPS, diluted, TTM
-$0.60
Cash
$40.05M
Total debt
$298.50M
P/S
6.47
Market cap
$7.51B
Annual revenue$1.15B
FY2017FY2026
Annual net income$7.76M
FY2017FY2026
Annual free cash flow$61.26M
FY2017FY2026

MSGS revenue and earnings growth

MSGS revenueQ1 2027$45.49M

Quarter YoY
+15.3%
QoQ
-83.7%
FY YoY
+11.0%
5Y CAGR
+22.6%
10Y CAGR
+0.3%

MSGS revenue was $45.49M in fiscal Q1 2027 (ended Sep 30, 2026), up 15.3% from a year earlier and down 83.7% from the prior quarter. For the full fiscal 2026 it was $1.15B, up 11.0% from fiscal 2025. Compound annual growth was +22.6% over 5 years and +0.3% over 10 years. It rose in 7 of the last 10 fiscal years.

MSGS net incomeQ1 2027-$31.14M

MSGS net income was -$31.14M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$8.80M a year earlier. For the full fiscal 2026 it was $7.76M, compared with -$22.44M in fiscal 2025.

MSGS EPSQ1 2027-$1.29

MSGS diluted EPS was -$1.29 in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$0.37 a year earlier. For the full fiscal 2026 it was $0.32, compared with -$0.93 in fiscal 2025.

MSGS free cash flowQ1 2027-$146.93M

FY YoY
-30.4%
10Y CAGR
+1.3%

MSGS free cash flow was -$146.93M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$85.33M a year earlier. For the full fiscal 2026 it was $61.26M, down 30.4% from fiscal 2025. Compound annual growth was +1.3% over 10 years. It rose in 0 of the last 4 fiscal years.

Export CSV

Income statement

Income statement
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue$1.15B$1.04B$1.03B$887.45M$821.35M$415.72M$603.32M$729.40M$712.41M$1.32B
Selling, general and admin$286.00M$266.08M$261.43M$249.88M$229.67M$206.70M$319.68M$327.44M$290.72M$406.95M
Operating income$28.87M$14.81M$146.04M$85.17M$86.08M-$78.44M-$93.87M-$58.20M-$18.18M-$56.31M
Interest expense$21.09M$21.65M$27.59M$22.88M$11.73M$10.56M$4.46M$4.97M$3.49M$4.19M
Pre-tax income$17.98M-$17.27M$105.67M$89.92M$73.93M-$89.32M-$98.05M-$60.64M-$21.29M-$81.19M
Income tax$10.22M$5.17M$46.90M$44.29M$25.05M-$73.42M$20.59M-$12.62M-$59.39M-$4.40M
Net income$7.76M-$22.44M$58.77M$47.79M$51.13M-$13.95M-$182.39M$11.43M$141.59M-$72.72M
EPS, basic$0.32-$0.93$2.45$1.90$2.11-$0.58-$7.62$0.48$5.99-$3.05
EPS, diluted$0.32-$0.93$2.44$1.89$2.10-$0.58-$7.62$0.48$5.94-$3.05
Diluted shares24.3M24.1M24.1M24.2M24.4M24.1M23.9M23.9M23.8M23.9M

Balance sheet

Balance sheet
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Cash and equivalents$164.51M$153.19M$89.14M$40.46M$91.02M$72.04M$77.85M$4.32M$1.09M$931.0K
Short-term investments-------$108.42M$0-
Receivables----$47.24M$74.20M$7.40M$15.54M$100.72M$102.08M
Inventory$10.39M---------
Current assets$323.29M$251.09M$216.94M$149.23M$205.27M$185.25M$128.28M$1.41B$1.42B$1.45B
Goodwill$226.52M$226.52M$226.52M$226.52M$226.96M$226.96M$226.96M$226.96M$392.51M$380.09M
Total assets$1.54B$1.47B$1.35B$1.32B$1.30B$1.31B$1.23B$3.76B$3.74B$3.71B
Current liabilities$642.43M$563.52M$521.98M$520.53M$438.30M$368.28M$290.25M$760.02M$765.50M$762.04M
Short-term debt$16.50M$24.00M$30.00M$30.00M$30.00M$30.00M$0$6.04M$4.37M$0
Long-term debt$242.00M$267.00M$275.00M$295.00M$220.00M$355.00M$350.00M$0$101.33M$105.43M
Total debt$258.50M$291.00M$305.00M$325.00M$250.00M$385.00M$350.00M$6.04M$105.70M$105.43M
Total liabilities$1.80B$1.75B$1.61B$1.65B$1.45B$1.51B$1.44B$1.06B$1.11B$1.21B
Shareholders' equity-$263.30M-$281.44M-$266.31M-$337.23M-$145.38M-$201.87M-$203.44M$2.64B$2.55B$2.42B

Cash flow

Cash flow
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Operating cash flow$62.66M$91.61M$92.13M$152.47M$178.06M-$35.33M$3.57M$161.25M$217.63M$223.53M
Capital expenditures$1.41M$3.62M$1.45M$1.18M$932.0K$466.0K$362.48M$188.83M$191.91M$44.22M
Free cash flow$61.26M$87.99M$90.68M$151.29M$177.12M-$35.79M-$358.91M-$27.58M$25.71M$179.31M
Investing cash flow-$2.21M-$6.92M-$8.90M-$17.76M-$2.93M-$466.0K-$514.86M-$232.90M-$182.36M-$264.30M
Financing cash flow-$49.13M-$26.41M-$28.79M-$185.27M-$156.14M$17.16M-$520.59M-$71.75M-$51.10M-$158.53M
Dividends paid$472.0K$633.0K$701.0K$170.92M$0$0----
Share repurchases------$0$0$11.83M$147.97M
Stock-based compensation$21.52M$17.93M$21.29M$25.20M$24.25M$30.44M$57.00M$59.47M$47.56M$41.13M
Depreciation and amortization$3.18M$3.22M$3.16M$3.58M$5.04M$5.57M$93.36M$119.19M$122.49M$107.39M

Key ratios

Key ratios
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue growth, YoY11.0%1.2%15.7%8.0%97.6%-31.1%-17.3%2.4%-46.0%18.2%
Net income growth, YoY--23.0%-6.5%----91.9%--
EPS growth, YoY--29.1%-10.0%----91.9%--
Operating margin2.5%1.4%14.2%9.6%10.5%-18.9%-15.6%-8.0%-2.6%-4.3%
Net margin0.7%-2.2%5.7%5.4%6.2%-3.4%-30.2%1.6%19.9%-5.5%
Free cash flow margin5.3%8.5%8.8%17.0%21.6%-8.6%-59.5%-3.8%3.6%13.6%
Return on equity-------0.4%5.5%-3.0%
Return on assets0.5%-1.5%4.4%3.6%3.9%-1.1%-14.8%0.3%3.8%-2.0%
Current ratio0.500.450.420.290.470.500.441.861.851.90
Debt to equity-------0.000.040.04

Source: XBRL data Madison Square Garden Sports Corp. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MSGS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MSGS$1.16B+13.1%-$14.58M-1.3%$7.51B
DIS$98.86B+4.6%$8.60B8.7%$201.59B
LYV$27.88B+13.5%$151.08M0.5%$41.29B
TKO$5.54B+19.8%$287.24M5.2%$36.02B
WMG$7.30B+12.9%$672.00M9.2%$16.37B
LLYVK$451.16M+28.3%-$50.39M-11.2%$9.78B
LLYVA$451.16M+28.3%-$50.39M-11.2%$9.40B
DKNG$6.41B+17.4%-$378.83M-5.9%$9.19B
MSGK$1.16B+13.1%-$14.58M-1.3%$7.51B

MSGS FAQ

8 questions
  • What is MSGS revenue?
    Madison Square Garden Sports Corp. (MSGS) reported $1.16B of revenue for the twelve months ended Sep 30, 2026. That is up 13.1% from the year before. Revenue for fiscal 2026 was $1.15B.
  • Is MSGS profitable?
    No. Madison Square Garden Sports Corp. reported a net loss of $14.58M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does MSGS have?
    Madison Square Garden Sports Corp. reported $40.05M in cash and cash equivalents and $298.50M of debt on its most recent balance sheet in SEC filings.
  • How fast is MSGS revenue growing?
    Madison Square Garden Sports Corp.'s revenue changed +11.0% in fiscal 2026, to $1.15B. Its compound annual growth rate was +22.6% over 5 years and +0.3% over 10 years.
  • What is MSGS free cash flow?
    Madison Square Garden Sports Corp. generated -$353.0K of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.35M less capital expenditures.
  • What is MSGS earnings per share?
    Diluted earnings per share were -$0.60 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MSGS last report financial results?
    The latest statements here come from Madison Square Garden Sports Corp.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this MSGS financial data come from?
    Quantisnow builds these statements from the structured XBRL data Madison Square Garden Sports Corp. files with the SEC. It is provided for information only and is not investment advice.