Madison Square Garden Entertainment Corp (MSGE) Income Statement
MSGE FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsMSGE revenue and net income
Where MSGE's revenue goes
FY2026Each bar shows an amount and its share of revenue. MSGE kept 6.2% of revenue as net income.
MSGE profit margins
MSGE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.5% | +7.6% | +66.9% | — |
| Gross profit | +17.5% | +10.8% | +140.4% | — |
| Operating income | +5.3% | +10.5% | — | — |
| Net income | +76.8% | −4.8% | — | — |
| EPS (diluted) | +76.2% | +63.1% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MSGE quarterly EPS vs estimates
MSG Entertainment beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $-0.06).
MSGE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $942.7M | $959.3M | $851.5M | $653.5M | $81.8M | $584.6M | $1.05B | $989.0M | $711.0M |
| Cost of revenue | $582.3M | $535.6M | $547.0M | $499.9M | $394.8M | $75.9M | $380.5M | $670.6M | $635.2M | $517.1M |
| Gross profit | $478.5M | $407.1M | $412.2M | $351.6M | $258.7M | $6.0M | $204.1M | $378.3M | $353.8M | $193.9M |
| Sales, general & admin | $253.1M | $240.7M | $232.2M | $180.2M | $188.8M | $157.2M | $127.0M | $314.5M | $273.0M | $194.3M |
| Total operating expenses | $336.9M | $272.7M | $300.3M | $246.6M | $264.3M | $243.2M | −$21.3M | $423.9M | $385.1M | $292.4M |
| Operating income | $141.5M | $134.3M | $111.9M | $105.0M | −$5.6M | −$237.3M | $225.3M | −$45.6M | −$31.3M | −$98.4M |
| Interest income | $6.2M | $2.3M | $3.0M | $7.2M | $4.2M | $1.3M | $18.0M | $30.2M | $21.3M | $11.8M |
| Interest expense | $40.0M | $50.5M | $58.0M | $51.9M | $53.1M | $33.7M | $425,000 | $15.3M | $12.2M | $1.9M |
| Income before taxes | $107.0M | $65.6M | $52.3M | $77.8M | −$136.3M | −$214.0M | $270.8M | −$29.7M | −$28.9M | −$120.4M |
| Income taxes | $40.8M | $28.1M | −$92.0M | $1.7M | −$70,000 | $5.3M | $100.2M | $443,000 | −$30.8M | −$7.8M |
| Net income | $66.2M | $37.4M | $144.3M | $76.6M | −$133.3M | −$218.6M | $171.7M | −$17.9M | $6.9M | −$108.5M |
| EBITDA | −$911,000 | $173.8M | $180.0M | $190.1M | $69.9M | −$151.3M | $359.4M | $99.5M | $95.3M | −$20.4M |
| EPS (diluted) | $1.78 | $1.01 | $3.62 | $0.41 | −$3.56 | −$16.02 | −$4.66 | −$0.75 | — | — |
| Gross margin | 45.1% | 43.2% | 43.0% | 41.3% | 39.6% | 7.3% | 34.9% | 36.1% | 35.8% | 27.3% |
| Operating margin | 13.3% | 14.3% | 11.7% | 12.3% | −0.9% | −290.0% | 38.5% | −4.3% | −3.2% | −13.8% |
| Net margin | 6.2% | 4.0% | 15.0% | 9.0% | −20.4% | −267.2% | 29.4% | −1.7% | 0.7% | −15.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $196.3M | $246.3M | $459.9M | $158.3M | $154.1M | $242.5M | $407.4M | $138.7M | $186.1M | $228.3M | $402.7M | $142.2M |
| Cost of revenue | $120.5M | $146.8M | $212.7M | $102.4M | $78.9M | $138.9M | $197.1M | $97.7M | $100.6M | $142.0M | $202.8M | $101.7M |
| Gross profit | $75.8M | $99.5M | $247.3M | $55.9M | $75.3M | $103.6M | $210.3M | $41.0M | $85.5M | $86.3M | $199.9M | $40.5M |
| Sales, general & admin | $67.2M | $61.0M | $68.4M | $56.6M | $83.0M | $52.1M | $57.2M | $45.7M | $78.5M | $53.9M | $48.4M | $48.8M |
| Total operating expenses | $109.2M | $74.7M | $82.3M | $99.7M | $101.0M | $66.5M | $71.4M | $59.5M | $94.3M | $69.5M | $62.5M | $74.0M |
| Operating income | −$33.4M | $24.7M | $164.9M | −$101.2M | −$25.8M | $37.1M | $139.0M | −$18.5M | −$8.9M | $16.8M | $137.4M | −$33.4M |
| Interest income | $2.6M | $2.2M | $813,000 | $520,000 | $881,000 | $710,000 | $365,000 | $372,000 | $701,000 | $341,000 | $1.1M | $851,000 |
| Interest expense | $9.1M | $9.4M | $10.4M | $9.4M | $11.7M | $11.8M | $13.0M | $14.0M | $14.2M | $14.4M | $15.0M | $14.3M |
| Income before taxes | −$14.4M | $8.2M | $153.5M | −$136.7M | −$42.2M | $15.3M | $125.4M | −$32.9M | −$25.5M | $2.8M | $126.3M | −$51.3M |
| Income taxes | −$4.4M | $3.1M | $60.8M | −$35.5M | −$15.0M | $7.3M | $49.5M | −$13.6M | −$92.4M | $2,000 | $1.1M | −$659,000 |
| Net income | −$10.0M | $5.1M | $92.7M | −$101.2M | −$27.2M | $8.0M | $75.9M | −$19.3M | $66.9M | $2.8M | $125.2M | −$50.7M |
| EBITDA | −$195.0M | $31.4M | $177.9M | −$159.2M | −$7.8M | $41.5M | $152.5M | −$5.1M | $7.0M | $31.5M | $150.5M | −$23.5M |
| EPS (diluted) | −$0.13 | $0.23 | $1.97 | −$0.29 | −$0.44 | $0.27 | $1.58 | −$0.40 | $1.42 | $0.23 | $2.60 | −$0.63 |
| Gross margin | 38.6% | 40.4% | 53.8% | 35.3% | 48.8% | 42.7% | 51.6% | 29.6% | 45.9% | 37.8% | 49.6% | 28.5% |
| Operating margin | −17.0% | 10.0% | 35.9% | −63.9% | −16.7% | 15.3% | 34.1% | −13.3% | −4.8% | 7.4% | 34.1% | −23.5% |
| Net margin | −5.1% | 2.1% | 20.2% | −63.9% | −17.6% | 3.3% | 18.6% | −13.9% | 36.0% | 1.2% | 31.1% | −35.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MSGE's financial statements (latest annual report filed August 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MSGE financial results
In fiscal year 2026 (ended June 30, 2026), MSG Entertainment reported revenue of $1.1 billion, up 12.5% from the year before. It had net income of $66.2 million (up 76.8%), a net profit margin of 6.2%. Diluted earnings per share came to $1.78. Over five years revenue grew at an average rate of 66.9% a year.
See the MSGE stock overview for the latest quote and news, or the MSGE chart for price history and technical indicators.
MSGE income statement FAQ
What is MSG Entertainment's annual revenue?
MSG Entertainment reported total revenue of $1.1 billion for fiscal year 2026, which ended on June 30, 2026. That was up 12.5% from $942.7 million the previous year.
Is MSG Entertainment profitable?
Yes. MSG Entertainment reported net income of $66.2 million in fiscal 2026, a net profit margin of 6.2%; its operating margin was 13.3%.
What is MSG Entertainment's gross margin?
MSG Entertainment's gross margin was 45.1% in fiscal 2026: for every $100 of revenue, MSG Entertainment kept $45 after the direct cost of its products and services.
How fast is MSG Entertainment growing?
Revenue grew 66.9% a year on average over the last five fiscal years, from $81.8 million to $1.1 billion.
What are MSG Entertainment's earnings per share?
MSG Entertainment earned $1.78 per diluted share in fiscal 2026, compared with $1.01 a year earlier.
When will MSG Entertainment report its next earnings?
MSG Entertainment is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does MSG Entertainment's fiscal year end?
MSG Entertainment's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 12, 2026.