Madison Square Garden Sports Corp (MSGS)

Name: Madison Square Garden Sports Corp Financial Statements
Creator: Quarter Results

Communication Services | Entertainment

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$403M

Net Income

$8.2M

Operating Margin

5.5%

Free Cash Flow

$88.0M

Debt / Assets

117.8%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Madison Square Garden Sports Corp (MSGS).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	403,424,000	39,454,000	424,197,000	357,759,000
Cost of Revenue	311,389,000	9,090,000	284,746,000	275,753,000
Gross Profit	92,035,000	30,364,000	139,451,000	82,006,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	69,065,000	57,789,000	74,697,000	67,900,000
Operating Expenses	69,065,000	57,789,000	316,335,000	68,691,000
Operating Income	22,180,000	-27,425,000	32,342,000	13,315,000
Interest Expense	6,210,000	5,591,000	-28,304,000	5,587,000
Income Before Tax	14,960,000	-17,353,000	22,630,000	1,809,000
Income Tax Expense	6,717,000	-8,555,000	-36,857,000	698,000
Net Income	8,243,000	-8,798,000	46,787,000	1,111,000
Per Share
EPS	0.34	-0.37	-0.60	0.05
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Madison Square Garden Sports Corp (MSGS).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	1,039,220,000	1,027,149,000	887,447,000	821,354,000	415,721,000
Cost of Revenue	758,336,000	616,514,000	548,811,000	500,564,000	281,890,000
Gross Profit	280,884,000	410,635,000	338,636,000	320,790,000	133,831,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	266,076,000	261,433,000	249,885,000	229,668,000	206,700,000
Operating Expenses	266,076,000	264,597,000	253,462,000	234,710,000	212,274,000
Operating Income	14,808,000	146,038,000	85,174,000	86,080,000	-78,443,000
Interest Expense	21,652,000	27,589,000	22,884,000	11,735,000	10,561,000
Income Before Tax	-17,272,000	105,668,000	89,921,000	73,932,000	-89,318,000
Income Tax Expense	5,166,000	46,897,000	44,293,000	25,052,000	-73,421,000
Net Income	-22,438,000	58,771,000	47,793,000	51,131,000	-13,954,000
Per Share
EPS	-0.93	2.45	1.90	2.11	-0.58
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Madison Square Garden Sports Corp (MSGS).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	153,188,000	89,136,000	40,398,000	91,018,000
Short Term Investments	0	0	0	0
Net Receivables	43,532,000	80,090,000	56,108,000	75,573,000
Inventory	0	0	24,829,000	18,810,000
Total Current Assets	249,950,000	216,942,000	149,233,000	205,269,000
Property Plant Equipment	789,418,000	723,107,000	745,784,000	719,674,000
Goodwill and Intangibles	330,167,000	330,167,000	330,167,000	339,735,000
Total Assets	1,580,768,000	1,346,292,000	1,315,017,000	1,301,966,000
Liabilities
Account Payables	14,143,000	9,900,000	9,093,000	11,263,000
Short Term Debt	76,618,000	80,267,000	79,745,000	73,699,000
Total Current Liabilities	563,523,000	521,982,000	520,528,000	438,299,000
Long Term Debt	1,108,050,000	1,024,952,000	1,041,437,000	919,587,000
Total Liabilities	1,862,207,000	1,612,602,000	1,652,251,000	1,447,343,000
Shareholders Equity
Retained Earnings	-137,596,000	-115,139,000	-173,910,000	-35,699,000
Total Shareholders Equity	-281,439,000	-266,310,000	-337,234,000	-147,089,000

Balance sheet annual history for Madison Square Garden Sports Corp (MSGS).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	153,188,000	89,136,000	40,398,000	91,018,000	64,902,000
Short Term Investments	0	0	0	0	0
Net Receivables	43,532,000	80,090,000	56,108,000	75,573,000	80,617,000
Inventory	0	0	24,829,000	18,810,000	0
Total Current Assets	249,950,000	216,942,000	149,233,000	205,269,000	185,246,000
Property Plant Equipment	789,418,000	723,107,000	745,784,000	719,674,000	739,237,000
Goodwill and Intangibles	330,167,000	330,167,000	330,167,000	339,735,000	340,794,000
Total Assets	1,580,768,000	1,346,292,000	1,315,017,000	1,301,966,000	1,309,939,000
Liabilities
Account Payables	14,143,000	9,900,000	9,093,000	11,263,000	2,226,000
Short Term Debt	76,618,000	80,267,000	79,745,000	73,699,000	71,951,000
Total Current Liabilities	563,523,000	521,982,000	520,528,000	438,299,000	368,278,000
Long Term Debt	1,108,050,000	1,024,952,000	1,041,437,000	919,587,000	1,046,152,000
Total Liabilities	1,862,207,000	1,612,602,000	1,652,251,000	1,447,343,000	1,511,805,000
Shareholders Equity
Retained Earnings	-137,596,000	-115,139,000	-173,910,000	-35,699,000	-78,898,000
Total Shareholders Equity	-281,439,000	-266,310,000	-337,234,000	-147,089,000	-204,308,000

Cash flow quarterly history for Madison Square Garden Sports Corp (MSGS).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	-22,438,000	58,771,000	45,628,000	48,880,000
Depreciation & Amortization	3,218,000	3,164,000	3,577,000	5,042,000
Stock Based Compensation	17,935,000	21,291,000	25,203,000	24,245,000
Change in Working Capital	127,587,000	-1,815,000	86,274,000	73,576,000
Operating Cash Flow	91,607,000	92,131,000	152,473,000	178,056,000
Investing Activities
Capital Expenditure	-3,621,000	-1,451,000	-1,181,000	-932,000
Investments	-3,621,000	-1,451,000	-1,181,000	-932,000
Investing Cash Flow	-6,920,000	-8,898,000	-17,759,000	-2,932,000
Financing Activities
Debt Repayment	-14,000,000	-20,000,000	-140,000,000	-135,000,000
Common Stock Issued/Repurchased	-11,773,000	-8,084,000	139,940,000	-18,306,000
Dividends Paid	-633,000	-701,000	-170,923,000	0
Financing Cash Flow	-26,406,000	-28,785,000	-185,273,000	-156,142,000
Summary
Free Cash Flow	87,986,000	90,680,000	151,292,000	177,124,000
Net Change in Cash	58,281,000	54,448,000	-50,559,000	18,982,000

Cash flow annual history for Madison Square Garden Sports Corp (MSGS).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	-22,438,000	58,771,000	45,628,000	48,880,000	-15,897,000
Depreciation & Amortization	3,218,000	3,164,000	3,577,000	5,042,000	5,574,000
Stock Based Compensation	17,935,000	21,291,000	25,203,000	24,245,000	30,437,000
Change in Working Capital	127,587,000	-1,815,000	86,274,000	73,576,000	17,315,000
Operating Cash Flow	91,607,000	92,131,000	152,473,000	178,056,000	-35,326,000
Investing Activities
Capital Expenditure	-3,621,000	-1,451,000	-1,181,000	-932,000	-466,000
Investments	-3,621,000	-1,451,000	-1,181,000	-932,000	0
Investing Cash Flow	-6,920,000	-8,898,000	-17,759,000	-2,932,000	-466,000
Financing Activities
Debt Repayment	-14,000,000	-20,000,000	-140,000,000	-135,000,000	-25,000,000
Common Stock Issued/Repurchased	-11,773,000	-8,084,000	139,940,000	-18,306,000	808,000
Dividends Paid	-633,000	-701,000	-170,923,000	0	0
Financing Cash Flow	-26,406,000	-28,785,000	-185,273,000	-156,142,000	17,155,000
Summary
Free Cash Flow	87,986,000	90,680,000	151,292,000	177,124,000	-35,792,000
Net Change in Cash	58,281,000	54,448,000	-50,559,000	18,982,000	-18,637,000