MADISON SQUARE GARDEN ENTERTAINMENT CORP. (MSGE) FY2026 Annual P&L / Income Statement

MADISON SQUARE GARDEN ENTERTAINMENT CORP. (MSGE) FY2026 Annual P&L / Income Statement

Income statement for 2025-07-01 through 2026-06-30. View: Product and service (Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

1,060,784,000 US dollars

Cost of revenue (calculated)

582,299,000 US dollars

Gross profit (calculated)

478,485,000 US dollars

Operating expenses (calculated)

336,949,000 US dollars

Operating income

141,536,000 US dollars

Other income (expense), net (calculated)

negative 34,560,000 US dollars

Income from operations before income taxes

106,976,000 US dollars

Income tax (expense) benefit

40,790,000 US dollars

Net income

66,186,000 US dollars

Ticketing and venue license fee revenues

528,350,000 US dollars

Sponsorship and signage, suite, and advertising commission revenues

275,492,000 US dollars

Other

6,286,000 US dollars

Food, beverage, and merchandise revenues

164,410,000 US dollars

Arena license fees and other leasing revenue

86,246,000 US dollars

Total direct operating expenses

582,299,000 US dollars

Selling, general and administrative expenses

253,112,000 US dollars

Depreciation and amortization

56,069,000 US dollars

Impairment of long-lived assets

13,782,000 US dollars

Restructuring charges

13,986,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.