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

- Company: MADISON SQUARE GARDEN ENTERTAINMENT CORP. (MSGE)
- Period: 2025-07-01 to 2026-06-30
- Filing: FY2026 10-K, filed 2026-08-12, accession number 0001628280-26-056286
- Page: https://plicit.ai/financials/msge/fy2026-annual-income-statement
- Chart image: https://plicit.ai/charts/msge-fy2026-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Product and Service (2)

- Page: https://plicit.ai/financials/msge/fy2026-annual-income-statement/revenue-by-product-and-service-2
- Chart image: https://plicit.ai/charts/msge-fy2026-annual-revenue-by-product-and-service-2-sankey.png

Income statement for 2025-07-01 through 2026-06-30. View: Product and service (Lease Income). 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
- **Arena License Agreements**: 68,068,000 US dollars
- **Third party and related party lease and sublease arrangements**: 18,178,000 US dollars
- **Arena license fees and other leasing revenue**: 86,246,000 US dollars
- **Undisclosed (calculated)**: 888,292,000 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.

## Chart details: Revenue by Product and Service (3)

- Page: https://plicit.ai/financials/msge/fy2026-annual-income-statement/revenue-by-product-and-service-3
- Chart image: https://plicit.ai/charts/msge-fy2026-annual-revenue-by-product-and-service-3-sankey.png

Income statement for 2025-07-01 through 2026-06-30. View: Product and service. 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
- **Revenues from entertainment offerings**: 810,128,000 US dollars
- **Food, beverage, and merchandise direct operating expenses**: 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.