MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual P&L / Income Statement

Revenue by Product and Service

2025-07-01 to 2026-06-30

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MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual P&L / Income StatementIncome statement for 2025-07-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETEvent-relatedMedia rightsSponsorship, signage and suite licensesLeague distributions and otherRevenuesGross profit (calculated)Cost of revenue (calculated)Direct operating expensesOperating incomeOperating expenses (calculated)Selling, general and administrative expensesDepreciation and amortizationRestructuring chargesIncome (loss) before income taxesOther income (expense)Net income (loss)Income tax expenseGross profit (calculated)Gross profit(calculated)$320.12 MIncome (loss) before income taxesIncome (loss)before income taxes$17.98 MRevenuesRevenues$1.15 BOperating incomeOperating income$28.87 MNet income (loss)Net income (loss)$7.76 MOperating expenses (calculated)Operating expenses(calculated)$291.25 MEvent-relatedEvent-related$536.55 MIncome tax expenseIncome tax expense$10.22 MSelling, general and administrative expensesSelling, general andadministrative expenses$286.00 MOther income (expense)Other income(expense)−$10.89 MCost of revenue (calculated)Cost of revenue(calculated)$833.70 MMedia rightsMedia rights$295.74 MDepreciation and amortizationDepreciation and amortization$3.18 MRestructuring chargesRestructuring charges$2.08 MSponsorship, signage and suite licensesSponsorship, signageand suite licenses$255.35 MDirect operating expensesDirect operatingexpenses$833.70 MLeague distributions and otherLeague distributions and other$66.19 M
Chart details

MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual P&L / Income Statement

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
1,153,822,000 US dollars
Cost of revenue (calculated)
833,702,000 US dollars
Gross profit (calculated)
320,120,000 US dollars
Operating expenses (calculated)
291,252,000 US dollars
Operating income
28,868,000 US dollars
Other income (expense)
negative 10,885,000 US dollars
Income (loss) before income taxes
17,983,000 US dollars
Income tax expense
10,224,000 US dollars
Net income (loss)
7,759,000 US dollars
Event-related
536,546,000 US dollars
Media rights
295,740,000 US dollars
Sponsorship, signage and suite licenses
255,349,000 US dollars
League distributions and other
66,187,000 US dollars
Direct operating expenses
833,702,000 US dollars
Selling, general and administrative expenses
285,995,000 US dollars
Depreciation and amortization
3,179,000 US dollars
Restructuring charges
2,078,000 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.
MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

27.7%

Gross profit / revenue

Operating margin

2.5%

Operating profit / revenue

Cash conversion

807.6%

Operating cash / net income, same period

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