MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-07-01 to 2026-06-30

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MADISON SQUARE GARDEN SPORTS CORP. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $7,759,000.00Accrued and other liabilities → Operating adjustments reconciliation: $57,879,000.00Operating lease right-of-use assets and lease liabilities → Operating adjustments reconciliation: $28,021,000.00Share-based compensation expense → Operating adjustments reconciliation: $21,524,000.00Accounts payable → Operating adjustments reconciliation: $9,090,000.00Other non-cash adjustments → Operating adjustments reconciliation: $6,684,000.00Deferred income taxes → Operating adjustments reconciliation: $6,054,000.00Depreciation and amortization → Operating adjustments reconciliation: $3,179,000.00Deferred revenue → Operating adjustments reconciliation: $1,130,000.00Net related party payables → Operating adjustments reconciliation: $168,000.00Operating adjustments reconciliation → Net cash from operating activities: $54,904,000.00Operating adjustments reconciliation → Net related party receivables: $32,521,000.00Operating adjustments reconciliation → Accounts receivable: $26,329,000.00Operating adjustments reconciliation → Unrealized (gain) loss on equity investments with readily determinable fair value and warrants: $9,340,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $8,103,000.00Operating adjustments reconciliation → Investments: $2,532,000.00Distribution from equity method investee → investing reconciliation: $1,602,000.00Net cash used in investing activities → investing reconciliation: $2,206,000.00investing reconciliation → Purchases of investments: $2,401,000.00investing reconciliation → Capital expenditures: $1,407,000.00Net cash used in financing activities → financing reconciliation: $49,134,000.00financing reconciliation → Repayment of revolving credit facility: $25,000,000.00financing reconciliation → Taxes paid in lieu of shares issued for equity-based compensation: $11,097,000.00financing reconciliation → Repayment of NHL advance: $7,500,000.00financing reconciliation → Payments for financing costs: $5,065,000.00financing reconciliation → Dividends paid: $472,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $153,188,000.00Net cash from operating activities → Cash sources and uses: $62,663,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $164,511,000.00Cash sources and uses → Net cash used in investing activities: $2,206,000.00Cash sources and uses → Net cash used in financing activities: $49,134,000.00Depreciation and amortization: $3,179,000.00Depreciation & amortization+$3.18 MDeferred income taxes: $6,054,000.00Deferred taxes & credits+$6.05 MShare-based compensation expense: $21,524,000.00Stock-based compensation+$21.52 MUnrealized (gain) loss on equity investments with readily determinable fair value and warrants: -$9,340,000.00Investment value change−$9.34 MOther non-cash adjustments: $6,684,000.00Other operating, net+$6.68 MAccounts receivable: -$26,329,000.00Accounts receivable−$26.33 MNet related party receivables: -$32,521,000.00Affiliate receivables, net−$32.52 MPrepaid expenses and other assets: -$8,103,000.00Prepaid & other assets−$8.10 MInvestments: -$2,532,000.00Investments−$2.53 MAccounts payable: $9,090,000.00Trade payables+$9.09 MNet related party payables: $168,000.00Related party payables+$168.00 KAccrued and other liabilities: $57,879,000.00Accrued & other liabilities+$57.88 MDeferred revenue: $1,130,000.00Unearned revenue+$1.13 MOperating lease right-of-use assets and lease liabilities: $28,021,000.00Lease right-of-use & liabilities+$28.02 MNet income (loss): $7,759,000.00Net income (loss)+$7.76 MNet cash from operating activities: $62,663,000.00Operating cash+$62.66 MOperating adjustments reconciliation: $133,729,000.00Taxes paid in lieu of shares issued for equity-based compensation: -$11,097,000.00Stock-award tax withholding−$11.10 MDividends paid: -$472,000.00Dividends paid−$472.00 KProceeds from revolving credit facilities: $0.00Repayment of revolving credit facility: -$25,000,000.00Credit line repayments−$25.00 MRepayment of NHL advance: -$7,500,000.00Other short-term debt repaid−$7.50 MPayments for financing costs: -$5,065,000.00Financing costs paid−$5.07 MNet cash used in financing activities: -$49,134,000.00. Cash required to fund net payments.Financing cash−$49.13 Mfinancing reconciliation: $49,134,000.00Capital expenditures: -$1,407,000.00PP&E purchases−$1.41 MPurchases of investments: -$2,401,000.00Investment purchases−$2.40 MDistribution from equity method investee: $1,602,000.00Equity-method return of capital+$1.60 MOther investing activities: $0.00Net cash used in investing activities: -$2,206,000.00. Cash required to fund net payments.Investing cash−$2.21 Minvesting reconciliation: $3,808,000.00Cash sources and uses: $215,851,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $153,188,000.00Beginning cash$153.19 MEnding cash: Cash, cash equivalents, and restricted cash: $164,511,000.00Ending cash$164.51 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$61.26 MOperating cash − cash spent on PP&ECash flow / Net income8.08×Operating cash flow ÷ net incomeNet cash change+$11.32 MEnding cash − beginning cash
Chart details

MADISON SQUARE GARDEN SPORTS CORP. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026

Cash flows for Jul 1, 2025 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2025
153,188,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
62,663,000 US dollars. Net cash provided.
Net income (loss)
7,759,000 US dollars
Depreciation and amortization
3,179,000 US dollars
Deferred income taxes
6,054,000 US dollars
Share-based compensation expense
21,524,000 US dollars
Unrealized (gain) loss on equity investments with readily determinable fair value and warrants
negative 9,340,000 US dollars
Other non-cash adjustments
6,684,000 US dollars
Accounts receivable
negative 26,329,000 US dollars
Net related party receivables
negative 32,521,000 US dollars
Prepaid expenses and other assets
negative 8,103,000 US dollars
Investments
negative 2,532,000 US dollars
Accounts payable
9,090,000 US dollars
Net related party payables
168,000 US dollars
Accrued and other liabilities
57,879,000 US dollars
Deferred revenue
1,130,000 US dollars
Operating lease right-of-use assets and lease liabilities
28,021,000 US dollars
Investing activities
negative 2,206,000 US dollars. Net cash used.
Capital expenditures
negative 1,407,000 US dollars
Purchases of investments
negative 2,401,000 US dollars
Distribution from equity method investee
1,602,000 US dollars
Other investing activities
0 US dollars
Financing activities
negative 49,134,000 US dollars. Net cash used.
Taxes paid in lieu of shares issued for equity-based compensation
negative 11,097,000 US dollars
Dividends paid
negative 472,000 US dollars
Proceeds from revolving credit facilities
0 US dollars
Repayment of revolving credit facility
negative 25,000,000 US dollars
Repayment of NHL advance
negative 7,500,000 US dollars
Payments for financing costs
negative 5,065,000 US dollars
Operating adjustment reconciliation
133,729,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
49,134,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
3,808,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
164,511,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
215,851,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
11,323,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
8.08×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
62,663,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,407,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
61,256,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $54.90M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 62,663,000 US dollars minus 1,407,000 US dollars equals 61,256,000 US dollars.
MADISON SQUARE GARDEN SPORTS CORP. (MSGS) FY2026 Annual Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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