Madison Square Garden Entertainment Corp. (MSGE) — Financial statements
Income statement, balance sheet, and cash flow for Madison Square Garden Entertainment Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 943↓1.7% | 959↑12.7% | 851↑30.3% | 653↑698.8% | 82 | |
| Cost of Revenue | 536↓2.1% | 547↑9.4% | 500↑26.6% | 395↑420.5% | 76 | |
| Gross Profit | 407↓1.2% | 412↑17.3% | 352↑35.9% | 259↑4239.8% | 6 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 221↑29.0% | 171↓5.2% | 181↑15.2% | 157 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 11↑24.9% | 9↑10.5% | 8↑2872.1% | 0.27 | |
| SG&A Expenses | 215↓7.4% | 232↑28.8% | 180↓4.5% | 189↑20.1% | 157 | |
| Other Expenses | 58↓15.2% | 68↑2.6% | 66↓12.2% | 76↓12.2% | 86 | |
| Operating Expenses | 273↓9.2% | 300↑21.8% | 247↓6.7% | 264↑8.7% | 243 | |
| Total Costs & Expenses | 808↓4.6% | 847↑13.5% | 746↑13.3% | 659↑106.6% | 319 | |
| Operating Results | ||||||
| Operating Income | 134↑20.0% | 112↑6.6% | 105↑1959.2% | -6↑97.6% | -237 | |
| Depreciation & Amortization | 58↑7.2% | 54↓26.5% | 73↑5.4% | 70↓2.9% | 72 | |
| EBITDA | 174↓3.4% | 180↓11.3% | 203↑190.3% | 70↑146.2% | -151 | |
| EBIT | 116↓8.0% | 126↓2.7% | 130↑35033.1% | 0.37↑100.2% | -223 | |
| Interest & Other Income | ||||||
| Net Interest Income | -48↑12.4% | -55↓23.2% | -45↑2.9% | -46↓68.4% | -27 | |
| Interest Income | 2↓21.8% | 3↓58.9% | 7↑1.3% | 7↑11.0% | 6 | |
| Interest Expense | 51↓12.9% | 58↑11.7% | 52↓2.3% | 53↑57.4% | 34 | |
| Non-Operating Income | 18↑228.7% | -14↑42.3% | -25↓309.4% | -6↑58.3% | -14 | |
| Other Income / Expenses | -69↓15.3% | -60↓119.0% | -27↑79.1% | -131↓659.9% | 23 | |
| Income Before Tax | 66↑25.4% | 52↓32.8% | 78↑157.1% | -136↑36.3% | -214 | |
| Income Tax Expense | 28↑130.6% | -92↓5424.6% | 2↑2568.6% | -0.07↓101.3% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 37↓74.1% | 144↑89.8% | 76↑155.8% | -136↑37.9% | -219 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 37↓74.1% | 144↑88.4% | 77↑157.4% | -133↑39.0% | -219 | |
| Bottom-Line Net Income | 37↓74.1% | 144↑88.4% | 77↑157.4% | -133↑39.0% | -219 | |
| EPS (Basic) | 0.78↓73.9% | 2.99↑102.0% | 1.48↑156.7% | -2.61↑71.2% | -9.07 | |
| EPS (Diluted) | 0.77↓74.1% | 2.97↑102.0% | 1.47↑156.3% | -2.61↑71.2% | -9.07 | |
| Weighted Average Shares | 48↓0.5% | 48↓5.4% | 51↑13.7% | 45↑85.8% | 24 | |
| Weighted Average Diluted Shares | 48↓0.5% | 49↓4.8% | 51↑13.7% | 45↑85.8% | 24 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.