Madison Square Garden Sports Corp. (MSGS) — Financial statements
Income statement, balance sheet, and cash flow for Madison Square Garden Sports Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,039↑1.2% | 1,027↑15.7% | 887↑8.0% | 821↑97.6% | 416 | |
| Cost of Revenue | 758↑22.4% | 620↑12.2% | 552↑9.3% | 506↑75.9% | 287 | |
| Gross Profit | 281↓31.1% | 407↑21.6% | 335↑6.1% | 316↑146.2% | 128 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 266↑1.8% | 261↑4.6% | 250↑8.8% | 230↑11.2% | 207 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 266↑1.8% | 261↑4.6% | 250↑8.8% | 230↑11.2% | 207 | |
| Total Costs & Expenses | 1,024↑16.3% | 881↑9.8% | 802↑9.1% | 735↑48.8% | 494 | |
| Operating Results | ||||||
| Operating Income | 15↓89.9% | 146↑71.5% | 85↓1.1% | 86↑209.9% | -78 | |
| Depreciation & Amortization | 3↑1.7% | 3↓11.5% | 4↓29.1% | 5↓9.5% | 6 | |
| EBITDA | 8↓94.4% | 136↑17.2% | 116↑28.3% | 91↑223.9% | -73 | |
| EBIT | 4↓96.7% | 133↑18.1% | 113↑31.7% | 86↑208.8% | -79 | |
| Interest & Other Income | ||||||
| Net Interest Income | -18↑29.0% | -25↓21.0% | -20↓79.4% | -11↓8.5% | -11 | |
| Interest Income | 4↑44.7% | 3↑16.5% | 2↑664.2% | 0.31↑878.1% | 0.03 | |
| Interest Expense | 22↓21.5% | 28↑20.6% | 23↑95.0% | 12↑11.1% | 11 | |
| Non-Operating Income | 10↓18.4% | 13↑146.3% | -28↓6790.3% | 0.41↓8.2% | 0.45 | |
| Other Income / Expenses | -32↑20.5% | -40↓950.4% | 5↑139.1% | -12↓10.3% | -11 | |
| Income Before Tax | -17↓116.3% | 106↑17.5% | 90↑21.6% | 74↑182.8% | -89 | |
| Income Tax Expense | 5↓89.0% | 47↑5.9% | 44↑76.8% | 25↑134.1% | -73 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -22↓138.2% | 59↑28.8% | 46↓6.7% | 49↑407.5% | -16 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -22↓138.2% | 59↑23.0% | 48↓6.5% | 51↑466.4% | -14 | |
| Bottom-Line Net Income | -22↓138.2% | 59↑28.5% | 46↓10.5% | 51↑466.4% | -14 | |
| EPS (Basic) | -0.93↓138.0% | 2.45↑28.9% | 1.90↓10.0% | 2.11↑463.8% | -0.58 | |
| EPS (Diluted) | -0.93↓138.1% | 2.44↑29.1% | 1.89↓10.0% | 2.10↑462.1% | -0.58 | |
| Weighted Average Shares | 24↑0.3% | 24↓0.3% | 24↓0.6% | 24↑0.5% | 24 | |
| Weighted Average Diluted Shares | 24↓0.0% | 24↓0.4% | 24↓0.9% | 24↑1.1% | 24 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.