MSGS
Madison Square Garden Sports Corp
NYSE: MSGS · COMMUNICATION SERVICES · ENTERTAINMENT
$329.93
-0.97% today
Updated 2026-04-29
Market cap
$7.94B
P/E ratio
—
P/S ratio
7.41x
EPS (TTM)
$-0.69
Dividend yield
—
52W range
$185 – $345
Volume
0.3M
Madison Square Garden Sports Corp (MSGS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $728.87M | $722.94M | $913.62M | $1.07B | $1.12B | $1.32B | $1.56B | $729.40M | $603.32M | $415.72M | $821.35M | $887.45M | $1.03B | $1.04B |
| Revenue growth (YoY) | — | -0.8% | +26.4% | +17.3% | +4.1% | +18.2% | +18.3% | -53.2% | -17.3% | -31.1% | +97.6% | +8.0% | +15.7% | +1.2% |
| Cost of revenue | $530.31M | $605.83M | $806.53M | $833.64M | $840.34M | $968.77M | $1.07B | $460.16M | $377.51M | $287.46M | $505.61M | $552.39M | $619.68M | $758.34M |
| Gross profit | $198.56M | $117.11M | $107.08M | $237.91M | $274.97M | $349.68M | $492.33M | $269.25M | $225.81M | $128.26M | $315.75M | $335.06M | $407.47M | $280.88M |
| Gross margin | 27.2% | 16.2% | 11.7% | 22.2% | 24.7% | 26.5% | 31.6% | 36.9% | 37.4% | 30.9% | 38.4% | 37.8% | 39.7% | 27.0% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | $238.32M | $333.60M | $410.04M | $472.31M | $524.29M | $316.61M | $241.79M | $293.56M | $311.28M | $321.18M | $328.30M |
| Operating income | $-36.14M | $-59.03M | $-114.03M | $-406000.00 | $-51.73M | $-53.20M | $23.06M | $-58.20M | $-92.26M | $-78.31M | $86.08M | $85.17M | $146.04M | $14.81M |
| Operating margin | -5.0% | -8.2% | -12.5% | -0.0% | -4.6% | -4.0% | 1.5% | -8.0% | -15.3% | -18.8% | 10.5% | 9.6% | 14.2% | 1.4% |
| EBITDA | $34.26M | $15.41M | $-23.53M | $68.51M | $25.49M | $30.38M | $155.48M | $-35.59M | $-76.05M | $-73.18M | $90.71M | $116.38M | $136.42M | $7.60M |
| EBITDA margin | 4.7% | 2.1% | -2.6% | 6.4% | 2.3% | 2.3% | 10.0% | -4.9% | -12.6% | -17.6% | 11.0% | 13.1% | 13.3% | 0.7% |
| EBIT | $-28.68M | $-57.14M | $-115.24M | $-40.25M | $-76.99M | $-77.00M | $32.99M | $-55.67M | $-93.59M | $-78.76M | $85.67M | $112.81M | $133.26M | $4.38M |
| Interest expense | $1.25M | $2.20M | $1.53M | $2.50M | $2.03M | $4.19M | $3.49M | $4.97M | $4.46M | $10.56M | $11.73M | $22.88M | $27.59M | $21.65M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-36.28M | $-58.27M | $-116.93M | $-40.68M | $-77.29M | $-72.72M | $141.59M | $11.43M | $-182.39M | $-13.95M | $51.13M | $47.79M | $58.77M | $-22.44M |
| Net income growth (YoY) | — | -60.6% | -100.7% | +65.2% | -90.0% | +5.9% | +294.7% | -91.9% | -1696.1% | +92.3% | +466.4% | -6.5% | +23.0% | -138.2% |
| Profit margin | -5.0% | -8.1% | -12.8% | -3.8% | -6.9% | -5.5% | 9.1% | 1.6% | -30.2% | -3.4% | 6.2% | 5.4% | 5.7% | -2.2% |