Madison Square Garden Sports Corp. (MSGS)

Madison Square Garden Sports Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	1,039	1,027	887.45	821.35	415.72
Revenue Growth (YoY)	1.18%	15.74%	8.05%	97.57%	-31.09%
Cost of Revenue	687.5	548.9	480.39	432.09	244.76
Gross Profit	351.72	478.25	407.05	389.26	170.96
Selling, General & Admin	334.03	329.36	318.56	298.41	244.08
Operating Expenses	337.25	332.53	322.14	303.45	249.65
Operating Income	14.48	145.73	84.92	85.82	-78.69
Interest Expense	-21.65	-27.59	-22.88	-11.74	-10.56
Interest & Investment Income	4.03	2.79	2.39	0.31	0.03
Other Non Operating Income (Expenses)	-6.87	-6.6	9.84	-	-0.05
EBT Excluding Unusual Items	-10.01	114.33	74.27	74.39	-89.27
Gain (Loss) on Sale of Investments	-6.82	-8.63	16.72	-0.46	-
Gain (Loss) on Sale of Assets	-	-	-1.03	-	-
Other Unusual Items	-0.44	-0.03	-0.03	-	-0.05
Pretax Income	-17.27	105.67	89.92	73.93	-89.32
Income Tax Expense	5.17	46.9	44.29	25.05	-73.42
Earnings From Continuing Operations	-22.44	58.77	45.63	48.88	-15.9
Net Income to Company	-22.44	58.77	45.63	48.88	-15.9
Minority Interest in Earnings	-	-	2.17	2.25	1.94
Net Income	-22.44	58.77	47.79	51.13	-13.95
Preferred Dividends & Other Adjustments	0.02	-	2.04	-	-
Net Income to Common	-22.46	58.77	45.75	51.13	-13.95
Net Income Growth	-	22.97%	-6.53%	-	-
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
Shares Change (YoY)	-0.03%	-0.40%	-0.86%	1.14%	0.78%
EPS (Basic)	-0.93	2.45	1.90	2.11	-0.58
EPS (Diluted)	-0.93	2.44	1.89	2.10	-0.58
EPS Growth	-	29.10%	-10.00%	-	-
Free Cash Flow	87.99	90.68	151.29	177.12	-35.79
Free Cash Flow Per Share	3.65	3.76	6.25	7.26	-1.48
Gross Margin	33.84%	46.56%	45.87%	47.39%	41.12%
Operating Margin	1.39%	14.19%	9.57%	10.45%	-18.93%
Profit Margin	-2.16%	5.72%	5.16%	6.22%	-3.36%
Free Cash Flow Margin	8.47%	8.83%	17.05%	21.57%	-8.61%
EBITDA	17.69	148.89	88.49	90.86	-73.12
EBITDA Margin	1.70%	14.50%	9.97%	11.06%	-17.59%
D&A For EBITDA	3.22	3.16	3.58	5.04	5.57
EBIT	14.48	145.73	84.92	85.82	-78.69
EBIT Margin	1.39%	14.19%	9.57%	10.45%	-18.93%
Effective Tax Rate	-	44.38%	49.26%	33.88%	-
Advertising Expenses	5.73	8.18	7.28	4.84	2.29

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q