For Q3 FY2026 ended March 31, 2026, Madison Square Garden Sports Corp. reported revenue of $432.2 million, up 1.9% year-over-year. Net loss was $19.98 million, widening 40.5% from the prior year, and operating income fell 93.9% to $1.96 million. Diluted EPS was -$0.83, compared to -$0.59 a year ago. The company had $107.0 million in cash, $242.0 million in long-term debt, and negative equity of $295.5 million.
•Revenue increased 1.9% YoY to $432.2 million.
•Net loss widened 40.5% to $19.98 million.
•Operating income dropped 93.9% to $1.96 million.
•Diluted EPS was -$0.83, down 40.7% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Madison Square Garden Sports is a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.
It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.
What does Madison Square Garden Sports Corp. (MSGS) do?
Madison Square Garden Sports Corp. is a professional sports company that owns and operates a portfolio of sports franchises. Its primary assets include the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League (NHL). Additionally, the company owns development league teams: the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. It also operates the Madison Square Garden Training Center, a state-of-the-art performance center for its teams located in Greenburgh, New York. The company focuses on managing these franchises and related operations to generate revenue through ticket sales, merchandise, media rights, and sponsorships.
On which stock exchange is MSGS listed and what is its trading currency?
Madison Square Garden Sports Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MSGS. The company's shares are traded in US Dollars (USD), reflecting its primary operations and headquarters in the United States. As a US-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors trading on US markets.
What sector and industry does Madison Square Garden Sports Corp. belong to?
Madison Square Garden Sports Corp. operates in the Communication Services sector and is classified under the Entertainment industry. This classification reflects the company's focus on professional sports as a form of entertainment. By owning and managing major sports franchises like the New York Knicks and New York Rangers, the company provides live sports events and related content, which falls under the broader entertainment umbrella. The Communication Services sector includes companies that create and distribute content, and MSGS fits this description through its sports programming and media partnerships.
Where is Madison Square Garden Sports Corp. headquartered and what markets does it serve?
Madison Square Garden Sports Corp. is headquartered in New York, New York, United States. The company primarily serves the US market, with a strong focus on the New York metropolitan area, where its flagship teams, the New York Knicks and New York Rangers, are based. Through its development league teams, the Hartford Wolf Pack (Connecticut) and Westchester Knicks (New York), it also reaches regional audiences. The company's training center in Greenburgh, New York, supports its teams' operations. While its core market is the US, its teams' national and international fan bases contribute to its broader reach through media rights and merchandise sales.
How does Madison Square Garden Sports Corp. generate revenue and what are its notable assets?
Madison Square Garden Sports Corp. generates revenue primarily through its ownership and operation of professional sports franchises. Its most notable assets are the New York Knicks (NBA) and New York Rangers (NHL), which contribute significant income from ticket sales, luxury suites, concessions, and merchandise. The company also earns from media rights deals, sponsorships, and advertising. Additionally, its development league teams—the Hartford Wolf Pack (AHL) and Westchester Knicks (NBA G League)—provide player development and additional revenue streams. The Madison Square Garden Training Center in Greenburgh, New York, serves as a performance hub for its teams, enhancing player development and operational efficiency. The company's business model revolves around maximizing the value of its sports franchises through live events, media exposure, and fan engagement.