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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›MSGE›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Madison Square Garden Entertainment Corp. (MSGE) financials

Income statement

Madison Square Garden Entertainment Corp. (MSGE) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$57.5M$582M$780M$886M$863M
Revenue growth—912.5%34.0%13.6%-2.6%
Operating income-$237M-$5.65M$105M$112M$122M
Operating margin-412.8%-1.0%13.5%12.6%14.2%
Net income-$219M-$133M$76.6M$144M$37.4M
Net margin-380.3%-22.9%9.8%16.3%4.3%
EPS (diluted)-$4.22-$2.58$1.47$2.97$0.77

Cash flow

Madison Square Garden Entertainment Corp. (MSGE) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow-$148M$95.4M$136M$111M$115M
Share buybacks$0.00$0.00$25.0M$50.9M$39.7M

Balance sheet

Madison Square Garden Entertainment Corp. (MSGE) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$318M$58.1M$76.1M$33.3M$43.0M
Total assets—$1.53B$1.40B$1.55B$1.67B
Total liabilities—$1.53B$1.47B$1.58B$1.68B
Long-term debt—$655M$630M$599M$569M
Shareholders' equity$499M-$1.59M-$69.5M-$23.2M-$13.3M
Retained earnings—$0.00-$28.7M$116M$153M
Shares (wtd avg diluted)51.8M51.8M52.3M48.6M48.3M

Every figure is extracted from Madison Square Garden Entertainment Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Madison Square Garden Entertainment Corp.'s annual revenue?
Madison Square Garden Entertainment Corp. (MSGE) reported $863M of revenue for fiscal year 2025 — down 2.6% from $886M in FY2024, per its annual report filed with the SEC.
Is Madison Square Garden Entertainment Corp. profitable?
Yes — MSGE earned $37.4M of net income in FY2025, a 4.3% net margin, per SEC filings.
Does MSGE pay a dividend?
Madison Square Garden Entertainment Corp. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full MSGE analysis — verdict, score & filings →Is MSGE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.