Quarterly ResultAug 13, 2026, 07:42 AM
Madison Square Garden Sports Q4 Revenue $278.7M, FY $1.15B
AI Summary
Madison Square Garden Sports Corp. reported strong financial results for its fiscal fourth quarter and full-year ended June 30, 2026. Full-year revenues rose 11% to $1,153.8 million, with operating income increasing 95% to $28.9 million. The fourth quarter saw a significant turnaround, with revenues up 37% to $278.7 million and a shift from an operating loss to a $32.2 million operating income. The company also highlighted the New York Knicks' NBA Championship win and progress on the proposed spin-off of its Rangers business, anticipated by the end of October 2026.
Key Highlights
- Fiscal 2026 revenues increased 11% to $1,153.8 million.
- Fiscal 2026 operating income increased 95% to $28.9 million.
- Fiscal 2026 adjusted operating income increased 54% to $58.7 million.
- Q4 2026 revenues increased 37% to $278.7 million.
- Q4 2026 operating income was $32.2 million, up from a $22.6 million loss.
- Q4 2026 adjusted operating income was $39.6 million, up from a $16.8 million loss.
- New York Knicks won the 2025-26 NBA Championship.
- Proposed spin-off of Rangers business expected by end of October 2026.
Price Impact
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