)
Madison Square Garden Sports (MSGS) investor relations material
Madison Square Garden Sports Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal Q2 2026 revenues rose 13% year-over-year, reaching $459.9 million, driven by record-setting Christmas Spectacular attendance, increased event bookings, and strong per-game revenue growth across ticketing, suites, sponsorship, and merchandise.
Adjusted Operating Income grew to $190.4 million, and operating income increased 18% to $163.8 million, reflecting robust performance across segments.
Over 1.2 million tickets were sold for the Christmas Spectacular, the highest in 25 years, with 215 performances.
Season ticket renewal rates for the Knicks and Rangers were approximately 94%, with per-game ticketing revenue up year-over-year, aided by higher Knicks season ticket prices.
Merchandise sales set single-game records for both teams, driven by new product launches and exclusive partnerships.
Financial highlights
Q2 2026 revenues were $459.9 million, up from the prior year, with net income at $92.7 million and diluted EPS at $1.94.
Event-related revenues rose 20% to $167.2 million, and suites/sponsorship revenues increased 24% to $98.5 million year-over-year.
Food, beverage, and merchandise revenues rose 8% to $64.3 million, with direct operating expenses up 12%.
Cash and equivalents at quarter-end were $157.6 million, up from $43.5 million at the start of the period.
Adjusted Operating Income increased by $9.4 million to $29.7 million, primarily due to revenue growth, partially offset by higher operating expenses.
Outlook and guidance
Management expects robust growth in both revenue and adjusted operating income for the full fiscal year.
Ongoing momentum in business fundamentals positions the company for long-term value creation.
Growth is expected in marketing partnerships and premium hospitality for fiscal 2026.
The timing benefit from more home games in Q2 will reverse in the second half of the fiscal year.
- TimeTickerHeadlineOpen
- 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position. - 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects. - 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCW
Revenue up 89% y/y, record backlog, and new strategy for European optical payload leadership. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts. - 6 FebSCW
Space segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook. - 6 FebSCW
73% revenue growth, record backlog, and major space contracts drive expansion and investment. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K.
Next Madison Square Garden Sports earnings date
Next Madison Square Garden Sports earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)