Company News

Fiscal 2026 Revenues of $1.1 Billion, Up 13% Year-Over-Year

Fiscal 2026 Operating Income of $141.5 Million, Up 16% Versus Prior Year

Fiscal 2026 Adjusted Operating Income of $262.2 Million(1), Up 18% Year-Over-Year

NEW YORK, N.Y., August 12, 2026 – Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2026.

Fiscal 2026 reflected another year of robust demand across the Company’s portfolio of live entertainment offerings, with the Company welcoming approximately 6.4 million guests at nearly 960 events. That included concerts, special events, family shows and marquee sports, as well as the New York Knicks’ (“Knicks”) and New York Rangers’ (“Rangers”) regular seasons and the Knicks’ championship run. It also reflected over 1.2 million tickets sold across 215 paid performances of the Christmas Spectacular production, which achieved another year of record-setting revenues in its 92nd holiday season. 

For fiscal 2026, the Company reported revenues of $1,060.8 million, an increase of $118.1 million, or 13%, as compared to the prior fiscal year. In addition, the Company reported operating income of $141.5 million, an increase of $19.4 million, or 16%, and adjusted operating income of $262.2 million, an increase of $39.7 million, or 18%, both as compared to the prior fiscal year.(1)

For the fiscal 2026 fourth quarter, the Company reported revenues of $196.3 million, an increase of $42.2 million, or 27%, as compared to the prior year quarter. In addition, the Company reported an operating loss of $8.6 million, an improvement of $17.1 million as compared to the prior year quarter, and adjusted operating income of $18.6 million as compared to an adjusted operating loss of $1.3 million in the prior year quarter.(1)

Executive Chairman and CEO James L. Dolan said, “Today’s results reflect the strong demand we continue to see for our live entertainment offerings. Looking ahead, we are well positioned to drive solid growth in adjusted operating income in fiscal ’27 and remain confident in our ability to deliver long-term shareholder value.”

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