Madison Square Garden Entertainment Q2 FY26 operating loss widens 22% to $61.26 million; revenue rises 11% to $313.64 million

Reuters2026/07/30 21:18

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Madison Square Garden Entertainment posted Q2 revenue up 11% to USD 313.64 million; net loss attributable to stockholders was USD 38.79 million.
Operating loss widened 22% to USD 61.26 million, while adjusted operating income fell 17% to USD 50.92 million.
Sphere revenue climbed 29% to USD 226.35 million, driven by higher per-show revenue at The Sphere Experience tied to The Wizard of Oz at Sphere.
MSG Networks revenue dropped 18% to USD 87.29 million as distribution revenue fell on a roughly 16.5% subscriber decline; advertising also slipped.
Unrestricted cash and cash equivalents totaled USD 550.97 million at June 30, 2026; total debt outstanding was USD 780.41 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madison Square Garden Entertainment Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-051125), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Madison Square Garden Entertainment Q2 FY26 operating loss widens 22% to $61.26 million; revenue rises 11% to $313.64 million

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