Madison Square Garden Entertainment Corp
NYSE:MSGE
Income Statement
Earnings Waterfall
Madison Square Garden Entertainment Corp
Income Statement
Madison Square Garden Entertainment Corp
| Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Interest Expense |
52
|
42
|
57
|
58
|
58
|
58
|
56
|
53
|
51
|
47
|
45
|
|
| Revenue |
852
N/A
|
491
-42%
|
894
+82%
|
921
+3%
|
959
+4%
|
956
0%
|
961
+0%
|
975
+1%
|
943
-3%
|
962
+2%
|
1 015
+5%
|
|
| Gross Profit | ||||||||||||
| Cost of Revenue |
(479)
|
(319)
|
(522)
|
(549)
|
(547)
|
(565)
|
(559)
|
(556)
|
(513)
|
(540)
|
(556)
|
|
| Gross Profit |
373
N/A
|
172
-54%
|
372
+116%
|
372
+0%
|
412
+11%
|
391
-5%
|
401
+3%
|
419
+4%
|
430
+3%
|
422
-2%
|
459
+9%
|
|
| Operating Income | ||||||||||||
| Operating Expenses |
(262)
|
(188)
|
(250)
|
(258)
|
(283)
|
(258)
|
(268)
|
(267)
|
(296)
|
(284)
|
(295)
|
|
| Selling, General & Administrative |
(201)
|
(146)
|
(194)
|
(204)
|
(229)
|
(204)
|
(213)
|
(211)
|
(238)
|
(226)
|
(237)
|
|
| Depreciation & Amortization |
(61)
|
(43)
|
(56)
|
(54)
|
(54)
|
(54)
|
(55)
|
(56)
|
(58)
|
(58)
|
(58)
|
|
| Operating Income |
111
N/A
|
(16)
N/A
|
122
N/A
|
114
-7%
|
130
+14%
|
133
+3%
|
134
+0%
|
152
+13%
|
134
-11%
|
138
+3%
|
164
+19%
|
|
| Pre-Tax Income | ||||||||||||
| Interest Income Expense |
(29)
|
(42)
|
(53)
|
(55)
|
(56)
|
(51)
|
(53)
|
(51)
|
(48)
|
(45)
|
(42)
|
|
| Non-Reccuring Items |
(6)
|
(13)
|
(14)
|
(14)
|
(18)
|
(8)
|
(7)
|
(14)
|
(18)
|
(33)
|
(35)
|
|
| Total Other Income |
1
|
18
|
18
|
9
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
78
N/A
|
(53)
N/A
|
73
N/A
|
54
-26%
|
52
-4%
|
71
+35%
|
70
-1%
|
82
+18%
|
66
-20%
|
58
-11%
|
86
+49%
|
|
| Net Income | ||||||||||||
| Tax Provision |
(2)
|
(0)
|
(1)
|
(1)
|
92
|
105
|
57
|
49
|
(28)
|
(23)
|
(34)
|
|
| Income from Continuing Operations |
76
|
(54)
|
72
|
53
|
144
|
176
|
126
|
132
|
37
|
35
|
52
|
|
| Income to Minority Interest |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
77
N/A
|
(54)
N/A
|
72
N/A
|
53
-26%
|
144
+173%
|
176
+22%
|
126
-28%
|
132
+4%
|
37
-72%
|
35
-6%
|
52
+48%
|
|
| EPS (Diluted) |
1.47
N/A
|
-1.05
N/A
|
1.48
N/A
|
1.09
-26%
|
2.97
+172%
|
3.65
+23%
|
2.59
-29%
|
2.73
+5%
|
0.77
-72%
|
0.73
-5%
|
1.08
+48%
|
|