Madison Square Garden Entertainment Corp. Reports Fiscal 2026 Third Quarter Results

NEW YORK, N.Y., May 7, 2026 - Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2026.

The fiscal 2026 third quarter was highlighted by a diverse mix of live entertainment and sporting events across the Company's portfolio of venues. That included significant growth in the number of concerts at the Madison Square Garden Arena ("The Garden") and the last performances in this year's record-setting Christmas Spectacular run. It also included the continuation of the New York Knicks ("Knicks") and the New York Rangers ("Rangers") 2025-26 regular seasons at The Garden.

For the fiscal 2026 third quarter, the Company reported revenues of $246.3 million, an increase of $3.8 million, or 2%, as compared to the prior year quarter. In addition, the Company reported operating income of $16.1 million, a decrease of $11.2 million, or 41%, and adjusted operating income of $46.0 million, a decrease of $11.8 million, or 20%, both as compared to the prior year quarter.⁽¹⁾

Executive Chairman and CEO James L. Dolan said, "We continue to bring an array of live events to our venues, and demand for those entertainment offerings remains strong. As we approach the end of the fiscal year, we remain on track to deliver robust growth in revenue and adjusted operating income in fiscal 2026."

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