Madison Square Garden Sports Corp.
MSGSFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
6/30/2025
Revenue
1,039
Cost of Revenue
758
Gross Profit
281
Gross Margin
27.0%
Operating Income
15
Operating Margin
1.4%
Net Income
-22
Net Margin
-2.2%
EPS (Basic)
$-0.93
EPS (Diluted)
$-0.93
EBITDA
8
EBITDA Margin
0.7%
2024
6/30/2024
Revenue
1,027
Cost of Revenue
620
Gross Profit
407
Gross Margin
39.7%
Operating Income
146
Operating Margin
14.2%
Net Income
59
Net Margin
5.7%
EPS (Basic)
$2.45
EPS (Diluted)
$2.44
EBITDA
136
EBITDA Margin
13.3%
2023
6/30/2023
Revenue
887
Cost of Revenue
552
Gross Profit
335
Gross Margin
37.8%
Operating Income
85
Operating Margin
9.6%
Net Income
48
Net Margin
5.4%
EPS (Basic)
$1.90
EPS (Diluted)
$1.89
EBITDA
116
EBITDA Margin
13.1%
2022
6/30/2022
Revenue
821
Cost of Revenue
506
Gross Profit
316
Gross Margin
38.4%
Operating Income
86
Operating Margin
10.5%
Net Income
51
Net Margin
6.2%
EPS (Basic)
$2.11
EPS (Diluted)
$2.10
EBITDA
91
EBITDA Margin
11.0%
2021
6/30/2021
Revenue
416
Cost of Revenue
287
Gross Profit
128
Gross Margin
30.9%
Operating Income
-78
Operating Margin
-18.8%
Net Income
-14
Net Margin
-3.4%
EPS (Basic)
$-0.58
EPS (Diluted)
$-0.58
EBITDA
-73
EBITDA Margin
-17.6%