MSGE Madison Square Garden Entertainment Corp.

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: Ownership and management of iconic live entertainment venues and marquee content, primarily in New York and Chicago
• • New emphasis on digital and data utilization to improve guest experience, ticketing, and targeted marketing leveraging a proprietary customer database
• • Strategic shift: Completed full independence from Sphere Entertainment via MSGE Distribution in April 2023 and subsequent secondary stock offering in Sept 2023
• • Quantitative highlight: Hosted nearly 6 million guests at 975+ events in Fiscal Year 2025, including 1.1 million tickets sold for the 91st year of Christmas Spectacular
• • Noteworthy fact: The Rockettes celebrated their 100th anniversary in 2025, with significant investments in dancer development programs like Rockettes Conservatory and Preparatory

Risk Factors

• • New York City real estate tax exemption $43M for FY 2025 under legislative agreement faces risk of repeal or amendment
• • Geographic concentration: 100% venues in NYC, exposed to adverse local events including pandemics and terrorism
• • Reliance on Christmas Spectacular, which was 18% of FY 2025 revenues, risk of revenue decline if popularity decreases
• • Competition from alternative NYC entertainment options, e.g., other venues and online platforms affecting attendance
• • Licensing risk: Potential higher PRO royalty rates for musical works could increase event costs if not passed to promoters

Management Discussion & Analysis

• • Revenue $943M, down 2% YoY from $959M; entertainment offerings declined $11.6M (2%), food/beverage/merchandise down $11.6M (7%), arena license fees up $6.7M (9%)
• • Operating income $122.1M, up 9% YoY from $111.9M; operating margin 12.9% vs 11.7% (based on operating income/total revenue)
• • Best performing segment: Arena license fees and other leasing revenue up $6.7M (9%) to $79.9M; worst performing: Food, beverage, and merchandise revenues down $11.6M (7%) to $150.5M
• • Direct operating expenses down 6% to $535.6M; SG&A increased 4% to $215.0M; impairment charges of $11.2M; restructuring charges fell to $1.1M from $17.6M; interest expense down 13% to $50.5M
• • No explicit forward-looking guidance provided; risks include economic conditions affecting event demand, fewer concerts, and changes in venue usage impacting revenues and costs

What are the latest MSGE SEC filings in 2026?

Madison Square Garden Entertainment Corp. (MSGE) has filed a 10-K annual report on August 13, 2025, a 10-Q quarterly report on May 7, 2026, an 8-K current report on June 8, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did MSGE file its most recent 10-K annual report?

Madison Square Garden Entertainment Corp. (MSGE) filed its most recent 10-K annual report on August 13, 2025. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view MSGE 10-Q quarterly reports?

Madison Square Garden Entertainment Corp. (MSGE)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every MSGE 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has MSGE filed recently?

Madison Square Garden Entertainment Corp. (MSGE)'s most recent 8-K was filed on June 8, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find MSGE insider trading activity (Form 4)?

SignalX aggregates every MSGE Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does MSGE file with the SEC?

Madison Square Garden Entertainment Corp. (MSGE) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new MSGE filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Madison Square Garden Entertainment Corp. (MSGE).

What is MSGE's SEC CIK number?

Madison Square Garden Entertainment Corp. (MSGE)'s SEC CIK (Central Index Key) number is 1952073. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1952073 to look up all MSGE filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find MSGE return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Madison Square Garden Entertainment Corp. (MSGE) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.