10-Q quarterly report · filed Nov 6, 2025

Madison Square Garden Entertainment Corp. (MSGE) Q3 2025 10-Q Quarterly Report

Short answer

Madison Square Garden Entertainment Corp. (MSGE) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $154M (up 15.0% year over year) with net income of −$22M.

Q3 2025 key financials · XBRL

Revenue
$154M
+15.0% YoY
Net income
−$22M
−12.1% YoY
Operating margin
-19.3%
EPS (diluted)
−$0.46
−15.0% YoY

Source: XBRL data from the Madison Square Garden Entertainment Corp. (MSGE) Q3 2025 10-Q on SEC EDGAR. USD.

Madison Square Garden Entertainment Corp. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $158,262, up 14% YoY from $138,714, driven by entertainment offerings
  • Operating margin -18.8% vs -13.3% YoY, with operating loss $29,739 vs $18,482
  • Concert revenue best-performing line, up $8,263; arena license and leasing revenue worst, down $543
  • Adjusted operating income $7,081 vs $1,909 YoY, despite $13,782 impairment and $1,190 restructuring charges
  • Unrestricted cash $29,950, debt $621,758, borrowing capacity $112,573; $44,796 remained for share repurchases

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Madison Square Garden Entertainment Corp. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.