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Production and delivery at other companies

Live Nation Entertainment logo
Live Nation EntertainmentLYV
$5.72B+9.9%
Madison Square Garden Sports logo
Madison Square Garden SportsMSGS
$354.5M+12.1%
Sphere Entertainment logo
Sphere EntertainmentSPHR

Segments

By product

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Food, beverage, and merchandise revenues$28.45M-7.8%

Other financials

Income statement

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Revenue$246.3M+1.6%
Operating income$16.1M-41.1%
Net income$5.1M-36.4%
EPS (diluted)$0.11-35.3%

Balance sheet

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Cash & equivalents$323.7M+262%
Total debt$1.2B-1.4%
Total equity$48.0M+404%
Total assets$2.0B+12.5%

Cash flow

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Operating cash flow$183.9M+224%
CapEx$10.0M+236%
Free cash flow$173.9M+223%

Valuation

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Market cap$3.63B+100%
Enterprise value$4.49B+51.3%
P/E43.1×
P/S3.6×+1.6×

Profitability

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Operating margin15.2%
Net margin13.5%
FCF margin17.3%

Returns & leverage

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Return on equity16.3%
Debt / equity24.7×-102×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Madison Square Garden Entertainment in its filing.

Tagged under the XBRL concept us-gaap:DirectOperatingCosts.

The source filing: Madison Square Garden Entertainment’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:30 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032215
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Direct operating expenses:
Entertainment offerings, arena license fees, and other leasing direct operating expenses(118,340)(107,995)(382,960)(358,755)
Food, beverage, and merchandise direct operating expenses(28,453)(30,875)(78,859)(74,898)
Total direct operating expenses (a)(146,793)(138,870)(461,819)(433,653)
Selling, general, and administrative expenses (a)(60,955)(52,112)(185,899)(155,047)
Depreciation and amortization(13,788)(14,372)(41,846)(42,336)
Impairment of long-lived assets(9,700)(13,782)(9,700)
Restructuring charges(8,623)(84)(10,939)(14)

Item 1. Financial Statements (Unaudited)

FAQ

What is Madison Square Garden Entertainment's production and delivery?
Madison Square Garden Entertainment (MSGE) reported production and delivery of $146.79M in Q1 2026.
How has Madison Square Garden Entertainment's production and delivery changed year-over-year?
Madison Square Garden Entertainment's production and delivery increased by 5.7% year-over-year, from $138.87M to $146.79M.
What is the long-term trend for Madison Square Garden Entertainment's production and delivery?
Over 2 years (2023 to 2025), Madison Square Garden Entertainment's production and delivery has grown at a 3.5% compound annual growth rate (CAGR), from $499.93M to $535.64M.
What does production and delivery mean?
This metric encompasses the direct expenses incurred to produce, stage, and deliver live entertainment events and venue-based experiences. It includes costs directly attributable to event operations, such as talent fees, venue staffing, and production logistics. Analyzing this figure provides insight into the company's operational efficiency and the variable cost structure required to generate top-line revenue.

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