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Madison Square Garden Sports MSGS Media rights — Total revenues from contracts with customers

Other product segments

Event-related
$162.64M-8.0%
Sponsorship, signage and suite licenses
$113.13M-0.5%
League distributions and other
$15.81M+55.1%

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UGIPeaking — Total revenues from contracts with customers
-$6M-20.0%
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UGIPipeline — Total revenues from contracts with customers
$52M-1.9%

Other financials

Income statement

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Revenue$432.2M+1.9%
Operating income$2.0M-93.9%
Net income-$20.0M-40.5%
EPS (diluted)-$0.83-40.7%

Balance sheet

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Cash & equivalents$107.0M+10.9%
Total debt$1.2B-1.9%
Total equity-$295.5M-4.2%
Total assets$1.5B+0.3%

Cash flow

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Operating cash flow$57.5M+818%
CapEx$143.0K-93.9%
Free cash flow$57.4M+1,369%

Valuation

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Market cap$9.42B+93.0%
Enterprise value$10.48B+77.0%
P/S8.7×+4.0×

Profitability

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Operating margin8.4%
Net margin-2.1%-2.5pp
FCF margin2.8%

Returns & leverage

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Return on equity-6.8%
Debt / equity0.2×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Madison Square Garden Sports in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Madison Square Garden Sports’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:18 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032888
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Event-related (a)$162,637$176,756$335,882$322,211
Media rights (b)140,621123,544268,066257,799
Sponsorship, signage and suite licenses113,129113,701216,234198,302
League distributions and other15,81210,19654,89556,951
Total revenues from contracts with customers$432,199$424,197$875,077$835,263

Item 1. Financial Statements

FAQ

What is Madison Square Garden Sports's media rights — total revenues from contracts with customers?
Madison Square Garden Sports (MSGS) reported media rights — total revenues from contracts with customers of $140.62M in Q1 2026.
How has Madison Square Garden Sports's media rights — total revenues from contracts with customers changed year-over-year?
Madison Square Garden Sports's media rights — total revenues from contracts with customers increased by 13.8% year-over-year, from $123.54M to $140.62M.
What does media rights — total revenues from contracts with customers mean?
This metric represents the aggregate revenue recognized from all contractual agreements related to the broadcasting and distribution of sports content. It encompasses fees derived from local, national, and international media rights partnerships. This figure serves as a primary indicator of the company's ability to monetize its intellectual property and sports content across diverse distribution channels.

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