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Madison Square Garden Sports MSGS Single Operating Segment — Restructuring Charges

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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:RestructuringCharges.

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
Operating lease expenses and other rental expenses associated with the Arena License Agreements (d)(30,867)(34,229)(63,080)(63,034)
Team operating expenses (e)(242,930)(211,209)(471,574)(420,040)
Depreciation and amortization(790)(823)(2,391)(2,396)
Restructuring charges(1,244)(1,244)
Interest income7331,0511,8072,605
Interest expense(4,835)(5,020)(16,636)(16,662)
Miscellaneous (expense) income, net(11,155)(5,743)2,424(13,478)
Income tax expense(6,689)(36,857)(4,851)(30,507)

Item 1. Financial Statements

FAQ

What is Madison Square Garden Sports's single operating segment — restructuring charges?
Madison Square Garden Sports (MSGS) reported single operating segment — restructuring charges of $1.24M in Q1 2026.
What does single operating segment — restructuring charges mean?
Costs associated with significant organizational changes, such as severance, facility closures, or strategic shifts. These are typically non-recurring items that impact short-term earnings.

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