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Madison Square Garden Sports MSGS Single Operating Segment — Team Operating Expenses
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Where this comes from
Reported directly by Madison Square Garden Sports in its filing.
Tagged under the XBRL concept msgs:TeamOperatingExpenses.
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 item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 | Nine Months Ended March 31, 2026 | Nine Months Ended March 31, 2025 |
|---|---|---|---|---|
| Marketing & event-related expenses (b) | (20,506) | (21,482) | (51,067) | (48,557) |
| Corporate & administrative (c) | (29,926) | (32,760) | (81,697) | (83,691) |
| 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 income | 733 | 1,051 | 1,807 | 2,605 |
| Interest expense | (4,835) | (5,020) | (16,636) | (16,662) |
Item 1. Financial Statements
FAQ
- What is Madison Square Garden Sports's single operating segment — team operating expenses?
- Madison Square Garden Sports (MSGS) reported single operating segment — team operating expenses of $242.93M in Q1 2026.
- How has Madison Square Garden Sports's single operating segment — team operating expenses changed year-over-year?
- Madison Square Garden Sports's single operating segment — team operating expenses increased by 15.0% year-over-year, from $211.21M to $242.93M.
- What is the long-term trend for Madison Square Garden Sports's single operating segment — team operating expenses?
- Over 2 years (2023 to 2025), Madison Square Garden Sports's single operating segment — team operating expenses has grown at a 18.0% compound annual growth rate (CAGR), from $365.02M to $508.3M.
- What does single operating segment — team operating expenses mean?
- Encompasses all costs directly related to the operation of professional sports teams, including player salaries, coaching staff, scouting, and team travel. This is the primary cost driver for sports-focused business segments.
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