MSG Knicks FY27 Q1 net loss more than triples to $31.14 million; revenue rises 15% to $45.5 million
MSGK•MSG Knickerbockers’ first-quarter net loss more than tripled year over year to $31.14 million, while revenue rose 15% to $45.5 million. Net cash used in operating activities increased 72% to $146.27 million.
1. Quarterly results
MSG Knickerbockers’ FY27 first-quarter net loss more than tripled year over year to $31.14 million. Revenue rose 15% to $45.5 million, primarily due to higher league distributions and merchandise sales; net cash used in operating activities increased 72% to $146.27 million.
2. Rangers spin-off
The Rangers business spin-off was completed October 26, 2026. First-quarter consolidated results included that business.
