MSG Sports FY26 Q4 operating income swings to $32.2 million; revenue rises 37% to $278.7 million vs year-ago quarter
MSGS•Quarterly results
Madison Square Garden Sports posted fiscal fourth-quarter revenue of $278.7 million, up 37% year over year.
Operating income swung to $32.2 million from an operating loss in the year-ago quarter, and net income turned to $28.3 million.
Non-GAAP adjusted operating income was $39.6 million in the quarter.
Full-year performance and outlook
For the full year, revenue rose 11% to $1.15 billion, while operating income increased 95% to $28.9 million.
Full-year adjusted operating income climbed 54% to $58.7 million.
Results reflected the Knicks’ 2025-26 NBA Championship run, and MSG Sports targets a Rangers spin-off by end-October 2026.
