NYSE$MSGE
Madison Square Garden Spinco · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Madison Square Garden Entertainment reported fiscal Q1 2026 revenues of $158.3M with a net loss of $21.7M ($0.46 per share).
Revenues rose to $158.3 million from $138.7 million on live events and venue activity. Net loss was $21.7 million, or $(0.46) per share, reflecting seasonality and pre-opening costs.
- Fiscal Q1 revenues $158.3M (+14% YoY).
- Net loss $21.7M; diluted EPS $(0.46).
- Sphere and arena calendar drive quarterly volatility.
- Concerts, sports, and hospitality mix shape margins.
Headline financials
Revenue & EPS history
MSG Spinco · Revenue · Quarterly
$158M
Forward guidance
The filing discusses Madison Square Garden Entertainment's outlook, capital priorities, and key risks, including guidance or operating targets where disclosed.
Tailwinds
- Madison Square Garden Entertainment cites execution and demand supporting the near-term outlook.
- Balance sheet and capital allocation remain focal points in the filing.
Headwinds
- GAAP profitability remained under pressure in the quarter.
- Macro, competition, and input costs may pressure margins quarter to quarter.
- One-time items and segment mix can affect comparability versus prior periods.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports · overlaid with Q1 2026
+0.9%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+4.9%
Avg return
30 days after
36%
4 / 11 earnings
Positive
+12.8%
Q3 2023
Best reaction
-9.1%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -0.3% | -3.7% | +6.8% | |
| Q2 2026 | -2.6% | -1.8% | -4.3% | |
| Q1 2026 | -0.6% | +10.7% | +16.3% | |
| Q3 2025 | +4.8% | +6.5% | +11.6% | |
| Q2 2025 | -0.3% | +5.9% | -11.2% | |
| Q1 2025 | -9.1% | -14.7% | -12.8% | |
| Q1 2024 | +0.9% | -0.7% | +0.3% | |
| Q4 2024 | +0.0% | +0.6% | +15.0% | |
| Q3 2024 | +0.0% | +1.5% | -0.2% | |
| Q2 2024 | +4.0% | +6.2% | +9.7% | |
| Q3 2023 | +12.8% | +19.9% | +23.0% |
Discussion
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