Madison Square Garden Sports Corp.MSGS
What Madison Square Garden Sports Corp. does.
Madison Square Garden Sports Corp. is a Nevada corporation with our principal executive offices at Two Pennsylvania Plaza, New York, NY 10121. Unless the context otherwise requires, all references to “we,” “us,” “our,” “MSG Sports” or the “Company” refer collectively to Madison Square Garden Sports Corp., a holding company, and its direct and indirect subsidiaries. We conduct substantially all of our business activities discussed in this Annual Report on Form 10-K through MSG Sports, LLC and its direct and indirect subsidiaries.
The Company was originally incorporated in Delaware on March 4, 2015 as an indirect, wholly-owned subsidiary of MSG Networks Inc. (“MSG Networks”). All of the outstanding common stock of the Company was distributed to MSG Networks stockholders (the “MSGS Distribution”) on September 30, 2015.
On April 17, 2020, the Company distributed all of the outstanding common stock of Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp. and referred to herein as “Sphere Entertainment”) to its stockholders (the “Sphere Distribution”).
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $415.7M | $821.4M | $887.4M | $1.0B | $1.0B | $1.2B |
| Net income | -$14.0M | $51.1M | $47.8M | $58.8M | -$22.4M | $7.8M |
| Free cash flow | -$35.8M | $177.1M | $151.3M | $90.7M | $88.0M | $61.3M |
More on MSGS.
- Madison Square Garden Sports Corp. summary
- Madison Square Garden Sports Corp. financial statements
- Madison Square Garden Sports Corp. key metrics
- Madison Square Garden Sports Corp. health scores and style box
- Madison Square Garden Sports Corp. earnings
- Madison Square Garden Sports Corp. dividends
- Madison Square Garden Sports Corp. valuation
- Madison Square Garden Sports Corp. ownership and insiders
- Madison Square Garden Sports Corp. peers
Figures from Madison Square Garden Sports Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.