Company overview
What does Madison Square Garden Entertainment Corp. do?
Madison Square Garden Entertainment Corp. (MSGE) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7990 (Services-Miscellaneous Amusement & Recreation).
What does Madison Square Garden Entertainment Corp. do?
Madison Square Garden Entertainment Corp. (MSGE) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7990 (Services-Miscellaneous Amusement & Recreation).
What industry is Madison Square Garden Entertainment Corp. in?
Gaming · Services-Miscellaneous Amusement & Recreation
What was Madison Square Garden Entertainment Corp.'s latest reported revenue?
$210.8M for Q1 2026, from 10-Q filed May 7, 2026.
What changed in the latest comparable period?
Revenue increased +2.3% ($206.0M to $210.8M; Q1 2025 vs Q1 2026).
Business model (from the public record)
Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.
Gaming · Services-Miscellaneous Amusement & Recreation · United States
Financial profile
- Revenue
- $210.8M 10-Q · Q1 2026 · Filed May 7, 2026
- Revenue growth YoY
- +2.3% Belvedere calculation · 10-Q · Q1 2026 · Filed May 7, 2026
- Gross margin
- — Not identified in latest matched XBRL period
- Operating margin
- +7.6% Belvedere calculation · 10-Q · Q1 2026 · Filed May 7, 2026
- Net income
- $5.1M 10-Q · Q1 2026 · Filed May 7, 2026
- Operating cash flow
- — Not identified in latest matched XBRL period
- Capex
- — Not identified in latest matched XBRL period
- Belvedere FCF
- — Not identified in latest matched XBRL period
- FCF margin
- — Not identified in latest matched XBRL period
- Cash
- $293.6M 10-K · Jun 30, 2026 · Filed Aug 12, 2026
- Debt
- $570.8M Belvedere calculation · 10-K · Jun 30, 2026 · Filed Aug 12, 2026
- Net debt
- $277.2M Belvedere calculation · 10-K · Jun 30, 2026 · Filed Aug 12, 2026
- Shares
- — Not identified in latest matched XBRL period
Balance sheet snapshot
Cash $293.6M. Identified debt $570.8M. Net debt $277.2M. Missing debt tags are not treated as a zero-debt capital structure.
Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.
Latest filings
| Form | Filed | Period | Accession | Source |
|---|---|---|---|---|
| 10-K | Aug 12, 2026 | Jun 30, 2026 | 0001628280-26-056286 | SEC |
| 8-K | Aug 12, 2026 | Aug 12, 2026 | 0001628280-26-055960 | SEC |
| 8-K | Jun 8, 2026 | Jun 8, 2026 | 0001193125-26-261971 | SEC |
| 10-Q | May 7, 2026 | Mar 31, 2026 | 0001628280-26-032215 | SEC |
| 8-K | May 7, 2026 | May 7, 2026 | 0001628280-26-031682 | SEC |
| 8-K | Mar 27, 2026 | Mar 24, 2026 | 0001193125-26-129172 | SEC |
| 10-Q | Feb 6, 2026 | Dec 31, 2025 | 0001628280-26-005948 | SEC |
| 8-K | Feb 3, 2026 | Feb 3, 2026 | 0001628280-26-004796 | SEC |
What changed
Each line is an arithmetic comparison of sourced facts. It is not a thesis.
Research view
Belvedere has not published an initiation or update on Madison Square Garden Entertainment Corp.. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.
Research Radar
| Kind | Change | Explanation | Source | Date |
|---|---|---|---|---|
| Cash | $293.6M | Cash and cash equivalents were $293.6M as of the latest reported balance-sheet date. | 10-K · CashAndCashEquivalentsAtCarryingValue | Aug 12, 2026 |
| Revenue | +2.3% | Revenue increased +2.3% ($206.0M to $210.8M; Q1 2025 vs Q1 2026). | 10-Q · RevenueFromContractWithCustomerExcludingAssessedTax | May 7, 2026 |
| Revenue acceleration | -10.2 pp | Quarterly revenue YoY growth moved from +12.5% to +2.3% (-10.2 percentage points). | 10-Q · BelvedereRevenueGrowthYoY | May 7, 2026 |
Rankings
Madison Square Garden Entertainment Corp. does not currently meet the published eligibility rules of a live Belvedere ranking.
Industry context
Madison Square Garden Entertainment Corp. is mapped to Gaming (Services-Miscellaneous Amusement & Recreation) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.
Belvedere Research Profile
This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.
Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.
Comparable-period revenue history and operating-result availability.
Availability of margin, cash-flow and per-share concepts used in screening.
SEC periodic reports, current reports, proxy statement and website identified in submissions.
Distinct filing years in the current archive window plus comparable prior-period revenue.
Risks
Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.
Open latest Form 10-K on SEC.govSources
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- May 7, 2026
- Accession
- 0001628280-26-032215
- Concept
- RevenueFromContractWithCustomerExcludingAssessedTax
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- May 7, 2026
- Accession
- 0001628280-26-032215
- Concept
- BelvedereRevenueGrowthYoY
(RevenueFromContractWithCustomerExcludingAssessedTax 2026-03-31 / RevenueFromContractWithCustomerExcludingAssessedTax 2025-03-31) - 1
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-K
- Period
- Jun 30, 2026
- Filed
- Aug 12, 2026
- Accession
- 0001628280-26-056286
- Concept
- CashAndCashEquivalentsAtCarryingValue
Disclosure
Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.
This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.
Frequently asked questions
- What does Madison Square Garden Entertainment Corp. do?
- Madison Square Garden Entertainment Corp. (MSGE) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7990 (Services-Miscellaneous Amusement & Recreation).
- What industry is Madison Square Garden Entertainment Corp. in?
- Madison Square Garden Entertainment Corp. is classified in Gaming (Services-Miscellaneous Amusement & Recreation).
- When did Madison Square Garden Entertainment Corp. last file a periodic report?
- Madison Square Garden Entertainment Corp. last filed a 10-K on Aug 12, 2026 (accession 0001628280-26-056286).
- What was Madison Square Garden Entertainment Corp.'s latest revenue?
- $210.8M for Q1 2026, sourced from 10-Q filed May 7, 2026.
- Does Belvedere cover Madison Square Garden Entertainment Corp.?
- Madison Square Garden Entertainment Corp. is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.