Filing Flows › Madison Square Garden Entertainment (MSGE) › Operating margin
Madison Square Garden Entertainment (MSGE) operating margin by quarter
Madison Square Garden Entertainment's operating margin was 4.5% in Q1 FY27 (first quarter fiscal 2027), -2.1 pts from Q3 FY26. Over the last 4 quarters it ranged from 4.5% (Q1 FY27) to 35.6% (Q2 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 FY27 | 4.5% | -2.1 pts | — |
| Q3 FY26 | 6.5% | -29.1 pts | -4.7 pts |
| Q2 FY26 | 35.6% | +24.3 pts | — |
| Q3 FY25 | 11.3% | — | — |
Q1 FY27 at a glance
Madison Square Garden Entertainment, Q1 FY27: revenue $217M (+37% year over year), operating margin 4.5%, net earnings $8.9M, operating cash flow −$26.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is Madison Square Garden Entertainment's operating margin?
Madison Square Garden Entertainment's operating margin was 4.5% in Q1 FY27 (first quarter fiscal 2027), -2.1 pts from Q3 FY26.
How has Madison Square Garden Entertainment's operating margin changed?
Over the last 4 quarters it ranged from 4.5% (Q1 FY27) to 35.6% (Q2 FY26).
Q1 FY27 results → · How Madison Square Garden Entertainment makes money →