Filing Flows › MSG Knickerbockers (MSGK) › Q1 FY27
MSG Knickerbockers (MSGK) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 6, 2026
MSG Knickerbockers (MSGK) reported revenue of $45.5M for the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier and -84% from the quarter before. Operating margin was -56.0%, net loss $31.1M (68.4% of revenue).
MSG Knickerbockers, Q1 FY27: revenue $45.5M (+15% year over year), operating margin -56.0%, net loss $31.1M, operating cash flow −$146M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.5M | -84% | +15% |
| Operating profit | −$25.5M | -179% | — |
| Net earnings | −$31.1M | -210% | — |
| Operating cash flow | −$146M | -354% | — |
What changed
Revenue was $45.5M in Q1 FY27, up 15% year over year and down 84% from the previous quarter. League distributions and other was the largest line at 62% of revenue. League distributions and other added $4.5M year over year (up 19%), 74% of the total change.
Operating costs exceeded revenue by $25.5M, an operating margin of -56.0%. Total costs grew 6% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $31.1M, after a profit of $28.3M the previous quarter.
Operating cash flow was −$146.3M. Non-cash charges added back $781K of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $119.9M. Capital expenditures of $666K exceeded it, leaving free cash flow of −$146.9M.
Questions
What was MSG Knickerbockers' revenue in the first quarter fiscal 2027?
MSG Knickerbockers (MSGK) reported revenue of $45.5M for the first quarter fiscal 2027 (Q1 FY27), +15% from a year earlier and -84% from the quarter before.
Was MSG Knickerbockers profitable in the first quarter fiscal 2027?
Operating loss was $25.5M (-56.0% of revenue) and net loss $31.1M.
Source: MSG Knickerbockers 10-Q on SEC EDGAR.