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How MSG Rangers (MSGR) makes money

MSG Rangers (MSGR) made $14.1M of revenue in the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier. Event-related brought in $5.2M (37%); Sponsorship, signage and suite licenses brought in $4.1M (29%); League distributions and other brought in $3.0M (21%).

Drawing the Sankey…

MSG Rangers revenue by segment, Q1 FY27MSG Rangers revenue by segment, Q1 FY27Event-related$5.2MSponsorship, signage and suite li…$4.1MLeague distributions and other$3.0MMedia rights$1.8M

Revenue by segment, Q1 FY27

SegmentRevenueShareQ/QY/Y
Event-related$5.2M36.7%—-11%
Sponsorship, signage and suite licenses$4.1M29.3%—+12%
League distributions and other$3.0M20.9%—+13%
Media rights$1.8M13.1%—+20%

Where each dollar of revenue goes

LineQ1 FY27% of revenue
Revenue$14.1M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 FY27$14.1M+3%

From MSG Rangers' 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does MSG Rangers make money?

MSG Rangers (MSGR) made $14.1M of revenue in the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier. Event-related brought in $5.2M (37%); Sponsorship, signage and suite licenses brought in $4.1M (29%); League distributions and other brought in $3.0M (21%).

What is MSG Rangers' biggest business?

Event-related: $5.2M in the first quarter fiscal 2027, 37% of revenue, -11% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.