MSGS Q1 revenue down 26% to $39.5M; operating loss widens to $27.4M

Madison Square Garden Sports Corp.

2026-Q1 EPS reported -$0.37 revenue$39,454,000

Revenue fell 26% YoY to $39.5M from $53.3M; operating loss of $27.4M vs $8.3M loss a year ago.
Adjusted operating loss was $20.8M, compared to $2.3M loss in prior-year quarter.
Combined Knicks/Rangers season ticket renewal rate at ~94% for 2025-26.
Rangers signed GAME 7 as first-ever jersey patch partner; suites renewals remain strong.
Rangers kicked off 100th anniversary season with special Centennial jersey launched in September.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.