MSGS Q2 revenue +9% to $357.8M but operating income falls 54% to $13.3M

Madison Square Garden Sports Corp.

2025-Q2 EPS reported -$0.27 vs consensus -$0.12 ▼ miss (-133.6%)

Revenue $357.8M, up $30.9M (+9%) YoY; driven by 3 additional Knicks/Rangers home games.
Operating income $13.3M, down $15.5M (-54%); adjusted operating income $20.2M, down $16.8M (-45%).
Per-game revenues rose YoY across tickets, suites, sponsorship, and food/beverage/merchandise.
Fiscal Q2 ended Dec 31, 2024; Knicks and Rangers 2024-25 regular season underway.
CEO cites fan enthusiasm and robust corporate demand as growth drivers.

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