---
schema_version: "secwatch.filing_event.v1"
accession: "0001636519-25-000004"
form_type: "8-K"
ticker: "MSGS"
cik: "0001636519"
company_name: "Madison Square Garden Sports Corp."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:31:06.460462+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001636519-25-000004
- form_type: 8-K
- ticker: MSGS
- cik: 0001636519
- company_name: Madison Square Garden Sports Corp.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636519/000163651925000004/0001636519-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636519/000163651925000004/msgs-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001636519-25-000004
- JSON: https://secwatch.observer/filing/0001636519-25-000004.json
- Plain text: https://secwatch.observer/filing/0001636519-25-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.