Madison Square Garden Entertainment annual free cash flow
2022
2023
2024
2025
2026
Madison Square Garden Entertainment Free Cash Flow (FCF) History (MSGE)
Madison Square Garden Entertainment reported $323.1M in free cash flow for fiscal 2026, an increase of 247.13% from the previous fiscal year, with a free cash flow margin of 30.46%.
View full Madison Square Garden Entertainment company overviewMadison Square Garden Entertainment free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-06-30 | $323.1M | $230.0M | +247.13% | +30.46% |
| 2025 | 2025-06-30 | $93.1M | $6.0M | +6.88% | +9.87% |
| 2024 | 2024-06-30 | $87.1M | −$33.4M | −27.73% | +9.08% |
| 2023 | 2023-06-30 | $120.5M | $41.0M | +51.48% | +15.45% |
| 2022 | 2022-06-30 | $79.6M | — | — | +13.67% |
Madison Square Garden Entertainment quarterly free cash flow
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | −$20.7M | $10.4M | — | −7.64% |
| Q3 2026 | 2026-03-31 | $173.9M | $120.0M | +222.95% | +82.51% |
| Q2 2026 | 2025-12-31 | $156.1M | — | — | +36.74% |
| Q1 2026 | 2025-09-30 | $13.9M | — | — | +8.99% |
| Q4 2025 | 2025-06-30 | −$31.1M | — | — | −13.81% |
| Q3 2025 | 2025-03-31 | $53.8M | — | — | +26.14% |
Madison Square Garden Entertainment free cash flow growth trends
Madison Square Garden Entertainment's latest reported quarter, Q4 2026, generated −$20.7M in free cash flow, an increase of $10.4M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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