Madison Square Garden Sports Free Cash Flow (FCF) History (MSGS)
Madison Square Garden Sports reported $61.3M in free cash flow for fiscal 2026, a decrease of 30.38% from the previous fiscal year, with a free cash flow margin of 5.31%.
View full Madison Square Garden Sports company overviewMadison Square Garden Sports free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-06-30 | $61.3M | −$26.7M | −30.38% | +5.31% |
| 2025 | 2025-06-30 | $88.0M | −$2.7M | −2.97% | +8.47% |
| 2024 | 2024-06-30 | $90.7M | −$60.6M | −40.06% | +8.83% |
| 2023 | 2023-06-30 | $151.3M | −$25.8M | −14.58% | +17.05% |
| 2022 | 2022-06-30 | $177.1M | $212.9M | — | +21.56% |
| 2021 | 2021-06-30 | −$35.8M | $323.1M | — | −8.61% |
| 2020 | 2020-06-30 | −$358.9M | −$331.3M | — | −59.49% |
| 2019 | 2019-06-30 | −$27.6M | −$53.3M | — | −3.78% |
| 2018 | 2018-06-30 | $25.7M | −$153.6M | −85.66% | +3.61% |
| 2017 | 2017-06-30 | $179.3M | $125.2M | +231.63% | +13.60% |
| 2016 | 2016-06-30 | $54.1M | $48.8M | +926.17% | +4.85% |
| 2015 | 2015-06-30 | $5.3M | $173.1M | — | +0.49% |
| 2014 | 2014-06-30 | −$167.8M | — | — | −18.37% |
Madison Square Garden Sports quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $57.6M | $8.3M | +16.75% | +20.67% |
| Q3 2026 | 2026-03-31 | $57.4M | $53.5M | +1368.59% | +13.28% |
| Q2 2026 | 2025-12-31 | $31.6M | −$29.7M | −48.42% | +7.83% |
| Q1 2026 | 2025-09-30 | −$85.3M | −$58.8M | — | −216.26% |
| Q4 2025 | 2025-06-30 | $49.4M | −$58.6M | −54.30% | +24.20% |
| Q3 2025 | 2025-03-31 | $3.9M | −$36,000 | −0.91% | +0.92% |
| Q2 2025 | 2024-12-31 | $61.2M | $28.0M | +84.00% | +17.12% |
| Q1 2025 | 2024-09-30 | −$26.5M | $28.0M | — | −49.74% |
| Q4 2024 | 2024-06-30 | $108.0M | $70.5M | +187.77% | +47.52% |
| Q3 2024 | 2024-03-31 | $3.9M | −$78.9M | −95.24% | +0.92% |
| Q2 2024 | 2023-12-31 | $33.3M | $3.4M | +11.32% | +10.18% |
| Q1 2024 | 2023-09-30 | −$54.5M | −$55.5M | — | −126.68% |
| Q4 2023 | 2023-06-30 | $37.5M | −$76.3M | −67.02% | +29.57% |
| Q3 2023 | 2023-03-31 | $82.9M | $43.2M | +108.73% | +21.65% |
| Q2 2023 | 2022-12-31 | $29.9M | −$13.2M | −30.69% | +8.45% |
| Q1 2023 | 2022-09-30 | $1.0M | $20.5M | — | +4.21% |
| Q4 2022 | 2022-06-30 | $113.8M | $94.8M | +498.45% | +64.94% |
| Q3 2022 | 2022-03-31 | $39.7M | $72.7M | — | +11.75% |
| Q2 2022 | 2021-12-31 | $43.1M | $7.4M | +20.54% | +14.90% |
| Q1 2022 | 2021-09-30 | −$19.5M | $38.1M | — | −103.71% |
| Q4 2021 | 2021-06-30 | $19.0M | $146.8M | — | +12.94% |
| Q3 2021 | 2021-03-31 | −$33.0M | $87.9M | — | −18.05% |
| Q2 2021 | 2020-12-31 | $35.8M | $18.7M | +109.83% | +124.40% |
| Q1 2021 | 2020-09-30 | −$57.6M | $69.7M | — | −100.92% |
| Q4 2020 | 2020-06-30 | −$127.8M | −$120.1M | — | — |
| Q3 2020 | 2020-03-31 | −$120.9M | −$153.6M | — | −45.19% |
| Q2 2020 | 2019-12-31 | $17.1M | −$17.1M | −50.06% | +5.83% |
| Q1 2020 | 2019-09-30 | −$127.2M | −$40.5M | — | −255.21% |
| Q4 2019 | 2019-06-30 | −$7.7M | −$27.5M | — | — |
| Q3 2019 | 2019-03-31 | $32.7M | −$48.3M | −59.68% | +6.31% |
| Q2 2019 | 2018-12-31 | $34.2M | $57.6M | — | +5.40% |
| Q1 2019 | 2018-09-30 | −$86.7M | −$35.0M | — | −39.74% |
| Q4 2018 | 2018-06-30 | $19.8M | −$83.7M | −80.86% | — |
| Q3 2018 | 2018-03-31 | $81.0M | $93.4M | — | +17.62% |
| Q2 2018 | 2017-12-31 | −$23.4M | −$141.6M | — | −4.37% |
| Q1 2018 | 2017-09-30 | −$51.6M | −$21.6M | — | −21.06% |
| Q4 2017 | 2017-06-30 | $103.5M | $69.4M | +203.76% | +33.87% |
| Q3 2017 | 2017-03-31 | −$12.4M | $20.2M | — | −3.20% |
| Q2 2017 | 2016-12-31 | $118.2M | $9.5M | +8.77% | +26.54% |
| Q1 2017 | 2016-09-30 | −$30.0M | $26.0M | — | −16.51% |
| Q4 2016 | 2016-06-30 | $34.1M | −$9.9M | −22.48% | +15.65% |
| Q3 2016 | 2016-03-31 | −$32.6M | $14.7M | — | −9.70% |
| Q2 2016 | 2015-12-31 | $108.6M | — | — | +26.44% |
| Q1 2016 | 2015-09-30 | −$56.0M | — | — | −37.26% |
| Q2 2015 | 2014-12-31 | $44.0M | — | — | +11.08% |
| Q1 2015 | 2014-09-30 | −$47.3M | — | — | −39.77% |
Madison Square Garden Sports free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$35.8M to $61.3M, a net increase of $97.0M. Madison Square Garden Sports's latest reported quarter, Q4 2026, generated $57.6M in free cash flow, an increase of 16.75% year over year.
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.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-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.
Review Madison Square Garden Sports filings at SEC.gov ↗