Financial Statements — MSGS
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.11 | 0.08 | 0.05 | 0.10 | 0.11 | 0.05 | 0.04 | 0.04 | 0.05 | 0.07 | 0.04 | 0.08 | 0.05 | 0.05 | 0.03 | 0.07 | 0.07 | 0.02 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.08 | 0.07 | 0.04 | 0.09 | 0.08 | 0.05 | 0.08 | 0.02 | 0.02 |
| Total Current Assets | 0.30 | 0.30 | 0.25 | 0.32 | 0.30 | 0.24 | 0.25 | 0.22 | 0.20 | 0.26 | 0.21 | 0.22 | 0.26 | 0.22 | 0.17 | 0.20 | 0.18 | 0.10 |
| Property, Plant & Equipment | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
| Goodwill | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 1.21 | 1.25 | 1.27 | 1.19 | 1.12 | 1.14 | 1.14 | 1.15 | 1.17 | 1.10 | 1.09 | 1.13 | 1.10 | 1.13 | 1.16 | 1.10 | 1.12 | 1.12 |
| Total Assets | 1.51 | 1.54 | 1.52 | 1.50 | 1.41 | 1.37 | 1.39 | 1.37 | 1.37 | 1.36 | 1.30 | 1.35 | 1.36 | 1.35 | 1.33 | 1.30 | 1.29 | 1.22 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short-term Debt | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | -- | -- |
| Total Current Liabilities | 0.64 | 0.64 | 0.64 | 0.62 | 0.60 | 0.57 | 0.53 | 0.56 | 0.55 | 0.51 | 0.48 | 0.52 | 0.45 | 0.45 | 0.43 | 0.35 | 0.35 | 0.31 |
| Long-term Debt | 0.24 | 0.27 | 0.27 | 0.27 | 0.28 | 0.28 | 0.33 | 0.33 | 0.37 | 0.35 | 0.41 | 0.22 | 0.28 | 0.33 | 0.36 | 0.38 | 0.38 | 0.35 |
| Total Non-current Liabilities* | 1.17 | 1.19 | 1.17 | 1.17 | 1.08 | 1.08 | 1.16 | 1.15 | 1.17 | 1.19 | 1.20 | 1.00 | 1.09 | 1.11 | 1.13 | 1.21 | 1.21 | 1.15 |
| Total Liabilities | 1.80 | 1.83 | 1.81 | 1.79 | 1.69 | 1.65 | 1.68 | 1.71 | 1.72 | 1.70 | 1.69 | 1.52 | 1.54 | 1.56 | 1.56 | 1.56 | 1.56 | 1.46 |
| Retained Earnings | (0.16) | (0.14) | (0.15) | (0.14) | (0.12) | (0.12) | (0.14) | (0.18) | (0.19) | (0.16) | (0.22) | (0.06) | (0.06) | (0.09) | (0.10) | (0.13) | (0.13) | (0.09) |
| Total Stockholder Equity* | (0.30) | (0.28) | (0.29) | (0.28) | (0.27) | (0.28) | (0.29) | (0.34) | (0.36) | (0.33) | (0.39) | (0.17) | (0.18) | (0.21) | (0.23) | (0.26) | (0.27) | (0.24) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 432.20 | 403.42 | 39.45 | 203.96 | 424.20 | 357.76 | 53.31 | 227.25 | 429.95 | 326.90 | 43.05 | 126.92 | 382.74 | 353.69 | 24.09 | 175.21 | 337.77 | 289.58 | 18.79 | 146.90 |
| Selling, General & Admin | 73.70 | 69.07 | 57.79 | 70.89 | 74.70 | 67.90 | 52.59 | 66.41 | 76.40 | 65.07 | 53.56 | 57.87 | 61.10 | 75.64 | 55.28 | 57.44 | 68.90 | 59.60 | 43.73 | 67.99 |
| Operating Income | 1.96 | 22.18 | (27.42) | (22.58) | 32.34 | 13.32 | (8.27) | 52.30 | 79.74 | 28.82 | (14.82) | (12.20) | 81.75 | 51.52 | (35.90) | 23.71 | 61.39 | 35.92 | (34.94) | (20.76) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 6.92 | 7.42 | 6.93 | 6.49 | 7.00 | 6.08 | 3.31 | 2.58 | 2.47 | 3.59 | 3.10 | 3.15 |
| Pretax Income | (13.29) | 14.96 | (17.35) | (27.12) | 22.63 | 1.81 | (14.59) | 42.73 | 71.90 | 25.01 | (33.97) | (12.22) | 94.78 | 46.39 | (39.02) | 20.76 | 58.91 | 32.31 | (38.05) | (23.99) |
| Tax Provision | 6.69 | 6.72 | (8.55) | (25.34) | 36.86 | 0.70 | (7.05) | 17.24 | 34.02 | 10.78 | (15.14) | (2.73) | 42.96 | 24.56 | (20.49) | (5.89) | 34.99 | 17.11 | (21.17) | (73.15) |
| Net Income | (19.98) | 8.24 | (8.80) | (1.78) | (14.23) | 1.11 | (7.54) | 25.49 | 37.88 | 14.22 | (18.82) | (9.26) | 52.38 | 22.49 | (17.82) | 27.19 | 24.50 | 15.85 | (16.40) | 49.62 |
| Basic EPS | (0.83) | 0.34 | (0.37) | (0.08) | (0.59) | 0.05 | (0.31) | 1.07 | 1.58 | 0.59 | (0.79) | (0.41) | 2.19 | 0.85 | (0.73) | 1.13 | 1.01 | 0.65 | (0.68) | 2.05 |
| Diluted EPS | (0.83) | 0.34 | (0.37) | (0.08) | (0.59) | 0.05 | (0.31) | 1.07 | 1.57 | 0.59 | (0.79) | (0.40) | 2.18 | 0.84 | (0.73) | 1.13 | 1.00 | 0.65 | (0.68) | 2.06 |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Operating Cash Flow | 57.52 | 32.45 | (84.95) | 49.72 | 6.26 | 61.78 | (26.16) | 108.35 | 4.04 | 33.88 | (54.14) | 37.67 | 83.22 | 30.29 | 1.29 | 113.82 | 40.20 | 43.34 | (19.31) | 19.04 |
| Capital Expenditures | 0.14 | 0.86 | 0.37 | 0.37 | 2.36 | 0.53 | 0.36 | 0.37 | 0.09 | 0.60 | 0.39 | 0.15 | 0.37 | 0.39 | 0.27 | 0.05 | 0.51 | 0.20 | 0.18 | 0.03 |
| Free Cash Flow* | 57.38 | 31.59 | (85.32) | 49.35 | 3.91 | 61.25 | (26.52) | 107.98 | 3.94 | 33.28 | (54.53) | 37.52 | 82.85 | 29.90 | 1.01 | 113.78 | 39.69 | 43.14 | (19.49) | 19.01 |
| Investing Cash Flow | 0.72 | (0.89) | (1.85) | (1.57) | (3.05) | (1.14) | (1.16) | (3.21) | (0.45) | (3.51) | (1.73) | (7.39) | (9.05) | (1.04) | (0.27) | (1.80) | (0.51) | (0.32) | (0.31) | (0.03) |
| Financing Cash Flow | (32.50) | (7.52) | (9.11) | 0.00 | (14.03) | (2.87) | (9.50) | (55.02) | (0.03) | (41.56) | 67.83 | (55.65) | (53.49) | (65.13) | (11.00) | (71.16) | (45.10) | (27.74) | (12.14) | (25.00) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 |
|---|
| Dividends Per Share | 7.00 | 7.00 | 7.00 | 0.00 | 7.00 | 7.00 | 0.00 | 7.00 | 7.00 | 0.00 | 0.00 | 7.00 |
