MSGE Earnings: Lady Gaga, New York Knicks and the Christmas Spectacular Drive a $1 Billion Fiscal Year
Profits rose 16% on strong ticket sales and a doubling of concerts at the Garden between April and June.
Madison Square Garden Entertainment (MSGE) reported a record fiscal year in 2026, driven by strong ticket sales for Lady Gaga's The Mayhem Ball, the New York Knicks, and the Radio City Christmas Spectacular. These events contributed to a 16% increase in operating income, reaching $141.5 million, and an 18% rise in adjusted operating income to $262.2 million. The company's net income for the year amounted to $66.2 million, with diluted earnings per share increasing to $1.38, up from $0.77 in the previous fiscal year.
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