Madison Square Garden Entertainment Corp. announced strong fiscal second quarter results for 2026, with total revenues increasing by 13% to $459.9 million and operating income rising by 18% to $163.8 million. The Christmas Spectacular production achieved record-setting revenues and its highest attendance in 25 years, selling over 1.2 million tickets.

MSG Entertainment's Q4 2025 performance was marked by a 17% drop in revenue and a widening net loss of $27.2M. Adjusted operating income turned negative, driven by fewer events and reduced per-concert revenue at The Garden.