Madison Square Garden Entertainment Corp. (MSGE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 183.86M | 164.39M | 19.81M | -27.01M | 56.81M | 112.86M | -27.36M | 212K | 5.82M | 103.85M | 1.38M | 3.35M | 63.01M | 126.66M | -57.33M | 35.01M | 2.16M | 135.12M | -2.34M | 4.34M |
| Operating CF Margin % | 74.66% | 35.74% | 12.52% | -17.52% | 23.43% | 27.7% | -19.72% | 0.11% | 2.55% | 25.79% | 0.97% | 2.27% | 31.31% | 35.59% | -39.14% | 19.63% | 1.11% | -1012.32% | -0.79% | 4.35% |
| Operating CF Growth % | 223.64% | 45.66% | 172.4% | -12841.04% | 875.76% | 8.67% | -2085.41% | -93.68% | -90.76% | -18.01% | 102.4% | -90.42% | 2815.55% | -6.26% | -2351.92% | 706.38% | 102.76% | 360.9% | 98.57% | 110.61% |
| Net Income | 5.11M | 92.72M | -21.65M | -27.18M | 8.04M | 75.89M | -19.32M | 66.93M | 2.79M | 125.25M | -50.67M | -24.48M | 21.72M | 97.08M | -18.27M | -71.4M | -4.14M | 12.64M | -84.28M | -119.8M |
| Depreciation & Amortization | 13.79M | 13.98M | 14.07M | 16.24M | 14.37M | 14.18M | 13.78M | 13.9M | 13.18M | 13.21M | 13.59M | 16.93M | 14.8M | 15.59M | 15.98M | 24.02M | 18.88M | 30.53M | 29.43M | 26.43M |
| Stock-Based Compensation | 0 | 10.04M | 7.29M | 5.86M | 6.25M | 9.32M | 6.26M | 4.98M | 5.45M | 0 | 12.96M | 0 | 8.02M | 8.85M | 7.41M | 0 | 10.4M | 24.17M | 19.53M | 9.71M |
| Deferred Taxes | -5.42M | 30.27M | -18.85M | 0 | 1.4M | 38.64M | -13.61M | -92.59M | 3K | 1.05M | -659K | 720K | 0 | 0 | 0 | 225K | 0 | 4.57M | -21.74M | 934K |
| Other Non-Cash Items | 7.46M | 800K | 14.18M | -3.18M | 10.7M | 1.65M | 822K | 3.87M | -451K | 8.06M | 5.02M | -3.64M | -14.55M | 3.09M | 2.26M | 64.15M | 9.13M | 16.38M | 14.02M | 9.33M |
| Working Capital Changes | 162.93M | 16.58M | 24.76M | -18.75M | 16.06M | -26.83M | -15.29M | 3.12M | -15.16M | -43.71M | 21.14M | 13.83M | 33.03M | 2.05M | -64.71M | 18.02M | -32.11M | 46.83M | 40.7M | 77.73M |
| Change in Receivables | 31.01M | -39.93M | -14.43M | 17.57M | 8.92M | 1.46M | -18.36M | 30.88M | -6.46M | -1.75M | -36.61M | 28.99M | -29.88M | -7.95M | 9.93M | 15.64M | -38.05M | -26.4M | 5.55M | 26.32M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.06M | 56.13M |
| Change in Payables | -10.53M | 13.31M | 2.17M | 0 | 50.57M | 8.26M | -64.65M | -37.04M | 37.64M | 11.41M | -41.18M | 20.12M | 23.33M | 0 | 0 | -41.26M | 10.62M | 17.61M | 191K | 1.6M |
| Cash from Investing | -10.16M | -8.49M | -6.8M | -4.31M | -3.1M | -9.59M | -6.69M | 10.25M | -9.89M | -7.24M | -55.49M | 17.04M | -9.13M | 23.43M | -1.04M | 58.5M | -10.27M | -195.56M | -136.98M | -130.48M |
| Capital Expenditures | -9.96M | -8.33M | -5.95M | -4.07M | -2.96M | -9.29M | -5.91M | -4.54M | -8.43M | -7.88M | -3.33M | -3M | -2.98M | -4.35M | -4.86M | -5.07M | -3.49M | -195.73M | -137.27M | -130.54M |
| CapEx % of Revenue | 4.05% | 1.81% | 3.76% | 2.64% | 1.22% | 2.28% | 4.26% | 2.44% | 3.69% | 1.96% | 2.34% | 2.03% | 1.48% | 1.22% | 3.32% | 2.84% | 1.8% | -1466.37% | 46.61% | 130.82% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -202K | -163K | -845K | -247K | -134K | -305K | -840K | -192K | -1.46M | 0 | -65M | 0 | -6.7M | 27.9M | 0 | -4.7M | -6.78M | 175K | 295K | 60K |
| Cash from Financing | -7.62M | -28.79M | -26.08M | -14.61M | -19.46M | -85.66M | 38.11M | -5.22M | -5.19M | -98.56M | 9.27M | -59.02M | -84.64M | -102.65M | 102.1M | -246.25M | -8.34M | -12.84M | -44.8M | 15.46M |
| Debt Issued (Net) | -7.62M | -27.62M | 12.38M | -4.06M | -4.06M | -59.06M | 50.94M | -4.06M | -4.06M | -98.66M | 73.13M | -13.93M | -5.89M | 0 | 0 | 21.16M | -1.63M | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | -25M | -1.2M | -14.69M | -25M | -12.83M | -1.16M | 0 | 512K | -51.39M | -25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -516K | 0 |
| Share Repurchases | 0 | 0 | -25M | -1.2M | -14.69M | -25M | -12.83M | -1.16M | 0 | 512K | -51.39M | -25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -1.17M | -13.46M | -9.35M | -702K | -1.6M | 0 | -1K | -1.13M | -413K | -12.47M | -20.1M | -78.75M | -102.65M | 102.1M | -267.42M | -6.71M | -12.84M | -44.28M | 15.46M |
| Net Change in Cash | 166.08M | 127.11M | -13.07M | -45.94M | 34.26M | 17.61M | 4.06M | 5.25M | -9.26M | -1.94M | -44.84M | -38.63M | -30.77M | 47.44M | 43.73M | 62.57M | -16.45M | -73.46M | -184.5M | -110.56M |
| Free Cash Flow | 173.9M | 170.34M | 13.86M | -31.08M | 53.85M | 103.57M | -33.26M | -4.32M | -2.61M | 95.97M | -1.96M | 352K | 60.03M | 122.31M | -62.18M | 29.94M | -1.33M | -60.61M | -139.61M | -126.19M |
| FCF Margin % | 70.61% | 37.04% | 8.75% | -20.16% | 22.21% | 25.42% | -23.98% | -2.32% | -1.14% | 23.83% | -1.38% | 0.24% | 29.83% | 34.37% | -42.46% | 16.79% | -0.68% | 454.05% | -47.4% | -126.47% |
| FCF Growth % | 222.95% | 64.47% | 141.65% | -618.9% | 2163.86% | 7.92% | -1600.61% | -1328.13% | -104.35% | -21.53% | 96.85% | -98.82% | 4620.03% | 301.81% | 55.46% | 123.73% | 99.26% | 61.89% | 49.4% | 24.32% |
| FCF per Share | 4.85 | 3.56 | 0.29 | -0.65 | 1.12 | 2.13 | -0.68 | -0.09 | -0.05 | 2.00 | -0.04 | 0.01 | 1.16 | 2.39 | -1.81 | 0.87 | -0.04 | -1.76 | -4.09 | -5.22 |
| FCF Conversion (FCF/Net Income) | 35.98x | 1.77x | -0.91x | 0.99x | 7.07x | 1.49x | 1.42x | 0.00x | 2.08x | 0.83x | -0.03x | -0.14x | 2.90x | 1.30x | 3.20x | -0.49x | -0.55x | 5.14x | 0.03x | -0.04x |
| Interest Paid | 0 | 0 | 0 | 10.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |