\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n Three Months Ended
December 31,<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n Six Months Ended
December 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2024<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Revenues<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Revenues from entertainment offerings<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 360,453<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 318,276<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 491,763<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 433,357<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Food, beverage, and merchandise revenues<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 64,324<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 59,321<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 87,161<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 78,296<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Arena license fees and other leasing revenue<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 35,163<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 29,820<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 39,278<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 34,478<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenues<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 459,940<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 407,417<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 618,202<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 546,131<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Direct operating expenses<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Entertainment offerings, arena license fees, and other leasing direct operating expenses<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (176,062<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (164,294<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (264,620<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (250,760<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Food, beverage, and merchandise direct operating expenses<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (36,594<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (32,780<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (50,406<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (44,023<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total direct operating expenses<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (212,656<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (197,074<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (315,026<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (294,783<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Selling, general, and administrative expenses<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (68,359<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (57,189<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (124,944<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (102,935<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Depreciation and amortization<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (13,984<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (14,183<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (28,058<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (27,964<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Impairment of long-lived assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (13,782<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Restructuring (charges) credits<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (1,126<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 30<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (2,316<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 70<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Operating income<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 163,815<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 139,001<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 134,076<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 120,519<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Interest income<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 813<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 365<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,333<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 737<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Interest expense<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (10,423<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (12,955<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (21,451<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (26,998<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Other expense, net<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (673<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (1,045<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (845<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (1,814<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Income from operations before income taxes<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 153,532<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 125,366<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 113,113<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 92,444<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Income tax expense<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (60,817<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (49,473<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (42,052<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (35,872<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Net income<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 92,715<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 75,893<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 71,061<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 56,572<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Earnings per share:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Basic<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.96<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.57<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.50<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.17<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Diluted<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.94<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.56<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.49<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1.17<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Weighted-average number of shares of common stock:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Basic<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 47,413<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 48,336<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 47,447<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 48,276<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Diluted<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 47,842<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 48,611<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 47,629<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 48,543<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n MADISON SQUARE GARDEN ENTERTAINMENT CORP.
ADJUSTMENTS TO RECONCILE OPERATING INCOME (LOSS) TO
<\/b>ADJUSTED OPERATING INCOME (LOSS)
<\/b>(in thousands)
<\/b>(Unaudited)<\/b><\/p>\n The following is a description of the adjustments to operating income in arriving at adjusted operating income as described in this earnings release:<\/p>\n \n- \n
Depreciation and amortization.<\/span> This adjustment eliminates depreciation and amortization of property and equipment and intangible assets.<\/p>\n<\/li>\n- \n
Impairment of long-lived assets and related lease costs.<\/span> This adjustment eliminates the impairment of long-lived assets, including right of use assets and related lease costs.<\/p>\n<\/li>\n- \n
Share-based compensation<\/span>. This adjustment eliminates the compensation expense relating to restricted stock units and stock options granted under the Company\u2019s Employee Stock Plan and the Company\u2019s Non-Employee Director Plan.<\/p>\n<\/li>\n- \n
Restructuring charges.<\/span> This adjustment eliminates costs related to termination benefits provided to certain corporate executives and employees.<\/p>\n<\/li>\n- \n
Merger, spin-off, and acquisition-related costs.<\/span> This adjustment eliminates costs related to mergers, spin-offs and acquisitions, including merger-related litigation expenses.<\/p>\n<\/li>\n- \n
Amortization for capitalized cloud computing arrangement costs.<\/span> This adjustment eliminates amortization of capitalized cloud computing arrangement costs.<\/p>\n<\/li>\n- \n
Remeasurement of deferred compensation plan liabilities.<\/span> This adjustment eliminates the impact of gains and losses related to the remeasurement of liabilities under the executive deferred compensation plan.<\/p>\n<\/li>\n<\/ul>\n\n \n\n\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n Three Months Ended
December 31,<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n Six Months Ended
December 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n $ thousands<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2024<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Operating income<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 163,815<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 139,001<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 134,076<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 120,519<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Depreciation and amortization<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 13,984<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 14,183<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 28,058<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 27,964<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Impairment of long-lived assets and related lease costs<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,296<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 15,078<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Share-based compensation<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 10,037<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 9,322<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 17,330<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 15,584<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Restructuring charges (credits)<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,126<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (30<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2,316<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (70<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Merger, spin-off, and acquisition-related costs<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,361<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u2014<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,361<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Amortization for capitalized cloud computing arrangement costs<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 31<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 201<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 206<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 369<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Remeasurement of deferred compensation plan liabilities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 141<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (26<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 447<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 194<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Adjusted operating income<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 190,430<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 164,012<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 197,511<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 165,921<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n \n \n\n\n| \n MADISON SQUARE GARDEN ENTERTAINMENT CORP.<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n CONDENSED CONSOLIDATED BALANCE SHEETS<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n (in thousands, except per share data)<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n (Unaudited)<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n December 31,
<\/b>2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n June 30,
<\/b>2025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n ASSETS<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Current Assets:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Cash, cash equivalents, and restricted cash<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 157,577<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 43,538<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Accounts receivable, net<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 120,872<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 66,781<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Related party receivables, current<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 38,535<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 22,487<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Prepaid expenses and other current assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 103,163<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 104,326<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total current assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 420,147<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 237,132<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Non-Current Assets:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Property and equipment, net<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 607,188<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 621,075<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Right-of-use lease assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 458,257<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 484,544<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Goodwill<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 69,041<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 69,041<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Indefinite-lived intangible assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 63,801<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 63,801<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Deferred tax assets, net<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 42,666<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 54,072<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Other non-current assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 162,285<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 140,177<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total assets<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1,823,385<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1,669,842<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n LIABILITIES AND EQUITY (DEFICIT)<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Current Liabilities:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Accounts payable, accrued and other current liabilities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 227,943<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 184,360<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Related party payables, current<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 68,858<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 23,830<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Long-term debt, current<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 30,469<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 30,469<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Operating lease liabilities, current<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 41,213<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 35,100<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Deferred revenue<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 250,009<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 228,642<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total current liabilities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 618,492<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 502,401<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Non-Current Liabilities:<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Long-term debt, net of deferred financing costs<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 554,571<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 568,780<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Operating lease liabilities, non-current<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 569,241<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 566,484<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Other non-current liabilities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 45,068<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 45,477<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total liabilities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,787,372<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 1,683,142<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Commitments and contingencies<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Equity (deficit):<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Class A Common Stock (a)<\/sup><\/p>\n<\/td>\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 465<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 461<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Class B Common Stock (b)<\/sup><\/p>\n<\/td>\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 69<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 69<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Additional paid-in-capital<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 47,705<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 44,843<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Treasury stock at cost (6,106 and 5,483 shares as of December 31, 2025 and June 30, 2025, respectively)<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (205,204<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (180,204<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Retained earnings<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 224,095<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 153,034<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Accumulated other comprehensive loss<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (31,117<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (31,503<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total equity (deficit)<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 36,013<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (13,300<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total liabilities and equity (deficit)<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1,823,385<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 1,669,842<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n _________________<\/p>\n<\/td>\n<\/tr>\n | \n| \n (a)<\/sup> Class A Common Stock, $0.01 par value per share, 120,000 shares authorized; 46,513 and 46,076 shares issued as of December 31, 2025 and June 30, 2025, respectively.<\/p>\n<\/td>\n<\/tr>\n\n| \n (b)<\/sup> Class B Common Stock, $0.01 par value per share, 30,000 shares authorized; 6,867 shares issued as of December 31, 2025 and June 30, 2025.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n\n \n\n\n| \n MADISON SQUARE GARDEN ENTERTAINMENT CORP.<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n SELECTED CASH FLOW INFORMATION<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n (in thousands)<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n (Unaudited)<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n Six Months Ended<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n December 31,<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n Net cash provided by operating activities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 184,194<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 85,499<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Net cash used in investing activities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (15,290<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (16,282<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Net cash used in financing activities<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (54,865<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n (47,553<\/p>\n<\/td>\n | \n )<\/p>\n<\/td>\n<\/tr>\n | \n| \n Net increase in cash, cash equivalents, and restricted cash<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 114,039<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 21,664<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Cash, cash equivalents, and restricted cash, beginning of period<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 43,538<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n 33,555<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| \n Cash, cash equivalents, and restricted cash, end of period<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 157,577<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n | \n $<\/p>\n<\/td>\n | \n 55,219<\/p>\n<\/td>\n | \n \u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n \u00a0<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260203742653\/en\/<\/a><\/span><\/p>\nContacts<\/b><\/p>\n Ari Danes, CFA
Senior Vice President, Investor Relations & Treasury
Madison Square Garden Entertainment Corp.
(212) 465-6072<\/p>\n Grace Kaminer
Vice President, Investor Relations & Treasury
Madison Square Garden Entertainment Corp.
(212) 631-5076<\/p>\n Sarah Rothschild
Senior Director, Investor Relations & Treasury
Madison Square Garden Entertainment Corp.
(212) 631-5345<\/p>\n<\/p><\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source finance.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Christmas Spectacular Production Achieves Record-Setting Revenues in 92nd Holiday Season Over 1.2 Million Tickets Sold, Marking the Production\u2019s Highest Level of Attendance in 25 Years NEW YORK, February 03, 2026–(BUSINESS WIRE)–Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial results for the fiscal second quarter ended December 31, 2025. […]<\/p>\n","protected":false},"author":2,"featured_media":2264636,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[306299,335908,345485,407891,370190,307796,407890],"class_list":["post-2264635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-madison-square-garden","tag-msg-entertainment","tag-new-york-knicks","tag-new-york-rangers","tag-operating-income","tag-the-company","tag-the-garden"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Madison-Square-Garden-Entertainment-Corp-Reports-Fiscal-2026-Second-Quarter.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2264635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2264635"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2264635\/revisions"}],"predecessor-version":[{"id":2264637,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2264635\/revisions\/2264637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2264636"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2264635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2264635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2264635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | | | | | | | | | | | | | | | |