Madison Square Garden Entertainment Corp.'s SEC filings document its NYSE-listed Class A common stock, Nevada corporate status, quarterly earnings releases furnished on Form 8-K, and governance matters for a live entertainment company with major venue operations. The filings record material-event disclosures for operating results, officer appointments, employment agreements and changes in legal or accounting leadership.
Proxy and annual-meeting materials describe director elections, executive compensation, shareholder voting results and the company's dual-class voting structure, with Class A stockholders holding one vote per share and Class B stockholders holding ten votes per share. These disclosures frame MSGE's public reporting around venue-based entertainment economics, board composition, compensation arrangements and capital-security details.
Madison Square Garden Entertainment Corp. (MSGE) reported first-quarter fiscal 2027 revenue of $217.1 million for the three months ended September 30, 2026, up 37% from $158.3 million a year earlier. Operating income was $9.7 million versus an operating loss of $29.7 million; net income was $8.9 million versus a net loss of $21.7 million.
Entertainment offerings revenue was $174.9 million; increases were attributed mainly to more concerts at The Garden and higher per-concert revenue, along with more other live events. Adjusted operating income, a non-GAAP measure, was $34.3 million versus $7.1 million. Operating activities used $26.2 million of cash, compared with $19.8 million provided a year earlier.
At September 30, unrestricted cash and cash equivalents were $193.7 million, principal debt was $571.3 million, and $131.8 million remained available under the revolving credit facility. MSGE repurchased 314,000 Class A shares for $25.0 million during the quarter, with $19.8 million remaining under its program. On October 26, 2026, Madison Square Garden Sports Corp. distributed MSG Rangers Corp. shares to stockholders and changed its name to MSG Knickerbockers Corp.; MSG Knicks assigned several agreements with MSGE to MSG Rangers.
Madison Square Garden Entertainment Corp. reported fiscal 2027 first-quarter revenue of $217.1 million, up $58.9 million, or 37%, from the prior-year quarter. Operating income was $9.7 million, compared with a $29.7 million loss, and adjusted operating income was $34.3 million, versus $7.1 million; reported increases were $39.5 million and $27.2 million, respectively.
Net cash used in operating activities was $26.200 million, compared with $19.808 million provided a year earlier. Cash, cash equivalents and restricted cash were $194.212 million at September 30, 2026, versus $294.158 million at June 30, 2026. The company repurchased approximately $25 million of Class A common stock during the quarter; repurchases since its 2023 spin-off totaled approximately $230 million.
The quarter set a record for concerts at Madison Square Garden Arena. The Christmas Spectacular was set to begin its 2026 holiday season on November 4, 2026, with 231 planned performances, compared with 215 in fiscal 2026. Management expects live entertainment offerings to continue benefiting from healthy demand and said it remains well positioned to drive robust revenue and adjusted operating income growth this fiscal year.
Madison Square Garden Entertainment Corp. (MSGE) disclosed overlapping leadership and board roles with Sphere Entertainment, MSG Knickerbockers, MSG Rangers and AMC Global Media, and identified potential conflicts related to corporate opportunities and commercial arrangements. James L. Dolan is MSGE’s Executive Chairman and Chief Executive Officer and holds those roles at Sphere Entertainment, MSG Knickerbockers and MSG Rangers, as well as Non-Executive Chairman at AMC Global Media. Allen Lo is MSGE’s Executive Vice President and Chief Legal Officer and holds the same roles at Sphere Entertainment.
MSGE’s articles of incorporation state that covered persons generally will not be liable to MSGE for directing certain corporate opportunities to Sphere Entertainment, MSG Knickerbockers or AMC Global Media instead of MSGE, or not referring them to MSGE, subject to limited exceptions for restricted opportunities when MSGE is directly engaged in that business. The provisions also validate certain intercompany arrangements and transactions. After the MSG Rangers distribution, MSGE’s board adopted an overlap policy extending these provisions to MSGE directors and officers serving MSG Rangers or its subsidiaries. Mark Cresitello signed as Senior Vice President, Deputy General Counsel and Secretary.
Madison Square Garden Entertainment Corp. (MSGE) is asking stockholders to elect 12 directors, ratify Deloitte & Touche LLP as its independent registered public accounting firm for the fiscal year ending June 30, 2027, and cast an advisory vote on named executive officer compensation; the Board recommends FOR each. The virtual annual meeting is December 10, 2026, at 10:00 a.m. Eastern Time, and October 16, 2026 is the voting record date.
Three nominees are elected by Class A holders and nine by Class B holders; if elected, Class A directors will represent 25% of the Board. Each Class A share has one vote and each Class B share has ten. The Dolan Family Group owns all Class B shares and can elect all nine Class B directors and approve the auditor and compensation proposals regardless of other votes. For fiscal 2026, annual cash incentives were initially funded on adjusted operating income, with business-unit strategic objectives able to modify the pool within a specified range. Performance stock units were tied equally to Total Company Net Revenue and business-unit adjusted operating income; they cliff-vest after three years if targets measured in the final year are achieved.
Madison Square Garden Entertainment Corp. reports Josephine Vaccarello, President, MSG Entertainment, as an officer effective September 21, 2026. As of that date, she directly held 17,499 shares of Class A Common Stock. Her reported restricted stock unit positions represent 2,661, 5,442, 381 and 4,368 underlying shares, with grant-specific vesting and settlement scheduled through September 15, 2029.
Madison Square Garden Entertainment Corp. (MSGE) executive Allen M. Lo, EVP & Chief Legal Officer, reported the vesting and settlement of 9,059 restricted stock units (RSUs) into Class A Common Stock on September 15, 2026, from an April 14, 2026 grant. In connection with this vesting, 4,502 shares of Class A Common Stock were delivered or withheld to satisfy tax withholding obligations. Following the transaction, 18,121 RSUs remain outstanding, scheduled to vest in equal installments on September 15, 2027 and September 15, 2028. No Rule 10b5-1 trading plan is reported.
Madison Square Garden Entertainment Corp. (MSGE) reported that Executive Chairman & CEO James L. Dolan exercised and settled several equity awards on September 15, 2026. Restricted stock units granted in 2023–2025 converted into 31,134, 36,904 and 37,739 shares of Class A Common Stock as their scheduled tranches vested, and performance RSUs granted in 2023 converted into 99,565 shares after satisfaction of performance conditions. To cover related tax withholding obligations, 58,493 and 55,059 shares were withheld, as described as exempt under Rule 16b-3. The filing also notes indirect holdings of 26,320 shares by his spouse and 746 shares by minor children and household members, for which Mr. Dolan disclaims beneficial ownership except to the extent of any direct pecuniary interest.
Madison Square Garden Entertainment Corp. (MSGE) reported that EVP and CFO David J. Collins had previously granted restricted stock units vest and convert into Class A Common Stock on September 15, 2026. RSUs covering 4,782 and 3,072 shares vested and were settled into MSGE Class A shares, and 3,820 shares were withheld to satisfy tax withholding obligations related to these vestings. No open-market purchases or sales are reported, and no Rule 10b5-1 trading plan is indicated.
Madison Square Garden Entertainment Corp. (MSGE) reported that officer Alexander Shvartsman exercised 283 Restricted Stock Units into 283 shares of Class A Common Stock on September 15, 2026, as part of a scheduled RSU vesting. Of these, 102 shares were withheld at $80.89 per share to cover tax withholding obligations. Following the RSU exercise, Shvartsman holds 566 RSUs directly, with additional tranches scheduled to vest and settle on September 15, 2027 and September 15, 2028. No Rule 10b5‑1 trading plan is reported for these transactions.
Madison Square Garden Entertainment Corp. (MSGE) reported that EVP and Treasurer Philip Gerard D'Ambrosio exercised or settled 38,291 stock-based units into Class A Common Stock on September 15, 2026, including RSUs and performance RSUs granted under the 2023 Employee Stock Plan.
On the same date, 19,113 shares of Class A Common Stock were withheld to satisfy tax withholding obligations related to these vestings. A remaining 125 shares are reported as held indirectly by his daughter, with D'Ambrosio disclaiming beneficial ownership of securities held by his children. No Rule 10b5-1 trading plan is reported.