How did MSGS's revenue and expenses shift in Q2 2025 compared to previous quarters?

Madison Square Garden Sports (MSGS) experienced a significant increase in revenue and a notable improvement in net income in Q2 2025 compared to the previous quarter, Q1 2025.

1. **Revenue Shift**:
- MSGS's revenue for Q2 2025 was $429.95 million.
- The previous quarter, Q1 2025, reported $382.74 million in revenue.
- This indicates a seasonal uptick or a recovery in revenue generation, as the current quarter's revenue is higher than the immediate prior quarter's revenue.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|MSGS|MSGS.N|Madison Square Garden Sports|2021 Q3|-31.618534474705847|1.8301E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2021 Q4|2210.6609195402298|1.46902E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q1|-67.05003681756023|1.8794E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q2|906.5030760140419|2.89581E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q3|84.56587071744714|3.37774E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q4|19.2665858871901|1.75205E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q1|28.173885282536983|2.4089E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q2|22.139919400789417|3.53694E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q3|13.313635744610302|3.82744E8|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q4|-27.55914500156959|1.2692E8|169|

2. **Net Income Shift**:
- MSGS's net income for Q2 2025 was $49.16 million.
- The previous quarter, Q1 2025, reported a net income of $26.65 million.
- This substantial increase in net income suggests that the company's profitability has significantly improved, potentially due to factors such as increased revenue, cost management, or both.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MSGS|MSGS.N|Madison Square Garden Sports|2021 Q3|103.61178455474742|5095000|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2021 Q4|161.8470055359839|4.9156E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q1|41.805962433224195|-1.6885E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q2|136.9484355626869|1.5198E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q3|369.46025515210994|2.3919E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2022 Q4|-45.78891691756856|2.6648E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q1|-9.724607639917087|-1.8527E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q2|43.67679957889196|2.1836E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q3|116.6185877336009|5.1813E7|169|
|MSGS|MSGS.N|Madison Square Garden Sports|2023 Q4|-135.62743920744524|-9494000|169|

The data indicates that MSGS has seen a positive shift in both revenue and net income in Q2 2025 compared to Q1 2025, which could be indicative of improved financial performance and operational efficiency during this period.