Madison Square Garden Sports Corp Q2 2026 Earnings Call Highlights: Revenue Up 12.7%, Adjusted Operating Income Increases by 27% Year-Over-Year

Madison Square Garden Sports Corp reported Q2 2026 revenues of $403.4 million, up from $357.8 million in the prior year period. Adjusted Operating Income (AOI) was $29.7 million, a $9.4 million increase YoY. Event-related revenues rose 20% YoY to $167.2 million, while suites and sponsorship revenues increased 24% YoY to $98.5 million. National and local media rights fees decreased 4% YoY to $122.3 million. Cash balance was approximately $81 million, and debt balance was $291 million. Season ticket renewal rate was approximately 94% for the Knicks and Rangers combined.