Madison Square Garden Sports Corp. reported financial results for the fourth quarter and fiscal year ended June 30, 2026. Full-year revenues increased 11% to $1,153.8 million, with operating income rising to $28.9 million. The fourth quarter saw a significant revenue jump of 37% to $278.7 million and a return to profitability, posting an operating income of $32.2 million compared to a prior-year loss. Key drivers included the New York Knicks winning the NBA Championship, higher national media rights fees, and increased per-game revenues across all categories. The company also provided progress on its proposed spin-off of the New York Rangers business, which it expects to complete by the end of October 2026. Madison Square Garden Sports Corp. operates professional sports franchises including the New York Knicks and New York Rangers.