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Madison Square Garden Entertainment Corp.

For the period ended Jun 30, 2026. Filed Aug 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Aug 12, 2026

MSGE$77.06+2.2%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

For the fiscal year ended June 30, 2026

or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to _____________

Commission File Number:001-41627

(Exact name of registrant as specified in its charter)

Nevada92-0318813
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
Two Penn Plaza,New York,NY10121
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (212) 465-6000

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common StockMSGENew York Stock Exchange

Securities registered pursuant to section 12(g) of the Act: None.

Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☑ No ☐

Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐No ☑

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☑Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☑Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☑Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☑

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐ Yes ☑ No

The aggregate market value of the voting and non-voting common equity held by non-affiliates of Madison Square Garden Entertainment Corp. computed by reference to the price at which the common equity was last sold on the New York Stock Exchange as of December 31, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, was approximately $2.10 billion.

Number of shares of common stock outstanding as of July 31, 2026:

Class A Common Stock par value $0.01 per share—40,438,480
Class B Common Stock par value $0.01 per share—6,866,754

Documents incorporated by reference — Certain information required for Part III of this report is incorporated herein by reference to the proxy statement for the 2026 annual meeting of the Company’s stockholders, expected to be filed within 120 days after the close of our fiscal year.

TABLE OF CONTENTS

Page
PART I
Item 1. Business1
Item 1A. Risk Factors10
Item 1B. Unresolved Staff Comments23
Item 1C. Cybersecurity23
Item 2. Properties24
Item 3. Legal Proceedings25
Item 4. Mine Safety Disclosures25
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities26
Item 6. [Reserved]28
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations29
Item 7A. Quantitative and Qualitative Disclosures about Market Risk44
Item 8. Financial Statements and Supplementary Data45
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure45
Item 9A. Controls and Procedures45
Item 9B. Other Information45
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections45
PART III
Item 10. Directors, Executive Officers and Corporate Governance46
Item 11. Executive Compensation46
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters46
Item 13. Certain Relationships and Related Transactions, and Director Independence46
Item 14. Principal Accountant Fees and Services46
PART IV
Item 15. Exhibits and Financial Statement Schedules47
ContentsView on SEC.gov

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