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Walt Disney vs Madison Square Garden Sports: revenue, profit, margins and growth compared

Walt Disney brought in $94.4B of revenue in fiscal 2025, Madison Square Garden Sports $1.2B in fiscal 2026. Revenue changed by +3.4% at Walt Disney and +11.0% at Madison Square Garden Sports on the year before, so Madison Square Garden Sports grew faster. Walt Disney kept 13.1% of its revenue as net profit, Madison Square Garden Sports 0.7%. Free cash flow was $10.1B at Walt Disney and $61.3M at Madison Square Garden Sports.

Side by side, latest fiscal year

DISMSGS
Fiscal year endedFY2025 (September 27, 2025)FY2026 (June 30, 2026)
Revenue$94.4B$1.2B
Revenue growth+3.4%+11.0%
Net income$12.4B$7.8M
Net margin13.1%0.7%
Free cash flow$10.1B$61.3M
Free cash flow margin10.7%5.3%
Earnings per share (diluted)$6.85$0.32
Cash$5.7B$164.5M
Debt$42B$242M
Price to earnings15.51258.9
Market value$183.3B$9.7B
Dividend yieldn/a1.74%
Rank by revenue in sector#7 of 778 · Consumer discretionary#441 of 778 · Consumer discretionary

Over the years

Revenue
DIS FY2019: $59.4BDIS FY2019: $69.6BDIS FY2020: $65.4BDIS FY2021: $67.4BDIS FY2022: $82.7BDIS FY2023: $88.9BDIS FY2024: $91.4BDIS FY2025: $94.4BMSGS FY2019: $1.6BMSGS FY2020: $603.3MMSGS FY2021: $415.7MMSGS FY2022: $821.4MMSGS FY2023: $887.4MMSGS FY2024: $1BMSGS FY2025: $1BMSGS FY2026: $1.2BFY19FY20FY21FY22FY23FY24FY25FY26
DIS $94.4BMSGS $1.2B
Net income
DIS FY2019: $12.6BDIS FY2019: $11.1BDIS FY2020: -$2.9BDIS FY2021: $2BDIS FY2022: $3.1BDIS FY2023: $2.4BDIS FY2024: $5BDIS FY2025: $12.4BMSGS FY2019: $11.4MMSGS FY2020: -$182.4MMSGS FY2021: -$14MMSGS FY2022: $51.1MMSGS FY2023: $47.8MMSGS FY2024: $58.8MMSGS FY2025: -$22.4MMSGS FY2026: $7.8MFY19FY20FY21FY22FY23FY24FY25FY26
DIS $12.4BMSGS $7.8M
Net margin
DIS FY2019: 21.2%DIS FY2019: 15.9%DIS FY2020: -4.4%DIS FY2021: 3.0%DIS FY2022: 3.8%DIS FY2023: 2.6%DIS FY2024: 5.4%DIS FY2025: 13.1%MSGS FY2019: 0.7%MSGS FY2020: -30.2%MSGS FY2021: -3.4%MSGS FY2022: 6.2%MSGS FY2023: 5.4%MSGS FY2024: 5.7%MSGS FY2025: -2.2%MSGS FY2026: 0.7%FY19FY20FY21FY22FY23FY24FY25FY26
DIS 13.1%MSGS 0.7%
Revenue growth
DIS FY2019: +17.1%DIS FY2020: -6.1%DIS FY2021: +3.1%DIS FY2022: +22.7%DIS FY2023: +7.5%DIS FY2024: +2.8%DIS FY2025: +3.4%MSGS FY2020: -63.0%MSGS FY2021: -31.1%MSGS FY2022: +97.6%MSGS FY2023: +8.0%MSGS FY2024: +15.7%MSGS FY2025: +1.2%MSGS FY2026: +11.0%FY19FY20FY21FY22FY23FY24FY25FY26
DIS +3.4%MSGS +11.0%
Free cash flow
DIS FY2019: $9.8BDIS FY2019: $1.1BDIS FY2020: $3.6BDIS FY2021: $2BDIS FY2022: $1.1BDIS FY2023: $4.9BDIS FY2024: $8.6BDIS FY2025: $10.1BMSGS FY2019: -$27.6MMSGS FY2020: -$358.9MMSGS FY2021: -$35.8MMSGS FY2022: $177.1MMSGS FY2023: $151.3MMSGS FY2024: $90.7MMSGS FY2025: $88MMSGS FY2026: $61.3MFY19FY20FY21FY22FY23FY24FY25FY26
DIS $10.1BMSGS $61.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Walt Disney and Madison Square Garden Sports

Which is bigger by revenue, Walt Disney or Madison Square Garden Sports?

Walt Disney is bigger by revenue: $94.4B in fiscal 2025, against $1.2B for Madison Square Garden Sports in fiscal 2026.

Which keeps more of its revenue as profit, Walt Disney or Madison Square Garden Sports?

Walt Disney had a net margin of 13.1% in fiscal 2025; Madison Square Garden Sports had 0.7% in fiscal 2026.

Which grew revenue faster, Walt Disney or Madison Square Garden Sports?

In their latest fiscal years revenue changed by +3.4% at Walt Disney and +11.0% at Madison Square Garden Sports.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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