vs
Side-by-side financial comparison of ACUITY INC. (DE) (AYI) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
ACUITY INC. (DE) is the larger business by last-quarter revenue ($1.1B vs $822.5M, roughly 1.4× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 10.5%, a 24.1% gap on every dollar of revenue. On growth, ACUITY INC. (DE) posted the faster year-over-year revenue change (20.2% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $114.8M). Over the past eight quarters, ACUITY INC. (DE)'s revenue compounded faster (12.4% CAGR vs 10.0%).
Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
AYI vs MSCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $822.5M |
| Net Profit | $120.5M | $284.7M |
| Gross Margin | 48.4% | — |
| Operating Margin | 14.0% | 56.4% |
| Net Margin | 10.5% | 34.6% |
| Revenue YoY | 20.2% | 10.6% |
| Net Profit YoY | 12.9% | -6.8% |
| EPS (diluted) | $3.82 | $3.81 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.1B | $822.5M | ||
| Q3 25 | $1.2B | $793.4M | ||
| Q2 25 | $1.2B | $772.7M | ||
| Q1 25 | $1.0B | $745.8M | ||
| Q4 24 | $951.6M | $743.5M | ||
| Q3 24 | $1.0B | $724.7M | ||
| Q2 24 | $968.1M | $707.9M | ||
| Q1 24 | $905.9M | $680.0M |
| Q4 25 | $120.5M | $284.7M | ||
| Q3 25 | $114.0M | $325.4M | ||
| Q2 25 | $98.4M | $303.6M | ||
| Q1 25 | $77.5M | $288.6M | ||
| Q4 24 | $106.7M | $305.5M | ||
| Q3 24 | $118.9M | $280.9M | ||
| Q2 24 | $113.9M | $266.8M | ||
| Q1 24 | $89.2M | $256.0M |
| Q4 25 | 48.4% | — | ||
| Q3 25 | 48.9% | — | ||
| Q2 25 | 48.4% | — | ||
| Q1 25 | 46.5% | — | ||
| Q4 24 | 47.2% | — | ||
| Q3 24 | 47.3% | — | ||
| Q2 24 | 46.7% | — | ||
| Q1 24 | 45.5% | — |
| Q4 25 | 14.0% | 56.4% | ||
| Q3 25 | 14.9% | 56.4% | ||
| Q2 25 | 11.9% | 55.0% | ||
| Q1 25 | 11.0% | 50.6% | ||
| Q4 24 | 14.0% | 54.5% | ||
| Q3 24 | 15.2% | 55.4% | ||
| Q2 24 | 15.0% | 54.0% | ||
| Q1 24 | 13.0% | 49.9% |
| Q4 25 | 10.5% | 34.6% | ||
| Q3 25 | 9.4% | 41.0% | ||
| Q2 25 | 8.3% | 39.3% | ||
| Q1 25 | 7.7% | 38.7% | ||
| Q4 24 | 11.2% | 41.1% | ||
| Q3 24 | 11.5% | 38.8% | ||
| Q2 24 | 11.8% | 37.7% | ||
| Q1 24 | 9.8% | 37.6% |
| Q4 25 | $3.82 | $3.81 | ||
| Q3 25 | $3.61 | $4.25 | ||
| Q2 25 | $3.12 | $3.92 | ||
| Q1 25 | $2.45 | $3.71 | ||
| Q4 24 | $3.35 | $3.89 | ||
| Q3 24 | $3.77 | $3.57 | ||
| Q2 24 | $3.62 | $3.37 | ||
| Q1 24 | $2.84 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $376.1M | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $2.8B | $-2.7B |
| Total Assets | $4.7B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.1M | $515.3M | ||
| Q3 25 | $422.5M | $400.1M | ||
| Q2 25 | $371.8M | $347.3M | ||
| Q1 25 | $397.9M | $360.7M | ||
| Q4 24 | $935.6M | $409.4M | ||
| Q3 24 | $845.8M | $501.0M | ||
| Q2 24 | $699.0M | $451.4M | ||
| Q1 24 | $578.9M | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $2.8B | $-2.7B | ||
| Q3 25 | $2.7B | $-1.9B | ||
| Q2 25 | $2.6B | $-886.2M | ||
| Q1 25 | $2.5B | $-958.6M | ||
| Q4 24 | $2.5B | $-940.0M | ||
| Q3 24 | $2.4B | $-751.0M | ||
| Q2 24 | $2.3B | $-734.5M | ||
| Q1 24 | $2.1B | $-650.5M |
| Q4 25 | $4.7B | $5.7B | ||
| Q3 25 | $4.8B | $5.4B | ||
| Q2 25 | $4.6B | $5.4B | ||
| Q1 25 | $4.6B | $5.3B | ||
| Q4 24 | $3.9B | $5.4B | ||
| Q3 24 | $3.8B | $5.4B | ||
| Q2 24 | $3.6B | $5.5B | ||
| Q1 24 | $3.5B | $5.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $140.8M | $501.1M |
| Free Cash FlowOCF − Capex | $114.8M | $488.7M |
| FCF MarginFCF / Revenue | 10.0% | 59.4% |
| Capex IntensityCapex / Revenue | 2.3% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.17× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $534.5M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $140.8M | $501.1M | ||
| Q3 25 | $202.5M | $449.4M | ||
| Q2 25 | $207.3M | $336.1M | ||
| Q1 25 | $59.4M | $301.7M | ||
| Q4 24 | $132.2M | $430.6M | ||
| Q3 24 | $174.1M | $421.6M | ||
| Q2 24 | $152.5M | $349.2M | ||
| Q1 24 | $102.6M | $300.1M |
| Q4 25 | $114.8M | $488.7M | ||
| Q3 25 | $177.7M | $445.5M | ||
| Q2 25 | $192.3M | $324.7M | ||
| Q1 25 | $49.7M | $290.2M | ||
| Q4 24 | $113.3M | $416.4M | ||
| Q3 24 | $151.1M | $415.0M | ||
| Q2 24 | $140.5M | $340.6M | ||
| Q1 24 | $88.2M | $295.9M |
| Q4 25 | 10.0% | 59.4% | ||
| Q3 25 | 14.7% | 56.2% | ||
| Q2 25 | 16.3% | 42.0% | ||
| Q1 25 | 4.9% | 38.9% | ||
| Q4 24 | 11.9% | 56.0% | ||
| Q3 24 | 14.6% | 57.3% | ||
| Q2 24 | 14.5% | 48.1% | ||
| Q1 24 | 9.7% | 43.5% |
| Q4 25 | 2.3% | 1.5% | ||
| Q3 25 | 2.1% | 0.5% | ||
| Q2 25 | 1.3% | 1.5% | ||
| Q1 25 | 1.0% | 1.5% | ||
| Q4 24 | 2.0% | 1.9% | ||
| Q3 24 | 2.2% | 0.9% | ||
| Q2 24 | 1.2% | 1.2% | ||
| Q1 24 | 1.6% | 0.6% |
| Q4 25 | 1.17× | 1.76× | ||
| Q3 25 | 1.78× | 1.38× | ||
| Q2 25 | 2.11× | 1.11× | ||
| Q1 25 | 0.77× | 1.05× | ||
| Q4 24 | 1.24× | 1.41× | ||
| Q3 24 | 1.46× | 1.50× | ||
| Q2 24 | 1.34× | 1.31× | ||
| Q1 24 | 1.15× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AYI
| Sales Channel Through Independent Sales Network | $616.7M | 54% |
| Acuity Intelligent Spaces | $248.1M | 22% |
| QSCLLC | $95.1M | 8% |
| Sales Channel Through Direct Sales Network | $70.6M | 6% |
| Sales Channel Through Original Equipment Manufacturer And Other | $49.1M | 4% |
| Sales Channel Through Corporate Accounts Network | $40.7M | 4% |
| Sales Channel Through Retail | $40.3M | 4% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
