vs

Side-by-side financial comparison of CROSS COUNTRY HEALTHCARE INC (CCRN) and Madison Square Garden Sports Corp. (MSGS). Click either name above to swap in a different company.

Madison Square Garden Sports Corp. is the larger business by last-quarter revenue ($403.4M vs $236.8M, roughly 1.7× CROSS COUNTRY HEALTHCARE INC). Madison Square Garden Sports Corp. runs the higher net margin — 2.0% vs -35.0%, a 37.1% gap on every dollar of revenue. On growth, Madison Square Garden Sports Corp. posted the faster year-over-year revenue change (12.8% vs -23.6%). Madison Square Garden Sports Corp. produced more free cash flow last quarter ($31.6M vs $16.1M). Over the past eight quarters, Madison Square Garden Sports Corp.'s revenue compounded faster (-3.1% CAGR vs -21.0%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

Madison Square Garden Sports Corp. is an American sports holding company based in New York City.

CCRN vs MSGS — Head-to-Head

Bigger by revenue
MSGS
MSGS
1.7× larger
MSGS
$403.4M
$236.8M
CCRN
Growing faster (revenue YoY)
MSGS
MSGS
+36.4% gap
MSGS
12.8%
-23.6%
CCRN
Higher net margin
MSGS
MSGS
37.1% more per $
MSGS
2.0%
-35.0%
CCRN
More free cash flow
MSGS
MSGS
$15.5M more FCF
MSGS
$31.6M
$16.1M
CCRN
Faster 2-yr revenue CAGR
MSGS
MSGS
Annualised
MSGS
-3.1%
-21.0%
CCRN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CCRN
CCRN
MSGS
MSGS
Revenue
$236.8M
$403.4M
Net Profit
$-82.9M
$8.2M
Gross Margin
Operating Margin
-30.2%
5.5%
Net Margin
-35.0%
2.0%
Revenue YoY
-23.6%
12.8%
Net Profit YoY
-2109.7%
641.9%
EPS (diluted)
$-2.56
$0.34

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.

Revenue
CCRN
CCRN
MSGS
MSGS
Q4 25
$236.8M
$403.4M
Q3 25
$250.1M
$39.5M
Q2 25
$274.1M
$204.0M
Q1 25
$293.4M
$424.2M
Q4 24
$309.9M
$357.8M
Q3 24
$315.1M
$53.3M
Q2 24
$339.8M
$227.3M
Q1 24
$379.2M
$430.0M
Net Profit
CCRN
CCRN
MSGS
MSGS
Q4 25
$-82.9M
$8.2M
Q3 25
$-4.8M
$-8.8M
Q2 25
$-6.7M
$-1.8M
Q1 25
$-490.0K
$-14.2M
Q4 24
$-3.8M
$1.1M
Q3 24
$2.6M
$-7.5M
Q2 24
$-16.1M
$25.5M
Q1 24
$2.7M
$37.9M
Gross Margin
CCRN
CCRN
MSGS
MSGS
Q4 25
Q3 25
20.4%
Q2 25
20.4%
Q1 25
20.0%
Q4 24
Q3 24
20.4%
Q2 24
20.8%
Q1 24
20.4%
Operating Margin
CCRN
CCRN
MSGS
MSGS
Q4 25
-30.2%
5.5%
Q3 25
-2.4%
-69.5%
Q2 25
-2.1%
-11.1%
Q1 25
-0.3%
7.6%
Q4 24
-1.1%
3.7%
Q3 24
0.9%
-15.5%
Q2 24
-5.7%
23.0%
Q1 24
0.8%
18.5%
Net Margin
CCRN
CCRN
MSGS
MSGS
Q4 25
-35.0%
2.0%
Q3 25
-1.9%
-22.3%
Q2 25
-2.4%
-0.9%
Q1 25
-0.2%
-3.4%
Q4 24
-1.2%
0.3%
Q3 24
0.8%
-14.1%
Q2 24
-4.7%
11.2%
Q1 24
0.7%
8.8%
EPS (diluted)
CCRN
CCRN
MSGS
MSGS
Q4 25
$-2.56
$0.34
Q3 25
$-0.15
$-0.37
Q2 25
$-0.20
$-0.08
Q1 25
$-0.02
$-0.59
Q4 24
$-0.13
$0.05
Q3 24
$0.08
$-0.31
Q2 24
$-0.47
$1.07
Q1 24
$0.08
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCRN
CCRN
MSGS
MSGS
Cash + ST InvestmentsLiquidity on hand
$108.7M
$81.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$322.8M
$-282.1M
Total Assets
$449.0M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCRN
CCRN
MSGS
MSGS
Q4 25
$108.7M
$81.3M
Q3 25
$99.1M
$48.6M
Q2 25
$81.2M
$144.6M
Q1 25
$80.7M
$96.5M
Q4 24
$81.6M
$107.8M
Q3 24
$64.0M
$52.3M
Q2 24
$69.6M
$89.1M
Q1 24
$5.2M
$40.0M
Stockholders' Equity
CCRN
CCRN
MSGS
MSGS
Q4 25
$322.8M
$-282.1M
Q3 25
$408.1M
$-294.2M
Q2 25
$412.2M
$-281.4M
Q1 25
$418.2M
$-283.4M
Q4 24
$419.0M
$-273.1M
Q3 24
$424.7M
$-277.5M
Q2 24
$433.3M
$-266.3M
Q1 24
$462.4M
$-294.0M
Total Assets
CCRN
CCRN
MSGS
MSGS
Q4 25
$449.0M
$1.5B
Q3 25
$538.2M
$1.5B
Q2 25
$553.8M
$1.5B
Q1 25
$576.2M
$1.5B
Q4 24
$589.3M
$1.4B
Q3 24
$597.4M
$1.4B
Q2 24
$602.9M
$1.3B
Q1 24
$648.4M
$1.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCRN
CCRN
MSGS
MSGS
Operating Cash FlowLast quarter
$18.2M
$32.4M
Free Cash FlowOCF − Capex
$16.1M
$31.6M
FCF MarginFCF / Revenue
6.8%
7.8%
Capex IntensityCapex / Revenue
0.9%
0.2%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$-480.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCRN
CCRN
MSGS
MSGS
Q4 25
$18.2M
$32.4M
Q3 25
$20.1M
$-85.0M
Q2 25
$4.2M
$49.7M
Q1 25
$5.7M
$6.3M
Q4 24
$24.2M
$61.8M
Q3 24
$7.5M
$-26.2M
Q2 24
$82.4M
$108.4M
Q1 24
$6.0M
$4.0M
Free Cash Flow
CCRN
CCRN
MSGS
MSGS
Q4 25
$16.1M
$31.6M
Q3 25
$17.9M
$-85.3M
Q2 25
$2.3M
$49.4M
Q1 25
$3.8M
$3.9M
Q4 24
$21.7M
$61.2M
Q3 24
$6.3M
$-26.5M
Q2 24
$79.6M
$108.0M
Q1 24
$3.8M
$3.9M
FCF Margin
CCRN
CCRN
MSGS
MSGS
Q4 25
6.8%
7.8%
Q3 25
7.2%
-216.3%
Q2 25
0.8%
24.2%
Q1 25
1.3%
0.9%
Q4 24
7.0%
17.1%
Q3 24
2.0%
-49.7%
Q2 24
23.4%
47.5%
Q1 24
1.0%
0.9%
Capex Intensity
CCRN
CCRN
MSGS
MSGS
Q4 25
0.9%
0.2%
Q3 25
0.9%
0.9%
Q2 25
0.7%
0.2%
Q1 25
0.6%
0.6%
Q4 24
0.8%
0.1%
Q3 24
0.4%
0.7%
Q2 24
0.8%
0.2%
Q1 24
0.6%
0.0%
Cash Conversion
CCRN
CCRN
MSGS
MSGS
Q4 25
3.94×
Q3 25
Q2 25
Q1 25
Q4 24
55.61×
Q3 24
2.92×
Q2 24
4.25×
Q1 24
2.23×
0.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCRN
CCRN

Temporary Staffing Services$189.6M80%
Physician Staffing$42.5M18%
Other Services$4.7M2%

MSGS
MSGS

Event Related$167.2M41%
Media Rights$122.3M30%
Sponsorship Signage And Suite Licenses$98.5M24%
League Distribution$15.4M4%

Related Comparisons