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Side-by-side financial comparison of DIODES INC (DIOD) 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 $391.6M, roughly 1.0× DIODES INC). DIODES INC runs the higher net margin — 2.6% vs 2.0%, a 0.6% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 12.8%). Madison Square Garden Sports Corp. produced more free cash flow last quarter ($31.6M vs $12.4M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs -3.1%).
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
DIOD vs MSGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $391.6M | $403.4M |
| Net Profit | $10.2M | $8.2M |
| Gross Margin | 31.1% | — |
| Operating Margin | 3.4% | 5.5% |
| Net Margin | 2.6% | 2.0% |
| Revenue YoY | 15.4% | 12.8% |
| Net Profit YoY | 23.8% | 641.9% |
| EPS (diluted) | $0.23 | $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.
| Q4 25 | $391.6M | $403.4M | ||
| Q3 25 | $392.2M | $39.5M | ||
| Q2 25 | $366.2M | $204.0M | ||
| Q1 25 | $332.1M | $424.2M | ||
| Q4 24 | $339.3M | $357.8M | ||
| Q3 24 | $350.1M | $53.3M | ||
| Q2 24 | $319.8M | $227.3M | ||
| Q1 24 | $302.0M | $430.0M |
| Q4 25 | $10.2M | $8.2M | ||
| Q3 25 | $14.3M | $-8.8M | ||
| Q2 25 | $46.1M | $-1.8M | ||
| Q1 25 | $-4.4M | $-14.2M | ||
| Q4 24 | $8.2M | $1.1M | ||
| Q3 24 | $13.7M | $-7.5M | ||
| Q2 24 | $8.0M | $25.5M | ||
| Q1 24 | $14.0M | $37.9M |
| Q4 25 | 31.1% | — | ||
| Q3 25 | 30.7% | — | ||
| Q2 25 | 31.5% | — | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 32.7% | — | ||
| Q3 24 | 33.7% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 33.0% | — |
| Q4 25 | 3.4% | 5.5% | ||
| Q3 25 | 3.0% | -69.5% | ||
| Q2 25 | 2.6% | -11.1% | ||
| Q1 25 | 0.4% | 7.6% | ||
| Q4 24 | 3.5% | 3.7% | ||
| Q3 24 | 6.2% | -15.5% | ||
| Q2 24 | 1.2% | 23.0% | ||
| Q1 24 | 4.3% | 18.5% |
| Q4 25 | 2.6% | 2.0% | ||
| Q3 25 | 3.6% | -22.3% | ||
| Q2 25 | 12.6% | -0.9% | ||
| Q1 25 | -1.3% | -3.4% | ||
| Q4 24 | 2.4% | 0.3% | ||
| Q3 24 | 3.9% | -14.1% | ||
| Q2 24 | 2.5% | 11.2% | ||
| Q1 24 | 4.6% | 8.8% |
| Q4 25 | $0.23 | $0.34 | ||
| Q3 25 | $0.31 | $-0.37 | ||
| Q2 25 | $0.99 | $-0.08 | ||
| Q1 25 | $-0.10 | $-0.59 | ||
| Q4 24 | $0.18 | $0.05 | ||
| Q3 24 | $0.30 | $-0.31 | ||
| Q2 24 | $0.17 | $1.07 | ||
| Q1 24 | $0.30 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $377.0M | $81.3M |
| Total DebtLower is stronger | $25.7M | — |
| Stockholders' EquityBook value | $1.9B | $-282.1M |
| Total Assets | $2.4B | $1.5B |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $377.0M | $81.3M | ||
| Q3 25 | $386.4M | $48.6M | ||
| Q2 25 | $327.3M | $144.6M | ||
| Q1 25 | $343.9M | $96.5M | ||
| Q4 24 | $316.1M | $107.8M | ||
| Q3 24 | $319.3M | $52.3M | ||
| Q2 24 | $273.9M | $89.1M | ||
| Q1 24 | $276.0M | $40.0M |
| Q4 25 | $25.7M | — | ||
| Q3 25 | $24.9M | — | ||
| Q2 25 | $26.4M | — | ||
| Q1 25 | $20.5M | — | ||
| Q4 24 | $20.7M | — | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | $20.3M | — | ||
| Q1 24 | $20.9M | — |
| Q4 25 | $1.9B | $-282.1M | ||
| Q3 25 | $1.9B | $-294.2M | ||
| Q2 25 | $1.9B | $-281.4M | ||
| Q1 25 | $1.8B | $-283.4M | ||
| Q4 24 | $1.8B | $-273.1M | ||
| Q3 24 | $1.8B | $-277.5M | ||
| Q2 24 | $1.8B | $-266.3M | ||
| Q1 24 | $1.7B | $-294.0M |
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $2.5B | $1.5B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.4B | $1.5B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.4B | $1.4B |
| Q4 25 | 0.01× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — | ||
| Q1 24 | 0.01× | — |
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 | $38.1M | $32.4M |
| Free Cash FlowOCF − Capex | $12.4M | $31.6M |
| FCF MarginFCF / Revenue | 3.2% | 7.8% |
| Capex IntensityCapex / Revenue | 6.6% | 0.2% |
| Cash ConversionOCF / Net Profit | 3.74× | 3.94× |
| TTM Free Cash FlowTrailing 4 quarters | $137.2M | $-480.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.1M | $32.4M | ||
| Q3 25 | $79.1M | $-85.0M | ||
| Q2 25 | $41.5M | $49.7M | ||
| Q1 25 | $56.7M | $6.3M | ||
| Q4 24 | $81.8M | $61.8M | ||
| Q3 24 | $54.4M | $-26.2M | ||
| Q2 24 | $14.4M | $108.4M | ||
| Q1 24 | $-31.1M | $4.0M |
| Q4 25 | $12.4M | $31.6M | ||
| Q3 25 | $62.8M | $-85.3M | ||
| Q2 25 | $21.1M | $49.4M | ||
| Q1 25 | $40.8M | $3.9M | ||
| Q4 24 | $62.1M | $61.2M | ||
| Q3 24 | $39.4M | $-26.5M | ||
| Q2 24 | $-3.5M | $108.0M | ||
| Q1 24 | $-51.5M | $3.9M |
| Q4 25 | 3.2% | 7.8% | ||
| Q3 25 | 16.0% | -216.3% | ||
| Q2 25 | 5.8% | 24.2% | ||
| Q1 25 | 12.3% | 0.9% | ||
| Q4 24 | 18.3% | 17.1% | ||
| Q3 24 | 11.2% | -49.7% | ||
| Q2 24 | -1.1% | 47.5% | ||
| Q1 24 | -17.1% | 0.9% |
| Q4 25 | 6.6% | 0.2% | ||
| Q3 25 | 4.2% | 0.9% | ||
| Q2 25 | 5.6% | 0.2% | ||
| Q1 25 | 4.8% | 0.6% | ||
| Q4 24 | 5.8% | 0.1% | ||
| Q3 24 | 4.3% | 0.7% | ||
| Q2 24 | 5.6% | 0.2% | ||
| Q1 24 | 6.7% | 0.0% |
| Q4 25 | 3.74× | 3.94× | ||
| Q3 25 | 5.54× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.93× | 55.61× | ||
| Q3 24 | 3.95× | — | ||
| Q2 24 | 1.80× | 4.25× | ||
| Q1 24 | -2.22× | 0.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
