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Side-by-side financial comparison of FinVolution Group (FINV) and Madison Square Garden Entertainment Corp. (MSGE). Click either name above to swap in a different company.
FinVolution Group is the larger business by last-quarter revenue ($479.7M vs $424.8M, roughly 1.1× Madison Square Garden Entertainment Corp.). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs 21.2%, a 0.6% gap on every dollar of revenue.
Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
FINV vs MSGE — Head-to-Head
Income Statement — Q1 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $479.7M | $424.8M |
| Net Profit | $101.7M | $92.7M |
| Gross Margin | — | — |
| Operating Margin | 44.6% | 38.6% |
| Net Margin | 21.2% | 21.8% |
| Revenue YoY | — | 12.5% |
| Net Profit YoY | — | 22.2% |
| EPS (diluted) | — | $1.94 |
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 | — | $424.8M | ||
| Q3 25 | — | $154.1M | ||
| Q2 25 | — | $145.1M | ||
| Q1 25 | $479.7M | $206.0M | ||
| Q4 24 | — | $377.6M | ||
| Q3 24 | — | $134.1M | ||
| Q2 24 | — | $177.6M | ||
| Q1 24 | — | $191.6M |
| Q4 25 | — | $92.7M | ||
| Q3 25 | — | $-21.7M | ||
| Q2 25 | — | $-27.2M | ||
| Q1 25 | $101.7M | $8.0M | ||
| Q4 24 | — | $75.9M | ||
| Q3 24 | — | $-19.3M | ||
| Q2 24 | — | $66.9M | ||
| Q1 24 | — | $2.8M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | -19.3% | ||
| Q2 25 | — | -17.7% | ||
| Q1 25 | 44.6% | 13.3% | ||
| Q4 24 | — | 36.8% | ||
| Q3 24 | — | -13.8% | ||
| Q2 24 | — | -5.0% | ||
| Q1 24 | — | 8.8% |
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | -14.0% | ||
| Q2 25 | — | -18.7% | ||
| Q1 25 | 21.2% | 3.9% | ||
| Q4 24 | — | 20.1% | ||
| Q3 24 | — | -14.4% | ||
| Q2 24 | — | 37.7% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | $1.94 | ||
| Q3 25 | — | $-0.46 | ||
| Q2 25 | — | $-0.56 | ||
| Q1 25 | — | $0.17 | ||
| Q4 24 | — | $1.56 | ||
| Q3 24 | — | $-0.40 | ||
| Q2 24 | — | $1.32 | ||
| Q1 24 | — | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $745.0M | $157.1M |
| Total DebtLower is stronger | — | $554.6M |
| Stockholders' EquityBook value | — | $36.0M |
| Total Assets | $3.4B | $1.8B |
| Debt / EquityLower = less leverage | — | 15.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $157.1M | ||
| Q3 25 | — | $29.9M | ||
| Q2 25 | — | $43.0M | ||
| Q1 25 | $745.0M | $89.0M | ||
| Q4 24 | — | $54.9M | ||
| Q3 24 | — | $37.3M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | — | $28.0M |
| Q4 25 | — | $554.6M | ||
| Q3 25 | — | $581.7M | ||
| Q2 25 | — | $568.8M | ||
| Q1 25 | — | $577.4M | ||
| Q4 24 | — | $584.7M | ||
| Q3 24 | — | $647.0M | ||
| Q2 24 | — | $599.2M | ||
| Q1 24 | — | $602.5M |
| Q4 25 | — | $36.0M | ||
| Q3 25 | — | $-65.8M | ||
| Q2 25 | — | $-13.3M | ||
| Q1 25 | — | $9.5M | ||
| Q4 24 | — | $10.3M | ||
| Q3 24 | — | $-48.7M | ||
| Q2 24 | — | $-23.2M | ||
| Q1 24 | — | $-94.6M |
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | $3.4B | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | — | 15.40× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 60.61× | ||
| Q4 24 | — | 56.61× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $72.0M | $164.4M |
| Free Cash FlowOCF − Capex | $70.6M | — |
| FCF MarginFCF / Revenue | 14.7% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 0.71× | 1.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $164.4M | ||
| Q3 25 | — | $19.8M | ||
| Q2 25 | — | $-27.0M | ||
| Q1 25 | $72.0M | $56.8M | ||
| Q4 24 | — | $112.9M | ||
| Q3 24 | — | $-27.4M | ||
| Q2 24 | — | $212.0K | ||
| Q1 24 | — | $5.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $70.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 14.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.71× | 7.07× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 2.08× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINV
Segment breakdown not available.
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
