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Side-by-side financial comparison of KFORCE INC (KFRC) and Madison Square Garden Entertainment Corp. (MSGE). Click either name above to swap in a different company.

Madison Square Garden Entertainment Corp. is the larger business by last-quarter revenue ($424.8M vs $330.4M, roughly 1.3× KFORCE INC). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs 2.4%, a 19.4% gap on every dollar of revenue. On growth, Madison Square Garden Entertainment Corp. posted the faster year-over-year revenue change (12.5% vs 0.1%). Over the past eight quarters, Madison Square Garden Entertainment Corp.'s revenue compounded faster (48.9% CAGR vs -3.7%).

Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.

KFRC vs MSGE — Head-to-Head

Bigger by revenue
MSGE
MSGE
1.3× larger
MSGE
$424.8M
$330.4M
KFRC
Growing faster (revenue YoY)
MSGE
MSGE
+12.4% gap
MSGE
12.5%
0.1%
KFRC
Higher net margin
MSGE
MSGE
19.4% more per $
MSGE
21.8%
2.4%
KFRC
Faster 2-yr revenue CAGR
MSGE
MSGE
Annualised
MSGE
48.9%
-3.7%
KFRC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
KFRC
KFRC
MSGE
MSGE
Revenue
$330.4M
$424.8M
Net Profit
$7.9M
$92.7M
Gross Margin
27.3%
Operating Margin
3.6%
38.6%
Net Margin
2.4%
21.8%
Revenue YoY
0.1%
12.5%
Net Profit YoY
-2.7%
22.2%
EPS (diluted)
$0.46
$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.

Revenue
KFRC
KFRC
MSGE
MSGE
Q1 26
$330.4M
Q4 25
$332.0M
$424.8M
Q3 25
$332.6M
$154.1M
Q2 25
$334.3M
$145.1M
Q1 25
$330.0M
$206.0M
Q4 24
$343.8M
$377.6M
Q3 24
$353.3M
$134.1M
Q2 24
$356.3M
$177.6M
Net Profit
KFRC
KFRC
MSGE
MSGE
Q1 26
$7.9M
Q4 25
$5.2M
$92.7M
Q3 25
$11.1M
$-21.7M
Q2 25
$10.4M
$-27.2M
Q1 25
$8.1M
$8.0M
Q4 24
$11.1M
$75.9M
Q3 24
$14.2M
$-19.3M
Q2 24
$14.2M
$66.9M
Gross Margin
KFRC
KFRC
MSGE
MSGE
Q1 26
27.3%
Q4 25
27.2%
Q3 25
27.7%
Q2 25
27.1%
Q1 25
26.7%
Q4 24
27.0%
Q3 24
27.9%
Q2 24
27.8%
Operating Margin
KFRC
KFRC
MSGE
MSGE
Q1 26
3.6%
Q4 25
2.6%
38.6%
Q3 25
4.5%
-19.3%
Q2 25
4.5%
-17.7%
Q1 25
3.5%
13.3%
Q4 24
4.5%
36.8%
Q3 24
5.3%
-13.8%
Q2 24
5.5%
-5.0%
Net Margin
KFRC
KFRC
MSGE
MSGE
Q1 26
2.4%
Q4 25
1.6%
21.8%
Q3 25
3.3%
-14.0%
Q2 25
3.1%
-18.7%
Q1 25
2.5%
3.9%
Q4 24
3.2%
20.1%
Q3 24
4.0%
-14.4%
Q2 24
4.0%
37.7%
EPS (diluted)
KFRC
KFRC
MSGE
MSGE
Q1 26
$0.46
Q4 25
$0.29
$1.94
Q3 25
$0.63
$-0.46
Q2 25
$0.59
$-0.56
Q1 25
$0.45
$0.17
Q4 24
$0.60
$1.56
Q3 24
$0.75
$-0.40
Q2 24
$0.75
$1.32

Balance Sheet & Financial Strength

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

Metric
KFRC
KFRC
MSGE
MSGE
Cash + ST InvestmentsLiquidity on hand
$1.3M
$157.1M
Total DebtLower is stronger
$554.6M
Stockholders' EquityBook value
$117.4M
$36.0M
Total Assets
$384.8M
$1.8B
Debt / EquityLower = less leverage
15.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KFRC
KFRC
MSGE
MSGE
Q1 26
$1.3M
Q4 25
$2.1M
$157.1M
Q3 25
$1.3M
$29.9M
Q2 25
$2.5M
$43.0M
Q1 25
$444.0K
$89.0M
Q4 24
$349.0K
$54.9M
Q3 24
$127.0K
$37.3M
Q2 24
$110.0K
$33.3M
Total Debt
KFRC
KFRC
MSGE
MSGE
Q1 26
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
Stockholders' Equity
KFRC
KFRC
MSGE
MSGE
Q1 26
$117.4M
Q4 25
$124.6M
$36.0M
Q3 25
$132.1M
$-65.8M
Q2 25
$134.4M
$-13.3M
Q1 25
$138.0M
$9.5M
Q4 24
$154.6M
$10.3M
Q3 24
$167.4M
$-48.7M
Q2 24
$166.6M
$-23.2M
Total Assets
KFRC
KFRC
MSGE
MSGE
Q1 26
$384.8M
Q4 25
$365.6M
$1.8B
Q3 25
$374.2M
$1.7B
Q2 25
$373.6M
$1.7B
Q1 25
$368.2M
$1.7B
Q4 24
$357.8M
$1.6B
Q3 24
$369.9M
$1.6B
Q2 24
$362.7M
$1.6B
Debt / Equity
KFRC
KFRC
MSGE
MSGE
Q1 26
Q4 25
15.40×
Q3 25
Q2 25
Q1 25
60.61×
Q4 24
56.61×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
KFRC
KFRC
MSGE
MSGE
Operating Cash FlowLast quarter
$164.4M
Free Cash FlowOCF − Capex
$-7.4M
FCF MarginFCF / Revenue
-2.2%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KFRC
KFRC
MSGE
MSGE
Q1 26
Q4 25
$19.7M
$164.4M
Q3 25
$23.3M
$19.8M
Q2 25
$18.4M
$-27.0M
Q1 25
$249.0K
$56.8M
Q4 24
$21.8M
$112.9M
Q3 24
$31.0M
$-27.4M
Q2 24
$20.9M
$212.0K
Free Cash Flow
KFRC
KFRC
MSGE
MSGE
Q1 26
$-7.4M
Q4 25
$16.7M
Q3 25
$19.8M
Q2 25
$14.2M
Q1 25
$-3.9M
Q4 24
$20.9M
Q3 24
$27.5M
Q2 24
$17.8M
FCF Margin
KFRC
KFRC
MSGE
MSGE
Q1 26
-2.2%
Q4 25
5.0%
Q3 25
6.0%
Q2 25
4.3%
Q1 25
-1.2%
Q4 24
6.1%
Q3 24
7.8%
Q2 24
5.0%
Capex Intensity
KFRC
KFRC
MSGE
MSGE
Q1 26
1.0%
Q4 25
0.9%
Q3 25
1.1%
Q2 25
1.2%
Q1 25
1.3%
Q4 24
0.3%
Q3 24
1.0%
Q2 24
0.9%
Cash Conversion
KFRC
KFRC
MSGE
MSGE
Q1 26
Q4 25
3.82×
1.77×
Q3 25
2.11×
Q2 25
1.76×
Q1 25
0.03×
7.07×
Q4 24
1.97×
1.49×
Q3 24
2.18×
Q2 24
1.48×
0.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KFRC
KFRC

Segment breakdown not available.

MSGE
MSGE

Ticketing And Venue License Fee Revenues$263.5M62%
Food Beverage And Merchandise Revenues$64.3M15%
Related Party$43.9M10%
Arena Licensing Fees And Other Leasing Revenue$35.2M8%
Other$15.9M4%

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