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Side-by-side financial comparison of KFORCE INC (KFRC) 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 $330.4M, roughly 1.2× KFORCE INC). KFORCE INC runs the higher net margin — 2.4% vs 2.0%, a 0.4% gap on every dollar of revenue. On growth, Madison Square Garden Sports Corp. posted the faster year-over-year revenue change (12.8% vs 0.1%). Madison Square Garden Sports Corp. produced more free cash flow last quarter ($31.6M vs $-7.4M). Over the past eight quarters, Madison Square Garden Sports Corp.'s revenue compounded faster (-3.1% 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.

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

KFRC vs MSGS — Head-to-Head

Bigger by revenue
MSGS
MSGS
1.2× larger
MSGS
$403.4M
$330.4M
KFRC
Growing faster (revenue YoY)
MSGS
MSGS
+12.7% gap
MSGS
12.8%
0.1%
KFRC
Higher net margin
KFRC
KFRC
0.4% more per $
KFRC
2.4%
2.0%
MSGS
More free cash flow
MSGS
MSGS
$39.0M more FCF
MSGS
$31.6M
$-7.4M
KFRC
Faster 2-yr revenue CAGR
MSGS
MSGS
Annualised
MSGS
-3.1%
-3.7%
KFRC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
KFRC
KFRC
MSGS
MSGS
Revenue
$330.4M
$403.4M
Net Profit
$7.9M
$8.2M
Gross Margin
27.3%
Operating Margin
3.6%
5.5%
Net Margin
2.4%
2.0%
Revenue YoY
0.1%
12.8%
Net Profit YoY
-2.7%
641.9%
EPS (diluted)
$0.46
$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
KFRC
KFRC
MSGS
MSGS
Q1 26
$330.4M
Q4 25
$332.0M
$403.4M
Q3 25
$332.6M
$39.5M
Q2 25
$334.3M
$204.0M
Q1 25
$330.0M
$424.2M
Q4 24
$343.8M
$357.8M
Q3 24
$353.3M
$53.3M
Q2 24
$356.3M
$227.3M
Net Profit
KFRC
KFRC
MSGS
MSGS
Q1 26
$7.9M
Q4 25
$5.2M
$8.2M
Q3 25
$11.1M
$-8.8M
Q2 25
$10.4M
$-1.8M
Q1 25
$8.1M
$-14.2M
Q4 24
$11.1M
$1.1M
Q3 24
$14.2M
$-7.5M
Q2 24
$14.2M
$25.5M
Gross Margin
KFRC
KFRC
MSGS
MSGS
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
MSGS
MSGS
Q1 26
3.6%
Q4 25
2.6%
5.5%
Q3 25
4.5%
-69.5%
Q2 25
4.5%
-11.1%
Q1 25
3.5%
7.6%
Q4 24
4.5%
3.7%
Q3 24
5.3%
-15.5%
Q2 24
5.5%
23.0%
Net Margin
KFRC
KFRC
MSGS
MSGS
Q1 26
2.4%
Q4 25
1.6%
2.0%
Q3 25
3.3%
-22.3%
Q2 25
3.1%
-0.9%
Q1 25
2.5%
-3.4%
Q4 24
3.2%
0.3%
Q3 24
4.0%
-14.1%
Q2 24
4.0%
11.2%
EPS (diluted)
KFRC
KFRC
MSGS
MSGS
Q1 26
$0.46
Q4 25
$0.29
$0.34
Q3 25
$0.63
$-0.37
Q2 25
$0.59
$-0.08
Q1 25
$0.45
$-0.59
Q4 24
$0.60
$0.05
Q3 24
$0.75
$-0.31
Q2 24
$0.75
$1.07

Balance Sheet & Financial Strength

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

Metric
KFRC
KFRC
MSGS
MSGS
Cash + ST InvestmentsLiquidity on hand
$1.3M
$81.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$117.4M
$-282.1M
Total Assets
$384.8M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KFRC
KFRC
MSGS
MSGS
Q1 26
$1.3M
Q4 25
$2.1M
$81.3M
Q3 25
$1.3M
$48.6M
Q2 25
$2.5M
$144.6M
Q1 25
$444.0K
$96.5M
Q4 24
$349.0K
$107.8M
Q3 24
$127.0K
$52.3M
Q2 24
$110.0K
$89.1M
Stockholders' Equity
KFRC
KFRC
MSGS
MSGS
Q1 26
$117.4M
Q4 25
$124.6M
$-282.1M
Q3 25
$132.1M
$-294.2M
Q2 25
$134.4M
$-281.4M
Q1 25
$138.0M
$-283.4M
Q4 24
$154.6M
$-273.1M
Q3 24
$167.4M
$-277.5M
Q2 24
$166.6M
$-266.3M
Total Assets
KFRC
KFRC
MSGS
MSGS
Q1 26
$384.8M
Q4 25
$365.6M
$1.5B
Q3 25
$374.2M
$1.5B
Q2 25
$373.6M
$1.5B
Q1 25
$368.2M
$1.5B
Q4 24
$357.8M
$1.4B
Q3 24
$369.9M
$1.4B
Q2 24
$362.7M
$1.3B

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
MSGS
MSGS
Operating Cash FlowLast quarter
$32.4M
Free Cash FlowOCF − Capex
$-7.4M
$31.6M
FCF MarginFCF / Revenue
-2.2%
7.8%
Capex IntensityCapex / Revenue
1.0%
0.2%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$43.3M
$-480.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KFRC
KFRC
MSGS
MSGS
Q1 26
Q4 25
$19.7M
$32.4M
Q3 25
$23.3M
$-85.0M
Q2 25
$18.4M
$49.7M
Q1 25
$249.0K
$6.3M
Q4 24
$21.8M
$61.8M
Q3 24
$31.0M
$-26.2M
Q2 24
$20.9M
$108.4M
Free Cash Flow
KFRC
KFRC
MSGS
MSGS
Q1 26
$-7.4M
Q4 25
$16.7M
$31.6M
Q3 25
$19.8M
$-85.3M
Q2 25
$14.2M
$49.4M
Q1 25
$-3.9M
$3.9M
Q4 24
$20.9M
$61.2M
Q3 24
$27.5M
$-26.5M
Q2 24
$17.8M
$108.0M
FCF Margin
KFRC
KFRC
MSGS
MSGS
Q1 26
-2.2%
Q4 25
5.0%
7.8%
Q3 25
6.0%
-216.3%
Q2 25
4.3%
24.2%
Q1 25
-1.2%
0.9%
Q4 24
6.1%
17.1%
Q3 24
7.8%
-49.7%
Q2 24
5.0%
47.5%
Capex Intensity
KFRC
KFRC
MSGS
MSGS
Q1 26
1.0%
Q4 25
0.9%
0.2%
Q3 25
1.1%
0.9%
Q2 25
1.2%
0.2%
Q1 25
1.3%
0.6%
Q4 24
0.3%
0.1%
Q3 24
1.0%
0.7%
Q2 24
0.9%
0.2%
Cash Conversion
KFRC
KFRC
MSGS
MSGS
Q1 26
Q4 25
3.82×
3.94×
Q3 25
2.11×
Q2 25
1.76×
Q1 25
0.03×
Q4 24
1.97×
55.61×
Q3 24
2.18×
Q2 24
1.48×
4.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KFRC
KFRC

Segment breakdown not available.

MSGS
MSGS

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

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