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Side-by-side financial comparison of Magnera Corp (MAGN) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $792.0M, roughly 1.0× Magnera Corp). MSCI Inc. runs the higher net margin — 34.6% vs -4.3%, a 38.9% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 10.0%).
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
MAGN vs MSCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $822.5M |
| Net Profit | $-34.0M | $284.7M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | 56.4% |
| Net Margin | -4.3% | 34.6% |
| Revenue YoY | 12.8% | 10.6% |
| Net Profit YoY | 43.3% | -6.8% |
| EPS (diluted) | $-0.95 | $3.81 |
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 | $792.0M | $822.5M | ||
| Q3 25 | — | $793.4M | ||
| Q2 25 | $839.0M | $772.7M | ||
| Q1 25 | $824.0M | $745.8M | ||
| Q4 24 | $702.0M | $743.5M | ||
| Q3 24 | $332.1M | $724.7M | ||
| Q2 24 | $556.0M | $707.9M | ||
| Q1 24 | $558.0M | $680.0M |
| Q4 25 | $-34.0M | $284.7M | ||
| Q3 25 | — | $325.4M | ||
| Q2 25 | $-18.0M | $303.6M | ||
| Q1 25 | $-41.0M | $288.6M | ||
| Q4 24 | $-60.0M | $305.5M | ||
| Q3 24 | $-15.2M | $280.9M | ||
| Q2 24 | $19.0M | $266.8M | ||
| Q1 24 | $14.0M | $256.0M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 6.2% | — |
| Q4 25 | 1.8% | 56.4% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | 1.5% | 55.0% | ||
| Q1 25 | 0.5% | 50.6% | ||
| Q4 24 | -3.1% | 54.5% | ||
| Q3 24 | 0.9% | 55.4% | ||
| Q2 24 | 3.1% | 54.0% | ||
| Q1 24 | 3.8% | 49.9% |
| Q4 25 | -4.3% | 34.6% | ||
| Q3 25 | — | 41.0% | ||
| Q2 25 | -2.1% | 39.3% | ||
| Q1 25 | -5.0% | 38.7% | ||
| Q4 24 | -8.5% | 41.1% | ||
| Q3 24 | -4.6% | 38.8% | ||
| Q2 24 | 3.4% | 37.7% | ||
| Q1 24 | 2.5% | 37.6% |
| Q4 25 | $-0.95 | $3.81 | ||
| Q3 25 | — | $4.25 | ||
| Q2 25 | $-0.51 | $3.92 | ||
| Q1 25 | $-1.15 | $3.71 | ||
| Q4 24 | $-1.69 | $3.89 | ||
| Q3 24 | $-0.33 | $3.57 | ||
| Q2 24 | $0.60 | $3.37 | ||
| Q1 24 | $0.44 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.0M | $515.3M |
| Total DebtLower is stronger | $1.9B | $6.2B |
| Stockholders' EquityBook value | $1.0B | $-2.7B |
| Total Assets | $3.9B | $5.7B |
| Debt / EquityLower = less leverage | 1.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $515.3M | ||
| Q3 25 | — | $400.1M | ||
| Q2 25 | $276.0M | $347.3M | ||
| Q1 25 | $282.0M | $360.7M | ||
| Q4 24 | $215.0M | $409.4M | ||
| Q3 24 | $230.0M | $501.0M | ||
| Q2 24 | $33.9M | $451.4M | ||
| Q1 24 | $30.2M | $519.3M |
| Q4 25 | $1.9B | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | $2.0B | $4.5B | ||
| Q1 25 | $2.0B | $4.5B | ||
| Q4 24 | $2.0B | $4.5B | ||
| Q3 24 | $2.0B | $4.5B | ||
| Q2 24 | $877.4M | $4.5B | ||
| Q1 24 | $884.7M | $4.5B |
| Q4 25 | $1.0B | $-2.7B | ||
| Q3 25 | — | $-1.9B | ||
| Q2 25 | $1.1B | $-886.2M | ||
| Q1 25 | $1.1B | $-958.6M | ||
| Q4 24 | $1.1B | $-940.0M | ||
| Q3 24 | $2.1B | $-751.0M | ||
| Q2 24 | $2.4B | $-734.5M | ||
| Q1 24 | $2.4B | $-650.5M |
| Q4 25 | $3.9B | $5.7B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | $4.1B | $5.4B | ||
| Q1 25 | $4.1B | $5.3B | ||
| Q4 24 | $4.0B | $5.4B | ||
| Q3 24 | $2.8B | $5.4B | ||
| Q2 24 | $1.5B | $5.5B | ||
| Q1 24 | $1.5B | $5.5B |
| Q4 25 | 1.86× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.36× | — |
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 | $2.0M | $501.1M |
| Free Cash FlowOCF − Capex | $-13.0M | $488.7M |
| FCF MarginFCF / Revenue | -1.6% | 59.4% |
| Capex IntensityCapex / Revenue | 1.9% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $501.1M | ||
| Q3 25 | — | $449.4M | ||
| Q2 25 | $0 | $336.1M | ||
| Q1 25 | $65.0M | $301.7M | ||
| Q4 24 | $-58.0M | $430.6M | ||
| Q3 24 | $12.2M | $421.6M | ||
| Q2 24 | $38.0M | $349.2M | ||
| Q1 24 | $20.0M | $300.1M |
| Q4 25 | $-13.0M | $488.7M | ||
| Q3 25 | — | $445.5M | ||
| Q2 25 | — | $324.7M | ||
| Q1 25 | $42.0M | $290.2M | ||
| Q4 24 | $-74.0M | $416.4M | ||
| Q3 24 | $3.6M | $415.0M | ||
| Q2 24 | $23.0M | $340.6M | ||
| Q1 24 | $12.5M | $295.9M |
| Q4 25 | -1.6% | 59.4% | ||
| Q3 25 | — | 56.2% | ||
| Q2 25 | — | 42.0% | ||
| Q1 25 | 5.1% | 38.9% | ||
| Q4 24 | -10.5% | 56.0% | ||
| Q3 24 | 1.1% | 57.3% | ||
| Q2 24 | 4.1% | 48.1% | ||
| Q1 24 | 2.2% | 43.5% |
| Q4 25 | 1.9% | 1.5% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 2.8% | 1.5% | ||
| Q4 24 | 2.3% | 1.9% | ||
| Q3 24 | 2.6% | 0.9% | ||
| Q2 24 | 2.7% | 1.2% | ||
| Q1 24 | 1.3% | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | 2.00× | 1.31× | ||
| Q1 24 | 1.43× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
