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Side-by-side financial comparison of Mirion Technologies, Inc. (MIR) 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 $257.6M, roughly 1.6× Mirion Technologies, Inc.). On growth, Mirion Technologies, Inc. posted the faster year-over-year revenue change (27.5% vs 12.5%). Over the past eight quarters, Madison Square Garden Entertainment Corp.'s revenue compounded faster (48.9% CAGR vs 11.5%).

Mirion Technologies, Inc. is a global provider of radiation detection, monitoring, and safety solutions. Its core offerings include personal dosimetry systems, radiation imaging equipment, and risk management software, serving nuclear power, healthcare, defense, and industrial sectors across North America, Europe, and the Asia Pacific.

MIR vs MSGE — Head-to-Head

Bigger by revenue
MSGE
MSGE
1.6× larger
MSGE
$424.8M
$257.6M
MIR
Growing faster (revenue YoY)
MIR
MIR
+15.0% gap
MIR
27.5%
12.5%
MSGE
Faster 2-yr revenue CAGR
MSGE
MSGE
Annualised
MSGE
48.9%
11.5%
MIR

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
MIR
MIR
MSGE
MSGE
Revenue
$257.6M
$424.8M
Net Profit
$92.7M
Gross Margin
46.2%
Operating Margin
1.4%
38.6%
Net Margin
21.8%
Revenue YoY
27.5%
12.5%
Net Profit YoY
22.2%
EPS (diluted)
$-0.01
$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
MIR
MIR
MSGE
MSGE
Q1 26
$257.6M
Q4 25
$277.4M
$424.8M
Q3 25
$223.1M
$154.1M
Q2 25
$222.9M
$145.1M
Q1 25
$202.0M
$206.0M
Q4 24
$254.3M
$377.6M
Q3 24
$206.8M
$134.1M
Q2 24
$207.1M
$177.6M
Net Profit
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
$17.3M
$92.7M
Q3 25
$2.9M
$-21.7M
Q2 25
$8.3M
$-27.2M
Q1 25
$300.0K
$8.0M
Q4 24
$15.0M
$75.9M
Q3 24
$-13.6M
$-19.3M
Q2 24
$-11.7M
$66.9M
Gross Margin
MIR
MIR
MSGE
MSGE
Q1 26
46.2%
Q4 25
48.8%
Q3 25
46.8%
Q2 25
46.0%
Q1 25
47.6%
Q4 24
48.1%
Q3 24
44.9%
Q2 24
47.0%
Operating Margin
MIR
MIR
MSGE
MSGE
Q1 26
1.4%
Q4 25
9.2%
38.6%
Q3 25
3.3%
-19.3%
Q2 25
4.4%
-17.7%
Q1 25
4.3%
13.3%
Q4 24
11.4%
36.8%
Q3 24
-0.8%
-13.8%
Q2 24
1.1%
-5.0%
Net Margin
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
6.2%
21.8%
Q3 25
1.3%
-14.0%
Q2 25
3.7%
-18.7%
Q1 25
0.1%
3.9%
Q4 24
5.9%
20.1%
Q3 24
-6.6%
-14.4%
Q2 24
-5.6%
37.7%
EPS (diluted)
MIR
MIR
MSGE
MSGE
Q1 26
$-0.01
Q4 25
$0.07
$1.94
Q3 25
$0.01
$-0.46
Q2 25
$0.03
$-0.56
Q1 25
$0.00
$0.17
Q4 24
$0.08
$1.56
Q3 24
$-0.07
$-0.40
Q2 24
$-0.06
$1.32

Balance Sheet & Financial Strength

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

Metric
MIR
MIR
MSGE
MSGE
Cash + ST InvestmentsLiquidity on hand
$397.9M
$157.1M
Total DebtLower is stronger
$554.6M
Stockholders' EquityBook value
$1.9B
$36.0M
Total Assets
$3.5B
$1.8B
Debt / EquityLower = less leverage
15.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIR
MIR
MSGE
MSGE
Q1 26
$397.9M
Q4 25
$412.3M
$157.1M
Q3 25
$933.2M
$29.9M
Q2 25
$262.6M
$43.0M
Q1 25
$185.8M
$89.0M
Q4 24
$175.2M
$54.9M
Q3 24
$133.3M
$37.3M
Q2 24
$122.2M
$33.3M
Total Debt
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
$554.6M
Q3 25
$444.8M
$581.7M
Q2 25
$444.9M
$568.8M
Q1 25
$686.6M
$577.4M
Q4 24
$686.4M
$584.7M
Q3 24
$685.1M
$647.0M
Q2 24
$684.1M
$599.2M
Stockholders' Equity
MIR
MIR
MSGE
MSGE
Q1 26
$1.9B
Q4 25
$1.9B
$36.0M
Q3 25
$1.8B
$-65.8M
Q2 25
$1.5B
$-13.3M
Q1 25
$1.5B
$9.5M
Q4 24
$1.5B
$10.3M
Q3 24
$1.5B
$-48.7M
Q2 24
$1.5B
$-23.2M
Total Assets
MIR
MIR
MSGE
MSGE
Q1 26
$3.5B
Q4 25
$3.6B
$1.8B
Q3 25
$3.5B
$1.7B
Q2 25
$2.7B
$1.7B
Q1 25
$2.6B
$1.7B
Q4 24
$2.6B
$1.6B
Q3 24
$2.7B
$1.6B
Q2 24
$2.6B
$1.6B
Debt / Equity
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
15.40×
Q3 25
0.24×
Q2 25
0.30×
Q1 25
0.46×
60.61×
Q4 24
0.46×
56.61×
Q3 24
0.45×
Q2 24
0.45×

Cash Flow & Capital Efficiency

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

Metric
MIR
MIR
MSGE
MSGE
Operating Cash FlowLast quarter
$18.9M
$164.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIR
MIR
MSGE
MSGE
Q1 26
$18.9M
Q4 25
$73.0M
$164.4M
Q3 25
$22.3M
$19.8M
Q2 25
$12.4M
$-27.0M
Q1 25
$35.6M
$56.8M
Q4 24
$60.8M
$112.9M
Q3 24
$17.1M
$-27.4M
Q2 24
$15.2M
$212.0K
Free Cash Flow
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
$63.2M
Q3 25
$13.0M
Q2 25
$3.6M
Q1 25
$27.1M
Q4 24
$49.1M
Q3 24
$3.9M
Q2 24
$4.1M
FCF Margin
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
22.8%
Q3 25
5.8%
Q2 25
1.6%
Q1 25
13.4%
Q4 24
19.3%
Q3 24
1.9%
Q2 24
2.0%
Capex Intensity
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
3.5%
Q3 25
4.2%
Q2 25
3.9%
Q1 25
4.2%
Q4 24
4.6%
Q3 24
6.4%
Q2 24
5.4%
Cash Conversion
MIR
MIR
MSGE
MSGE
Q1 26
Q4 25
4.22×
1.77×
Q3 25
7.69×
Q2 25
1.49×
Q1 25
118.67×
7.07×
Q4 24
4.05×
1.49×
Q3 24
Q2 24
0.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MIR
MIR

Product$197.0M76%
Service$60.6M24%

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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