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Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and SILICON LABORATORIES INC. (SLAB). 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 $208.2M, roughly 1.9× SILICON LABORATORIES INC.). On growth, SILICON LABORATORIES INC. posted the faster year-over-year revenue change (25.2% vs 12.8%). Madison Square Garden Sports Corp. produced more free cash flow last quarter ($31.6M vs $-1.6M). Over the past eight quarters, SILICON LABORATORIES INC.'s revenue compounded faster (39.9% CAGR vs -3.1%).

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

Silicon Laboratories, Inc., commonly referred to as Silicon Labs, is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide.

MSGS vs SLAB — Head-to-Head

Bigger by revenue
MSGS
MSGS
1.9× larger
MSGS
$403.4M
$208.2M
SLAB
Growing faster (revenue YoY)
SLAB
SLAB
+12.5% gap
SLAB
25.2%
12.8%
MSGS
More free cash flow
MSGS
MSGS
$33.2M more FCF
MSGS
$31.6M
$-1.6M
SLAB
Faster 2-yr revenue CAGR
SLAB
SLAB
Annualised
SLAB
39.9%
-3.1%
MSGS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MSGS
MSGS
SLAB
SLAB
Revenue
$403.4M
$208.2M
Net Profit
$8.2M
Gross Margin
63.4%
Operating Margin
5.5%
-1.6%
Net Margin
2.0%
Revenue YoY
12.8%
25.2%
Net Profit YoY
641.9%
EPS (diluted)
$0.34
$-0.07

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
MSGS
MSGS
SLAB
SLAB
Q1 26
$208.2M
Q4 25
$403.4M
$206.0M
Q3 25
$39.5M
$192.8M
Q2 25
$204.0M
$177.7M
Q1 25
$424.2M
Q4 24
$357.8M
$166.2M
Q3 24
$53.3M
$166.4M
Q2 24
$227.3M
$145.4M
Net Profit
MSGS
MSGS
SLAB
SLAB
Q1 26
Q4 25
$8.2M
$-9.9M
Q3 25
$-8.8M
$-21.8M
Q2 25
$-1.8M
Q1 25
$-14.2M
Q4 24
$1.1M
Q3 24
$-7.5M
$-28.5M
Q2 24
$25.5M
$-82.2M
Gross Margin
MSGS
MSGS
SLAB
SLAB
Q1 26
63.4%
Q4 25
57.8%
Q3 25
56.1%
Q2 25
55.0%
Q1 25
Q4 24
54.3%
Q3 24
54.3%
Q2 24
52.7%
Operating Margin
MSGS
MSGS
SLAB
SLAB
Q1 26
-1.6%
Q4 25
5.5%
-6.0%
Q3 25
-69.5%
-11.9%
Q2 25
-11.1%
-18.1%
Q1 25
7.6%
Q4 24
3.7%
-17.2%
Q3 24
-15.5%
-17.9%
Q2 24
23.0%
-33.0%
Net Margin
MSGS
MSGS
SLAB
SLAB
Q1 26
Q4 25
2.0%
-4.8%
Q3 25
-22.3%
-11.3%
Q2 25
-0.9%
Q1 25
-3.4%
Q4 24
0.3%
Q3 24
-14.1%
-17.1%
Q2 24
11.2%
-56.5%
EPS (diluted)
MSGS
MSGS
SLAB
SLAB
Q1 26
$-0.07
Q4 25
$0.34
$-0.30
Q3 25
$-0.37
$-0.67
Q2 25
$-0.08
$-0.94
Q1 25
$-0.59
Q4 24
$0.05
$-0.72
Q3 24
$-0.31
$-0.88
Q2 24
$1.07
$-2.56

Balance Sheet & Financial Strength

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

Metric
MSGS
MSGS
SLAB
SLAB
Cash + ST InvestmentsLiquidity on hand
$81.3M
$443.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-282.1M
$1.1B
Total Assets
$1.5B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSGS
MSGS
SLAB
SLAB
Q1 26
$443.6M
Q4 25
$81.3M
$439.0M
Q3 25
$48.6M
$415.5M
Q2 25
$144.6M
$424.8M
Q1 25
$96.5M
Q4 24
$107.8M
$382.2M
Q3 24
$52.3M
$369.7M
Q2 24
$89.1M
$339.2M
Stockholders' Equity
MSGS
MSGS
SLAB
SLAB
Q1 26
$1.1B
Q4 25
$-282.1M
$1.1B
Q3 25
$-294.2M
$1.1B
Q2 25
$-281.4M
$1.1B
Q1 25
$-283.4M
Q4 24
$-273.1M
$1.1B
Q3 24
$-277.5M
$1.1B
Q2 24
$-266.3M
$1.1B
Total Assets
MSGS
MSGS
SLAB
SLAB
Q1 26
$1.3B
Q4 25
$1.5B
$1.3B
Q3 25
$1.5B
$1.2B
Q2 25
$1.5B
$1.2B
Q1 25
$1.5B
Q4 24
$1.4B
$1.2B
Q3 24
$1.4B
$1.2B
Q2 24
$1.3B
$1.2B

Cash Flow & Capital Efficiency

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

Metric
MSGS
MSGS
SLAB
SLAB
Operating Cash FlowLast quarter
$32.4M
$8.3M
Free Cash FlowOCF − Capex
$31.6M
$-1.6M
FCF MarginFCF / Revenue
7.8%
-0.8%
Capex IntensityCapex / Revenue
0.2%
4.8%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$-480.0K
$65.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSGS
MSGS
SLAB
SLAB
Q1 26
$8.3M
Q4 25
$32.4M
$34.3M
Q3 25
$-85.0M
$4.9M
Q2 25
$49.7M
$48.1M
Q1 25
$6.3M
Q4 24
$61.8M
$10.1M
Q3 24
$-26.2M
$31.6M
Q2 24
$108.4M
$16.1M
Free Cash Flow
MSGS
MSGS
SLAB
SLAB
Q1 26
$-1.6M
Q4 25
$31.6M
$27.9M
Q3 25
$-85.3M
$-3.8M
Q2 25
$49.4M
$43.3M
Q1 25
$3.9M
Q4 24
$61.2M
$6.2M
Q3 24
$-26.5M
$29.4M
Q2 24
$108.0M
$12.6M
FCF Margin
MSGS
MSGS
SLAB
SLAB
Q1 26
-0.8%
Q4 25
7.8%
13.6%
Q3 25
-216.3%
-2.0%
Q2 25
24.2%
24.4%
Q1 25
0.9%
Q4 24
17.1%
3.7%
Q3 24
-49.7%
17.7%
Q2 24
47.5%
8.7%
Capex Intensity
MSGS
MSGS
SLAB
SLAB
Q1 26
4.8%
Q4 25
0.2%
3.1%
Q3 25
0.9%
4.5%
Q2 25
0.2%
2.7%
Q1 25
0.6%
Q4 24
0.1%
2.4%
Q3 24
0.7%
1.3%
Q2 24
0.2%
2.4%
Cash Conversion
MSGS
MSGS
SLAB
SLAB
Q1 26
Q4 25
3.94×
Q3 25
Q2 25
Q1 25
Q4 24
55.61×
Q3 24
Q2 24
4.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSGS
MSGS

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

SLAB
SLAB

Sales Channel Through Intermediary$157.5M76%
Sales Channel Directly To Consumer$50.7M24%

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