vs
Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.
Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($588.0M vs $403.4M, roughly 1.5× Madison Square Garden Sports Corp.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs 2.0%, a 13.0% gap on every dollar of revenue. On growth, Madison Square Garden Sports Corp. posted the faster year-over-year revenue change (12.8% vs 9.1%). Over the past eight quarters, Simpson Manufacturing Co., Inc.'s revenue compounded faster (-0.8% CAGR vs -3.1%).
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
MSGS vs SSD — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $403.4M | $588.0M |
| Net Profit | $8.2M | $88.2M |
| Gross Margin | — | 45.2% |
| Operating Margin | 5.5% | 19.5% |
| Net Margin | 2.0% | 15.0% |
| Revenue YoY | 12.8% | 9.1% |
| Net Profit YoY | 641.9% | 13.3% |
| EPS (diluted) | $0.34 | $2.13 |
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.
| Q1 26 | — | $588.0M | ||
| Q4 25 | $403.4M | $539.3M | ||
| Q3 25 | $39.5M | $623.5M | ||
| Q2 25 | $204.0M | $631.1M | ||
| Q1 25 | $424.2M | $538.9M | ||
| Q4 24 | $357.8M | $517.4M | ||
| Q3 24 | $53.3M | $587.2M | ||
| Q2 24 | $227.3M | $597.0M |
| Q1 26 | — | $88.2M | ||
| Q4 25 | $8.2M | $56.2M | ||
| Q3 25 | $-8.8M | $107.4M | ||
| Q2 25 | $-1.8M | $103.5M | ||
| Q1 25 | $-14.2M | $77.9M | ||
| Q4 24 | $1.1M | $55.4M | ||
| Q3 24 | $-7.5M | $93.5M | ||
| Q2 24 | $25.5M | $97.8M |
| Q1 26 | — | 45.2% | ||
| Q4 25 | — | 43.4% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | — | 46.7% | ||
| Q1 25 | — | 46.8% | ||
| Q4 24 | — | 44.0% | ||
| Q3 24 | — | 46.8% | ||
| Q2 24 | — | 46.7% |
| Q1 26 | — | 19.5% | ||
| Q4 25 | 5.5% | 13.9% | ||
| Q3 25 | -69.5% | 22.6% | ||
| Q2 25 | -11.1% | 22.2% | ||
| Q1 25 | 7.6% | 19.0% | ||
| Q4 24 | 3.7% | 14.8% | ||
| Q3 24 | -15.5% | 21.3% | ||
| Q2 24 | 23.0% | 22.1% |
| Q1 26 | — | 15.0% | ||
| Q4 25 | 2.0% | 10.4% | ||
| Q3 25 | -22.3% | 17.2% | ||
| Q2 25 | -0.9% | 16.4% | ||
| Q1 25 | -3.4% | 14.5% | ||
| Q4 24 | 0.3% | 10.7% | ||
| Q3 24 | -14.1% | 15.9% | ||
| Q2 24 | 11.2% | 16.4% |
| Q1 26 | — | $2.13 | ||
| Q4 25 | $0.34 | $1.34 | ||
| Q3 25 | $-0.37 | $2.58 | ||
| Q2 25 | $-0.08 | $2.47 | ||
| Q1 25 | $-0.59 | $1.85 | ||
| Q4 24 | $0.05 | $1.31 | ||
| Q3 24 | $-0.31 | $2.21 | ||
| Q2 24 | $1.07 | $2.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $81.3M | $341.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-282.1M | $2.1B |
| Total Assets | $1.5B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $341.0M | ||
| Q4 25 | $81.3M | $384.1M | ||
| Q3 25 | $48.6M | $297.3M | ||
| Q2 25 | $144.6M | $190.4M | ||
| Q1 25 | $96.5M | $150.3M | ||
| Q4 24 | $107.8M | $239.4M | ||
| Q3 24 | $52.3M | $339.4M | ||
| Q2 24 | $89.1M | $354.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $300.0M | ||
| Q3 25 | — | $371.3M | ||
| Q2 25 | — | $376.9M | ||
| Q1 25 | — | $382.5M | ||
| Q4 24 | — | $388.1M | ||
| Q3 24 | — | $393.8M | ||
| Q2 24 | — | $399.4M |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $-282.1M | $2.0B | ||
| Q3 25 | $-294.2M | $2.0B | ||
| Q2 25 | $-281.4M | $1.9B | ||
| Q1 25 | $-283.4M | $1.9B | ||
| Q4 24 | $-273.1M | $1.8B | ||
| Q3 24 | $-277.5M | $1.9B | ||
| Q2 24 | $-266.3M | $1.8B |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $1.5B | $3.1B | ||
| Q3 25 | $1.5B | $3.0B | ||
| Q2 25 | $1.5B | $3.0B | ||
| Q1 25 | $1.5B | $2.8B | ||
| Q4 24 | $1.4B | $2.7B | ||
| Q3 24 | $1.4B | $2.9B | ||
| Q2 24 | $1.3B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.23× |
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 | $32.4M | — |
| Free Cash FlowOCF − Capex | $31.6M | — |
| FCF MarginFCF / Revenue | 7.8% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 3.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-480.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $32.4M | $155.7M | ||
| Q3 25 | $-85.0M | $170.2M | ||
| Q2 25 | $49.7M | $125.2M | ||
| Q1 25 | $6.3M | $7.6M | ||
| Q4 24 | $61.8M | $115.8M | ||
| Q3 24 | $-26.2M | $103.3M | ||
| Q2 24 | $108.4M | $111.1M |
| Q1 26 | — | — | ||
| Q4 25 | $31.6M | $119.0M | ||
| Q3 25 | $-85.3M | $133.9M | ||
| Q2 25 | $49.4M | $87.3M | ||
| Q1 25 | $3.9M | $-42.6M | ||
| Q4 24 | $61.2M | $60.3M | ||
| Q3 24 | $-26.5M | $58.1M | ||
| Q2 24 | $108.0M | $70.9M |
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 22.1% | ||
| Q3 25 | -216.3% | 21.5% | ||
| Q2 25 | 24.2% | 13.8% | ||
| Q1 25 | 0.9% | -7.9% | ||
| Q4 24 | 17.1% | 11.7% | ||
| Q3 24 | -49.7% | 9.9% | ||
| Q2 24 | 47.5% | 11.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 6.8% | ||
| Q3 25 | 0.9% | 5.8% | ||
| Q2 25 | 0.2% | 6.0% | ||
| Q1 25 | 0.6% | 9.3% | ||
| Q4 24 | 0.1% | 10.7% | ||
| Q3 24 | 0.7% | 7.7% | ||
| Q2 24 | 0.2% | 6.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.94× | 2.77× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.21× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | 55.61× | 2.09× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | 4.25× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
SSD
Segment breakdown not available.
