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Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and WSFS FINANCIAL CORP (WSFS). 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 $275.3M, roughly 1.5× WSFS FINANCIAL CORP). WSFS FINANCIAL CORP runs the higher net margin — 31.5% vs 2.0%, a 29.5% gap on every dollar of revenue. On growth, Madison Square Garden Sports Corp. posted the faster year-over-year revenue change (12.8% vs 7.5%). Over the past eight quarters, WSFS FINANCIAL CORP's revenue compounded faster (1.7% CAGR vs -3.1%).

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

WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and wealth management franchise headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Virginia (1), and Nevada (1) and provides comprehensive financial services including comme...

MSGS vs WSFS — Head-to-Head

Bigger by revenue
MSGS
MSGS
1.5× larger
MSGS
$403.4M
$275.3M
WSFS
Growing faster (revenue YoY)
MSGS
MSGS
+5.3% gap
MSGS
12.8%
7.5%
WSFS
Higher net margin
WSFS
WSFS
29.5% more per $
WSFS
31.5%
2.0%
MSGS
Faster 2-yr revenue CAGR
WSFS
WSFS
Annualised
WSFS
1.7%
-3.1%
MSGS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
MSGS
MSGS
WSFS
WSFS
Revenue
$403.4M
$275.3M
Net Profit
$8.2M
$86.8M
Gross Margin
Operating Margin
5.5%
Net Margin
2.0%
31.5%
Revenue YoY
12.8%
7.5%
Net Profit YoY
641.9%
31.7%
EPS (diluted)
$0.34
$1.64

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
WSFS
WSFS
Q1 26
$275.3M
Q4 25
$403.4M
$271.9M
Q3 25
$39.5M
$270.5M
Q2 25
$204.0M
$267.5M
Q1 25
$424.2M
$256.1M
Q4 24
$357.8M
$261.5M
Q3 24
$53.3M
$267.7M
Q2 24
$227.3M
$266.0M
Net Profit
MSGS
MSGS
WSFS
WSFS
Q1 26
$86.8M
Q4 25
$8.2M
$72.7M
Q3 25
$-8.8M
$76.4M
Q2 25
$-1.8M
$72.3M
Q1 25
$-14.2M
$65.9M
Q4 24
$1.1M
$64.2M
Q3 24
$-7.5M
$64.4M
Q2 24
$25.5M
$69.3M
Operating Margin
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
5.5%
35.8%
Q3 25
-69.5%
37.3%
Q2 25
-11.1%
35.7%
Q1 25
7.6%
34.0%
Q4 24
3.7%
32.3%
Q3 24
-15.5%
31.9%
Q2 24
23.0%
34.0%
Net Margin
MSGS
MSGS
WSFS
WSFS
Q1 26
31.5%
Q4 25
2.0%
26.7%
Q3 25
-22.3%
28.3%
Q2 25
-0.9%
27.0%
Q1 25
-3.4%
25.7%
Q4 24
0.3%
24.6%
Q3 24
-14.1%
24.1%
Q2 24
11.2%
26.0%
EPS (diluted)
MSGS
MSGS
WSFS
WSFS
Q1 26
$1.64
Q4 25
$0.34
$1.33
Q3 25
$-0.37
$1.37
Q2 25
$-0.08
$1.27
Q1 25
$-0.59
$1.12
Q4 24
$0.05
$1.08
Q3 24
$-0.31
$1.08
Q2 24
$1.07
$1.16

Balance Sheet & Financial Strength

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

Metric
MSGS
MSGS
WSFS
WSFS
Cash + ST InvestmentsLiquidity on hand
$81.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-282.1M
$2.7B
Total Assets
$1.5B
$22.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
$81.3M
$1.7B
Q3 25
$48.6M
Q2 25
$144.6M
Q1 25
$96.5M
Q4 24
$107.8M
$1.2B
Q3 24
$52.3M
Q2 24
$89.1M
Stockholders' Equity
MSGS
MSGS
WSFS
WSFS
Q1 26
$2.7B
Q4 25
$-282.1M
$2.7B
Q3 25
$-294.2M
$2.8B
Q2 25
$-281.4M
$2.7B
Q1 25
$-283.4M
$2.7B
Q4 24
$-273.1M
$2.6B
Q3 24
$-277.5M
$2.7B
Q2 24
$-266.3M
$2.5B
Total Assets
MSGS
MSGS
WSFS
WSFS
Q1 26
$22.1B
Q4 25
$1.5B
$21.3B
Q3 25
$1.5B
$20.8B
Q2 25
$1.5B
$20.8B
Q1 25
$1.5B
$20.5B
Q4 24
$1.4B
$20.8B
Q3 24
$1.4B
$20.9B
Q2 24
$1.3B
$20.7B

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
WSFS
WSFS
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.

Operating Cash Flow
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
$32.4M
$220.0M
Q3 25
$-85.0M
$121.5M
Q2 25
$49.7M
$37.2M
Q1 25
$6.3M
$8.7M
Q4 24
$61.8M
$219.9M
Q3 24
$-26.2M
$3.1M
Q2 24
$108.4M
$44.8M
Free Cash Flow
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
$31.6M
$213.6M
Q3 25
$-85.3M
$120.3M
Q2 25
$49.4M
$35.2M
Q1 25
$3.9M
$6.3M
Q4 24
$61.2M
$205.6M
Q3 24
$-26.5M
$-489.0K
Q2 24
$108.0M
$42.1M
FCF Margin
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
7.8%
78.6%
Q3 25
-216.3%
44.5%
Q2 25
24.2%
13.2%
Q1 25
0.9%
2.5%
Q4 24
17.1%
78.6%
Q3 24
-49.7%
-0.2%
Q2 24
47.5%
15.8%
Capex Intensity
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
0.2%
2.3%
Q3 25
0.9%
0.5%
Q2 25
0.2%
0.7%
Q1 25
0.6%
0.9%
Q4 24
0.1%
5.5%
Q3 24
0.7%
1.4%
Q2 24
0.2%
1.0%
Cash Conversion
MSGS
MSGS
WSFS
WSFS
Q1 26
Q4 25
3.94×
3.03×
Q3 25
1.59×
Q2 25
0.51×
Q1 25
0.13×
Q4 24
55.61×
3.43×
Q3 24
0.05×
Q2 24
4.25×
0.65×

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%

WSFS
WSFS

Segment breakdown not available.

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