vs

Side-by-side financial comparison of EMERSON RADIO CORP (MSN) and UNIVERSAL ELECTRONICS INC (UEIC). Click either name above to swap in a different company.

UNIVERSAL ELECTRONICS INC is the larger business by last-quarter revenue ($87.7M vs $1.9M, roughly 46.4× EMERSON RADIO CORP). On growth, UNIVERSAL ELECTRONICS INC posted the faster year-over-year revenue change (-20.6% vs -52.8%). Over the past eight quarters, UNIVERSAL ELECTRONICS INC's revenue compounded faster (-2.3% CAGR vs -7.3%).

Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.

Universal Electronics Inc. (UEI) is an American smart home technology provider and manufacturer of universal remote controls, IoT devices such as voice-enabled smart home hubs, smart thermostats, home sensors; as well as a white label digital assistant platform optimized for smart home applications, and other software and cloud services for device discovery, fingerprinting and interoperability. The company designs, develops, manufactures and ships products both under the "One For All" brand a...

MSN vs UEIC — Head-to-Head

Bigger by revenue
UEIC
UEIC
46.4× larger
UEIC
$87.7M
$1.9M
MSN
Growing faster (revenue YoY)
UEIC
UEIC
+32.2% gap
UEIC
-20.6%
-52.8%
MSN
Faster 2-yr revenue CAGR
UEIC
UEIC
Annualised
UEIC
-2.3%
-7.3%
MSN

Income Statement — Q3 2026 vs Q4 2025

Metric
MSN
MSN
UEIC
UEIC
Revenue
$1.9M
$87.7M
Net Profit
$-694.0K
Gross Margin
10.9%
29.7%
Operating Margin
-43.7%
1.0%
Net Margin
-36.7%
Revenue YoY
-52.8%
-20.6%
Net Profit YoY
-31.7%
EPS (diluted)
$-0.03
$-0.09

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
MSN
MSN
UEIC
UEIC
Q4 25
$1.9M
$87.7M
Q3 25
$1.2M
$90.6M
Q2 25
$1.7M
$97.7M
Q1 25
$1.8M
$92.3M
Q4 24
$4.0M
$110.5M
Q3 24
$2.7M
$102.1M
Q2 24
$2.2M
$90.5M
Q1 24
$2.2M
$91.9M
Net Profit
MSN
MSN
UEIC
UEIC
Q4 25
$-694.0K
Q3 25
$-1.0M
$-8.3M
Q2 25
$-1.1M
$-2.9M
Q1 25
$-2.4M
$-6.3M
Q4 24
$-527.0K
Q3 24
$-881.0K
$-2.7M
Q2 24
$-962.0K
$-8.2M
Q1 24
$-883.0K
$-8.6M
Gross Margin
MSN
MSN
UEIC
UEIC
Q4 25
10.9%
29.7%
Q3 25
-0.1%
27.7%
Q2 25
0.7%
29.9%
Q1 25
-3.0%
28.3%
Q4 24
12.3%
28.4%
Q3 24
9.9%
30.1%
Q2 24
8.8%
28.7%
Q1 24
15.9%
28.3%
Operating Margin
MSN
MSN
UEIC
UEIC
Q4 25
-43.7%
1.0%
Q3 25
-98.4%
-5.0%
Q2 25
-78.1%
1.0%
Q1 25
-137.8%
-4.1%
Q4 24
-18.3%
-3.9%
Q3 24
-40.8%
0.4%
Q2 24
-55.6%
-4.9%
Q1 24
-52.2%
-7.5%
Net Margin
MSN
MSN
UEIC
UEIC
Q4 25
-36.7%
Q3 25
-85.8%
-9.2%
Q2 25
-68.1%
-3.0%
Q1 25
-127.9%
-6.8%
Q4 24
-13.2%
Q3 24
-32.2%
-2.6%
Q2 24
-43.8%
-9.1%
Q1 24
-40.1%
-9.4%
EPS (diluted)
MSN
MSN
UEIC
UEIC
Q4 25
$-0.03
$-0.09
Q3 25
$-0.05
$-0.62
Q2 25
$-0.05
$-0.22
Q1 25
$-0.10
$-0.48
Q4 24
$-0.03
$-0.35
Q3 24
$-0.04
$-0.20
Q2 24
$-0.05
$-0.63
Q1 24
$-0.04
$-0.67

Balance Sheet & Financial Strength

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

Metric
MSN
MSN
UEIC
UEIC
Cash + ST InvestmentsLiquidity on hand
$13.3M
$32.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$18.6M
$146.2M
Total Assets
$20.1M
$274.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSN
MSN
UEIC
UEIC
Q4 25
$13.3M
$32.3M
Q3 25
$13.5M
$31.5M
Q2 25
$15.5M
$34.3M
Q1 25
$16.1M
$27.4M
Q4 24
$16.4M
$26.8M
Q3 24
$16.7M
$26.3M
Q2 24
$18.9M
$23.1M
Q1 24
$19.9M
$26.9M
Stockholders' Equity
MSN
MSN
UEIC
UEIC
Q4 25
$18.6M
$146.2M
Q3 25
$19.3M
$146.1M
Q2 25
$20.4M
$152.8M
Q1 25
$21.5M
$150.0M
Q4 24
$23.9M
$153.1M
Q3 24
$24.4M
$161.2M
Q2 24
$25.3M
$159.8M
Q1 24
$26.2M
$169.7M
Total Assets
MSN
MSN
UEIC
UEIC
Q4 25
$20.1M
$274.0M
Q3 25
$20.7M
$280.7M
Q2 25
$23.3M
$304.1M
Q1 25
$23.5M
$310.6M
Q4 24
$26.4M
$323.4M
Q3 24
$26.6M
$321.3M
Q2 24
$28.5M
$314.0M
Q1 24
$29.1M
$322.9M

Cash Flow & Capital Efficiency

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

Metric
MSN
MSN
UEIC
UEIC
Operating Cash FlowLast quarter
$-228.0K
$-4.2M
Free Cash FlowOCF − Capex
$-4.9M
FCF MarginFCF / Revenue
-5.6%
Capex IntensityCapex / Revenue
0.0%
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$19.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSN
MSN
UEIC
UEIC
Q4 25
$-228.0K
$-4.2M
Q3 25
$-2.0M
$10.1M
Q2 25
$-514.0K
$8.7M
Q1 25
$-391.0K
$9.0M
Q4 24
$-293.0K
$6.5M
Q3 24
$-2.1M
$5.7M
Q2 24
$-840.0K
$5.5M
Q1 24
$-2.2M
$-2.8M
Free Cash Flow
MSN
MSN
UEIC
UEIC
Q4 25
$-4.9M
Q3 25
$9.3M
Q2 25
$7.5M
Q1 25
$7.9M
Q4 24
$-301.0K
$5.5M
Q3 24
$-2.1M
$4.8M
Q2 24
$-1.0M
$4.1M
Q1 24
$-2.3M
$-4.1M
FCF Margin
MSN
MSN
UEIC
UEIC
Q4 25
-5.6%
Q3 25
10.2%
Q2 25
7.7%
Q1 25
8.6%
Q4 24
-7.5%
4.9%
Q3 24
-77.8%
4.7%
Q2 24
-46.4%
4.5%
Q1 24
-102.3%
-4.5%
Capex Intensity
MSN
MSN
UEIC
UEIC
Q4 25
0.0%
0.8%
Q3 25
0.0%
1.0%
Q2 25
0.0%
1.2%
Q1 25
0.0%
1.1%
Q4 24
0.2%
0.9%
Q3 24
0.3%
0.8%
Q2 24
8.2%
1.5%
Q1 24
0.5%
1.5%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSN
MSN

Segment breakdown not available.

UEIC
UEIC

Other$39.6M45%
Connected Home$29.8M34%
Asia Excluding Peoples Republic Of China$18.4M21%

Related Comparisons