MGIC(Delisted)
Magic Software·NASDAQ
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MGIC fundamentals
During Q3 2025, Magic Software (MGIC) reported revenue of 161.66M, a YoY change of 13.07%. Net income was 11.95M, a YoY change of 15.88%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q1,2020 | Q2,2020 | Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | TTM |
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Start Date | Jan 1, 2020 | Apr 1, 2020 | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | -- |
End Date | Mar 31, 2020 | Jun 30, 2020 | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 85.21M -- | 86.52M -- | 94.89M -- | 104.57M -- | 107.30M +25.92% | 119.16M +37.72% | 120.87M +27.38% | 133.00M +27.19% | 138.71M +29.27% | 136.98M +14.96% | 143.96M +19.11% | 147.15M +10.63% | 142.44M +2.69% | 137.58M +0.44% | 129.48M -10.06% | 125.55M -14.68% | 130.72M -8.23% | 136.25M -0.97% | 142.97M +10.41% | 142.58M +13.57% | 147.34M +12.71% | 151.64M +11.30% | 161.66M +13.07% | 603.22M -- |
Sales and Services Revenue | 85.21M -- | 86.52M -- | 94.89M -- | 104.57M -- | 107.30M +25.92% | 119.16M +37.72% | 120.87M +27.38% | 133.00M +27.19% | 138.71M +29.27% | 136.98M +14.96% | 143.96M +19.11% | 147.15M +10.63% | 142.44M +2.69% | 137.58M +0.44% | 129.48M -10.06% | 125.55M -14.68% | 130.72M -8.23% | 136.25M -0.97% | 142.97M +10.41% | 142.58M +13.57% | 147.34M +12.71% | 151.64M +11.30% | 161.66M +13.07% | 603.22M -- |
Cost of Revenue | 60.02M -- | 61.73M -- | 65.79M -- | 73.69M -- | 77.11M +28.48% | 86.35M +39.89% | 88.24M +34.12% | 95.63M +29.77% | 101.13M +31.15% | 100.39M +16.25% | 104.60M +18.53% | 105.33M +10.14% | 103.56M +2.40% | 97.28M -3.10% | 92.65M -11.43% | 88.58M -15.89% | 94.02M -9.21% | 97.41M +0.13% | 103.29M +11.48% | 100.63M +13.59% | 106.70M +13.49% | 109.27M +12.18% | 117.45M +13.71% | 434.05M -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | 261.60M -- | -- -- | -- -- | -- -- | 347.33M +32.77% | -- -- | -- -- | -- -- | 411.44M +18.46% | -- -- | -- -- | 92.65M -- | 88.58M -78.47% | 94.02M -- | 97.41M -- | 103.29M +11.48% | 99.98M +12.86% | 106.70M +13.49% | 109.27M +12.18% | 117.45M +13.71% | 433.40M -- |
Gross Profit | 25.19M -- | 24.79M -- | 29.10M -- | 30.89M -- | 30.19M +19.84% | 32.80M +32.31% | 32.63M +12.12% | 37.38M +21.01% | 37.58M +24.48% | 36.59M +11.55% | 39.36M +20.65% | 41.82M +11.90% | 38.88M +3.48% | 40.30M +10.14% | 36.84M -6.42% | 36.96M -11.62% | 36.70M -5.62% | 38.84M -3.63% | 39.68M +7.72% | 42.60M +15.27% | 40.63M +10.71% | 42.37M +9.09% | 44.21M +11.41% | 169.82M -- |
Other Operating Income | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 906.00K -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 829.00K -- | -- -- | -- -- | -- -- | -- -- |
Operating Expenses | 16.45M -- | 14.95M -- | 18.07M -- | 19.92M -- | 17.98M +9.33% | 20.11M +34.51% | 20.58M +13.91% | 22.20M +11.47% | 21.45M +19.31% | 21.62M +7.51% | 23.25M +13.00% | 27.75M +24.99% | 23.54M +9.71% | 24.86M +14.97% | 23.51M +1.10% | 23.98M -13.60% | 22.27M -5.37% | 23.80M -4.24% | 24.61M +4.69% | 26.73M +11.49% | 24.89M +11.74% | 26.73M +12.30% | 27.09M +10.09% | 105.44M -- |
Selling, General and Administrative Expenses | 14.27M -- | 12.96M -- | 15.75M -- | 16.52M -- | 15.79M +10.60% | 17.73M +36.78% | 17.60M +11.78% | 18.25M +10.48% | 19.11M +21.10% | 19.45M +9.69% | 20.99M +19.22% | 24.75M +35.63% | 21.16M +10.72% | 22.43M +15.34% | 20.85M -0.67% | 21.03M -15.03% | 19.48M -7.96% | 20.96M -6.58% | 21.58M +3.50% | 22.10M +5.05% | 21.64M +11.09% | 23.30M +11.21% | 23.92M +10.86% | 90.96M -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | 31.16M -- | -- -- | -- -- | -- -- | 38.15M +22.42% | -- -- | -- -- | -- -- | 46.86M +22.83% | -- -- | -- -- | -- -- | 44.50M -5.03% | -- -- | -- -- | -- -- | 42.10M -5.39% | -- -- | -- -- | -- -- | -- -- |
General and Administrative Expenses | -- -- | -- -- | -- -- | 27.97M -- | -- -- | -- -- | -- -- | 31.22M +11.64% | -- -- | -- -- | -- -- | 37.55M +20.27% | -- -- | -- -- | -- -- | 40.81M +8.68% | -- -- | -- -- | -- -- | 42.01M +2.94% | -- -- | -- -- | -- -- | -- -- |
Research and Development Expenses | 2.17M -- | 1.99M -- | 2.32M -- | 2.31M -- | 2.20M +1.01% | 2.36M +18.80% | 2.31M -0.13% | 2.12M -8.10% | 2.34M +6.51% | 2.60M +9.86% | 2.44M +5.53% | 2.71M +27.84% | 2.54M +8.55% | 2.42M -6.59% | 2.66M +9.01% | 2.70M -0.41% | 2.79M +10.00% | 2.85M +17.40% | 3.03M +13.98% | 4.64M +71.55% | 3.25M +16.25% | 3.42M +20.30% | 3.17M +4.58% | 14.48M -- |
Other Operating Expenses | -- -- | -- -- | -- -- | 1.09M -- | -- -- | 18.00K -- | 660.00K -- | 1.83M +68.11% | -- -- | -423.00K -2450.00% | -177.00K -126.82% | 283.00K -84.53% | -165.00K -- | -- -- | -- -- | 240.00K -15.19% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | 8.75M -- | 9.84M -- | 11.03M -- | 10.97M -- | 12.21M +39.58% | 12.69M +28.98% | 12.05M +9.21% | 15.17M +38.34% | 16.12M +32.08% | 14.97M +17.95% | 16.11M +33.71% | 14.98M -1.29% | 15.35M -4.82% | 15.45M +3.18% | 13.33M -17.27% | 12.98M -13.31% | 14.43M -6.00% | 15.04M -2.65% | 15.07M +13.07% | 16.70M +28.63% | 15.74M +9.13% | 15.64M +4.02% | 17.11M +13.56% | 65.20M -- |
Non-Operating Income (Loss) | 517.00K -- | -1.14M -- | -589.00K -- | -1.98M -- | -1.15M -321.66% | -1.30M -14.89% | -1.07M -82.51% | -2.98M -50.71% | -1.66M -44.68% | -409.00K +68.63% | -812.00K +24.47% | -1.74M +41.56% | -699.00K +57.84% | -316.00K +22.74% | -1.70M -109.61% | -1.96M -12.23% | -1.64M -135.19% | -1.24M -290.82% | -1.48M +12.87% | -2.11M -7.77% | -1.06M +35.22% | -725.00K +41.30% | -1.70M -14.50% | -5.59M -- |
Income (Loss) from Affiliates | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -56.00K -- | -- -- | -- -- | -119.00K -- | -108.00K -92.86% | -- -- | -- -- | 0 +100.00% | -- -- |
Other Non-Operating Income (Loss) | -- -- | -- -- | -- -- | -2.27M -- | -437.00K -- | -- -- | -- -- | -2.82M -24.21% | -844.00K -93.14% | 122.00K -- | -- -- | -744.00K +73.59% | -135.00K +84.00% | -- -- | -- -- | -290.00K +61.02% | -- -- | -- -- | -- -- | -302.00K -4.14% | -- -- | -- -- | -- -- | -- -- |
Net Interest Expense | -517.00K -- | 1.14M -- | 589.00K -- | -290.00K -- | 709.00K +237.14% | 1.30M +14.89% | 1.07M +82.51% | 164.00K +156.55% | 814.00K +14.81% | 531.00K -59.28% | 812.00K -24.47% | 998.00K +508.54% | 564.00K -30.71% | 316.00K -40.49% | 1.70M +109.61% | 1.61M +61.22% | 1.64M +191.49% | 1.24M +290.82% | 1.36M -19.86% | 1.70M +5.47% | 1.06M -35.22% | 725.00K -41.30% | 1.70M +24.49% | 5.18M -- |
Interest Expense | -- -- | -- -- | -- -- | 1.02M -- | -- -- | -- -- | -- -- | 3.80M +273.84% | -- -- | -- -- | -- -- | 4.99M +31.33% | -- -- | -- -- | -- -- | 9.23M +84.80% | -- -- | -- -- | 1.36M -- | 4.86M -47.33% | -- -- | -- -- | 1.70M +24.49% | -- -- |
Interest Income | -- -- | -- -- | -- -- | 100.00K -- | -- -- | -- -- | -- -- | 113.00K +13.00% | -- -- | -- -- | -- -- | 1.39M +1131.86% | -- -- | -- -- | -- -- | 4.90M +252.08% | -- -- | -- -- | -- -- | 3.16M -35.46% | -- -- | -- -- | -- -- | -- -- |
Pretax Income From Continuing Operations | 9.26M -- | 8.71M -- | 10.44M -- | 8.99M -- | 11.06M +19.42% | 11.39M +30.81% | 10.97M +5.07% | 11.84M +31.68% | 14.47M +30.77% | 14.56M +27.87% | 15.30M +39.41% | 12.87M +8.73% | 14.65M +1.26% | 15.13M +3.91% | 11.63M -24.00% | 11.03M -14.31% | 12.72M -13.18% | 13.72M -9.34% | 13.59M +16.87% | 14.59M +32.33% | 14.55M +14.42% | 14.75M +7.53% | 15.42M +13.46% | 59.31M -- |
Income Tax Expense | 1.99M -- | 2.08M -- | 2.04M -- | 1.18M -- | 2.27M +14.19% | 2.30M +10.72% | 2.21M +8.48% | 3.57M +203.31% | 3.21M +41.19% | 3.61M +56.68% | 2.39M +8.14% | 1.86M -47.80% | 2.81M -12.23% | 2.46M -31.99% | 2.94M +22.99% | 1.72M -7.56% | 2.73M -2.99% | 3.04M +23.83% | 3.27M +11.25% | 2.29M +32.60% | 2.91M +6.71% | 3.32M +9.34% | 3.46M +5.84% | 11.99M -- |
Current Income Tax | -- -- | -- -- | -- -- | 8.94M -- | -- -- | -- -- | -- -- | 13.97M +56.33% | -- -- | -- -- | -- -- | 17.67M +26.50% | -- -- | -- -- | -- -- | 11.11M -37.12% | -- -- | -- -- | -- -- | 12.90M +16.04% | -- -- | -- -- | -- -- | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | -1.65M -- | -- -- | -- -- | -- -- | -3.69M -123.76% | -- -- | -- -- | -- -- | -6.53M -76.98% | -- -- | -- -- | -- -- | -1.18M +81.96% | -- -- | -- -- | -- -- | -1.57M -32.99% | -- -- | -- -- | -- -- | -- -- |
Net Income | 7.28M -- | 6.63M -- | 8.40M -- | 7.81M -- | 8.79M +20.85% | 9.09M +37.13% | 8.76M +4.25% | 8.26M +5.80% | 11.26M +28.08% | 10.95M +20.56% | 12.91M +47.31% | 11.01M +33.17% | 11.84M +5.10% | 12.68M +15.74% | 8.69M -32.71% | 9.30M -15.46% | 9.99M -15.60% | 10.68M -15.76% | 10.31M +18.77% | 12.31M +32.28% | 11.64M +16.53% | 11.43M +7.01% | 11.95M +15.88% | 47.33M -- |
Net Income Attributable to Minority Interests | 1.42M -- | 889.00K -- | 1.32M -- | 1.30M -- | 1.25M -12.17% | 1.31M +46.91% | 1.26M -4.17% | 1.75M +34.77% | 1.55M +23.78% | 1.40M +7.35% | 1.39M +9.88% | -16.00K -100.91% | 1.73M +11.71% | 1.38M -1.28% | 1.54M +10.72% | 821.00K +5231.25% | 1.19M -30.98% | -1.65M -219.00% | 1.88M +22.42% | 1.69M +105.24% | 2.16M +81.38% | -1.51M +8.26% | 2.09M +10.93% | 4.43M -- |
Net Income Attributable to Owners of the Company | 5.85M -- | 5.74M -- | 7.08M -- | 6.51M -- | 7.54M +28.87% | 7.78M +35.61% | 7.50M +5.82% | 6.95M +6.70% | 9.71M +28.79% | 9.55M +22.78% | 11.52M +53.62% | 11.34M +63.16% | 10.11M +4.05% | 11.29M +18.24% | 7.15M -37.95% | 8.48M -25.16% | 8.86M -12.34% | 12.41M +9.90% | 8.43M +17.98% | 10.62M +25.22% | 9.60M +8.39% | 13.11M +5.59% | 9.86M +16.98% | 43.20M -- |
Other Adjustments | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | 0 -- | 64.00K -- | -85.00K -- | -- -- | -- -- | 126.00K +96.88% | -166.00K -95.29% | -- -- | -- -- |
Net Income Attributable to Common Stockholders | 5.85M -- | 5.74M -- | 7.08M -- | 6.51M -- | 7.54M +28.87% | 7.78M +35.61% | 7.50M +5.82% | 6.95M +6.70% | 9.71M +28.79% | 9.55M +22.78% | 11.52M +53.62% | 11.34M +63.16% | 10.11M +4.05% | 11.29M +18.24% | 7.15M -37.95% | 8.48M -25.16% | 8.80M -12.97% | 12.50M +10.65% | 8.43M +17.98% | 10.62M +25.22% | 9.48M +7.74% | 13.27M +6.20% | 9.86M +16.98% | 43.23M -- |
Other Comprehensive Income | -- -- | -- -- | -- -- | 10.27M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income | -- -- | -- -- | -- -- | 40.39M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income Attributable to Minority Interests | -- -- | -- -- | -- -- | 7.05M -- | -- -- | -- -- | -- -- | 6.50M -7.82% | -- -- | -- -- | -- -- | 2.53M -61.00% | -- -- | -- -- | -- -- | 4.80M +89.38% | -- -- | -- -- | -- -- | 6.29M +31.02% | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income Attributable to Owners of the Company | -- -- | -- -- | -- -- | 33.34M -- | -- -- | -- -- | -- -- | 31.59M -5.25% | -- -- | -- -- | -- -- | 24.65M -21.99% | -- -- | -- -- | 8.69M -- | 78.00K -99.68% | 10.05M -- | 10.77M -- | -- -- | 35.08M +44878.21% | 11.77M +17.04% | 11.60M +7.71% | -- -- | -- -- |
Basic EPS | 0.12 -- | 0.12 -- | 0.15 -- | 0.13 -- | 0.15 +25.00% | 0.16 +33.33% | 0.15 -- | 0.05 -61.54% | 0.2 +33.33% | 0.19 +18.75% | 0.23 +53.33% | 0.19 +280.00% | 0.21 +5.00% | 0.23 +21.05% | 0.15 -34.78% | 0.17 -10.53% | 0.18 -14.29% | 0.18 -21.74% | 0.17 +13.33% | 0.22 +29.41% | 0.19 +5.56% | 0.2 +11.11% | 0.2 +17.65% | 0.81 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0.15 -- | -- -- | 0.18 -- | 0.18 -- | 0.17 +13.33% | -- -- | 0.19 +5.56% | 0.2 +11.11% | 0.2 +17.65% | -- -- |
Diluted EPS | 0.12 -- | 0.12 -- | 0.14 -- | -- -- | 0.15 +25.00% | 0.16 +33.33% | 0.15 +7.14% | 0.05 -- | 0.2 +33.33% | 0.19 +18.75% | 0.23 +53.33% | 0.19 +280.00% | 0.21 +5.00% | 0.23 +21.05% | 0.15 -34.78% | 0.17 -10.53% | 0.18 -14.29% | 0.18 -21.74% | 0.17 +13.33% | 0.22 +29.41% | 0.19 +5.56% | 0.2 +11.11% | 0.2 +17.65% | 0.81 -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0.15 -- | -- -- | 0.18 -- | 0.18 -- | 0.17 +13.33% | -- -- | 0.19 +5.56% | 0.2 +11.11% | 0.2 +17.65% | -- -- |
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