NASDAQ: MGIC
Magic Software Enterprises Revenue

Magic Software Enterprises revenue was $552.52M for the trailing 12 months ending Dec 31, 2024, with 0% growth year over year. Quarterly revenue for the quarter (Q4 2024) ending on Dec 31, 2024 was $142.6M, down 0.3% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, MGIC annual revenue was $552.5M, with 3.3% growth year-over-year.

MGIC past revenue growth

How has MGIC's revenue growth performed historically?

Company
3.26%
Industry
3.24%
Market
20.27%
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Revenue Growth vs Industry Performance
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Revenue Growth vs Market Performance
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Accelerating Revenue Growth Performance

MGIC revenue history

Current Revenue
$552.5M
Current Earnings
$36.9M
Current Profit Margin
6.7%
MGIC's has demonstrated consistent long-term... subscribe to Premium to read more.
Long-term Earnings Growth Trend Performance

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MGIC Revenue History By Year

MGIC Yearly RevenueMGIC RevenueMGIC ChangeMGIC Revenue Growth
2024-12-31$552.52M$17.47M+3.26%
2023-12-31$535.05M-$31.74M-5.60%
2022-12-31$566.79M$86.47M+18.00%
2021-12-31$480.33M$109.13M+29.40%
2020-12-31$371.19M$45.56M+13.99%
2019-12-31$325.63M$41.26M+14.51%
2018-12-31$284.38M$26.24M+10.16%
2017-12-31$258.14M$56.49M+28.02%
2016-12-31$201.65M$25.62M+14.55%
2015-12-31$176.03M$11.73M+7.14%
2014-12-31$164.30M$19.35M+13.35%
2013-12-31$144.96M$18.58M+14.70%
2012-12-31$126.38M$13.05M+11.52%
2011-12-31$113.33M$24.75M+27.94%
2010-12-31$88.58M$33.23M+60.03%
2009-12-31$55.35M-$6.63M-10.70%
2008-12-31$61.98M$3.55M+6.08%
2007-12-31$58.43M$5.86M+11.14%
2006-12-31$52.57M$735.00k+1.42%
2005-12-31$51.84M-$13.33M-20.46%
2004-12-31$65.17M$1.78M+2.80%
2003-12-31$63.39M$3.39M+5.64%
2002-12-31$60.00M-$16.56M-21.63%
2001-12-31$76.56M-$13.69M-15.17%
2000-12-31$90.26MN/AN/A

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Magic Software Enterprises Revenue FAQ

What was MGIC's revenue last quarter?

On Invalid Date, Magic Software Enterprises (NASDAQ: MGIC) reported Q4 2024 revenue of $142.58 million up 13.57% year over year. In the same quarter last year, Magic Software Enterprises's revenue was $125.55 million.

What was Magic Software Enterprises's revenue in 2024?

Magic Software Enterprises's annual revenue for the twelve months ending Dec 31, 2024 was $552.52 million, a 3.26% increase year over year.

How much does Magic Software Enterprises make in a day?

Based on Magic Software Enterprises annual revenue for the past five years, MGIC makes an average of $1,373,086.58 per day.

What was Magic Software Enterprises's annual revenue growth in the past year?

As of Q2 2025, Magic Software Enterprises's revenue has grown 3.26% year over year. This is 0.03 percentage points higher than the US Information Technology Services industry revenue growth rate of 3.24%. Magic Software Enterprises's revenue in the past year totaled $552.52 million.

How much does Magic Software Enterprises make in a year?

Magic Software Enterprises's revenue by year for the past five years is:
  • Magic Software Enterprises's revenue for the twelve months ending Dec 31, 2024 was $552.52 million, a 3.26% increase year over year.
  • Magic Software Enterprises's annual revenue for Dec 31, 2023 was $535.05 million, a 5.6% decrease from 2022.
  • Magic Software Enterprises's annual revenue for 2022 was $566.79 million, a 18% increase from 2021.
  • Magic Software Enterprises's annual revenue for 2021 was $480.33 million, a 29.4% increase from 2020.
  • Magic Software Enterprises's annual revenue for 2020 was $371.19 million, a 13.99% increase from 2019.
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