Filing Flows

Filing Flows › Companies › Mgic Investment › Cash flow

Mgic Investment cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$216M in Q3 2026 · $708M over twelve months

Operating cash flow$216M
Capital spending−$111K
Free cash flow+$216M
Cash / net income1.2×

Analysis

In Q3 2026, Mgic Investment generated $216M of operating cash flow and spent $111K on capital projects, leaving free cash flow of $216M. That is $1.2M more than in Q3 2025 ($215M).

Over the twelve months to Sep 30, 2026, operating cash flow was $709M; the largest uses were buybacks ($718M), dividends ($135M), taxes on employees’ shares ($22.5M); besides operations, cash came from other investing ($120M); the cash balance fell by $48.0M.

Operating cash flow was $216M against net income of $175M — 1.2× profit, cash ran ahead of reported earnings. The largest differences: income taxes payable +$33.8M, stock-based pay +$5.2M, other operating capital +$3.3M.

Free cash flow

Mgic Investment: free cash flow by quarterMgic Investment: free cash flow by quarter$182MQ4 2024$224MQ1 2025$183MQ2 2025$215MQ3 2025$230MQ4 2025$76.7MQ1 2026$184MQ2 2026$216MQ3 2026
Operating cash flow less capital spending.
Mgic Investment: operating cash flow against capital spendingMgic Investment: operating cash flow against capital spendingOperating cash flowCapital spending$182M$514KQ4 2024$224M$125KQ1 2025$183M$20KQ2 2025$215M$279KQ3 2025$231M$601KQ4 2025$76.9M$184KQ1 2026$185M$473KQ2 2026$216M$111KQ3 2026
Latest (Q3 2026): Operating cash flow $216M, Capital spending $111K.

Capital allocation, year by year

Mgic Investment: where the cash came from (up) and went (down), by fiscal yearMgic Investment: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingBuybacksDividendsFY2021: Operating cash flow $696MFY2021: Capital spending −$4.1MFY2021: Buybacks −$291MFY2021: Dividends −$94.2M$696MFY2021FY2022: Operating cash flow $650MFY2022: Net borrowing −$242MFY2022: Capital spending −$3.3MFY2022: Buybacks −$386MFY2022: Dividends −$111M$650MFY2022FY2023: Operating cash flow $713MFY2023: Asset sales $2.3MFY2023: Capital spending −$2.0MFY2023: Buybacks −$337MFY2023: Dividends −$123M$715MFY2023FY2024: Operating cash flow $725MFY2024: Capital spending −$1.2MFY2024: Buybacks −$569MFY2024: Dividends −$130M$725MFY2024FY2025: Operating cash flow $853MFY2025: Capital spending −$1.0MFY2025: Buybacks −$789MFY2025: Dividends −$132M$853MFY2025
Over these 5 years operating cash flow totalled $3.6B; the largest uses were buybacks ($2.4B) and dividends ($591M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$215M
Debtnone
Net cash$215M

Mgic Investment funds itself: free cash flow was $708M over the last twelve months, with $215M of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Mgic Investment: sources (+) and uses (−) of cash, Q3 2026Mgic Investment: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$216MBuybacks−$152MDividends−$34.8MOther investing−$21.1MCash drawn (+) / kept (−)−$8.7MCapital spending−$111KTaxes on employees’ shares−$70K
Mgic Investment: sources (+) and uses (−) of cash, TTM to Q3 2026Mgic Investment: sources (+) and uses (−) of cash, TTM to Q3 2026Buybacks−$718MOperating cash flow$709MDividends−$135MOther investing$120MCash drawn (+) / kept (−)$48.0MTaxes on employees’ shares−$22.5MCapital spending−$1.4M

From profit to cash

Mgic Investment: net income to operating cash flow, Q3 2026Mgic Investment: net income to operating cash flow, Q3 2026Net income$175MDepreciation & amortization$954KStock-based pay$5.2MDeferred taxes−$2.1MIncome taxes payable$33.8MOther operating capital$3.3MOperating cash flow$216M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingBuybacksDividendsCash drawn (+) / kept (−)Free cash flow
Q3 2026$216M−$111K−$152M−$34.8M−$8.7M$216M
Q2 2026$185M−$473K−$185M−$31.6M$34.4M$184M
Q1 2026$76.9M−$184K−$192M−$35.2M$126M$76.7M
Q4 2025$231M−$601K−$189M−$33.4M−$104M$230M
Q3 2025$215M−$279K−$188M−$34.4M$27.1M$215M
Q2 2025$183M−$20K−$186M−$30.8M−$86.2M$183M
Q1 2025$224M−$125K−$225M−$33.9M$21.9M$224M
Q4 2024$182M−$514K−$195M−$32.9M$65.0M$182M

Mgic Investment: income statement and cash flow

Mgic Investment, Q3 2026: revenue $299M (-2% year over year), operating margin 74.0%. The chart follows the revenue to costs, profit and cash.

Mgic Investment: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.