Filing Flows › Mgic Investment (MTG) › Q1 2025
Mgic Investment (MTG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Mgic Investment (MTG) reported revenue of $306M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +2% from the quarter before. Operating margin was 76.6%, net earnings $185M (60.6% of revenue).
Mgic Investment, Q1 2025: revenue $306M (+4% year over year), operating margin 76.6%, net earnings $185M, operating cash flow $224M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | +2% | +4% |
| Operating profit | $235M | 0% | +7% |
| Net earnings | $185M | +0.4% | +7% |
| Operating cash flow | $224M | +23% | +17% |
| Free cash flow | $224M | +23% | +17% |
What changed
Revenue was $306.2M in Q1 2025, up 4% year over year and up 2% from the previous quarter.
Operating profit was $234.7M, a 76.6% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 125% reached operating profit, above the 75% margin then. Total costs fell 4% while revenue rose 4%. Net earnings were $185.5M, up 7% year over year. The effective tax rate was 21.0%.
Operating cash flow was $223.7M (up 17% year over year), 121% of net earnings. Non-cash charges added back $2.7M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items added $27.4M. Capital expenditures of $125K left free cash flow of $223.5M.
Questions
What was Mgic Investment's revenue in the first quarter 2025?
Mgic Investment (MTG) reported revenue of $306M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +2% from the quarter before.
Was Mgic Investment profitable in the first quarter 2025?
Operating profit was $235M (76.6% of revenue) and net earnings $185M.
Source: Mgic Investment 10-Q on SEC EDGAR.