Filing Flows › Mgic Investment (MTG) › Q3 2026 › vs Q2 2026
Mgic Investment (MTG) Q3 2026 vs Q2 2026 (quarter over quarter)
Mgic Investment's revenue rose $3.7M (+1%) from $295M in Q2 2026 to $299M in Q3 2026. Operating margin 74.0% against 77.8% (-3.8 pts).
Mgic Investment, Q3 2026: revenue $299M (-2% year over year), operating margin 74.0%, net earnings $175M, operating cash flow $216M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 74.0% | 77.8% | -3.8 pts |
| Net margin | 58.5% | 61.7% | -3.2 pts |
| Free cash flow margin | 72.3% | 62.5% | +9.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $299M | $295M | $3.7M | +1% |
| Operating profit | $221M | $230M | −$8.6M | -4% |
| Costs & expenses | $77.8M | $65.5M | $12.3M | +19% |
| Pre-tax earnings | $221M | $230M | −$8.6M | -4% |
| Net earnings | $175M | $182M | −$7.2M | -4% |
| Income tax | $46.3M | $47.8M | −$1.4M | -3% |
| Depreciation & amortization | $954K | $2.0M | −$1.0M | -51% |
| Share-based compensation | $5.2M | $5.8M | −$598K | -10% |
| Working capital & other | $35.3M | −$5.0M | $40.3M | — |
| Operating cash flow | $216M | $185M | $31.5M | +17% |
| Free cash flow (OCF − capex) | $216M | $184M | $31.8M | +17% |
| Capital expenditures | $111K | $473K | −$362K | -77% |
Questions
How much did Mgic Investment's revenue grow quarter over quarter in Q3 2026?
Mgic Investment's revenue rose $3.7M (+1%) from $295M in Q2 2026 to $299M in Q3 2026. Operating margin 74.0% against 77.8% (-3.8 pts).