Filing Flows › Mgic Investment (MTG) › Q3 2026 › vs Q3 2025
Mgic Investment (MTG) Q3 2026 vs Q3 2025 (year over year)
Mgic Investment's revenue fell $5.4M (-2%) from $305M in Q3 2025 to $299M in Q3 2026. Operating margin 74.0% against 77.2% (-3.2 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 74.0% | 77.2% | -3.2 pts |
| Net margin | 58.5% | 62.8% | -4.3 pts |
| Free cash flow margin | 72.3% | 70.6% | +1.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $299M | $305M | −$5.4M | -2% |
| Operating profit | $221M | $235M | −$13.8M | -6% |
| Costs & expenses | $77.8M | $69.4M | $8.3M | +12% |
| Pre-tax earnings | $221M | $235M | −$13.8M | -6% |
| Net earnings | $175M | $191M | −$16.1M | -8% |
| Income tax | $46.3M | $44.0M | $2.4M | +5% |
| Depreciation & amortization | $954K | $900K | $54K | +6% |
| Share-based compensation | $5.2M | $5.9M | −$680K | -12% |
| Working capital & other | $35.3M | $17.5M | $17.8M | +102% |
| Operating cash flow | $216M | $215M | $1.0M | +0.5% |
| Free cash flow (OCF − capex) | $216M | $215M | $1.2M | +0.6% |
| Capital expenditures | $111K | $279K | −$168K | -60% |
Questions
How much did Mgic Investment's revenue grow year over year in Q3 2026?
Mgic Investment's revenue fell $5.4M (-2%) from $305M in Q3 2025 to $299M in Q3 2026. Operating margin 74.0% against 77.2% (-3.2 pts).