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How Mgic Investment (MTG) makes money
Mgic Investment (MTG) made $299M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Of every dollar of revenue, 74¢ was left as operating profit, 59¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $299M | 100.0% |
| Operating profit | $221M | 74.0% |
| Income tax | $46.3M | 15.5% |
| Net earnings | $175M | 58.5% |
| Operating cash flow | $216M | 72.4% |
| Free cash flow | $216M | 72.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $299M | -2% |
| Q2 2026 | $295M | -3% |
| Q1 2026 | $297M | -3% |
| Q4 2025 | $299M | -0.9% |
| Q3 2025 | $305M | -0.7% |
| Q2 2025 | $304M | -0.3% |
| Q1 2025 | $306M | +4% |
From Mgic Investment's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Mgic Investment make money?
Mgic Investment (MTG) made $299M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Of every dollar of revenue, 74¢ was left as operating profit, 59¢ was left as net earnings.
What is Mgic Investment's profit margin?
Net earnings were $175M, 58.5% of revenue, in the third quarter 2026; the operating margin was 74.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.