Magic Software
Engineering Software · Israel · 1K - 5K Employees
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Overview
Headquarters
Yaadut Canada 1 St Terminal Center, Or Y...Phone Number
+972 35389292Website
www.magicsoftware.comRevenue
$569.1 MillionStock Symbol
MGICIndustry
ZI Rank: 2
Signal Type
Dec
Jan
Feb
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May
ZI Rank
3
3
2
3
1
2
About Magic Software
Magic Software Enterprises is a global provider of software platforms for enterprise mobility, cloud applications, and business integration.Explore more
Magic Software Org Chart
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Company Profile Activity
Activity Insights
Magic Software is experiencing very low activity levels compared to other companies in the Software sector.
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Magic Software is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Magic Software.
Magic Software financials insights
Gather financial insights about Magic Software, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2011
Unspecified
$3.7M
2014
Stock Offering
$54.7M
2016
Debt
$31.5M
2018
Share Placement
$35M
Magic Software Tech Stack
A closer look at the technologies used by Magic Software
Most Recent Scoops
Person-Based
Cloud, Infrastructure
Earnings
reported that in Q2 2025, revenues in North America increased by 6.5% to $62.2 million, while revenue from Israeli operations totaled $68.7 million, an increase of 18.8% year-over-year.
Earnings, Business Intelligence, Analytics & Insights, Accounting, Financial Reporting, Finance
Earnings
reported a non-GAAP gross margin of 28.7% of revenue, amounting to $43.6 million in Q2 2025, compared to 29.4% or $40.1 million in Q2 2024.
Earnings, Business Intelligence, Analytics & Insights, Accounting, Financial Reporting, Finance
Project
Magic Software announced strategic alliances with global leaders such as AWS, Azure, and Google Cloud, supporting more than 100 AI-focused events to empower organizations in finance, healthcare, government, defense, and manufacturing to accelerate innovation, enhance productivity, and secure competitive advantage in the AI era.
Cloud, Events, Business Development, Artificial Intelligence
Earnings
Cloud, Earnings, Business Intelligence, Analytics & Insights, DevOps, Artificial Intelligence, Finance
Magic Software News & Media
How Magic Software’s Record Q3 and Matrix Merger Set the Stage for 2026
Magic Software Enterprises Ltd. (NASDAQ:MGIC) is one of the best-performing small-cap tech stocks in the past three years. On November 18, the company posted record Q3 revenue of $161.7 million, up 13.1% year-over-year, powered by demand across its IT consulting and enterprise software services. Despite a stable gross margin at 27.3%, the company tightened the […]Magic Software Reports Third quarter 2025 Financial Results with Record-Braking Revenues of $161.7$ million – a 13.1% Year Over Year Increase
Operating income for the third quarter increased 13.6% year over year to a third quarter record-braking result of $17.1 million; Non-GAAP operating income for the third quarter increased by 8.1% year over year to a third quarter record-breaking $19.9 millionEquities Analysts Issue Forecasts for MGIC Q3 Earnings - MarketBeat
Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) - Research analysts at William Blair raised their Q3 2025 earnings per share (EPS) estimates for shares of Magic Software Enterprises in a note issued to investors on Wednesday, August 13th. William Blair analyst M. Nolan now anticipatesMagic Software Reports Second Quarter and First Half 2025 Financial Results
OR YEHUDA, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the second quarter and first half ended June 30, 2025.
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