Magic Software Enterprises Ltd (MGIC) Gross Profit Margin starting from the fourth quarter 2023 to fourth quarter 2022, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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• Gross Margin
• EBITDA Margin
• Operating Margin
• Net Margin
• Pre-Tax Margin
• Effective Tax Rate
• Free Cash Flow Margin
• Cash Flow Margin
Magic Software Enterprises Ltd   (NASDAQ: MGIC)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology


Magic Software Enterprises Ltd 's Gross Profit Margin by quarter

Trends, Rankings, Statistics


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MGIC Gross Profit Margin (Dec 31 2023)
Q4 		0
Q3 		0
Q2 		0
Q1 		(Dec 31 2022)
Q4
Y / Y Revenue Change -
Seq. Revenue Change -
Revenue In Millions $535.05
Gross Profit Margin 28.59 %
Gross Profit Margin Total Ranking # 2808
Gross Profit In Millions $152.99
Y / Y Gross Profit Change -
Seq. Gross Profit Change -


Commenting fourth quarter 2023 Gross Profit Margin



Observing fourth quarter 2023 results within Software & Programming industry 201 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated relative to the three months before, from to 2808.
Learn about Gross Margin
MGIC's Gross Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Software & Programming Industry # 202
Technology Sector # 550
Overall # 2775

Gross Profit Margin Statistics
High Average Low
40.75 % 33.69 % 27.69 %
(Dec 31 2013)   (Dec 31 2021)


MGIC Gross Income Trends • More of MGIC's Profitabilty Ratios • MGIC Stock Quotes and Charts


Other Gross Profit Margin Profitability Ratios
MGIC's Cumulative Gross Profit Margin
Software & Programming Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
MGIC's Gross Profit Margin Profitability versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for MGIC's Competitors
Gross Profit Margin Profit Margin for Magic Software Enterprises Ltd 's Suppliers
Gross Profit Margin Profit Margin for MGIC's Customers

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MGIC's Roa MGIC's Inventory Turnover Ratio MGIC's Growth Rates MGIC's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Dec 31 2023, within Software & Programming Industry Gross Profit MarginDec 31 2023 MRQ Gross ProfitDec 31 2023 MRQ Revenue
Audioeye Inc  78.44 %$ 6.173  Millions$ 7.870  Millions
Opera Ltd  78.38 %$ 311.019  Millions$ 396.827  Millions
Blackberry Limited  78.29 %$ 119.000  Millions$ 152.000  Millions
Roblox Corporation  78.26 %$ 617.805  Millions$ 789.469  Millions
Icoreconnect Inc   78.13 %$ 1.914  Millions$ 2.450  Millions
Motorsport Games Inc   78.02 %$ 1.073  Millions$ 1.376  Millions
Bentley Systems Incorporated  77.92 %$ 242.844  Millions$ 311.660  Millions
Red Violet Inc   77.84 %$ 11.724  Millions$ 15.061  Millions
Klaviyo Inc   77.67 %$ 156.605  Millions$ 201.618  Millions
Inspired Entertainment Inc   77.59 %$ 63.000  Millions$ 81.200  Millions
Sprout Social Inc   77.47 %$ 72.623  Millions$ 93.748  Millions
Jamf Holding Corp   77.42 %$ 117.455  Millions$ 151.708  Millions
Artificial Intelligence Technology Solutions Inc   77.23 %$ 0.461  Millions$ 0.597  Millions
Soundhound Ai Inc   77.19 %$ 13.236  Millions$ 17.147  Millions
Tenable Holdings Inc   77.06 %$ 164.503  Millions$ 213.483  Millions
Workiva Inc  77.00 %$ 128.808  Millions$ 167.290  Millions
Cloudflare Inc   76.96 %$ 279.190  Millions$ 362.758  Millions
Commerce com Inc   76.93 %$ 65.203  Millions$ 84.757  Millions
Salesforce Inc   76.87 %$ 7,139.000  Millions$ 9,287.000  Millions
Intuit Inc   76.49 %$ 2,590.000  Millions$ 3,386.000  Millions
Domo Inc   76.26 %$ 61.149  Millions$ 80.184  Millions
Box Inc   76.14 %$ 200.157  Millions$ 262.878  Millions
Appian Corporation  76.08 %$ 111.004  Millions$ 145.911  Millions
Okta Inc   76.03 %$ 460.000  Millions$ 605.000  Millions
Blackline Inc   75.79 %$ 118.118  Millions$ 155.847  Millions
Cs Disco Inc   75.62 %$ 27.049  Millions$ 35.772  Millions
Xperi Inc   75.54 %$ 103.666  Millions$ 137.233  Millions
Sprinklr Inc   75.52 %$ 146.658  Millions$ 194.207  Millions
Crowdstrike Holdings Inc   75.29 %$ 636.763  Millions$ 845.763  Millions
Playstudios Inc   75.07 %$ 58.803  Millions$ 78.327  Millions




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