Magic Software Enterprises Ltd Revenue Growth Rates (MGIC), Current and Historic Growth - CSIMarket
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• Revenue Y/Y
• Op. Income Y/Y
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• Free Cash Flow Y/Y
• Cash Flow Y/Y
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Magic Software Enterprises Ltd   (NASDAQ: MGIC)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

MGIC's Revenue Growth by Quarter and Year

Magic Software Enterprises Ltd 's Revenue results by quarter and year



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MGIC Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
4th Quarter December 535.05
3rd Quarter September 0.00
2nd Quarter June 0.00
1st Quarter March 0.00
FY 535.05

MGICs Annual Revenue
Magic Software Enterprises Ltd 's Revenue in the fiscal year 2024 $ 552.52 millions
Magic Software Enterprises Ltd 's Revenue in the fiscal year 2023 $ 535.05 millions
Magic Software Enterprises Ltd 's Revenue in the fiscal year 2022 $ 566.79 millions
Magic Software Enterprises Ltd 's Revenue in the fiscal year 2021 $ 480.33 millions
Magic Software Enterprises Ltd 's Revenue in the fiscal year 2020 $ 371.19 millions




MGIC Revenue fourth quarter 2023 Y/Y Growth Comment
Magic Software Enterprises Ltd in the fourth quarter 2023 achieved Revenue of $ 535.05 millions compare to recorded in same quarter a year ago.

Looking into fourth quarter 2023 results within Software & Programming industry 27 other companies have achieved higher Revenue growth. While Magic Software Enterprises Ltd ' s Revenue no change of 0% ranks overall at the positon no. 490 in the fourth quarter 2023.


MGIC Revenue ( Y/Y Growth %) 2023
 2022 2021 2020
4th Quarter December - - 29.4 % 13.99 %
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY   - - 29.4 % -

Financial Statements
Magic Software Enterprises Ltd 's fourth quarter 2023 Revenue $ 535.05 millions MGIC's Income Statement
Magic Software Enterprises Ltd 's fourth quarter 2022 Revenue $ 0.00 millions Quarterly MGIC's Income Statement


MGIC Revenue (Quarter on Quarter Growth %)

 2023
 2022 2021 2020
4th Quarter December - - - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY (Year on Year)   - - 29.4 % -


Back to MGIC Growth rate Comparisons >> Back to MGIC Growth rate Comparisons >>


Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #28
Technology Sector #74
Overall #490

Revenue Y/Y Growth Statistics
High Average Low
46.65 % 20.31 % 7.14 %
(Dec 31 2017)   (Dec 31 2015)
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #28
Technology Sector #74
Overall #490
Revenue Y/Y Growth Statistics
High Average Low
46.65 % 20.31 % 7.14 %
(Dec 31 2017)   (Dec 31 2015)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Magic Software Enterprises Ltd 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


MGIC's IV. Quarter Q/Q Revenue Comment


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #
Technology Sector #
Overall #
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #
Technology Sector #
Overall #
Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


MGIC's IV. Quarter Q/Q Revenue Comment


Magic Software Enterprises Ltd 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2024)		 12 Months Ending
(Dec 31 2023)		 12 Months Ending
(Dec 31 2022)		 12 Months Ending
(Dec 31 2021)		 12 Months Ending
(Dec 31 2020)
Cumulative Revenue 12 Months Ending $ 552.52 $ 535.05 $ 566.79 $ 480.33 $ 371.19
Y / Y Revenue Growth (TTM) 3.26 % -5.6 % 18 % 29.4 % 13.99 %
Year on Year Revenue Growth Overall Ranking # 454 # 0 # 0 # 0 # 1981
Seqeuential Revenue Change (TTM) 3.26 % -5.6 % 18 % 29.4 % 13.99 %
Seq. Revenue Growth (TTM) Overall Ranking # 490 # 0 # 0 # 0 # 1778


Cumulative Revenue growth Comment
Although Magic Software Enterprises Ltd 's Annual Revenue growth year on year were below company's average 20.31% , Revenue announced in the Dec 31 2024 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 3.26% year on year, from -5.6% in Dec 31 2023.

In the Technology sector 66 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 454.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 28
Technology Sector # 67
Overall # 454

Revenue TTM Y/Y Growth Statistics
High Average Low
46.65 %
 20.31 %
7.14 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 74
S&P 500 # 490
Cumulative Revenue growth Comment
Although Magic Software Enterprises Ltd 's Annual Revenue growth year on year were below company's average 20.31% , Revenue announced in the Dec 31 2024 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 3.26% year on year, from -5.6% in Dec 31 2023.

In the Technology sector 66 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 454.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 28
Technology Sector # 67
Overall # 454

Revenue TTM Y/Y Growth Statistics
High Average Low
46.65 %
20.31 %
7.14 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 74
S&P 500 # 490




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
MGIC's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




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About Magic Software Enterprises Ltd Revenue Growth Rates (MGIC), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Magic Software Enterprises Ltd (CIK 876779).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001213900-25-043459
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Magic Software Enterprises Ltd’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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