The earnings call reflects a strong financial performance with record revenues and significant growth in key regions like Israel and North America, driven by cloud and AI services. Despite some challenges with gross margin and cash flow, the overall outlook remains positive, with an upward revision in revenue guidance.

Company Guidance

During the second quarter of 2025, Magic Software Enterprises reported record revenue of $151.6 million, marking an 11.3% increase from the previous year and a 2.8% sequential growth. The company achieved a non-GAAP gross margin of 28.7%, slightly improved from 28.5% in the first quarter. Revenue from Israeli operations grew by 18.8% year-over-year, driven by strong demand for cloud, DevOps, and AI services, while North American revenue increased by 6.5%. Magic’s AI projects boast a 70% success rate, significantly surpassing the industry average of 12%. Financial expenses decreased from $1.2 million to $700,000, reflecting reduced financial debt. For 2025, Magic revised its revenue guidance to a range of $600 million to $610 million, anticipating an annual growth rate of 8.6% to 10.4%. The board declared a semiannual dividend of $0.296 per share, payable on October 22, 2025.

Record-Breaking Revenue

Second quarter 2025 revenue reached an all-time high of $151.6 million, up 11.3% from Q2 2024 and a sequential growth of 2.8%.

Strong Growth in Israeli Operations

Israel delivered a year-over-year growth of 18.8%, with over 90% being organic, primarily due to strong demand for cloud, DevOps, and AI services.

Positive U.S. Market Performance

North American operations showed a 6.5% year-over-year revenue increase, with a 6% sequential rise, driven by agreements executed in late 2024 and early 2025.

High AI Project Success Rate

Managed over 270 projects with a 70% success rate, nearly 6 times higher than the industry average of 12%.

Revised Revenue Guidance

Full-year 2025 revenue guidance revised upwards to $600 million - $610 million, reflecting an anticipated annual growth rate of 8.6% to 10.4%.

Magic (MGIC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MGIC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	0.27 / -	0.23	―	―	―
Aug 13, 2025	2025 (Q2)	0.25 / 0.26	0.24	8.33% (+0.02)	―
May 21, 2025	2025 (Q1)	0.27 / 0.25	0.23	8.70% (+0.02)	―
Mar 11, 2025	2024 (Q4)	0.25 / 0.24	0.24	0.00% (0.00)	―
Nov 18, 2024	2024 (Q3)	0.24 / 0.23	0.21	9.52% (+0.02)	―
Aug 14, 2024	2024 (Q2)	0.24 / 0.24	0.28	-14.29% (-0.04)	―
May 16, 2024	2024 (Q1)	0.21 / 0.23	0.26	-11.54% (-0.03)	―
Mar 13, 2024	2023 (Q4)	0.19 / 0.24	0.28	-14.29% (-0.04)	―
Nov 14, 2023	2023 (Q3)	0.26 / 0.21	0.28	-25.00% (-0.07)	―
Aug 14, 2023	2023 (Q2)	0.26 / 0.28	0.24	16.67% (+0.04)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MGIC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$18.80	$20.49	+8.99%
May 21, 2025	$15.80	$15.38	-2.66%
Mar 11, 2025	$12.53	$13.06	+4.23%
Nov 18, 2024	$10.92	$10.52	-3.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Magic Software Enterprises Ltd (MGIC) report earnings?

Magic Software Enterprises Ltd (MGIC) is schdueled to report earning on Nov 17, 2025, TBA (Confirmed).

What is Magic Software Enterprises Ltd (MGIC) earnings time?

Magic Software Enterprises Ltd (MGIC) earnings time is at Nov 17, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MGIC EPS forecast?

MGIC EPS forecast for the fiscal quarter 2025 (Q3) is 0.27.

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