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Side-by-side financial comparison of CAMTEK LTD (CAMT) and MAGIC SOFTWARE ENTERPRISES LTD (MGIC). Click either name above to swap in a different company.

MAGIC SOFTWARE ENTERPRISES LTD is the larger business by last-quarter revenue ($419.6M vs $242.0M, roughly 1.7× CAMTEK LTD). CAMTEK LTD runs the higher net margin — 28.1% vs 8.4%, a 19.7% gap on every dollar of revenue.

Camtek Ltd is a leading global developer and manufacturer of high-precision inspection and metrology systems for the semiconductor, printed circuit board, and advanced packaging industries. Its solutions support process control, defect detection, and yield optimization for clients across Asia, North America, and Europe.

Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.

CAMT vs MGIC — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.7× larger
MGIC
$419.6M
$242.0M
CAMT
Higher net margin
CAMT
CAMT
19.7% more per $
CAMT
28.1%
8.4%
MGIC

Income Statement — Q2 FY2025 vs Q3 FY2023

Metric
CAMT
CAMT
MGIC
MGIC
Revenue
$242.0M
$419.6M
Net Profit
$68.0M
$35.3M
Gross Margin
50.9%
27.1%
Operating Margin
26.7%
11.3%
Net Margin
28.1%
8.4%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAMT
CAMT
MGIC
MGIC
Q2 25
$242.0M
Q2 24
$199.6M
Q3 23
$419.6M
Q2 23
$275.7M
Q1 23
$138.7M
Q3 22
$347.3M
Q2 22
$226.5M
Q1 22
$107.3M
Net Profit
CAMT
CAMT
MGIC
MGIC
Q2 25
$68.0M
Q2 24
$52.8M
Q3 23
$35.3M
Q2 23
$22.2M
Q1 23
$11.3M
Q3 22
$26.6M
Q2 22
$17.9M
Q1 22
$8.8M
Gross Margin
CAMT
CAMT
MGIC
MGIC
Q2 25
50.9%
Q2 24
48.1%
Q3 23
27.1%
Q2 23
26.9%
Q1 23
27.1%
Q3 22
27.5%
Q2 22
27.8%
Q1 22
28.1%
Operating Margin
CAMT
CAMT
MGIC
MGIC
Q2 25
26.7%
Q2 24
23.6%
Q3 23
11.3%
Q2 23
11.3%
Q1 23
11.6%
Q3 22
10.6%
Q2 22
11.0%
Q1 22
11.4%
Net Margin
CAMT
CAMT
MGIC
MGIC
Q2 25
28.1%
Q2 24
26.4%
Q3 23
8.4%
Q2 23
8.1%
Q1 23
8.1%
Q3 22
7.7%
Q2 22
7.9%
Q1 22
8.2%
EPS (diluted)
CAMT
CAMT
MGIC
MGIC
Q2 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
$0.47
Q2 22
$0.31
Q1 22
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAMT
CAMT
MGIC
MGIC
Cash + ST InvestmentsLiquidity on hand
$232.0M
$83.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$626.5M
$276.3M
Total Assets
$974.7M
$505.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMT
CAMT
MGIC
MGIC
Q2 25
$232.0M
Q2 24
$109.8M
Q3 23
$83.1M
Q2 23
$83.1M
Q1 23
$83.1M
Q3 22
$88.1M
Q2 22
$88.1M
Q1 22
$88.1M
Stockholders' Equity
CAMT
CAMT
MGIC
MGIC
Q2 25
$626.5M
Q2 24
$475.4M
Q3 23
$276.3M
Q2 23
$276.3M
Q1 23
$276.3M
Q3 22
$275.7M
Q2 22
$275.7M
Q1 22
$275.7M
Total Assets
CAMT
CAMT
MGIC
MGIC
Q2 25
$974.7M
Q2 24
$796.2M
Q3 23
$505.1M
Q2 23
$505.1M
Q1 23
$505.1M
Q3 22
$492.0M
Q2 22
$492.0M
Q1 22
$492.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAMT
CAMT
MGIC
MGIC
Operating Cash FlowLast quarter
$47.1M
$40.3M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.69×
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMT
CAMT
MGIC
MGIC
Q2 25
$47.1M
Q2 24
$70.1M
Q3 23
$40.3M
Q2 23
$18.4M
Q1 23
$12.8M
Q3 22
$34.2M
Q2 22
$28.0M
Q1 22
$15.9M
Free Cash Flow
CAMT
CAMT
MGIC
MGIC
Q2 25
Q2 24
Q3 23
$37.0M
Q2 23
$16.2M
Q1 23
$12.5M
Q3 22
$33.2M
Q2 22
$27.4M
Q1 22
$15.4M
FCF Margin
CAMT
CAMT
MGIC
MGIC
Q2 25
Q2 24
Q3 23
8.8%
Q2 23
5.9%
Q1 23
9.0%
Q3 22
9.6%
Q2 22
12.1%
Q1 22
14.3%
Capex Intensity
CAMT
CAMT
MGIC
MGIC
Q2 25
Q2 24
Q3 23
0.8%
Q2 23
0.8%
Q1 23
0.2%
Q3 22
0.3%
Q2 22
0.3%
Q1 22
0.5%
Cash Conversion
CAMT
CAMT
MGIC
MGIC
Q2 25
0.69×
Q2 24
1.33×
Q3 23
1.14×
Q2 23
0.83×
Q1 23
1.13×
Q3 22
1.28×
Q2 22
1.57×
Q1 22
1.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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