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Side-by-side financial comparison of Claritev Corp (CTEV) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $246.6M, roughly 1.2× Claritev Corp). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -32.7%, a 88.3% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -3.0%). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -1.4%).
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
CTEV vs MTG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $297.1M |
| Net Profit | $-80.6M | $165.3M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | — |
| Net Margin | -32.7% | 55.6% |
| Revenue YoY | 6.2% | -3.0% |
| Net Profit YoY | 41.6% | -10.9% |
| EPS (diluted) | $-4.88 | $0.76 |
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.
| Q1 26 | — | $297.1M | ||
| Q4 25 | $246.6M | $298.7M | ||
| Q3 25 | $246.0M | $304.5M | ||
| Q2 25 | $241.6M | $304.2M | ||
| Q1 25 | $231.3M | $306.2M | ||
| Q4 24 | $232.1M | $301.4M | ||
| Q3 24 | $230.5M | $306.6M | ||
| Q2 24 | $233.5M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | $-80.6M | $169.3M | ||
| Q3 25 | $-69.8M | $191.1M | ||
| Q2 25 | $-62.6M | $192.5M | ||
| Q1 25 | $-71.3M | $185.5M | ||
| Q4 24 | $-138.0M | $184.7M | ||
| Q3 24 | $-391.4M | $200.0M | ||
| Q2 24 | $-576.7M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | 71.2% | ||
| Q3 25 | 4.1% | 77.2% | ||
| Q2 25 | 6.9% | 80.9% | ||
| Q1 25 | 4.2% | 76.6% | ||
| Q4 24 | -17.8% | 77.9% | ||
| Q3 24 | -146.7% | 82.9% | ||
| Q2 24 | -224.4% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | -32.7% | 56.7% | ||
| Q3 25 | -28.4% | 62.8% | ||
| Q2 25 | -25.9% | 63.3% | ||
| Q1 25 | -30.8% | 60.6% | ||
| Q4 24 | -59.4% | 61.3% | ||
| Q3 24 | -169.8% | 65.2% | ||
| Q2 24 | -247.0% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $-4.88 | $0.75 | ||
| Q3 25 | $-4.23 | $0.83 | ||
| Q2 25 | $-3.81 | $0.81 | ||
| Q1 25 | $-4.38 | $0.75 | ||
| Q4 24 | $-8.49 | $0.71 | ||
| Q3 24 | $-24.25 | $0.77 | ||
| Q2 24 | $-35.78 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $235.1M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $5.0B |
| Total Assets | $4.9B | $6.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | $16.8M | $369.0M | ||
| Q3 25 | $39.2M | $266.9M | ||
| Q2 25 | $56.4M | $294.9M | ||
| Q1 25 | $23.1M | $207.0M | ||
| Q4 24 | $16.8M | $229.5M | ||
| Q3 24 | $86.6M | $288.6M | ||
| Q2 24 | $48.8M | $281.8M |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $-173.9M | $5.1B | ||
| Q3 25 | $-101.8M | $5.2B | ||
| Q2 25 | $-39.9M | $5.2B | ||
| Q1 25 | $14.8M | $5.1B | ||
| Q4 24 | $84.0M | $5.2B | ||
| Q3 24 | $207.6M | $5.3B | ||
| Q2 24 | $603.4M | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $4.9B | $6.6B | ||
| Q3 25 | $5.0B | $6.6B | ||
| Q2 25 | $5.1B | $6.5B | ||
| Q1 25 | $5.1B | $6.5B | ||
| Q4 24 | $5.2B | $6.5B | ||
| Q3 24 | $5.3B | $6.7B | ||
| Q2 24 | $5.7B | $6.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $230.8M | ||
| Q3 25 | $19.9M | $215.4M | ||
| Q2 25 | $61.2M | $183.0M | ||
| Q1 25 | $-30.1M | $223.7M | ||
| Q4 24 | $-33.4M | $182.4M | ||
| Q3 24 | $72.8M | $182.9M | ||
| Q2 24 | $18.5M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | $230.2M | ||
| Q3 25 | $-16.3M | $215.1M | ||
| Q2 25 | $36.6M | $183.0M | ||
| Q1 25 | $-68.9M | $223.5M | ||
| Q4 24 | $-63.8M | $181.9M | ||
| Q3 24 | $41.1M | $182.5M | ||
| Q2 24 | $-7.0M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | 77.1% | ||
| Q3 25 | -6.6% | 70.6% | ||
| Q2 25 | 15.2% | 60.1% | ||
| Q1 25 | -29.8% | 73.0% | ||
| Q4 24 | -27.5% | 60.3% | ||
| Q3 24 | 17.8% | 59.5% | ||
| Q2 24 | -3.0% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 0.2% | ||
| Q3 25 | 14.7% | 0.1% | ||
| Q2 25 | 10.2% | 0.0% | ||
| Q1 25 | 16.8% | 0.0% | ||
| Q4 24 | 13.1% | 0.2% | ||
| Q3 24 | 13.8% | 0.1% | ||
| Q2 24 | 10.9% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 0.95× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
