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Side-by-side financial comparison of Dayforce (DAY) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $297.1M, roughly 1.6× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -40.9%, a 96.5% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs -3.0%). Over the past eight quarters, Dayforce's revenue compounded faster (9.8% CAGR vs -1.4%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
DAY vs MTG — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $297.1M |
| Net Profit | $-196.8M | $165.3M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | — |
| Net Margin | -40.9% | 55.6% |
| Revenue YoY | 9.5% | -3.0% |
| Net Profit YoY | -9940.0% | -10.9% |
| EPS (diluted) | $-1.23 | $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 | — | $298.7M | ||
| Q3 25 | $481.6M | $304.5M | ||
| Q2 25 | $464.7M | $304.2M | ||
| Q1 25 | $481.8M | $306.2M | ||
| Q4 24 | $465.2M | $301.4M | ||
| Q3 24 | $440.0M | $306.6M | ||
| Q2 24 | $423.3M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | — | $169.3M | ||
| Q3 25 | $-196.8M | $191.1M | ||
| Q2 25 | $21.3M | $192.5M | ||
| Q1 25 | $14.9M | $185.5M | ||
| Q4 24 | $10.8M | $184.7M | ||
| Q3 24 | $2.0M | $200.0M | ||
| Q2 24 | $-1.8M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 71.2% | ||
| Q3 25 | 6.3% | 77.2% | ||
| Q2 25 | 9.1% | 80.9% | ||
| Q1 25 | 6.4% | 76.6% | ||
| Q4 24 | 6.1% | 77.9% | ||
| Q3 24 | 4.7% | 82.9% | ||
| Q2 24 | 3.3% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | — | 56.7% | ||
| Q3 25 | -40.9% | 62.8% | ||
| Q2 25 | 4.6% | 63.3% | ||
| Q1 25 | 3.1% | 60.6% | ||
| Q4 24 | 2.3% | 61.3% | ||
| Q3 24 | 0.5% | 65.2% | ||
| Q2 24 | -0.4% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | — | $0.75 | ||
| Q3 25 | $-1.23 | $0.83 | ||
| Q2 25 | $0.13 | $0.81 | ||
| Q1 25 | $0.09 | $0.75 | ||
| Q4 24 | $0.07 | $0.71 | ||
| Q3 24 | $0.01 | $0.77 | ||
| Q2 24 | $-0.01 | $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 | $627.6M | $235.1M |
| Total DebtLower is stronger | $631.1M | — |
| Stockholders' EquityBook value | $2.7B | $5.0B |
| Total Assets | $8.7B | $6.4B |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | — | $369.0M | ||
| Q3 25 | $627.6M | $266.9M | ||
| Q2 25 | $625.2M | $294.9M | ||
| Q1 25 | $557.3M | $207.0M | ||
| Q4 24 | $579.7M | $229.5M | ||
| Q3 24 | $494.1M | $288.6M | ||
| Q2 24 | $465.4M | $281.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | — | $5.0B | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | $2.7B | $5.2B | ||
| Q2 25 | $2.7B | $5.2B | ||
| Q1 25 | $2.6B | $5.1B | ||
| Q4 24 | $2.5B | $5.2B | ||
| Q3 24 | $2.6B | $5.3B | ||
| Q2 24 | $2.5B | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | $8.7B | $6.6B | ||
| Q2 25 | $8.5B | $6.5B | ||
| Q1 25 | $9.5B | $6.5B | ||
| Q4 24 | $9.1B | $6.5B | ||
| Q3 24 | $8.1B | $6.7B | ||
| Q2 24 | $9.0B | $6.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — |
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 | $31.2M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $230.8M | ||
| Q3 25 | $31.2M | $215.4M | ||
| Q2 25 | $112.7M | $183.0M | ||
| Q1 25 | $49.6M | $223.7M | ||
| Q4 24 | $81.0M | $182.4M | ||
| Q3 24 | $91.8M | $182.9M | ||
| Q2 24 | $99.2M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $230.2M | ||
| Q3 25 | — | $215.1M | ||
| Q2 25 | — | $183.0M | ||
| Q1 25 | — | $223.5M | ||
| Q4 24 | — | $181.9M | ||
| Q3 24 | — | $182.5M | ||
| Q2 24 | — | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 77.1% | ||
| Q3 25 | — | 70.6% | ||
| Q2 25 | — | 60.1% | ||
| Q1 25 | — | 73.0% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 59.5% | ||
| Q2 24 | — | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | 5.29× | 0.95× | ||
| Q1 25 | 3.33× | 1.21× | ||
| Q4 24 | 7.50× | 0.99× | ||
| Q3 24 | 45.90× | 0.91× | ||
| Q2 24 | — | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
MTG
Segment breakdown not available.
