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

DXP ENTERPRISES INC is the larger business by last-quarter revenue ($527.4M vs $419.6M, roughly 1.3× MAGIC SOFTWARE ENTERPRISES LTD). MAGIC SOFTWARE ENTERPRISES LTD runs the higher net margin — 8.4% vs 4.3%, a 4.1% gap on every dollar of revenue. MAGIC SOFTWARE ENTERPRISES LTD produced more free cash flow last quarter ($37.0M vs $34.5M).

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

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.

DXPE vs MGIC — Head-to-Head

Bigger by revenue
DXPE
DXPE
1.3× larger
DXPE
$527.4M
$419.6M
MGIC
Higher net margin
MGIC
MGIC
4.1% more per $
MGIC
8.4%
4.3%
DXPE
More free cash flow
MGIC
MGIC
$2.5M more FCF
MGIC
$37.0M
$34.5M
DXPE

Income Statement — Q4 FY2025 vs Q3 FY2023

Metric
DXPE
DXPE
MGIC
MGIC
Revenue
$527.4M
$419.6M
Net Profit
$22.8M
$35.3M
Gross Margin
31.6%
27.1%
Operating Margin
8.8%
11.3%
Net Margin
4.3%
8.4%
Revenue YoY
12.0%
Net Profit YoY
6.9%
EPS (diluted)
$1.38

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
DXPE
DXPE
MGIC
MGIC
Q4 25
$527.4M
Q3 25
$513.7M
Q2 25
$498.7M
Q1 25
$476.6M
Q4 24
$470.9M
Q3 24
$472.9M
Q2 24
$445.6M
Q1 24
$412.6M
Net Profit
DXPE
DXPE
MGIC
MGIC
Q4 25
$22.8M
Q3 25
$21.6M
Q2 25
$23.6M
Q1 25
$20.6M
Q4 24
$21.4M
Q3 24
$21.1M
Q2 24
$16.7M
Q1 24
$11.3M
Gross Margin
DXPE
DXPE
MGIC
MGIC
Q4 25
31.6%
Q3 25
31.4%
Q2 25
31.6%
Q1 25
31.5%
Q4 24
31.5%
Q3 24
30.9%
Q2 24
30.9%
Q1 24
30.0%
Operating Margin
DXPE
DXPE
MGIC
MGIC
Q4 25
8.8%
Q3 25
8.5%
Q2 25
9.2%
Q1 25
8.5%
Q4 24
8.3%
Q3 24
8.4%
Q2 24
8.4%
Q1 24
7.1%
Net Margin
DXPE
DXPE
MGIC
MGIC
Q4 25
4.3%
Q3 25
4.2%
Q2 25
4.7%
Q1 25
4.3%
Q4 24
4.5%
Q3 24
4.5%
Q2 24
3.7%
Q1 24
2.7%
EPS (diluted)
DXPE
DXPE
MGIC
MGIC
Q4 25
$1.38
Q3 25
$1.31
Q2 25
$1.43
Q1 25
$1.25
Q4 24
$1.28
Q3 24
$1.27
Q2 24
$1.00
Q1 24
$0.67

Balance Sheet & Financial Strength

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

Metric
DXPE
DXPE
MGIC
MGIC
Cash + ST InvestmentsLiquidity on hand
$303.8M
$83.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$498.4M
$276.3M
Total Assets
$1.7B
$505.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXPE
DXPE
MGIC
MGIC
Q4 25
$303.8M
Q3 25
$123.8M
Q2 25
$112.9M
Q1 25
$114.3M
Q4 24
$148.3M
Q3 24
$35.0M
Q2 24
$49.9M
Q1 24
$139.7M
Stockholders' Equity
DXPE
DXPE
MGIC
MGIC
Q4 25
$498.4M
Q3 25
$488.3M
Q2 25
$468.1M
Q1 25
$444.7M
Q4 24
$422.8M
Q3 24
$402.4M
Q2 24
$384.7M
Q1 24
$375.5M
Total Assets
DXPE
DXPE
MGIC
MGIC
Q4 25
$1.7B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

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

Metric
DXPE
DXPE
MGIC
MGIC
Operating Cash FlowLast quarter
$37.8M
$40.3M
Free Cash FlowOCF − Capex
$34.5M
$37.0M
FCF MarginFCF / Revenue
6.5%
8.8%
Capex IntensityCapex / Revenue
0.6%
0.8%
Cash ConversionOCF / Net Profit
1.65×
1.14×
TTM Free Cash FlowTrailing 4 quarters
$54.0M
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXPE
DXPE
MGIC
MGIC
Q4 25
$37.8M
Q3 25
$34.9M
Q2 25
$18.6M
Q1 25
$3.0M
Q4 24
$32.1M
Q3 24
$28.3M
Q2 24
$14.7M
Q1 24
$27.0M
Free Cash Flow
DXPE
DXPE
MGIC
MGIC
Q4 25
$34.5M
Q3 25
$28.1M
Q2 25
$8.3M
Q1 25
$-16.9M
Q4 24
$22.7M
Q3 24
$24.4M
Q2 24
$5.9M
Q1 24
$24.1M
FCF Margin
DXPE
DXPE
MGIC
MGIC
Q4 25
6.5%
Q3 25
5.5%
Q2 25
1.7%
Q1 25
-3.6%
Q4 24
4.8%
Q3 24
5.2%
Q2 24
1.3%
Q1 24
5.8%
Capex Intensity
DXPE
DXPE
MGIC
MGIC
Q4 25
0.6%
Q3 25
1.3%
Q2 25
2.1%
Q1 25
4.2%
Q4 24
2.0%
Q3 24
0.8%
Q2 24
2.0%
Q1 24
0.7%
Cash Conversion
DXPE
DXPE
MGIC
MGIC
Q4 25
1.65×
Q3 25
1.61×
Q2 25
0.79×
Q1 25
0.14×
Q4 24
1.50×
Q3 24
1.34×
Q2 24
0.88×
Q1 24
2.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

MGIC
MGIC

Segment breakdown not available.

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