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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and PERDOCEO EDUCATION Corp (PRDO). 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 $211.6M, roughly 2.0× PERDOCEO EDUCATION Corp). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $37.0M).

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.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

MGIC vs PRDO — Head-to-Head

Bigger by revenue
MGIC
MGIC
2.0× larger
MGIC
$419.6M
$211.6M
PRDO
More free cash flow
PRDO
PRDO
$926.0K more FCF
PRDO
$37.9M
$37.0M
MGIC

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
MGIC
MGIC
PRDO
PRDO
Revenue
$419.6M
$211.6M
Net Profit
$35.3M
Gross Margin
27.1%
Operating Margin
11.3%
19.8%
Net Margin
8.4%
Revenue YoY
20.0%
Net Profit YoY
EPS (diluted)
$0.55

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
MGIC
MGIC
PRDO
PRDO
Q4 25
$211.6M
Q3 25
$211.9M
Q2 25
$209.6M
Q1 25
$213.0M
Q4 24
$176.4M
Q3 24
$169.8M
Q2 24
$166.7M
Q1 24
$168.3M
Net Profit
MGIC
MGIC
PRDO
PRDO
Q4 25
Q3 25
$39.9M
Q2 25
$41.0M
Q1 25
$43.7M
Q4 24
Q3 24
$38.3M
Q2 24
$38.4M
Q1 24
$39.4M
Operating Margin
MGIC
MGIC
PRDO
PRDO
Q4 25
19.8%
Q3 25
24.1%
Q2 25
24.5%
Q1 25
24.3%
Q4 24
21.1%
Q3 24
26.4%
Q2 24
27.6%
Q1 24
27.5%
Net Margin
MGIC
MGIC
PRDO
PRDO
Q4 25
Q3 25
18.8%
Q2 25
19.6%
Q1 25
20.5%
Q4 24
Q3 24
22.5%
Q2 24
23.0%
Q1 24
23.4%
EPS (diluted)
MGIC
MGIC
PRDO
PRDO
Q4 25
$0.55
Q3 25
$0.60
Q2 25
$0.62
Q1 25
$0.65
Q4 24
$0.46
Q3 24
$0.57
Q2 24
$0.57
Q1 24
$0.59

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$83.1M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$276.3M
$972.4M
Total Assets
$505.1M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
PRDO
PRDO
Q4 25
$111.0M
Q3 25
$159.5M
Q2 25
$172.1M
Q1 25
$132.1M
Q4 24
$109.1M
Q3 24
$238.0M
Q2 24
$127.9M
Q1 24
$125.8M
Stockholders' Equity
MGIC
MGIC
PRDO
PRDO
Q4 25
$972.4M
Q3 25
$997.9M
Q2 25
$984.6M
Q1 25
$970.3M
Q4 24
$959.5M
Q3 24
$935.4M
Q2 24
$899.5M
Q1 24
$866.1M
Total Assets
MGIC
MGIC
PRDO
PRDO
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B

Cash Flow & Capital Efficiency

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

Metric
MGIC
MGIC
PRDO
PRDO
Operating Cash FlowLast quarter
$40.3M
$40.1M
Free Cash FlowOCF − Capex
$37.0M
$37.9M
FCF MarginFCF / Revenue
8.8%
17.9%
Capex IntensityCapex / Revenue
0.8%
1.1%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
PRDO
PRDO
Q4 25
$40.1M
Q3 25
$41.2M
Q2 25
$78.8M
Q1 25
$65.1M
Q4 24
$17.6M
Q3 24
$51.0M
Q2 24
$38.5M
Q1 24
$54.5M
Free Cash Flow
MGIC
MGIC
PRDO
PRDO
Q4 25
$37.9M
Q3 25
$39.4M
Q2 25
$76.0M
Q1 25
$63.4M
Q4 24
$16.0M
Q3 24
$50.0M
Q2 24
$37.7M
Q1 24
$53.3M
FCF Margin
MGIC
MGIC
PRDO
PRDO
Q4 25
17.9%
Q3 25
18.6%
Q2 25
36.3%
Q1 25
29.8%
Q4 24
9.1%
Q3 24
29.4%
Q2 24
22.6%
Q1 24
31.7%
Capex Intensity
MGIC
MGIC
PRDO
PRDO
Q4 25
1.1%
Q3 25
0.9%
Q2 25
1.3%
Q1 25
0.8%
Q4 24
0.9%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.7%
Cash Conversion
MGIC
MGIC
PRDO
PRDO
Q4 25
Q3 25
1.03×
Q2 25
1.92×
Q1 25
1.49×
Q4 24
Q3 24
1.33×
Q2 24
1.00×
Q1 24
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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