vs

Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Regency Centers (REG). 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 $404.2M, roughly 1.0× Regency Centers). Regency Centers runs the higher net margin — 50.1% vs 8.4%, a 41.7% gap on every dollar of revenue.

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.

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

MGIC vs REG — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.0× larger
MGIC
$419.6M
$404.2M
REG
Higher net margin
REG
REG
41.7% more per $
REG
50.1%
8.4%
MGIC

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
MGIC
MGIC
REG
REG
Revenue
$419.6M
$404.2M
Net Profit
$35.3M
$202.5M
Gross Margin
27.1%
Operating Margin
11.3%
71.0%
Net Margin
8.4%
50.1%
Revenue YoY
8.5%
Net Profit YoY
134.1%
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
MGIC
MGIC
REG
REG
Q4 25
$404.2M
Q3 25
$387.6M
Q2 25
$380.8M
Q1 25
$380.9M
Q4 24
$372.5M
Q3 24
$360.3M
Q2 24
$357.3M
Q1 24
$363.9M
Net Profit
MGIC
MGIC
REG
REG
Q4 25
$202.5M
Q3 25
$109.4M
Q2 25
$106.0M
Q1 25
$109.6M
Q4 24
$86.5M
Q3 24
$101.5M
Q2 24
$102.7M
Q1 24
$109.8M
Operating Margin
MGIC
MGIC
REG
REG
Q4 25
71.0%
Q3 25
72.7%
Q2 25
73.8%
Q1 25
71.8%
Q4 24
71.1%
Q3 24
72.5%
Q2 24
72.3%
Q1 24
72.3%
Net Margin
MGIC
MGIC
REG
REG
Q4 25
50.1%
Q3 25
28.2%
Q2 25
27.8%
Q1 25
28.8%
Q4 24
23.2%
Q3 24
28.2%
Q2 24
28.7%
Q1 24
30.2%

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
REG
REG
Cash + ST InvestmentsLiquidity on hand
$83.1M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$276.3M
$6.9B
Total Assets
$505.1M
$13.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Total Debt
MGIC
MGIC
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
MGIC
MGIC
REG
REG
Q4 25
$6.9B
Q3 25
$6.8B
Q2 25
$6.7B
Q1 25
$6.7B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$6.8B
Q1 24
$7.0B
Total Assets
MGIC
MGIC
REG
REG
Q4 25
$13.0B
Q3 25
$13.1B
Q2 25
$12.7B
Q1 25
$12.6B
Q4 24
$12.4B
Q3 24
$12.4B
Q2 24
$12.4B
Q1 24
$12.7B
Debt / Equity
MGIC
MGIC
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

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
REG
REG
Operating Cash FlowLast quarter
$40.3M
$203.9M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.14×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
REG
REG
Q4 25
$203.9M
Q3 25
$218.7M
Q2 25
$244.0M
Q1 25
$161.0M
Q4 24
$191.4M
Q3 24
$227.6M
Q2 24
$203.5M
Q1 24
$167.8M
Cash Conversion
MGIC
MGIC
REG
REG
Q4 25
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

Related Comparisons