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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Royalty Pharma plc is the larger business by last-quarter revenue ($622.0M vs $419.6M, roughly 1.5× MAGIC SOFTWARE ENTERPRISES LTD). Royalty Pharma plc runs the higher net margin — 34.4% vs 8.4%, a 26.0% 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.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

MGIC vs RPRX — Head-to-Head

Bigger by revenue
RPRX
RPRX
1.5× larger
RPRX
$622.0M
$419.6M
MGIC
Higher net margin
RPRX
RPRX
26.0% more per $
RPRX
34.4%
8.4%
MGIC

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
MGIC
MGIC
RPRX
RPRX
Revenue
$419.6M
$622.0M
Net Profit
$35.3M
$214.2M
Gross Margin
27.1%
Operating Margin
11.3%
62.4%
Net Margin
8.4%
34.4%
Revenue YoY
4.8%
Net Profit YoY
2.9%
EPS (diluted)
$0.49

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
RPRX
RPRX
Q4 25
$622.0M
Q3 25
$609.3M
Q2 25
$578.7M
Q1 25
$568.2M
Q4 24
$593.6M
Q3 24
$564.7M
Q2 24
$537.3M
Q1 24
$568.0M
Net Profit
MGIC
MGIC
RPRX
RPRX
Q4 25
$214.2M
Q3 25
$288.2M
Q2 25
$30.2M
Q1 25
$238.3M
Q4 24
$208.2M
Q3 24
$544.0M
Q2 24
$102.0M
Q1 24
$4.8M
Operating Margin
MGIC
MGIC
RPRX
RPRX
Q4 25
62.4%
Q3 25
70.1%
Q2 25
36.3%
Q1 25
94.0%
Q4 24
60.9%
Q3 24
Q2 24
50.2%
Q1 24
-13.0%
Net Margin
MGIC
MGIC
RPRX
RPRX
Q4 25
34.4%
Q3 25
47.3%
Q2 25
5.2%
Q1 25
41.9%
Q4 24
35.1%
Q3 24
96.3%
Q2 24
19.0%
Q1 24
0.8%
EPS (diluted)
MGIC
MGIC
RPRX
RPRX
Q4 25
$0.49
Q3 25
$0.67
Q2 25
$0.07
Q1 25
$0.55
Q4 24
$0.46
Q3 24
$1.21
Q2 24
$0.23
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$83.1M
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$276.3M
$9.7B
Total Assets
$505.1M
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
RPRX
RPRX
Q4 25
$618.7M
Q3 25
$938.9M
Q2 25
$631.9M
Q1 25
$1.1B
Q4 24
$929.0M
Q3 24
$950.1M
Q2 24
$1.8B
Q1 24
$843.0M
Total Debt
MGIC
MGIC
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
MGIC
MGIC
RPRX
RPRX
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$9.5B
Q1 25
$9.8B
Q4 24
$10.3B
Q3 24
$10.3B
Q2 24
$9.8B
Q1 24
$9.9B
Total Assets
MGIC
MGIC
RPRX
RPRX
Q4 25
$19.6B
Q3 25
$19.3B
Q2 25
$18.3B
Q1 25
$17.6B
Q4 24
$18.2B
Q3 24
$18.0B
Q2 24
$17.7B
Q1 24
$16.1B
Debt / Equity
MGIC
MGIC
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$40.3M
$827.1M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.14×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
RPRX
RPRX
Q4 25
$827.1M
Q3 25
$702.6M
Q2 25
$364.0M
Q1 25
$596.1M
Q4 24
$742.5M
Q3 24
$703.6M
Q2 24
$658.2M
Q1 24
$664.6M
Cash Conversion
MGIC
MGIC
RPRX
RPRX
Q4 25
3.86×
Q3 25
2.44×
Q2 25
12.06×
Q1 25
2.50×
Q4 24
3.57×
Q3 24
1.29×
Q2 24
6.45×
Q1 24
139.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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