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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.
StubHub Holdings, Inc. is the larger business by last-quarter revenue ($449.2M vs $419.6M, roughly 1.1× MAGIC SOFTWARE ENTERPRISES LTD). MAGIC SOFTWARE ENTERPRISES LTD produced more free cash flow last quarter ($37.0M vs $2.0M).
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.
StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.
MGIC vs STUB — Head-to-Head
Income Statement — Q3 FY2023 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $419.6M | $449.2M |
| Net Profit | $35.3M | — |
| Gross Margin | 27.1% | 83.1% |
| Operating Margin | 11.3% | — |
| Net Margin | 8.4% | — |
| Revenue YoY | — | -15.8% |
| Net Profit YoY | — | — |
| 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.
| Q4 25 | — | $449.2M | ||
| Q3 25 | — | $468.1M | ||
| Q3 24 | — | $433.8M | ||
| Q3 23 | $419.6M | — | ||
| Q2 23 | $275.7M | — | ||
| Q1 23 | $138.7M | — | ||
| Q3 22 | $347.3M | — | ||
| Q2 22 | $226.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $-1.3B | ||
| Q3 24 | — | $-33.0M | ||
| Q3 23 | $35.3M | — | ||
| Q2 23 | $22.2M | — | ||
| Q1 23 | $11.3M | — | ||
| Q3 22 | $26.6M | — | ||
| Q2 22 | $17.9M | — |
| Q4 25 | — | 83.1% | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q3 23 | 27.1% | — | ||
| Q2 23 | 26.9% | — | ||
| Q1 23 | 27.1% | — | ||
| Q3 22 | 27.5% | — | ||
| Q2 22 | 27.8% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -292.3% | ||
| Q3 24 | — | 2.8% | ||
| Q3 23 | 11.3% | — | ||
| Q2 23 | 11.3% | — | ||
| Q1 23 | 11.6% | — | ||
| Q3 22 | 10.6% | — | ||
| Q2 22 | 11.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -276.6% | ||
| Q3 24 | — | -7.6% | ||
| Q3 23 | 8.4% | — | ||
| Q2 23 | 8.1% | — | ||
| Q1 23 | 8.1% | — | ||
| Q3 22 | 7.7% | — | ||
| Q2 22 | 7.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $-4.27 | ||
| Q3 24 | — | $-0.15 | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | $0.47 | — | ||
| Q2 22 | $0.31 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.1M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $276.3M | — |
| Total Assets | $505.1M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $1.4B | ||
| Q3 24 | — | $1.1B | ||
| Q3 23 | $83.1M | — | ||
| Q2 23 | $83.1M | — | ||
| Q1 23 | $83.1M | — | ||
| Q3 22 | $88.1M | — | ||
| Q2 22 | $88.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.7B | ||
| Q3 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.7B | ||
| Q3 24 | — | $815.9M | ||
| Q3 23 | $276.3M | — | ||
| Q2 23 | $276.3M | — | ||
| Q1 23 | $276.3M | — | ||
| Q3 22 | $275.7M | — | ||
| Q2 22 | $275.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $5.6B | ||
| Q3 24 | — | — | ||
| Q3 23 | $505.1M | — | ||
| Q2 23 | $505.1M | — | ||
| Q1 23 | $505.1M | — | ||
| Q3 22 | $492.0M | — | ||
| Q2 22 | $492.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.98× | ||
| Q3 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — | ||
| Q2 22 | — | — |
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 | $40.3M | — |
| Free Cash FlowOCF − Capex | $37.0M | $2.0M |
| FCF MarginFCF / Revenue | 8.8% | 0.4% |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 1.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $98.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $181.4M | ||
| Q3 24 | — | — | ||
| Q3 23 | $40.3M | — | ||
| Q2 23 | $18.4M | — | ||
| Q1 23 | $12.8M | — | ||
| Q3 22 | $34.2M | — | ||
| Q2 22 | $28.0M | — |
| Q4 25 | — | $2.0M | ||
| Q3 25 | — | $180.3M | ||
| Q3 24 | — | — | ||
| Q3 23 | $37.0M | — | ||
| Q2 23 | $16.2M | — | ||
| Q1 23 | $12.5M | — | ||
| Q3 22 | $33.2M | — | ||
| Q2 22 | $27.4M | — |
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 38.5% | ||
| Q3 24 | — | — | ||
| Q3 23 | 8.8% | — | ||
| Q2 23 | 5.9% | — | ||
| Q1 23 | 9.0% | — | ||
| Q3 22 | 9.6% | — | ||
| Q2 22 | 12.1% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.2% | ||
| Q3 24 | — | — | ||
| Q3 23 | 0.8% | — | ||
| Q2 23 | 0.8% | — | ||
| Q1 23 | 0.2% | — | ||
| Q3 22 | 0.3% | — | ||
| Q2 22 | 0.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q3 23 | 1.14× | — | ||
| Q2 23 | 0.83× | — | ||
| Q1 23 | 1.13× | — | ||
| Q3 22 | 1.28× | — | ||
| Q2 22 | 1.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
