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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and USA Compression Partners, LP (USAC). 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 $252.5M, roughly 1.7× USA Compression Partners, LP). USA Compression Partners, LP runs the higher net margin — 11.0% vs 8.4%, a 2.6% gap on every dollar of revenue. USA Compression Partners, LP produced more free cash flow last quarter ($87.7M 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.

USA Compression Partners, LP is a US-based provider of natural gas compression services and related infrastructure solutions. It serves clients across the upstream, midstream, and downstream segments of the oil and gas industry, offering custom compression systems, maintenance, and operational support to facilitate efficient natural gas production, processing, and transportation.

MGIC vs USAC — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.7× larger
MGIC
$419.6M
$252.5M
USAC
Higher net margin
USAC
USAC
2.6% more per $
USAC
11.0%
8.4%
MGIC
More free cash flow
USAC
USAC
$50.8M more FCF
USAC
$87.7M
$37.0M
MGIC

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
MGIC
MGIC
USAC
USAC
Revenue
$419.6M
$252.5M
Net Profit
$35.3M
$27.8M
Gross Margin
27.1%
Operating Margin
11.3%
30.3%
Net Margin
8.4%
11.0%
Revenue YoY
2.7%
Net Profit YoY
9.1%
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
USAC
USAC
Q4 25
$252.5M
Q3 25
$250.3M
Q2 25
$250.1M
Q1 25
$245.2M
Q4 24
$245.9M
Q3 24
$240.0M
Q2 24
$235.3M
Q1 24
$229.3M
Net Profit
MGIC
MGIC
USAC
USAC
Q4 25
$27.8M
Q3 25
$34.5M
Q2 25
$28.6M
Q1 25
$20.5M
Q4 24
$25.4M
Q3 24
$19.3M
Q2 24
$31.2M
Q1 24
$23.6M
Operating Margin
MGIC
MGIC
USAC
USAC
Q4 25
30.3%
Q3 25
33.5%
Q2 25
30.6%
Q1 25
28.3%
Q4 24
30.3%
Q3 24
31.5%
Q2 24
32.9%
Q1 24
29.2%
Net Margin
MGIC
MGIC
USAC
USAC
Q4 25
11.0%
Q3 25
13.8%
Q2 25
11.4%
Q1 25
8.4%
Q4 24
10.3%
Q3 24
8.1%
Q2 24
13.3%
Q1 24
10.3%

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
USAC
USAC
Cash + ST InvestmentsLiquidity on hand
$83.1M
$8.6M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$276.3M
Total Assets
$505.1M
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
USAC
USAC
Q4 25
$8.6M
Q3 25
Q2 25
$2.0K
Q1 25
$2.0K
Q4 24
$14.0K
Q3 24
$79.0K
Q2 24
$9.0K
Q1 24
$8.0K
Total Debt
MGIC
MGIC
USAC
USAC
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.5B
Total Assets
MGIC
MGIC
USAC
USAC
Q4 25
$2.6B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.8B

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
USAC
USAC
Operating Cash FlowLast quarter
$40.3M
$139.5M
Free Cash FlowOCF − Capex
$37.0M
$87.7M
FCF MarginFCF / Revenue
8.8%
34.8%
Capex IntensityCapex / Revenue
0.8%
20.5%
Cash ConversionOCF / Net Profit
1.14×
5.02×
TTM Free Cash FlowTrailing 4 quarters
$98.8M
$277.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
USAC
USAC
Q4 25
$139.5M
Q3 25
$75.9M
Q2 25
$124.2M
Q1 25
$54.7M
Q4 24
$130.2M
Q3 24
$48.5M
Q2 24
$96.7M
Q1 24
$65.9M
Free Cash Flow
MGIC
MGIC
USAC
USAC
Q4 25
$87.7M
Q3 25
$51.9M
Q2 25
$101.1M
Q1 25
$36.3M
Q4 24
$101.2M
Q3 24
$19.8M
Q2 24
$48.2M
Q1 24
$-32.7M
FCF Margin
MGIC
MGIC
USAC
USAC
Q4 25
34.8%
Q3 25
20.7%
Q2 25
40.4%
Q1 25
14.8%
Q4 24
41.1%
Q3 24
8.2%
Q2 24
20.5%
Q1 24
-14.3%
Capex Intensity
MGIC
MGIC
USAC
USAC
Q4 25
20.5%
Q3 25
9.6%
Q2 25
9.3%
Q1 25
7.5%
Q4 24
11.8%
Q3 24
12.0%
Q2 24
20.6%
Q1 24
43.0%
Cash Conversion
MGIC
MGIC
USAC
USAC
Q4 25
5.02×
Q3 25
2.20×
Q2 25
4.35×
Q1 25
2.66×
Q4 24
5.12×
Q3 24
2.51×
Q2 24
3.10×
Q1 24
2.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

USAC
USAC

Revenue From Contract Operations Excluding Revenue From Related Party$231.7M92%
Entities Affiliated With Energy Transfer LP$16.6M7%
Transferred At Point In Time$5.4M2%

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