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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Utz Brands, Inc. (UTZ). 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 $361.3M, roughly 1.2× Utz Brands, Inc.).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

MGIC vs UTZ — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.2× larger
MGIC
$419.6M
$361.3M
UTZ

Income Statement — Q3 FY2023 vs Q1 FY2027

Metric
MGIC
MGIC
UTZ
UTZ
Revenue
$419.6M
$361.3M
Net Profit
$35.3M
Gross Margin
27.1%
25.4%
Operating Margin
11.3%
2.2%
Net Margin
8.4%
Revenue YoY
2.6%
Net Profit YoY
EPS (diluted)
$-0.02

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
UTZ
UTZ
Q1 26
$361.3M
Q4 24
$341.0M
Q3 24
$365.5M
Q2 24
$356.2M
Q1 24
$346.5M
Q4 23
$371.9M
Q3 23
$419.6M
$362.9M
Q2 23
$275.7M
Net Profit
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
$2.3M
Q3 24
$-2.2M
Q2 24
$19.8M
Q1 24
$-4.0M
Q4 23
$16.0M
Q3 23
$35.3M
$-4.1M
Q2 23
$22.2M
Gross Margin
MGIC
MGIC
UTZ
UTZ
Q1 26
25.4%
Q4 24
25.5%
Q3 24
26.9%
Q2 24
26.7%
Q1 24
25.5%
Q4 23
32.1%
Q3 23
27.1%
32.4%
Q2 23
26.9%
Operating Margin
MGIC
MGIC
UTZ
UTZ
Q1 26
2.2%
Q4 24
2.1%
Q3 24
5.3%
Q2 24
6.3%
Q1 24
2.8%
Q4 23
1.4%
Q3 23
11.3%
0.7%
Q2 23
11.3%
Net Margin
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
0.7%
Q3 24
-0.6%
Q2 24
5.6%
Q1 24
-1.2%
Q4 23
4.3%
Q3 23
8.4%
-1.1%
Q2 23
8.1%
EPS (diluted)
MGIC
MGIC
UTZ
UTZ
Q1 26
$-0.02
Q4 24
$0.04
Q3 24
$-0.03
Q2 24
$0.23
Q1 24
$-0.05
Q4 23
$0.19
Q3 23
$-0.05
Q2 23

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$83.1M
$73.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$276.3M
$709.5M
Total Assets
$505.1M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
UTZ
UTZ
Q1 26
$73.7M
Q4 24
$56.1M
Q3 24
$64.9M
Q2 24
$66.6M
Q1 24
$47.0M
Q4 23
$60.1M
Q3 23
$83.1M
$73.7M
Q2 23
$83.1M
Total Debt
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Q1 24
$756.9M
Q4 23
$915.8M
Q3 23
$967.0M
Q2 23
Stockholders' Equity
MGIC
MGIC
UTZ
UTZ
Q1 26
$709.5M
Q4 24
$696.9M
Q3 24
$685.7M
Q2 24
$686.0M
Q1 24
$671.1M
Q4 23
$705.9M
Q3 23
$276.3M
$688.5M
Q2 23
$276.3M
Total Assets
MGIC
MGIC
UTZ
UTZ
Q1 26
$2.8B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.7B
Q1 24
$2.6B
Q4 23
$2.8B
Q3 23
$505.1M
$2.8B
Q2 23
$505.1M
Debt / Equity
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
1.13×
Q4 23
1.30×
Q3 23
1.40×
Q2 23

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
UTZ
UTZ
Operating Cash FlowLast quarter
$40.3M
$-12.2M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
3.8%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
UTZ
UTZ
Q1 26
$-12.2M
Q4 24
$54.2M
Q3 24
$52.2M
Q2 24
$8.9M
Q1 24
$-9.1M
Q4 23
$53.4M
Q3 23
$40.3M
$4.1M
Q2 23
$18.4M
Free Cash Flow
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
$16.5M
Q3 24
$29.1M
Q2 24
$-15.3M
Q1 24
$-22.7M
Q4 23
$37.9M
Q3 23
$37.0M
$-12.1M
Q2 23
$16.2M
FCF Margin
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
4.8%
Q3 24
8.0%
Q2 24
-4.3%
Q1 24
-6.5%
Q4 23
10.2%
Q3 23
8.8%
-3.3%
Q2 23
5.9%
Capex Intensity
MGIC
MGIC
UTZ
UTZ
Q1 26
3.8%
Q4 24
11.1%
Q3 24
6.3%
Q2 24
6.8%
Q1 24
3.9%
Q4 23
4.2%
Q3 23
0.8%
4.5%
Q2 23
0.8%
Cash Conversion
MGIC
MGIC
UTZ
UTZ
Q1 26
Q4 24
23.67×
Q3 24
Q2 24
0.45×
Q1 24
Q4 23
3.34×
Q3 23
1.14×
Q2 23
0.83×

Financial Flow Comparison

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

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