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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Westrock Coffee Co (WEST). 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 $339.5M, roughly 1.2× Westrock Coffee Co). MAGIC SOFTWARE ENTERPRISES LTD runs the higher net margin — 8.4% vs -6.6%, a 15.1% gap on every dollar of revenue. MAGIC SOFTWARE ENTERPRISES LTD produced more free cash flow last quarter ($37.0M vs $27.8M).

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.

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

MGIC vs WEST — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.2× larger
MGIC
$419.6M
$339.5M
WEST
Higher net margin
MGIC
MGIC
15.1% more per $
MGIC
8.4%
-6.6%
WEST
More free cash flow
MGIC
MGIC
$9.2M more FCF
MGIC
$37.0M
$27.8M
WEST

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
MGIC
MGIC
WEST
WEST
Revenue
$419.6M
$339.5M
Net Profit
$35.3M
$-22.6M
Gross Margin
27.1%
11.5%
Operating Margin
11.3%
-2.6%
Net Margin
8.4%
-6.6%
Revenue YoY
48.3%
Net Profit YoY
8.3%
EPS (diluted)
$-0.22

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
WEST
WEST
Q4 25
$339.5M
Q3 25
$354.8M
Q2 25
$280.9M
Q1 25
$213.8M
Q4 24
$229.0M
Q3 24
$220.9M
Q2 24
$208.4M
Q1 24
$192.5M
Net Profit
MGIC
MGIC
WEST
WEST
Q4 25
$-22.6M
Q3 25
$-19.1M
Q2 25
$-21.6M
Q1 25
$-27.2M
Q4 24
$-24.6M
Q3 24
$-14.3M
Q2 24
$-17.8M
Q1 24
$-23.7M
Gross Margin
MGIC
MGIC
WEST
WEST
Q4 25
11.5%
Q3 25
11.7%
Q2 25
14.7%
Q1 25
13.6%
Q4 24
16.6%
Q3 24
16.8%
Q2 24
19.9%
Q1 24
19.4%
Operating Margin
MGIC
MGIC
WEST
WEST
Q4 25
-2.6%
Q3 25
-2.4%
Q2 25
-5.3%
Q1 25
-6.1%
Q4 24
-4.3%
Q3 24
-5.8%
Q2 24
-7.9%
Q1 24
-5.3%
Net Margin
MGIC
MGIC
WEST
WEST
Q4 25
-6.6%
Q3 25
-5.4%
Q2 25
-7.7%
Q1 25
-12.7%
Q4 24
-10.7%
Q3 24
-6.5%
Q2 24
-8.5%
Q1 24
-12.3%
EPS (diluted)
MGIC
MGIC
WEST
WEST
Q4 25
$-0.22
Q3 25
$-0.20
Q2 25
$-0.23
Q1 25
$-0.29
Q4 24
$-0.26
Q3 24
$-0.16
Q2 24
$-0.20
Q1 24
$-0.27

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
WEST
WEST
Cash + ST InvestmentsLiquidity on hand
$83.1M
$49.9M
Total DebtLower is stronger
$444.1M
Stockholders' EquityBook value
$276.3M
$-1.9M
Total Assets
$505.1M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
WEST
WEST
Q4 25
$49.9M
Q3 25
$34.0M
Q2 25
$44.0M
Q1 25
$33.1M
Q4 24
$26.2M
Q3 24
$22.4M
Q2 24
$24.3M
Q1 24
$12.6M
Total Debt
MGIC
MGIC
WEST
WEST
Q4 25
$444.1M
Q3 25
Q2 25
Q1 25
Q4 24
$393.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MGIC
MGIC
WEST
WEST
Q4 25
$-1.9M
Q3 25
$11.4M
Q2 25
$18.2M
Q1 25
$71.4M
Q4 24
$97.5M
Q3 24
$110.3M
Q2 24
$81.5M
Q1 24
$91.7M
Total Assets
MGIC
MGIC
WEST
WEST
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$983.3M
Debt / Equity
MGIC
MGIC
WEST
WEST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.03×
Q3 24
Q2 24
Q1 24

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
WEST
WEST
Operating Cash FlowLast quarter
$40.3M
$36.7M
Free Cash FlowOCF − Capex
$37.0M
$27.8M
FCF MarginFCF / Revenue
8.8%
8.2%
Capex IntensityCapex / Revenue
0.8%
2.6%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
WEST
WEST
Q4 25
$36.7M
Q3 25
$-26.6M
Q2 25
$-7.0M
Q1 25
$-22.1M
Q4 24
$2.8M
Q3 24
$-332.0K
Q2 24
$-23.7M
Q1 24
$8.0M
Free Cash Flow
MGIC
MGIC
WEST
WEST
Q4 25
$27.8M
Q3 25
$-44.7M
Q2 25
$-27.5M
Q1 25
$-63.4M
Q4 24
$-15.4M
Q3 24
$-36.7M
Q2 24
$-59.9M
Q1 24
$-60.9M
FCF Margin
MGIC
MGIC
WEST
WEST
Q4 25
8.2%
Q3 25
-12.6%
Q2 25
-9.8%
Q1 25
-29.7%
Q4 24
-6.7%
Q3 24
-16.6%
Q2 24
-28.7%
Q1 24
-31.7%
Capex Intensity
MGIC
MGIC
WEST
WEST
Q4 25
2.6%
Q3 25
5.1%
Q2 25
7.3%
Q1 25
19.3%
Q4 24
7.9%
Q3 24
16.5%
Q2 24
17.4%
Q1 24
35.8%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

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