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Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $252.6M, roughly 1.2× PicoCELA Inc.). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -125.2%, a 180.8% gap on every dollar of revenue.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.
MTG vs PCLA — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $297.1M | $252.6M |
| Net Profit | $165.3M | $-316.2M |
| Gross Margin | — | — |
| Operating Margin | — | -114.8% |
| Net Margin | 55.6% | -125.2% |
| Revenue YoY | -3.0% | — |
| Net Profit YoY | -10.9% | — |
| EPS (diluted) | $0.76 | — |
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.
| Q1 26 | $297.1M | — | ||
| Q4 25 | $298.7M | — | ||
| Q3 25 | $304.5M | — | ||
| Q2 25 | $304.2M | — | ||
| Q1 25 | $306.2M | $252.6M | ||
| Q4 24 | $301.4M | — | ||
| Q3 24 | $306.6M | — | ||
| Q2 24 | $305.3M | — |
| Q1 26 | $165.3M | — | ||
| Q4 25 | $169.3M | — | ||
| Q3 25 | $191.1M | — | ||
| Q2 25 | $192.5M | — | ||
| Q1 25 | $185.5M | $-316.2M | ||
| Q4 24 | $184.7M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $204.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | 71.2% | — | ||
| Q3 25 | 77.2% | — | ||
| Q2 25 | 80.9% | — | ||
| Q1 25 | 76.6% | -114.8% | ||
| Q4 24 | 77.9% | — | ||
| Q3 24 | 82.9% | — | ||
| Q2 24 | 85.1% | — |
| Q1 26 | 55.6% | — | ||
| Q4 25 | 56.7% | — | ||
| Q3 25 | 62.8% | — | ||
| Q2 25 | 63.3% | — | ||
| Q1 25 | 60.6% | -125.2% | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 65.2% | — | ||
| Q2 24 | 66.9% | — |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $0.75 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.81 | — | ||
| Q1 25 | $0.75 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.77 | — | ||
| Q2 24 | $0.77 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $235.1M | $456.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.0B | $354.8M |
| Total Assets | $6.4B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $235.1M | — | ||
| Q4 25 | $369.0M | — | ||
| Q3 25 | $266.9M | — | ||
| Q2 25 | $294.9M | — | ||
| Q1 25 | $207.0M | $456.8M | ||
| Q4 24 | $229.5M | — | ||
| Q3 24 | $288.6M | — | ||
| Q2 24 | $281.8M | — |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.1B | $354.8M | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.1B | — |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $6.5B | $1.2B | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.5B | — |
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 | — | $-245.6M |
| Free Cash FlowOCF − Capex | — | $-256.6M |
| FCF MarginFCF / Revenue | — | -101.6% |
| Capex IntensityCapex / Revenue | — | 4.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $230.8M | — | ||
| Q3 25 | $215.4M | — | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $223.7M | $-245.6M | ||
| Q4 24 | $182.4M | — | ||
| Q3 24 | $182.9M | — | ||
| Q2 24 | $169.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | $230.2M | — | ||
| Q3 25 | $215.1M | — | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $223.5M | $-256.6M | ||
| Q4 24 | $181.9M | — | ||
| Q3 24 | $182.5M | — | ||
| Q2 24 | $169.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 77.1% | — | ||
| Q3 25 | 70.6% | — | ||
| Q2 25 | 60.1% | — | ||
| Q1 25 | 73.0% | -101.6% | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 55.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | 4.3% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.13× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 0.99× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MTG
Segment breakdown not available.
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
