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Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and Rapid7, Inc. (RPD). Click either name above to swap in a different company.

MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $217.4M, roughly 1.4× Rapid7, Inc.). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 1.4%, a 54.2% gap on every dollar of revenue. On growth, Rapid7, Inc. posted the faster year-over-year revenue change (0.5% vs -3.0%). Over the past eight quarters, Rapid7, Inc.'s revenue compounded faster (3.0% CAGR vs -1.4%).

MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.

Rapid7, Inc. is a leading global cybersecurity company that offers a full portfolio of solutions including vulnerability management, threat detection and response, cloud security, and security analytics. It serves enterprises, SMBs, and public sector entities across industries like tech, healthcare, finance, and manufacturing worldwide, helping clients address and mitigate cyber risks efficiently.

MTG vs RPD — Head-to-Head

Bigger by revenue
MTG
MTG
1.4× larger
MTG
$297.1M
$217.4M
RPD
Growing faster (revenue YoY)
RPD
RPD
+3.5% gap
RPD
0.5%
-3.0%
MTG
Higher net margin
MTG
MTG
54.2% more per $
MTG
55.6%
1.4%
RPD
Faster 2-yr revenue CAGR
RPD
RPD
Annualised
RPD
3.0%
-1.4%
MTG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTG
MTG
RPD
RPD
Revenue
$297.1M
$217.4M
Net Profit
$165.3M
$3.1M
Gross Margin
68.9%
Operating Margin
1.0%
Net Margin
55.6%
1.4%
Revenue YoY
-3.0%
0.5%
Net Profit YoY
-10.9%
44.1%
EPS (diluted)
$0.76
$0.05

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
MTG
MTG
RPD
RPD
Q1 26
$297.1M
Q4 25
$298.7M
$217.4M
Q3 25
$304.5M
$218.0M
Q2 25
$304.2M
$214.2M
Q1 25
$306.2M
$210.3M
Q4 24
$301.4M
$216.3M
Q3 24
$306.6M
$214.7M
Q2 24
$305.3M
$208.0M
Net Profit
MTG
MTG
RPD
RPD
Q1 26
$165.3M
Q4 25
$169.3M
$3.1M
Q3 25
$191.1M
$9.8M
Q2 25
$192.5M
$8.3M
Q1 25
$185.5M
$2.1M
Q4 24
$184.7M
$2.2M
Q3 24
$200.0M
$15.4M
Q2 24
$204.2M
$6.5M
Gross Margin
MTG
MTG
RPD
RPD
Q1 26
Q4 25
68.9%
Q3 25
70.2%
Q2 25
70.6%
Q1 25
71.7%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
70.7%
Operating Margin
MTG
MTG
RPD
RPD
Q1 26
Q4 25
71.2%
1.0%
Q3 25
77.2%
2.7%
Q2 25
80.9%
1.6%
Q1 25
76.6%
-0.0%
Q4 24
77.9%
3.4%
Q3 24
82.9%
6.0%
Q2 24
85.1%
2.5%
Net Margin
MTG
MTG
RPD
RPD
Q1 26
55.6%
Q4 25
56.7%
1.4%
Q3 25
62.8%
4.5%
Q2 25
63.3%
3.9%
Q1 25
60.6%
1.0%
Q4 24
61.3%
1.0%
Q3 24
65.2%
7.2%
Q2 24
66.9%
3.1%
EPS (diluted)
MTG
MTG
RPD
RPD
Q1 26
$0.76
Q4 25
$0.75
$0.05
Q3 25
$0.83
$0.15
Q2 25
$0.81
$0.13
Q1 25
$0.75
$0.03
Q4 24
$0.71
$0.08
Q3 24
$0.77
$0.21
Q2 24
$0.77
$0.09

Balance Sheet & Financial Strength

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

Metric
MTG
MTG
RPD
RPD
Cash + ST InvestmentsLiquidity on hand
$235.1M
$474.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$154.7M
Total Assets
$6.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTG
MTG
RPD
RPD
Q1 26
$235.1M
Q4 25
$369.0M
$474.7M
Q3 25
$266.9M
$407.1M
Q2 25
$294.9M
$511.7M
Q1 25
$207.0M
$493.5M
Q4 24
$229.5M
$521.7M
Q3 24
$288.6M
$443.7M
Q2 24
$281.8M
$442.6M
Stockholders' Equity
MTG
MTG
RPD
RPD
Q1 26
$5.0B
Q4 25
$5.1B
$154.7M
Q3 25
$5.2B
$127.2M
Q2 25
$5.2B
$90.4M
Q1 25
$5.1B
$52.7M
Q4 24
$5.2B
$17.7M
Q3 24
$5.3B
$-5.1M
Q2 24
$5.1B
$-52.6M
Total Assets
MTG
MTG
RPD
RPD
Q1 26
$6.4B
Q4 25
$6.6B
$1.7B
Q3 25
$6.6B
$1.7B
Q2 25
$6.5B
$1.6B
Q1 25
$6.5B
$1.6B
Q4 24
$6.5B
$1.7B
Q3 24
$6.7B
$1.6B
Q2 24
$6.5B
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTG
MTG
RPD
RPD
Operating Cash FlowLast quarter
$37.6M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
12.01×
TTM Free Cash FlowTrailing 4 quarters
$146.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTG
MTG
RPD
RPD
Q1 26
Q4 25
$230.8M
$37.6M
Q3 25
$215.4M
$39.0M
Q2 25
$183.0M
$47.5M
Q1 25
$223.7M
$29.8M
Q4 24
$182.4M
$63.8M
Q3 24
$182.9M
$44.0M
Q2 24
$169.2M
$32.9M
Free Cash Flow
MTG
MTG
RPD
RPD
Q1 26
Q4 25
$230.2M
$36.4M
Q3 25
$215.1M
$34.8M
Q2 25
$183.0M
$46.6M
Q1 25
$223.5M
$28.4M
Q4 24
$181.9M
$62.6M
Q3 24
$182.5M
$42.6M
Q2 24
$169.0M
$32.6M
FCF Margin
MTG
MTG
RPD
RPD
Q1 26
Q4 25
77.1%
16.8%
Q3 25
70.6%
16.0%
Q2 25
60.1%
21.8%
Q1 25
73.0%
13.5%
Q4 24
60.3%
28.9%
Q3 24
59.5%
19.9%
Q2 24
55.3%
15.7%
Capex Intensity
MTG
MTG
RPD
RPD
Q1 26
Q4 25
0.2%
0.5%
Q3 25
0.1%
1.9%
Q2 25
0.0%
0.4%
Q1 25
0.0%
0.6%
Q4 24
0.2%
0.5%
Q3 24
0.1%
0.6%
Q2 24
0.1%
0.1%
Cash Conversion
MTG
MTG
RPD
RPD
Q1 26
Q4 25
1.36×
12.01×
Q3 25
1.13×
3.97×
Q2 25
0.95×
5.70×
Q1 25
1.21×
14.14×
Q4 24
0.99×
29.36×
Q3 24
0.91×
2.85×
Q2 24
0.83×
5.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTG
MTG

Segment breakdown not available.

RPD
RPD

Products$209.1M96%
Services$8.2M4%

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