Magic Software Enterprises Ltd · Q2 2025 earnings

Briefing

Magic Software Q2 2025: $151.6M revenue (+11%), raises FY25 revenue guide to $600–610M

Magic Software Enterprises Ltd. reported second-quarter 2025 results for the period ended June 30, 2025, with revenue of $151.6 million, up 11.3% year over year. GAAP operating income rose 4.0% to $15.6 million (10.3% margin) and net income attributable to shareholders increased 9.8% to $9.9 million, or $0.20 diluted EPS. Non-GAAP net income was $12.7 million, or $0.26 per diluted share. First-half revenue reached $299.0 million (+12.0%) with operating income of $31.4 million. Cash, cash equivalents and short-term deposits totaled $90.0 million at quarter end. Management raised full-year 2025 revenue guidance to $600–610 million from a prior $593–603 million range, implying roughly 8.6%–10.4% annual growth, and declared a semi-annual dividend of 29.6 cents per share payable October 22, 2025.

• Q2 revenue $151.6M (+11.3% YoY); operating income $15.6M; net income $9.9M ($0.20 diluted EPS)
• Non-GAAP net income $12.7M ($0.26 diluted EPS); gross margin 27.9%
• H1 revenue $299.0M (+12.0%); H1 operating income $31.4M (+6.5%)
• Cash and short-term deposits $90.0M; H1 operating cash flow $21.2M
• Raised FY25 revenue guidance to $600–610M; declared $0.296 semi-annual dividend

Headline financials

Revenue & EPS history

Magic Software raised full-year 2025 revenue guidance to $600–610 million, representing approximately 8.6%–10.4% growth versus fiscal 2024 at current exchange rates.