MGIC Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	603.22	552.52	535.05	566.79	480.33	371.19
Revenue Growth (YoY)	12.65%	3.26%	-5.60%	18.00%	29.40%	13.99%
Cost of Revenue	434.05	394.69	382.07	411.44	347.33	261.6
Gross Profit	169.17	157.83	152.99	155.36	132.99	109.59
Selling, General & Admin	90.13	84.11	85.31	84.41	69.37	59.13
Research & Development	13.83	13.31	10.33	10.09	9	8.79
Other Operating Expenses	-	-0.83	0.24	-0.91	2.51	1.09
Total Operating Expenses	103.97	96.59	95.88	93.59	80.87	69
Operating Income	65.2	61.24	57.11	61.76	52.12	40.59
Interest Income	4.93	3.16	4.9	1.39	0.11	-
Interest Expense	-10.38	-9.1	-9.23	-4.99	-3.8	-0.92
Other Non-Operating Income (Expense)	-0.43	-0.68	-0.35	-0.74	-2.82	-2.27
Total Non-Operating Income (Expense)	-	-6.62	-4.67	-4.35	-6.51	-
Pretax Income	59.55	54.62	52.44	57.42	45.62	37.4
Provision for Income Taxes	11.99	11.33	9.93	11.14	10.28	7.29
Net Income	39.88	36.88	37.03	40.47	29.77	25.19
Minority Interest in Earnings	-7.45	-	-	-	-	4.93
Net Income to Common	39.88	36.88	37.03	40.47	29.77	25.19
Net Income Growth	14.79%	-0.40%	-8.50%	35.96%	18.19%	24.28%
Shares Outstanding (Basic)	49	49	49	49	49	49
Shares Outstanding (Diluted)	49	49	49	49	49	49
Shares Change (YoY)	0.00%	0.16%	-0.07%	0.06%	0.11%	0.11%
EPS (Basic)	0.81	0.75	0.75	0.82	0.61	0.49
EPS (Diluted)	0.81	0.75	0.75	0.82	0.61	0.49
EPS Growth	16.04%	-	-8.54%	34.43%	24.49%	88.46%
Free Cash Flow	92.76	73.3	67.37	52.23	42.24	49.52
Free Cash Flow Growth	26.56%	8.79%	28.98%	23.67%	-14.72%	11.12%
Free Cash Flow Per Share	-	-	1.37	1.06	0.86	1.01
Dividends Per Share	0.774	0.563	0.531	0.590	0.446	0.385
Dividend Growth	37.48%	6.03%	-10.00%	32.29%	15.84%	63.14%
Gross Margin	28.04%	28.56%	28.59%	27.41%	27.69%	29.52%
Operating Margin	10.81%	11.08%	10.67%	10.90%	10.85%	10.93%
Profit Margin	7.88%	7.84%	7.94%	8.17%	7.36%	8.11%
FCF Margin	15.38%	13.27%	12.59%	9.22%	8.79%	13.34%
EBITDA	101.12	82	77.66	81.56	71.96	54.53
EBITDA Margin	16.76%	14.84%	14.51%	14.39%	14.98%	14.69%
EBIT	65.2	61.24	57.11	61.76	52.12	40.59
EBIT Margin	10.81%	11.08%	10.67%	10.90%	10.85%	10.93%
Effective Tax Rate	20.13%	20.74%	18.94%	19.40%	22.53%	19.48%

Updated Nov 3, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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