Mgic Investment Corp (MTG)
Mgic Investment Corp brought in $1.2B of revenue over the twelve months to September 30, 2026, down 2.2% from a year earlier. Net income was $691.7M, a net margin of 58.1%. Operating cash flow minus capital spending left $851.8M of free cash flow in fiscal 2025. At September 30, 2026 it held $215.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Mgic Investment Corp
- Net worth
- Mgic Investment Corp has a market value (market cap) of $5.8B at the latest share price, and shareholders' equity of $4.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.2B (+0.5% year on year), with net income of $738.3M. Over the 12 months to September 30, 2026: revenue $1.2B, net income $691.7M.
- Cash flow
- In fiscal 2025 operations brought in $852.8M of cash; after $1M of capital spending, free cash flow was $851.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Mgic Investment Corp's next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Mgic Investment Corp does
Mgic Investment Corp is registered with the SEC under industry code SIC 6351 (Surety Insurance). Its shares trade on NYSE under the ticker MTG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.2B | $738.3M | $3.14 | $851.8M |
| 2024 | $1.2B | $763M | $2.89 | $723.9M |
| 2023 | $1.2B | $712.9M | $2.49 | $711M |
| 2022 | $1.2B | $865.3M | $2.79 | $646.8M |
| 2021 | $1.2B | $635M | $1.85 | $692.2M |
| 2020 | $1.2B | $446.1M | $1.29 | $729M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MTG ranks in Finance
Dividends
It paid out $132.5M in cash dividends, 18% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $132.5M | 18% |
| 2024 | n/a | $130.5M | 17% |
| 2023 | n/a | $123M | 17% |
| 2022 | n/a | $110.9M | 13% |
| 2021 | n/a | $94.2M | 15% |
| 2020 | $0.06 | $82.1M | 18% |
Latest SEC filings
What Mgic Investment Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 1.8% to $299.1M versus the same quarter last year; diluted EPS $0.85 versus $0.83.
- November 4, 2026
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 2.9% to $295.4M versus the same quarter last year; diluted EPS $0.86 versus $0.81.
- July 29, 2026
- May 12, 2026Passive stake changed SCHEDULE 13G/A
- May 4, 2026Passive stake changed SCHEDULE 13G/A
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 29, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 3% to $297.1M versus the same quarter last year; diluted EPS $0.76 versus $0.75.
- April 29, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
What is MTG worth? A DCF from its reported cash flow
Insider trades
What the people running Mgic Investment Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $7.3M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Maggio Paula CEVP and General Counsel | Soldpre-planned (10b5-1) | 20,000 | $576.2K |
| November 2, 2026 | Miosi Salvatore APresident & COO | Soldpre-planned (10b5-1) | 30,000 | $855K |
| October 1, 2026 | Mattke Timothy J.Chief Executive Officer, Director | Soldpre-planned (10b5-1) | 137,114 | $3.6M |
| October 1, 2026 | Miosi Salvatore APresident & COO | Soldpre-planned (10b5-1) | 30,000 | $781.8K |
| September 24, 2026 | Colson Nathaniel HOfficer EVP, CFO & CRO | Soldpre-planned (10b5-1) | 20,000 | $589.6K |
| September 1, 2026 | Miosi Salvatore APresident & COO | Soldpre-planned (10b5-1) | 30,000 | $921.9K |
| August 20, 2026 | Culver Curt SDirector | Received as pay | 28 | - |
| August 20, 2026 | Chaplin C EdwardDirector | Received as pay | 145 | - |
Who owns MTG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 8.4% | April 29, 2026 |
| Dimensional Fund Advisors LP13G, passive | 6.3% | April 9, 2026 |
| Vanguard Capital Management13G, passive | 5.28% | April 30, 2026 |
| AQR Capital Management, LLC13G, passive with 1 related filers | 5.19% | February 13, 2026 |
Largest institutional holders
Insiders
16 insiders reported holding 2,102,476 shares in total, about $59.9M at the last price.
| Holder | Shares |
|---|---|
| Mattke Timothy J.Chief Executive Officer, Director | 843,778 |
| Miosi Salvatore APresident & COO | 410,951 |
| Colson Nathaniel HOfficer EVP, CFO & CRO | 321,226 |
| Maggio Paula CEVP and General Counsel | 129,620 |
| Sperber Julie K.VP-Chief Accounting Officer | 82,837 |
| Chaplin C EdwardDirector | 44,868 |
| Hartzell Jay C.Director | 35,622 |
| Sculley Sheryl L.Director | 35,288 |
| Lowman Teresita M.Director | 34,533 |
| Kozlak Jodee ADirector | 34,495 |
Questions about MTG
What does Mgic Investment Corp do?
Mgic Investment Corp is a company in the Finance sector, listed on NYSE as MTG. Its shares trade on NYSE under the ticker MTG.
What is Mgic Investment Corp's net worth?
Mgic Investment Corp has a market value (market cap) of $5.8B at the latest share price, and shareholders' equity of $4.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Mgic Investment Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $691.7M on revenue of $1.2B, a net margin of 58.1%.
How much revenue does Mgic Investment Corp make?
Over the twelve months to September 30, 2026 Mgic Investment Corp reported revenue of $1.2B. That is 2.2% less than a year earlier.
When did Mgic Investment Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Mgic Investment Corp's next earnings report?
Mgic Investment Corp's next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Mgic Investment Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.