Mgic Investment (MTG) Operating Margin (2009 - 2026)

Mgic Investment's Operating Margin history runs 18 years deep, the most recent figure standing at 20.78% for Q1 2026.

• On a quarterly basis, Operating Margin fell 443.0% year-over-year to 20.78% in Q1 2026; TTM through Mar 2026 was 24.19%, a 167.0% increase from a year earlier, with the FY2025 full-year figure at 25.5%, up 524.0% from the prior year.
• Operating Margin fell to 20.78% in Q1 2026 per MTG's latest filing, from 26.1% in the prior quarter.
• Across five years, Operating Margin topped out at 26.1% in Q4 2025 and bottomed at 11.31% in Q4 2022.
• The 5-year median for Operating Margin is 20.3% (2024), against an average of 19.78%.
• Across the five-year window, Operating Margin jumped 687 bps in 2024 and plunged 443 bps in 2026, its largest moves.
• Year by year, Operating Margin stood at 11.31% in 2022, then gained by 19 bps to 13.47% in 2023, then surged by 51 bps to 20.34% in 2024, then climbed by 28 bps to 26.1% in 2025, then dropped by 20 bps to 20.78% in 2026.
• Per Business Quant, the three latest MTG Operating Margin figures stand at 20.78% (Q1 2026), 26.1% (Q4 2025), and 25.73% (Q3 2025).