Magic Software Enterprises Ltd
NASDAQ:MGIC
Gross Margin
Magic Software Enterprises Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IL |
|
Magic Software Enterprises Ltd
NASDAQ:MGIC
|
637.8m USD |
29%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
285.1B EUR |
73%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
256.8B USD |
77%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
192.3B USD |
80%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
171.8B USD |
79%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
168.8B USD |
89%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
131.3B USD |
20%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
88.5B USD |
75%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
70.9B USD |
72%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
69.6B USD |
86%
|
Magic Software Enterprises Ltd
Glance View
Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. The firm is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. The company operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Magic Software Enterprises Ltd's most recent financial statements, the company has Gross Margin of 28.6%.
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