Magic Software Enterprises Ltd.

MGICNASDAQTechnology

$17.38

+$17.38(+0.00%)

Market Cap$853345921

P/E Ratio—

52W High$28

52W Low$11.65

Avg Volume38K

Open$17.38

Beta0.75

Overview

Magic Software Enterprises Ltd. (MGIC) Number of Employees – History & Annual Headcount

Annual SEC headcount, year-over-year change, and per-employee efficiency — chart and full history below.

SEC EDGAR · FMP · MGIC · as of May 15, 2025

Latest filing snapshot

3,787

+159+4.38%vs prior year

Magic Software Enterprises Ltd. (MGIC) employee data is sourced from the annual SEC 20-F filing. As of 2024, full-time employees only. Global consolidated headcount. View SEC filing ↗

SEC 20-F·Period end: 2024-12-31·Full-time · Global

Total Employees

3,787

Change (1Y)

+159

Growth % (1Y)

+4.38%

Revenue / Employee

$145.9K

Net Income / Employee

$9.7K

Market Cap

$853M

MGIC Employee Count

2001 – 2024 · Annual · SEC filing

Source: SEC annual filings · Hover bar to view year data · Click to view original filing

Employees History

Filing Date	Period End	Employees	Change (1Y)	Growth (1Y)
2025-05-15	2024-12-31	3,787	+159	+4.38%
2024-05-13	2023-12-31	3,628	-533	-12.81%
2023-05-11	2022-12-31	4,161	+484	+13.16%
2022-05-12	2021-12-31	3,677	+637	+20.95%
2021-05-13	2020-12-31	3,040	+400	+15.15%
2020-05-14	2019-12-31	2,640	+640	+32.00%
2019-04-30	2018-12-31	2,000	+0	+0.00%
2018-04-30	2017-12-31	2,000	+301	+17.72%
2017-04-27	2016-12-31	1,699	+499	+41.58%
2016-04-27	2015-12-31	1,200	+0	+0.00%

▸ Source: SEC Annual Reports (Form 10-K / 20-F). Employee counts as of fiscal year end. Click the ↗ icon at the end of a row to open the original SEC filing in a new tab.

Related Companies — Employee Count

Information Technology Services

#SymbolCompanyEmployeesMkt Cap

GDYN

Grid Dynamics Holdings, Inc.

4,926$541M #2

MGIC

Magic Software Enterprises Ltd.YOU

GigaCloud Technology Inc.

BlackSky Technology Inc.

340$1.3B

Source: /stock-peers + /profile.fullTimeEmployees · Click row → /employees · Sorted by headcount · MGIC peer comparison

About MGIC employees

MGIC Employees · Headcount

Magic Software Enterprises Ltd. (MGIC) employee data is sourced from the annual SEC 20-F filing. As of 2024, Magic Software Enterprises Ltd. had 3,787 full-time employees globally. Full-time employees only. Global consolidated headcount.

Magic Software Enterprises Ltd. employs 3,787 full-time employees as of the latest filing within the Information Technology Services industry. Revenue per employee stands at $145,899, reflecting the company's operational efficiency.

Magic Software Enterprises Ltd.'s workforce increased by 159 (4.38%) in 2024 compared to the prior fiscal year. The historical trend reflects the company's expansion and contraction cycles.

Magic Software Enterprises Ltd.'s revenue per employee of $145,899 positions it among the notable performers in the Information Technology Services sector for operational efficiency.

Revenue Financial statements Net income SEC filings Price history Forecast & ratings Ownership Earnings

Frequently Asked Questions

MGIC Employees · 5 questions

As of the latest SEC 20-F filing (2024), Magic Software Enterprises Ltd. had 3,787 full-time employees globally. This figure is sourced from the company's mandatory annual disclosure to the SEC.

Magic Software Enterprises Ltd. employee counthow many employees does Magic Software Enterprises Ltd. haveMGIC total employees 2024

▸ Data source: FMP /historical-employee-count · SEC EDGAR annual filings · As reported · Global consolidated headcount · As of 2025-05-15