Magic Software Enterprises Ltd.MGICNASDAQ
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank46
3Y CAGR-23.9%
5Y CAGR-34.3%
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
-23.9%/yr
vs -22.5%/yr prior
5Y CAGR
-34.3%/yr
Recent acceleration
Acceleration
-1.4pp
Decelerating
Percentile
P46
Within normal range
vs 5Y Ago
0.1x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q3 20252.64%
Q2 20257.82%
Q1 2025-2.18%
Q4 20242.41%
Q3 20243.56%
Q2 20248.66%
Q1 2024-10.47%
Q4 20235.50%
Q3 2023-9.50%
Q2 20236.82%
Q1 2023-15.17%
Q4 202220.10%
Q3 20225.99%
Q2 20222.46%
Q1 20222.81%
Q4 20211.08%
Q3 20212.91%
Q2 202112.43%
Q1 2021-4.45%
Q4 20204.90%
Q3 202021.50%
Q2 2020-9.18%
Q1 2020-16.91%
Q4 20193.13%
Q3 201918.53%
Q2 201913.69%
Q1 20190.04%
Q4 2018-1.34%
Q3 20180.79%
Q2 2018-11.41%
Q1 20189.36%
Q4 20172.02%
Q3 20170.44%
Q2 20176.55%
Q1 20171.85%
Q4 20162.84%
Q3 201615.87%
Q2 20168.54%
Q1 2016-17.18%
Q4 201523.08%