How many employees work at Magic Software?
Magic Software, Inc. has approximately 1,838 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Magic Software's total headcount has grown 3.3% from 1,779 employees in 2023 to 1,838 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is Magic Software hiring right now?
Yes, Magic Software is actively hiring. Magic Software had 20 active job postings in 2026, a 133.3% increase from 2025 — see job openings & hiring trends.
About Magic Software's Workforce
Magic Software, Inc. is a Professional Development Services company that employs 1,838 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 1990, the company is headquartered in New York City, New York.
Magic Software's workforce grew 3.3% from 2023 to 2026, though it is down 0.7% year over year in 2026. It recovered after a low point, with headcount having fallen to 1,606 in 2023 Q4 before rising again. The workforce is concentrated most in India (93.7%), followed by the United States (3.4%) and the United Kingdom (0.7%), with the United Kingdom being the fastest-growing location at 30.9%.
Magic Software's largest groups by headcount are Engineering (35.6%), Finance and Operations (33.2%), and Sales and Marketing (31.2%), with Sales and Marketing growing the fastest (up 1.3%). The average tenure across employees is 3.1 years, and the average salary is $18,259, with regional medians ranging from $102,000 in Northern America to $9,000 in Sub-Saharan Africa.
Magic Software's active job postings rose 133.3% in 2026 to 20, with postings per month easing from 20 in 2023 to 11 in 2026. Employee sentiment remains neutral but is improving.
Sourced from Revelio Labs workforce data.
As of March 2026
Magic Software
workforce metrics
Headcount
1.8k
0.7% YoY
Avg. Salary
$18.3k
4.0% YoY
Tenure
3.1yr
0.2yr YoY
Growth Rate
-0.7%
13.1pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Magic Software. Compare to peers, export the dataset, and access the full quarterly history.
- Magic Software had 1,838 employees in 2026, a 0.7% decline (-13) from 2025.
- Magic Software had 1,814 employees in 2025, a 3.3% increase (+59) from 2024.
- Magic Software had 1,755 employees in 2024, a 8.9% increase (+149) from 2023.
- Magic Software had 1,606 employees in 2023, a 11.8% decline (-201) from 2022.
Magic Software's total workforce has grown from 1,779 employees in 2023 to 1,838 in 2026.
Magic Software, Inc. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,838 | -13 | -0.7% |
| 2025 | Q4 | 1,814 | +59 | +3.3% |
| 2025 | Q3 | 1,846 | +184 | +10.5% |
| 2025 | Q2 | 1,899 | +272 | +15.4% |
| 2025 | Q1 | 1,851 | +217 | +12.4% |
| 2024 | Q4 | 1,755 | +149 | +8.9% |
| 2024 | Q3 | 1,662 | +29 | +1.8% |
| 2024 | Q2 | 1,627 | -152 | -8.9% |
| 2024 | Q1 | 1,634 | -293 | -16.5% |
| 2023 | Q4 | 1,606 | -201 | -11.8% |
| 2023 | Q3 | 1,633 | -100 | -5.9% |
| 2023 | Q2 | 1,779 | +41 | +2.3% |
Want to see Magic Software's complete headcount history back to 2008, including quarterly breakdowns?
India accounts for the largest share of Magic Software's global workforce with approximately 94% of total employees, followed by the United States and the United Kingdom. Magic Software's headcount in the United Kingdom is growing fastest among its major locations, up 30.9% year over year in 2026.
Magic Software employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| India | 1,710 | 93.7% | -2.5% |
| United States | 62 | 3.4% | +5.4% |
| United Kingdom | 13 | 0.7% | +30.9% |
| Egypt | 6 | 0.3% | +0.0% |
| Nigeria | 3 | 0.2% | +0.0% |
| Australia | 3 | 0.2% | +0.0% |
| South Africa | 2 | 0.1% | +0.0% |
| Indonesia | 2 | 0.1% | +0.0% |
| Tunisia | 2 | 0.1% | +100.0% |
| Romania | 2 | 0.1% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Magic Software's largest employee groups are Engineering (35.6%), Finance and Operations (33.2%), and Sales and Marketing (31.2%).
Magic Software employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Engineering | 651 | 35.6% | -4.3% |
| Finance and Operations | 607 | 33.2% | -3.2% |
| Sales and Marketing | 570 | 31.2% | +1.3% |
Compare Magic Software's department mix to industry peers.
Magic Software's average employee salary is $18,259 globally. Employees in Northern America receive the highest compensation, with median pay approximately 5.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $9,000.
Magic Software median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $102,000 |
| Northern Europe | $63,000 |
| Pacific Islands | $59,000 |
| Eastern Europe | $37,000 |
| South-Eastern Asia | $10,000 |
| Northern Africa | $10,000 |
| Southern Asia | $10,000 |
| Sub-Saharan Africa | $9,000 |
Unlock salary by role, level, and city — and compare to Magic Software's industry peers.
- Magic Software had 20 active job postings in 2026, a 133.3% increase (+13) from 2025.
- Magic Software had 7 active job postings in 2025, a 13.3% decline (-1) from 2024.
- Magic Software had 8 active job postings in 2024, a 11.8% decline (-1) from 2023.
- Magic Software had 9 active job postings in 2023, a 129.4% decline from 2022.
- Hiring velocity in 2026: 11 new roles/month, up from 8 in 2025 and 9 in 2024. New metric
Magic Software's active job postings rose 133.3% in 2026 to 20, with new postings per month cooling from 20 in 2023 to 11 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Magic Software's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Professional Development Services Companies by Employee Count
- How fast is Magic Software growing?
- In 2026, Magic Software's headcount shrank 0.7% to 1,838 employees, down from 1,851 in 2025.
- Where are Magic Software employees located?
- Most Magic Software employees are based in India (93.7% of headcount), followed by the United States and the United Kingdom.
- What is the average salary at Magic Software?
- The average employee salary at Magic Software is approximately $18.3k per year.
- How many people does Magic Software hire per year?
- In 2026, Magic Software opened roughly 132 new roles — about 11 per month.
- When was Magic Software founded and where is it headquartered?
- Magic Software was founded in 1990 and is headquartered in New York City, New York.
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