Formula Systems (1985) (FORTY) Accumulated Expenses (2009 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Accumulated Expenses of $236.1 million for Q1 2026, down 3.1% year-on-year from $243.7 million in Q1 2025, and little changed on a QoQ basis from $235.7 million in Q4 2025.
Formula Systems (1985) (FORTY) Accumulated Expenses (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Accumulated Expenses for 18 consecutive years, with $236.1 million the latest figure, recorded in Q1 2026.
- Quarterly Accumulated Expenses fell 3.1% year-over-year to $236.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $236.1 million (down 3.1% YoY) and the FY2025 annual result came in at $235.7 million, changed 0.37% from the prior year.
- Accumulated Expenses steadied at $236.1 million in Q1 2026 per FORTY's latest filing, from $235.7 million in the prior quarter.
- Over the last five years, Accumulated Expenses for FORTY reached as high as $243.7 million in Q1 2025 and fell as low as $182.4 million in Q2 2023.
- A 5-year average of $210.2 million and a median of $203.8 million in 2025 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2023 — Accumulated Expenses retreated 4.68% — and 2025, when it increased 21.3%.
- Year by year, Accumulated Expenses stood at $201.2 million in 2022, then increased by 4.05% to $209.4 million in 2023, then climbed by 12.16% to $234.8 million in 2024, then increased by 0.37% to $235.7 million in 2025, then gained by 0.18% to $236.1 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $236.1 million, $235.7 million, and $203.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 236.12 Mn |
| Dec 31, 2025 | 235.71 Mn |
| Sep 30, 2025 | 203.82 Mn |
| Jun 30, 2025 | 239.60 Mn |
| Mar 31, 2025 | 243.68 Mn |
| Dec 31, 2024 | 234.85 Mn |
| Sep 30, 2024 | 213.43 Mn |
| Jun 30, 2024 | 197.53 Mn |
| Mar 31, 2024 | 214.37 Mn |
| Dec 31, 2023 | 209.38 Mn |
| Sep 30, 2023 | 185.06 Mn |
| Jun 30, 2023 | 182.37 Mn |
| Mar 31, 2023 | 194.03 Mn |
| Dec 31, 2022 | 201.23 Mn |
| Sep 30, 2022 | 191.28 Mn |
| Jun 30, 2022 | 188.04 Mn |
| Mar 31, 2022 | 203.56 Mn |
| Dec 31, 2021 | 207.55 Mn |
| Dec 31, 2020 | 190.25 Mn |
| Dec 31, 2019 | 142.03 Mn |