Formula Systems (1985) (FORTY) Current Leases (2019 - 2026)
Formula Systems (1985) (FORTY) recorded Current Leases of $45.72 million in Q2 2026, down 7.9% from $49.65 million a year earlier but up 4.9% from the prior quarter.
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Analysis
Formula Systems (1985) (FORTY) Current Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Formula Systems (1985) reported Current Leases of $42.9 million, down 5.2% from FY2024.
- Annual Current Leases has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- Across earlier years, Current Leases came in at $45.24 million in FY2024 (+2.7%), $44.06 million in FY2023 (-3.1%), $45.5 million in FY2022 (+9.2%) and $41.66 million in FY2021 (+29.9%).
- Quarterly Current Leases has ranged from $31.9 million in Q3 2021 to $49.65 million in Q2 2025 over the past five years.
- On a year-over-year basis, Current Leases has declined for four consecutive quarters, with growth averaging 1.3% over the last eight quarters.
- Peak year-over-year performance for Current Leases in the last five years was growth of 29.9% in Q4 2021, against a decline of 11.0% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $43.57 million (Q1 2026), $42.9 million (Q4 2025) and $41.52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | - |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | - |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | - |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | - |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 126.13 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | - |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | - |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | - |
| 10 | Formula Systems (1985) | 1.83 Bn | -1.52 Bn | 158.43 Mn | 45.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.72 Mn |
| Mar 31, 2026 | 43.57 Mn |
| Dec 31, 2025 | 42.90 Mn |
| Sep 30, 2025 | 41.52 Mn |
| Jun 30, 2025 | 49.65 Mn |
| Mar 31, 2025 | 44.58 Mn |
| Dec 31, 2024 | 45.24 Mn |
| Sep 30, 2024 | 44.61 Mn |
| Jun 30, 2024 | 41.13 Mn |
| Mar 31, 2024 | 43.92 Mn |
| Dec 31, 2023 | 44.06 Mn |
| Sep 30, 2023 | 41.30 Mn |
| Jun 30, 2023 | 46.19 Mn |
| Mar 31, 2023 | 48.22 Mn |
| Dec 31, 2022 | 45.50 Mn |
| Sep 30, 2022 | 41.30 Mn |
| Jun 30, 2022 | 37.80 Mn |
| Mar 31, 2022 | 40.67 Mn |
| Dec 31, 2021 | 41.66 Mn |
| Sep 30, 2021 | 31.90 Mn |
API Access
Formula Systems (1985) Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();