Formula Systems (1985) (FORTY) Current Leases (2019 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Current Leases of $43.6 million for Q1 2026, down 2.26% year-on-year from $44.6 million in Q1 2025, and up 1.57% on a QoQ basis from $42.9 million in Q4 2025.
Formula Systems (1985) (FORTY) Current Leases (2019 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Current Leases for 8 consecutive years, with $43.6 million the latest figure, recorded in Q1 2026.
- Quarterly Current Leases fell 2.26% year-over-year to $43.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.6 million (down 2.26% YoY) and the FY2025 annual result came in at $42.9 million, down 5.17% from the prior year.
- Current Leases climbed to $43.6 million in Q1 2026 per FORTY's latest filing, from $42.9 million in the prior quarter.
- Over the last five years, Current Leases for FORTY reached as high as $49.6 million in Q2 2025 and fell as low as $37.8 million in Q2 2022.
- A 5-year average of $43.7 million and a median of $43.9 million in 2024 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2022 — Current Leases rose 29.44% — and 2024, when it declined 10.97%.
- Year by year, Current Leases stood at $45.5 million in 2022, then decreased by 3.15% to $44.1 million in 2023, then rose by 2.67% to $45.2 million in 2024, then dropped by 5.17% to $42.9 million in 2025, then rose by 1.57% to $43.6 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $43.6 million, $42.9 million, and $41.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 770.00 Mn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 750.92 Mn |
| 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 | - | 132.22 Mn |
| 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 | 140.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 278.00 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 | 43.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 32.00 Mn |