Formula Systems (1985) (FORTY) EBITDA (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly EBITDA came in at $1520.0 in Q2 2026, up 162.07% on a YoY basis from $580.0 in Q2 2025, and down 100.0% quarter-over-quarter from $65.2 million in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) EBITDA (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported EBITDA for 18 consecutive years, with $1520.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA rose 162.07% year-over-year to $1520.0; the trailing twelve-month figure through Jun 2026 stood at $152.1 million (up 7.57% YoY), and the FY2025 full-year result was $187.2 million, down 32.88% from the prior year.
- EBITDA fell to $1520.0 in Q2 2026 per FORTY's latest filing, from $65.2 million in the prior quarter.
- Across five years, EBITDA topped out at $65.2 million in Q1 2026 and bottomed at $580.0 in Q2 2025.
- Historically, EBITDA has averaged $49.6 million across 5 years, with a median of $57.9 million in 2022.
- The sharpest annual moves came in 2025 and 2026: EBITDA sank 100.0% in 2025, then soared 162.07% in 2026.
- Over 5 years, EBITDA stood at $60.2 million in 2022, then gained by 0.28% to $60.3 million in 2023, then decreased by 17.32% to $49.9 million in 2024, then slumped by 35.13% to $32.4 million in 2025, then tumbled by 100.0% to $1520.0 in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $1520.0, $65.2 million, and $32.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.93 Bn | 44.93 Bn | 1.60 Bn | 1.07 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 874.00 Mn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 480.36 Mn |
| 4 | EPAM Systems | 5.99 Bn | 5.20 Bn | 429.57 Mn | 152.22 Mn |
| 5 | Science Applications International | 5.47 Bn | 5.34 Bn | 239.00 Mn | 152.00 Mn |
| 6 | ExlService Holdings | 5.30 Bn | 5.01 Bn | 225.96 Mn | 87.30 Mn |
| 7 | Kyndryl Holdings | 2.78 Bn | 669.66 Mn | 776.00 Mn | 146.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 1,520.00 |
| 9 | DXC Technology | 1.80 Bn | -198.93 Mn | 611.00 Mn | -2.15 Bn |
| 10 | Innodata | 1.79 Bn | 1.54 Bn | 42.46 Mn | 15.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1,520.00 |
| Mar 31, 2026 | 65.22 Mn |
| Dec 31, 2025 | 32.37 Mn |
| Sep 30, 2025 | 54.55 Mn |
| Jun 30, 2025 | 580.00 |
| Mar 31, 2025 | 49.52 Mn |
| Dec 31, 2024 | 49.90 Mn |
| Sep 30, 2024 | 42.02 Mn |
| Jun 30, 2024 | 65.04 Mn |
| Mar 31, 2024 | 62.59 Mn |
| Dec 31, 2023 | 60.34 Mn |
| Sep 30, 2023 | 58.25 Mn |
| Jun 30, 2023 | 59.98 Mn |
| Mar 31, 2023 | 60.79 Mn |
| Dec 31, 2022 | 60.18 Mn |
| Sep 30, 2022 | 57.53 Mn |
| Jun 30, 2022 | 55.33 Mn |
| Mar 31, 2022 | 59.40 Mn |
| Dec 31, 2021 | 59.57 Mn |
| Sep 30, 2021 | 50.45 Mn |