Formula Systems (1985) (FORTY) EBT (2009 - 2026)
Formula Systems (1985)'s EBT came in at $66.02 million for Q2 2026, up 66.7% from $39.6 million a year earlier but down 15.2% from the prior quarter.
Formula Systems (1985) (FORTY) EBT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Formula Systems (1985) reported EBT of $207.61 million, up 24.9% year-over-year; for FY2025, it was $146.39 million, down 7.9% from FY2024.
- EBT carries a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Going back by year, EBT was $158.87 million in FY2024 (+19.2%), $133.25 million in FY2023 (-48.1%), $256.71 million in FY2022 (+39.5%) and $184.01 million in FY2021 (+28.0%).
- The five-year range for quarterly EBT is $18.06 million (Q4 2025) to $95.82 million (Q2 2022).
- Year-over-year, EBT increased in three of the last eight quarters, with growth averaging 0.1%.
- The fastest year-over-year change in EBT over five years came in Q2 2022 (growth of 114.9%), and the weakest in Q4 2025 (a decline of 55.7%).
- Business Quant data shows FORTY's EBT at $77.84 million (Q1 2026), $18.06 million (Q4 2025) and $45.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.23 Bn | 38.73 Bn | 1.60 Bn | 1.16 Bn |
| 2 | Cognizant Technology Solutions | 32.18 Bn | 25.34 Bn | 1.83 Bn | 875.00 Mn |
| 3 | Wipro | 22.31 Bn | 17.46 Bn | 745.00 Mn | 439.00 Mn |
| 4 | Td Synnex | 19.93 Bn | 14.09 Bn | 1.43 Bn | 555.25 Mn |
| 5 | Cdw | 19.79 Bn | 17.78 Bn | 1.32 Bn | 372.90 Mn |
| 6 | Cgi | 17.61 Bn | 15.40 Bn | - | 458.28 Mn |
| 7 | Arrow Electronics | 11.19 Bn | 10.14 Bn | 1.13 Bn | 353.15 Mn |
| 8 | Avnet | 7.58 Bn | 6.76 Bn | 865.03 Mn | 160.16 Mn |
| 9 | EPAM Systems | 6.91 Bn | 2.55 Bn | 429.57 Mn | 140.55 Mn |
| 10 | Formula Systems (1985) | 1.83 Bn | -1.52 Bn | 158.43 Mn | 66.02 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.02 Mn |
| Mar 31, 2026 | 77.84 Mn |
| Dec 31, 2025 | 18.06 Mn |
| Sep 30, 2025 | 45.70 Mn |
| Jun 30, 2025 | 39.60 Mn |
| Mar 31, 2025 | 43.03 Mn |
| Dec 31, 2024 | 40.72 Mn |
| Sep 30, 2024 | 42.90 Mn |
| Jun 30, 2024 | 61.21 Mn |
| Mar 31, 2024 | 56.98 Mn |
| Dec 31, 2023 | 51.13 Mn |
| Sep 30, 2023 | 51.82 Mn |
| Jun 30, 2023 | 54.37 Mn |
| Mar 31, 2023 | 53.71 Mn |
| Dec 31, 2022 | 53.28 Mn |
| Sep 30, 2022 | 52.90 Mn |
| Jun 30, 2022 | 95.82 Mn |
| Mar 31, 2022 | 54.72 Mn |
| Dec 31, 2021 | 52.19 Mn |
| Sep 30, 2021 | 44.87 Mn |
Formula Systems (1985) EBT 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=ebt&ticker=FORTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();