Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Enterprise Value came in at -$743.4 million in Q1 2026, down 538.73% YoY from $169.4 million in Q1 2025, and up 13.15% on a QoQ basis from -$856.0 million in Q4 2025.
Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has 18 years of Enterprise Value data on file, last reported at -$743.4 million in Q1 2026.
- Quarterly Enterprise Value fell 538.73% year-over-year to -$743.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$743.4 million (down 538.73% YoY) and the FY2025 annual result came in at -$856.0 million, down 683.05% from the prior year.
- Enterprise Value advanced to -$743.4 million in Q1 2026, from -$856.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $797.9 million in Q3 2025 to a low of -$856.0 million in Q4 2025.
- A 5-year average of $109.0 million and a median of $169.4 million in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2023 — Enterprise Value jumped 681.49% — and 2025, when it sank 683.05%.
- Tracing FORTY's Enterprise Value over 5 years: stood at $56.7 million in 2022, then jumped by 171.91% to $154.3 million in 2023, then decreased by 4.83% to $146.8 million in 2024, then slumped by 683.05% to -$856.0 million in 2025, then grew by 13.15% to -$743.4 million in 2026.
- The last three Enterprise Value figures came in at -$743.4 million (Q1 2026), -$856.0 million (Q4 2025), and $797.9 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | -11.27 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | -9.05 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | -460.71 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | -1.05 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | -741.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | -402.90 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -1.05 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | -696.00 Mn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn | -1.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -743.39 Mn |
| Dec 31, 2025 | -855.95 Mn |
| Sep 30, 2025 | 797.92 Mn |
| Jun 30, 2025 | 333.45 Mn |
| Mar 31, 2025 | 169.44 Mn |
| Dec 31, 2024 | 146.81 Mn |
| Sep 30, 2024 | 190.55 Mn |
| Jun 30, 2024 | 210.00 Mn |
| Mar 31, 2024 | 158.51 Mn |
| Dec 31, 2023 | 154.25 Mn |
| Sep 30, 2023 | 174.14 Mn |
| Jun 30, 2023 | 174.09 Mn |
| Mar 31, 2023 | 555.83 Mn |
| Dec 31, 2022 | 56.73 Mn |
| Sep 30, 2022 | 89.13 Mn |
| Jun 30, 2022 | 170.33 Mn |
| Mar 31, 2022 | 71.12 Mn |
| Dec 31, 2021 | -510.79 Mn |
| Sep 30, 2021 | 123.36 Mn |
| Jun 30, 2021 | 142.98 Mn |