Formula Systems (1985) (FORTY) Goodwill (2010 - 2025)

Formula Systems (1985) (FORTY) reported Goodwill of $646.2 million for Q4 2025, down 33.72% on a YoY basis from $975.1 million in Q4 2024, and down 33.72% quarter-over-quarter from $975.1 million in Q4 2024.

Formula Systems (1985) (FORTY) Goodwill (2010 - 2025) Analysis & Trends

Formula Systems (1985) has reported Goodwill for 16 years, with the latest figure at $646.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Goodwill fell 33.72% year-over-year to $646.2 million; the trailing twelve-month figure through Dec 2025 stood at $646.2 million (down 33.72% YoY), and the FY2025 full-year result was $646.2 million, down 33.72% from the prior year.
  • Goodwill for Q4 2025 stood at $646.2 million, down from $975.1 million in the prior quarter.
  • The five-year high for Goodwill was $975.1 million in Q4 2024, with the low at $646.2 million in Q4 2025.
  • Historically, Goodwill has averaged $883.4 million across 5 years, with a median of $932.9 million in 2021.
  • Annual changes were most pronounced in 2021 — Goodwill gained 6.93% — and 2025, when it plunged 33.72%.
  • Formula Systems (1985)'s Goodwill stood at $932.9 million in 2021, then retreated by 0.72% to $926.2 million in 2022, then increased by 1.13% to $936.6 million in 2023, then increased by 4.11% to $975.1 million in 2024, then sank by 33.72% to $646.2 million in 2025.
  • The last three Goodwill figures came in at $646.2 million (Q4 2025), $975.1 million (Q4 2024), and $936.6 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 646.24 Mn
Dec 31, 2024 975.08 Mn
Dec 31, 2023 936.58 Mn
Dec 31, 2022 926.16 Mn
Dec 31, 2021 932.85 Mn
Dec 31, 2020 872.42 Mn
Dec 31, 2019 724.19 Mn
Dec 31, 2018 640.92 Mn
Sep 30, 2018 637.48 Mn
Mar 31, 2018 2.83 Mn
Dec 31, 2017 617.27 Mn
Dec 31, 2016 640.18 Mn
Dec 31, 2015 162.17 Mn
Jun 30, 2015 4.80 Mn
Dec 31, 2014 373.23 Mn
Dec 31, 2013 227.43 Mn
Dec 31, 2012 326.86 Mn
Dec 31, 2011 8.70 Mn
Dec 31, 2010 166.50 Mn