Formula Systems (1985) (FORTY) Goodwill (2009 - 2025)
Formula Systems (1985)'s (FORTY) quarterly Goodwill came in at $646.2 million in Q4 2025, down 33.72% YoY from $975.1 million in Q4 2024, and down 33.72% on a QoQ basis from $975.1 million in Q4 2024.
Formula Systems (1985) (FORTY) Goodwill (2009 - 2025) Analysis & Trends
Formula Systems (1985) (FORTY) has 17 years of Goodwill data on file, last reported at $646.2 million in Q4 2025.
- Quarterly Goodwill fell 33.72% year-over-year to $646.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $646.2 million (down 33.72% YoY) and the FY2025 annual result came in at $646.2 million, down 33.72% from the prior year.
- Goodwill fell to $646.2 million in Q4 2025, from $975.1 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $975.1 million in Q4 2024 to a low of $646.2 million in Q4 2025.
- A 5-year average of $883.4 million and a median of $932.9 million in 2021 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2021 — Goodwill gained 6.93% — and 2025, when it plunged 33.72%.
- Tracing FORTY's Goodwill over 5 years: 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 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 441.02 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 |
| Dec 31, 2009 | 147.41 Mn |