Formula Systems (1985) FORTY
NASDAQ FORTY
$116.21 +6.33 (+5.76%)
At close: Aug 18, 2026 · 4:00 PM EDT

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
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 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