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| 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 | 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 |