Formula Systems (1985) (FORTY) Gross Margin (2009 - 2026)

Formula Systems (1985) (FORTY) reported Gross Margin of 19.78% for Q1 2026, up 37.0% on a YoY basis from 14.44% in Q1 2025, and little changed quarter-over-quarter from 19.78% in Q4 2025.

Formula Systems (1985) (FORTY) Gross Margin (2009 - 2026) Analysis & Trends

Formula Systems (1985) has reported Gross Margin for 18 years, with the latest figure at 19.78% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 37.0% year-over-year to 19.78%; the trailing twelve-month figure through Mar 2026 stood at 19.79% (up 1979.0% YoY), and the FY2025 full-year result was 19.76%, down 33.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 19.78%, roughly flat from 19.78% in the prior quarter.
  • The five-year high for Gross Margin was 138.41% in Q4 2024, with the low at 0.0% in Q3 2022.
  • Historically, Gross Margin has averaged 27.56% across 5 years, with a median of 24.05% in 2022.
  • Annual changes were most pronounced in 2024 — Gross Margin jumped 11323 bps — and 2025, when it tumbled 11863 bps.
  • Formula Systems (1985)'s Gross Margin stood at 24.79% in 2022, then increased by 2 bps to 25.18% in 2023, then surged by 450 bps to 138.41% in 2024, then tumbled by 86 bps to 19.78% in 2025, then climbed by 0 bps to 19.78% in 2026.
  • The last three Gross Margin figures came in at 19.78% (Q1 2026), 19.78% (Q4 2025), and 24.95% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 30.85%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 56.23%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 29.07%
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 90.31%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 32.79%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 33.63%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 32.09%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 20.95%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 17.30%
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn 19.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.78%
Dec 31, 2025 19.78%
Jun 30, 2025 24.95%
Mar 31, 2025 19.41%
Dec 31, 2024 138.41%
Sep 30, 2024 24.70%
Jun 30, 2024 0.00%
Mar 31, 2024 23.51%
Dec 31, 2023 25.18%
Sep 30, 2023 24.37%
Jun 30, 2023 24.56%
Mar 31, 2023 24.15%
Dec 31, 2022 24.79%
Sep 30, 2022 0.00%
Jun 30, 2022 23.47%
Mar 31, 2022 23.95%
Dec 31, 2021 23.68%
Sep 30, 2021 24.16%
Jun 30, 2021 23.97%
Mar 31, 2021 21.93%