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| Date | Value |
|---|---|
| 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% |