Formula Systems (1985) (FORTY) Gross Margin (2009 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Gross Margin of 19.78% for Q1 2026, up 37.0% year-on-year from 14.44% in Q1 2025, and little changed on a QoQ basis from 19.78% in Q4 2025.
Formula Systems (1985) (FORTY) Gross Margin (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Gross Margin for 18 consecutive years, with 19.78% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 37.0% year-over-year to 19.78% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.79% (up 1979.0% YoY) and the FY2025 annual result came in at 19.76%, down 33.0% from the prior year.
- Gross Margin was little changed at 19.78% in Q1 2026 per FORTY's latest filing, from 19.78% in the prior quarter.
- Over the last five years, Gross Margin for FORTY reached as high as 138.41% in Q4 2024 and fell as low as 0.0% in Q1 2024.
- A 5-year average of 27.63% and a median of 24.26% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 11323 bps — and 2025, when it slumped 11863 bps.
- Year by year, Gross Margin stood at 24.79% in 2022, then advanced by 2 bps to 25.18% in 2023, then surged by 450 bps to 138.41% in 2024, then plunged by 86 bps to 19.78% in 2025, then rose by 0 bps to 19.78% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 19.78%, 19.78%, and 24.95% for Q1 2026, Q4 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 32.77% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 33.61% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 31.48% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 33.63% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 32.79% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 28.54% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 32.09% |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 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 | 0.00% |
| 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 | 24.57% |
| 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% |