Formula Systems (1985) (FORTY) Intangibles (2009 - 2025)

Formula Systems (1985) (FORTY) posted quarterly Intangibles of $147.6 million for Q4 2025, down 32.0% year-on-year from $217.1 million in Q4 2024, and down 32.0% on a QoQ basis from $217.1 million in Q4 2024.

Formula Systems (1985) (FORTY) Intangibles (2009 - 2025) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Intangibles for 17 consecutive years, with $147.6 million the latest figure, recorded in Q4 2025.

  • Quarterly Intangibles fell 32.0% year-over-year to $147.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $147.6 million (down 32.0% YoY) and the FY2025 annual result came in at $147.6 million, down 32.0% from the prior year.
  • Intangibles fell to $147.6 million in Q4 2025 per FORTY's latest filing, from $217.1 million in the prior quarter.
  • Over the last five years, Intangibles for FORTY reached as high as $734.6 million in Q4 2023 and fell as low as $147.6 million in Q4 2025.
  • A 5-year average of $409.4 million and a median of $241.9 million in 2021 frame the typical range for Intangibles.
  • Annual changes were most pronounced in 2022 — Intangibles surged 191.66% — and 2024, when it slumped 70.45%.
  • Year by year, Intangibles stood at $241.9 million in 2021, then soared by 191.66% to $705.6 million in 2022, then climbed by 4.1% to $734.6 million in 2023, then sank by 70.45% to $217.1 million in 2024, then plunged by 32.0% to $147.6 million in 2025.
  • According to Business Quant data, Intangibles over the past three periods registered $147.6 million, $217.1 million, and $734.6 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 13.96 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 2.50 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 616.41 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 5.22 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 1.49 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 548.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.16 Bn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 147.62 Mn
Dec 31, 2024 217.08 Mn
Dec 31, 2023 734.56 Mn
Dec 31, 2022 705.62 Mn
Dec 31, 2021 241.94 Mn
Dec 31, 2020 222.26 Mn
Dec 31, 2019 165.28 Mn
Dec 31, 2018 150.31 Mn
Sep 30, 2018 158.36 Mn
Dec 31, 2017 163.98 Mn
Dec 31, 2016 128.45 Mn
Dec 31, 2015 104.66 Mn
Dec 31, 2014 76.87 Mn
Dec 31, 2013 39.64 Mn
Dec 31, 2012 75.26 Mn
Dec 31, 2011 20.71 Mn
Dec 31, 2010 24.41 Mn
Dec 31, 2009 27.53 Mn