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