Formula Systems (1985) (FORTY) Liabilities and Shareholders Equity (2010 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Liabilities and Shareholders Equity came in at $3.5 billion in Q2 2026, up 9.68% on a YoY basis from $3.2 billion in Q2 2025, and down 3.63% quarter-over-quarter from $3.6 billion in Q1 2026.
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Analysis
Formula Systems (1985) (FORTY) Liabilities and Shareholders Equity (2010 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Liabilities and Shareholders Equity for 17 consecutive years, with $3.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Liabilities and Shareholders Equity rose 9.68% year-over-year to $3.5 billion; the trailing twelve-month figure through Jun 2026 stood at $14.1 billion (up 16.08% YoY), and the FY2025 full-year result was $3.6 billion, up 18.85% from the prior year.
- Liabilities and Shareholders Equity declined to $3.5 billion in Q2 2026 per FORTY's latest filing, from $3.6 billion in the prior quarter.
- Across five years, Liabilities and Shareholders Equity topped out at $3.6 billion in Q1 2026 and bottomed at $2.6 billion in Q2 2022.
- Historically, Liabilities and Shareholders Equity has averaged $3.0 billion across 5 years, with a median of $2.8 billion in 2022.
- The sharpest annual moves came in 2023 and 2026: Liabilities and Shareholders Equity declined 2.02% in 2023, then rose 19.46% in 2026.
- Over 5 years, Liabilities and Shareholders Equity stood at $2.8 billion in 2022, then increased by 0.67% to $2.8 billion in 2023, then gained by 7.19% to $3.0 billion in 2024, then rose by 18.85% to $3.6 billion in 2025, then decreased by 2.16% to $3.5 billion in 2026.
- According to Business Quant data, Liabilities and Shareholders Equity over the past three periods registered $3.5 billion, $3.6 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn | 16.36 Bn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn | 20.83 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - | 3.74 Bn |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn | 4.57 Bn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn | 5.42 Bn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn | 1.75 Bn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn | 12.03 Bn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn | 356.67 Mn |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn | 3.51 Bn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn | 12.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51 Bn |
| Mar 31, 2026 | 3.64 Bn |
| Dec 31, 2025 | 3.58 Bn |
| Sep 30, 2025 | 3.33 Bn |
| Jun 30, 2025 | 3.20 Bn |
| Mar 31, 2025 | 3.05 Bn |
| Dec 31, 2024 | 3.01 Bn |
| Sep 30, 2024 | 2.85 Bn |
| Jun 30, 2024 | 2.70 Bn |
| Mar 31, 2024 | 2.81 Bn |
| Dec 31, 2023 | 2.81 Bn |
| Sep 30, 2023 | 2.66 Bn |
| Jun 30, 2023 | 2.73 Bn |
| Mar 31, 2023 | 2.77 Bn |
| Dec 31, 2022 | 2.79 Bn |
| Sep 30, 2022 | 2.69 Bn |
| Jun 30, 2022 | 2.61 Bn |
| Mar 31, 2022 | 2.83 Bn |
| Dec 31, 2021 | 2.75 Bn |
| Sep 30, 2021 | 2.62 Bn |
API Access
Formula Systems (1985) Liabilities and Shareholders Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-and-shareholders-equity&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();