Formula Systems (1985) (FORTY) Long-Term Deferred Tax (2009 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Long-Term Deferred Tax of $88.1 million for Q1 2026, up 94.43% year-on-year from $45.3 million in Q1 2025, and up 5.65% on a QoQ basis from $83.4 million in Q4 2025.
Formula Systems (1985) (FORTY) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Long-Term Deferred Tax for 18 consecutive years, with $88.1 million the latest figure, recorded in Q1 2026.
- Quarterly Long-Term Deferred Tax rose 94.43% year-over-year to $88.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.1 million (up 94.43% YoY) and the FY2025 annual result came in at $83.4 million, up 146.46% from the prior year.
- Long-Term Deferred Tax improved to $88.1 million in Q1 2026 per FORTY's latest filing, from $83.4 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for FORTY reached as high as $88.1 million in Q1 2026 and fell as low as $33.8 million in Q4 2024.
- A 5-year average of $57.6 million and a median of $57.7 million in 2023 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2024 — Long-Term Deferred Tax sank 32.91% — and 2025, when it soared 146.46%.
- Year by year, Long-Term Deferred Tax stood at $42.0 million in 2022, then gained by 11.49% to $46.9 million in 2023, then declined by 27.76% to $33.8 million in 2024, then surged by 146.46% to $83.4 million in 2025, then grew by 5.65% to $88.1 million in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $88.1 million, $83.4 million, and $39.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 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 | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.14 Mn |
| Dec 31, 2025 | 83.43 Mn |
| Sep 30, 2025 | 39.72 Mn |
| Jun 30, 2025 | 51.42 Mn |
| Mar 31, 2025 | 45.33 Mn |
| Dec 31, 2024 | 33.85 Mn |
| Sep 30, 2024 | 38.74 Mn |
| Jun 30, 2024 | 53.02 Mn |
| Mar 31, 2024 | 59.89 Mn |
| Dec 31, 2023 | 46.86 Mn |
| Sep 30, 2023 | 57.74 Mn |
| Jun 30, 2023 | 60.17 Mn |
| Mar 31, 2023 | 62.08 Mn |
| Dec 31, 2022 | 42.03 Mn |
| Sep 30, 2022 | 68.38 Mn |
| Jun 30, 2022 | 70.37 Mn |
| Mar 31, 2022 | 77.65 Mn |
| Dec 31, 2021 | 46.36 Mn |
| Sep 30, 2021 | 73.62 Mn |
| Jun 30, 2021 | 69.86 Mn |