Formula Systems (1985) (FORTY) Minority Interest (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Minority Interest came in at $450.0 million in Q2 2026, down 39.16% on a YoY basis from $739.6 million in Q2 2025, and up 2.46% quarter-over-quarter from $439.1 million in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) Minority Interest (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Minority Interest for 18 consecutive years, with $450.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Minority Interest fell 39.16% year-over-year to $450.0 million; the trailing twelve-month figure through Jun 2026 stood at $450.0 million (down 39.16% YoY), and the FY2025 full-year result was $424.5 million, down 40.21% from the prior year.
- Minority Interest improved to $450.0 million in Q2 2026 per FORTY's latest filing, from $439.1 million in the prior quarter.
- Across five years, Minority Interest topped out at $799.7 million in Q3 2025 and bottomed at $424.5 million in Q4 2025.
- Historically, Minority Interest has averaged $633.5 million across 5 years, with a median of $647.4 million in 2023.
- The widest YoY moves for Minority Interest: up 14.01% in 2025, down 40.21% in 2025.
- Over 5 years, Minority Interest stood at $625.0 million in 2022, then advanced by 9.18% to $682.4 million in 2023, then climbed by 4.04% to $710.0 million in 2024, then sank by 40.21% to $424.5 million in 2025, then advanced by 5.99% to $450.0 million in 2026.
- According to Business Quant data, Minority Interest over the past three periods registered $450.0 million, $439.1 million, and $424.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 449.96 Mn |
| Mar 31, 2026 | 439.15 Mn |
| Dec 31, 2025 | 424.54 Mn |
| Sep 30, 2025 | 799.68 Mn |
| Jun 30, 2025 | 739.61 Mn |
| Mar 31, 2025 | 696.24 Mn |
| Dec 31, 2024 | 710.01 Mn |
| Sep 30, 2024 | 701.40 Mn |
| Jun 30, 2024 | 682.88 Mn |
| Mar 31, 2024 | 674.65 Mn |
| Dec 31, 2023 | 682.42 Mn |
| Sep 30, 2023 | 643.25 Mn |
| Jun 30, 2023 | 651.56 Mn |
| Mar 31, 2023 | 625.76 Mn |
| Dec 31, 2022 | 625.05 Mn |
| Sep 30, 2022 | 596.52 Mn |
| Jun 30, 2022 | 620.75 Mn |
| Mar 31, 2022 | 639.90 Mn |
| Dec 31, 2021 | 638.83 Mn |
| Sep 30, 2021 | 617.25 Mn |