Formula Systems (1985) (FORTY) Net Income (2009 - 2026)
Formula Systems (1985) (FORTY) posted Net Income of $51.57 million for Q2 2026, up 18.7% from $43.45 million a year earlier but down 17.8% from the prior quarter.
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Analysis
Formula Systems (1985) (FORTY) Net Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Formula Systems (1985) was $693.56 million, up 275.1% year-over-year; for FY2025, it came in at $669.06 million, up 245.3% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 42.5% (FY2020 to FY2025).
- In prior years, Formula Systems (1985)'s Net Income was $193.79 million in FY2024 (+16.9%), $165.73 million in FY2023 (-17.0%), $199.67 million in FY2022 (+40.7%) and $141.9 million in FY2021 (+24.5%).
- Quarterly Net Income has run from a low of $35.05 million in Q3 2021 to a high of $531.28 million in Q4 2025 over five years.
- On a year-over-year basis, Net Income increased in four of the last seven quarters, with growth averaging 10.3%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2022, with growth of 120.4%; the weakest was Q2 2023, with a decline of 42.2%.
- According to Business Quant data, Net Income for the three prior quarters was $62.76 million (Q1 2026), $531.28 million (Q4 2025) and $47.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 54.39 Bn | 40.89 Bn | 1.60 Bn | 820.00 Mn |
| 2 | Cognizant Technology Solutions | 34.33 Bn | 27.49 Bn | 1.83 Bn | 636.00 Mn |
| 3 | Wipro | 22.89 Bn | 18.03 Bn | 745.00 Mn | 334.76 Mn |
| 4 | Cdw | 21.00 Bn | 18.98 Bn | 1.32 Bn | 274.40 Mn |
| 5 | Td Synnex | 19.58 Bn | 13.74 Bn | 1.43 Bn | 416.24 Mn |
| 6 | Cgi | 18.28 Bn | 16.07 Bn | - | 336.31 Mn |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn | 272.84 Mn |
| 8 | Avnet | 7.27 Bn | 6.45 Bn | 865.03 Mn | 126.58 Mn |
| 9 | EPAM Systems | 7.20 Bn | 2.84 Bn | 429.57 Mn | 102.98 Mn |
| 10 | Formula Systems (1985) | 1.85 Bn | -1.05 Bn | 158.43 Mn | 51.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.57 Mn |
| Mar 31, 2026 | 62.76 Mn |
| Dec 31, 2025 | 535.63 Mn |
| Sep 30, 2025 | 47.96 Mn |
| Jun 30, 2025 | 43.45 Mn |
| Mar 31, 2025 | 50.38 Mn |
| Dec 31, 2024 | 51.05 Mn |
| Sep 30, 2024 | 51.68 Mn |
| Jun 30, 2024 | 47.43 Mn |
| Mar 31, 2024 | 43.63 Mn |
| Dec 31, 2023 | 40.58 Mn |
| Sep 30, 2023 | 39.73 Mn |
| Jun 30, 2023 | 43.17 Mn |
| Mar 31, 2023 | 42.26 Mn |
| Dec 31, 2022 | 39.99 Mn |
| Sep 30, 2022 | 41.46 Mn |
| Jun 30, 2022 | 74.78 Mn |
| Mar 31, 2022 | 43.45 Mn |
| Dec 31, 2021 | 39.74 Mn |
| Sep 30, 2021 | 34.75 Mn |
API Access
Formula Systems (1985) Net Income 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=net-income&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();