Formula Systems (1985) (FORTY) Net Margin (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Net Margin came in at 2.97% in Q2 2026, up 48.0% on a YoY basis from 2.01% in Q2 2025, and down 38.39% quarter-over-quarter from 4.83% in Q1 2026.
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Formula Systems (1985) (FORTY) Net Margin (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Net Margin for 18 consecutive years, with 2.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 48.0% year-over-year to 2.97%; the trailing twelve-month figure through Jun 2026 stood at 21.57% (up 1824.0% YoY), and the FY2025 full-year result was 25.47%, up 1673.0% from the prior year.
- Net Margin retreated to 2.97% in Q2 2026 per FORTY's latest filing, from 4.83% in the prior quarter.
- Across five years, Net Margin topped out at 78.32% in Q4 2025 and bottomed at 2.33% in Q4 2022.
- Historically, Net Margin has averaged 7.21% across 5 years, with a median of 2.64% in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Margin slumped 258 bps in 2023, then surged 7472 bps in 2025.
- Over 5 years, Net Margin stood at 2.33% in 2022, then advanced by 5 bps to 2.45% in 2023, then surged by 46 bps to 3.59% in 2024, then surged by 2080 bps to 78.32% in 2025, then sank by 96 bps to 2.97% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.97%, 4.83%, and 78.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.60 Bn | 44.60 Bn | 1.60 Bn | 16.16% |
| 2 | Cognizant Technology Solutions | 27.27 Bn | 26.21 Bn | 1.83 Bn | 11.75% |
| 3 | Cgi | 15.47 Bn | 14.89 Bn | - | 11.09% |
| 4 | EPAM Systems | 5.91 Bn | 5.12 Bn | 429.57 Mn | 7.28% |
| 5 | Science Applications International | 5.44 Bn | 5.32 Bn | 239.00 Mn | 5.43% |
| 6 | ExlService Holdings | 5.32 Bn | 5.04 Bn | 225.96 Mn | 10.85% |
| 7 | Kyndryl Holdings | 2.80 Bn | 693.93 Mn | 776.00 Mn | -1.52% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 2.97% |
| 9 | Innodata | 1.80 Bn | 1.55 Bn | 42.46 Mn | 19.05% |
| 10 | DXC Technology | 1.79 Bn | -211.78 Mn | 611.00 Mn | 4.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.97% |
| Mar 31, 2026 | 4.83% |
| Dec 31, 2025 | 78.32% |
| Sep 30, 2025 | 2.49% |
| Jun 30, 2025 | 2.50% |
| Mar 31, 2025 | 3.12% |
| Dec 31, 2024 | 3.59% |
| Sep 30, 2024 | 4.19% |
| Jun 30, 2024 | 2.82% |
| Mar 31, 2024 | 2.46% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | 2.38% |
| Jun 30, 2023 | 2.60% |
| Mar 31, 2023 | 2.34% |
| Dec 31, 2022 | 2.33% |
| Sep 30, 2022 | 2.69% |
| Jun 30, 2022 | 5.17% |
| Mar 31, 2022 | 2.49% |
| Dec 31, 2021 | 2.36% |
| Sep 30, 2021 | 2.27% |