Formula Systems (1985) (FORTY) Non-Current Assets (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Non-Current Assets came in at $1.5 billion in Q2 2026, down 12.09% on a YoY basis from $1.7 billion in Q2 2025, and up 5.09% quarter-over-quarter from $1.5 billion in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) Non-Current Assets (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Non-Current Assets for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Assets fell 12.09% year-over-year to $1.5 billion; the trailing twelve-month figure through Jun 2026 stood at $5.7 billion (down 9.89% YoY), and the FY2025 full-year result was $1.4 billion, down 7.23% from the prior year.
- Non-Current Assets rose to $1.5 billion in Q2 2026 per FORTY's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Non-Current Assets topped out at $1.7 billion in Q2 2025 and bottomed at $74.6 million in Q1 2022.
- Historically, Non-Current Assets has averaged $1.3 billion across 5 years, with a median of $1.4 billion in 2024.
- The widest YoY moves for Non-Current Assets: up 1942.93% in 2022, down 53.62% in 2022.
- Over 5 years, Non-Current Assets stood at $670.9 million in 2022, then jumped by 114.15% to $1.4 billion in 2023, then climbed by 6.34% to $1.5 billion in 2024, then slipped by 7.23% to $1.4 billion in 2025, then gained by 8.52% to $1.5 billion in 2026.
- According to Business Quant data, Non-Current Assets over the past three periods registered $1.5 billion, $1.5 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 5.95 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 13.27 Bn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 127.53 Mn |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | 2.36 Bn |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 4.14 Bn |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 872.61 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | 6.96 Bn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 1.54 Bn |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | 7.41 Bn |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | 35.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.54 Bn |
| Mar 31, 2026 | 1.46 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 1.27 Bn |
| Jun 30, 2025 | 1.75 Bn |
| Mar 31, 2025 | 1.56 Bn |
| Dec 31, 2024 | 1.53 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.40 Bn |
| Mar 31, 2024 | 1.43 Bn |
| Dec 31, 2023 | 1.44 Bn |
| Sep 30, 2023 | 1.38 Bn |
| Jun 30, 2023 | 1.44 Bn |
| Mar 31, 2023 | 665.24 Mn |
| Dec 31, 2022 | 670.91 Mn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.39 Bn |
| Mar 31, 2022 | 74.58 Mn |
| Dec 31, 2021 | 1.45 Bn |
| Sep 30, 2021 | 68.85 Mn |