Formula Systems (1985) (FORTY) Non-Current Debt (2010 - 2026)

Formula Systems (1985) (FORTY) posted quarterly Non-Current Debt of $240.6 million for Q1 2026, up 59.87% year-on-year from $150.5 million in Q1 2025, and up 35.23% on a QoQ basis from $177.9 million in Q4 2025.

Formula Systems (1985) (FORTY) Non-Current Debt (2010 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Non-Current Debt for 17 consecutive years, with $240.6 million the latest figure, recorded in Q1 2026.

  • Quarterly Non-Current Debt rose 59.87% year-over-year to $240.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $240.6 million (up 59.87% YoY) and the FY2025 annual result came in at $177.9 million, up 183.58% from the prior year.
  • Non-Current Debt advanced to $240.6 million in Q1 2026 per FORTY's latest filing, from $177.9 million in the prior quarter.
  • Over the last five years, Non-Current Debt for FORTY reached as high as $256.5 million in Q1 2022 and fell as low as $62.7 million in Q4 2024.
  • A 5-year average of $138.7 million and a median of $118.5 million in 2023 frame the typical range for Non-Current Debt.
  • Annual changes were most pronounced in 2023 — Non-Current Debt sank 56.67% — and 2025, when it surged 183.58%.
  • Year by year, Non-Current Debt stood at $115.9 million in 2022, then decreased by 21.56% to $90.9 million in 2023, then slumped by 30.98% to $62.7 million in 2024, then jumped by 183.58% to $177.9 million in 2025, then soared by 35.23% to $240.6 million in 2026.
  • According to Business Quant data, Non-Current Debt over the past three periods registered $240.6 million, $177.9 million, and $173.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 56.21 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 5.03 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 - 2.04 Bn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 16.89 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 535.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 3.23 Bn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn 240.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 240.57 Mn
Dec 31, 2025 177.90 Mn
Sep 30, 2025 173.94 Mn
Jun 30, 2025 158.39 Mn
Mar 31, 2025 150.47 Mn
Dec 31, 2024 62.73 Mn
Sep 30, 2024 66.04 Mn
Jun 30, 2024 63.56 Mn
Mar 31, 2024 70.85 Mn
Dec 31, 2023 90.89 Mn
Sep 30, 2023 103.17 Mn
Jun 30, 2023 118.54 Mn
Mar 31, 2023 111.13 Mn
Dec 31, 2022 115.87 Mn
Sep 30, 2022 174.31 Mn
Jun 30, 2022 223.39 Mn
Mar 31, 2022 256.46 Mn
Dec 31, 2021 157.23 Mn
Sep 30, 2021 204.01 Mn
Jun 30, 2021 159.52 Mn