Formula Systems (1985) (FORTY) Non-Current Debt (2010 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Non-Current Debt came in at $240.6 million in Q1 2026, up 59.87% YoY 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 17 years of Non-Current Debt data on file, last reported at $240.6 million 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 improved to $240.6 million in Q1 2026, from $177.9 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $256.5 million in Q1 2022 to a low of $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 slumped 56.67% — and 2025, when it jumped 183.58%.
- Tracing FORTY's Non-Current Debt over 5 years: stood at $115.9 million in 2022, then declined by 21.56% to $90.9 million in 2023, then sank 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.
- The last three Non-Current Debt figures came in at $240.6 million (Q1 2026), $177.9 million (Q4 2025), and $173.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 56.21 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 5.03 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 2.04 Bn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 1.53 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 16.95 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 3.25 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 6.01 Bn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn | 240.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |