Formula Systems (1985) (FORTY) Non-Current Deferred Tax Liability (2009 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Non-Current Deferred Tax Liability of $48.4 million for Q1 2026, down 0.58% on a QoQ basis from $48.7 million in Q4 2025.
Formula Systems (1985) (FORTY) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Non-Current Deferred Tax Liability for 18 consecutive years, with $48.4 million the latest figure, recorded in Q1 2026.
- Quarterly Non-Current Deferred Tax Liability changed N/A year-over-year to $48.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.4 million (changed N/A YoY) and the FY2025 annual result came in at $48.7 million, up 13.45% from the prior year.
- Non-Current Deferred Tax Liability eased to $48.4 million in Q1 2026 per FORTY's latest filing, from $48.7 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for FORTY reached as high as $59.5 million in Q4 2022 and fell as low as $42.9 million in Q4 2024.
- A 5-year average of $51.7 million and a median of $48.7 million in 2025 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability declined 27.55% — and 2025, when it climbed 13.45%.
- Year by year, Non-Current Deferred Tax Liability stood at $59.5 million in 2022, then slipped by 0.44% to $59.2 million in 2023, then slipped by 27.55% to $42.9 million in 2024, then increased by 13.45% to $48.7 million in 2025, then retreated by 0.58% to $48.4 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $48.4 million, $48.7 million, and $42.9 million for Q1 2026, Q4 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.39 Mn |
| Mar 31, 2026 | 48.39 Mn |
| Dec 31, 2025 | 48.67 Mn |
| Dec 31, 2025 | 48.67 Mn |
| Dec 31, 2024 | 42.89 Mn |
| Dec 31, 2024 | 42.89 Mn |
| Dec 31, 2023 | 59.21 Mn |
| Dec 31, 2023 | 59.21 Mn |
| Dec 31, 2022 | 59.47 Mn |
| Dec 31, 2022 | 59.47 Mn |
| Dec 31, 2021 | 78.14 Mn |
| Dec 31, 2021 | 78.14 Mn |
| Dec 31, 2020 | 68.37 Mn |
| Dec 31, 2020 | 68.37 Mn |
| Dec 31, 2019 | 53.85 Mn |
| Dec 31, 2019 | 53.85 Mn |
| Dec 31, 2018 | 34.82 Mn |
| Dec 31, 2018 | 34.82 Mn |
| Sep 30, 2018 | 35.76 Mn |
| Sep 30, 2018 | 35.76 Mn |