Formula Systems (1985) (FORTY) Non-Current Deferred Tax Liability (2009 - 2026)
Formula Systems (1985)'s Non-Current Deferred Tax Liability came in at $29.07 million for Q2 2026, down 26.5% from $39.57 million a year earlier but up 7.8% from the prior quarter.
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Analysis
Formula Systems (1985) (FORTY) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
At the end of FY2025, Formula Systems (1985)'s Non-Current Deferred Tax Liability was $26.92 million, down 20.5% from FY2024.
- Non-Current Deferred Tax Liability carries a five-year compound annual growth rate of -7.5% (FY2020 to FY2025).
- Going back by year, Non-Current Deferred Tax Liability was $33.85 million in FY2024 (-27.8%), $46.86 million in FY2023 (+11.5%), $42.03 million in FY2022 (-9.4%) and $46.36 million in FY2021 (+16.6%).
- The five-year range for quarterly Non-Current Deferred Tax Liability is $26.55 million (Q3 2025) to $51.92 million (Q1 2024).
- Year-over-year, Non-Current Deferred Tax Liability has declined for eight consecutive quarters, with an average decline of 23.7% over the last eight quarters.
- The fastest year-over-year change in Non-Current Deferred Tax Liability over five years came in Q1 2024 (growth of 20.9%), and the weakest in Q1 2025 (a decline of 31.4%).
- Business Quant data shows FORTY's Non-Current Deferred Tax Liability at $26.97 million (Q1 2026), $26.92 million (Q4 2025) and $26.55 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 52.99 Bn | 39.49 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 33.36 Bn | 26.52 Bn | 1.83 Bn |
| 3 | Wipro | 22.52 Bn | 17.67 Bn | 745.00 Mn |
| 4 | Cdw | 20.01 Bn | 18.00 Bn | 1.32 Bn |
| 5 | Td Synnex | 18.81 Bn | 12.97 Bn | 1.43 Bn |
| 6 | Cgi | 18.00 Bn | 15.79 Bn | - |
| 7 | Arrow Electronics | 10.45 Bn | 9.40 Bn | 1.13 Bn |
| 8 | EPAM Systems | 7.14 Bn | 2.77 Bn | 429.57 Mn |
| 9 | Avnet | 7.07 Bn | 6.25 Bn | 865.03 Mn |
| 10 | Formula Systems (1985) | 1.76 Bn | -1.14 Bn | 158.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.87 Mn |
| Mar 31, 2026 | 88.14 Mn |
| Dec 31, 2025 | 83.43 Mn |
| Sep 30, 2025 | 39.72 Mn |
| Jun 30, 2025 | 51.42 Mn |
| Mar 31, 2025 | 45.33 Mn |
| Dec 31, 2024 | 42.89 Mn |
| Sep 30, 2024 | 38.74 Mn |
| Jun 30, 2024 | 53.02 Mn |
| Mar 31, 2024 | 59.89 Mn |
| Dec 31, 2023 | 59.21 Mn |
| Sep 30, 2023 | 57.74 Mn |
| Jun 30, 2023 | 60.17 Mn |
| Mar 31, 2023 | 62.08 Mn |
| Dec 31, 2022 | 59.47 Mn |
| Sep 30, 2022 | 68.38 Mn |
| Jun 30, 2022 | 70.37 Mn |
| Mar 31, 2022 | 77.65 Mn |
| Dec 31, 2021 | 78.14 Mn |
| Sep 30, 2021 | 73.62 Mn |
API Access
Formula Systems (1985) Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();