Formula Systems (1985) (FORTY) Operating Expenses (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Operating Expenses came in at $80.8 billion in Q1 2026, up 14.3% YoY from $70.7 billion in Q1 2025, and up 74907.43% on a QoQ basis from $107.7 million in Q4 2025.
Formula Systems (1985) (FORTY) Operating Expenses (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has 18 years of Operating Expenses data on file, last reported at $80.8 billion in Q1 2026.
- Quarterly Operating Expenses rose 14.3% year-over-year to $80.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $81.0 billion (down 54.97% YoY) and the FY2025 annual result came in at $332.0 million, up 23.98% from the prior year.
- Operating Expenses advanced to $80.8 billion in Q1 2026, from $107.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $109.1 billion in Q3 2024 to a low of $71.4 million in Q4 2024.
- A 5-year average of $47.8 billion and a median of $35.4 billion in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 107096.02% — and 2024, when it slumped 99.93%.
- Tracing FORTY's Operating Expenses over 5 years: stood at $102.7 billion in 2022, then declined by 1.78% to $100.9 billion in 2023, then tumbled by 99.93% to $71.4 million in 2024, then jumped by 50.93% to $107.7 million in 2025, then surged by 74907.43% to $80.8 billion in 2026.
- The last three Operating Expenses figures came in at $80.8 billion (Q1 2026), $107.7 million (Q4 2025), and $117.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn | 80.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.82 Bn |
| Dec 31, 2025 | 107.74 Mn |
| Jun 30, 2025 | 117.61 Mn |
| Mar 31, 2025 | 70.71 Bn |
| Dec 31, 2024 | 71.39 Mn |
| Sep 30, 2024 | 109.08 Bn |
| Jun 30, 2024 | 101.41 Mn |
| Mar 31, 2024 | 101.63 Mn |
| Dec 31, 2023 | 100.88 Bn |
| Sep 30, 2023 | 101.37 Bn |
| Jun 30, 2023 | 100.95 Bn |
| Mar 31, 2023 | 101.14 Mn |
| Dec 31, 2022 | 102.70 Bn |
| Sep 30, 2022 | 96.71 Bn |
| Jun 30, 2022 | 94.18 Mn |
| Mar 31, 2022 | 96.44 Mn |
| Dec 31, 2021 | 96.15 Mn |
| Sep 30, 2021 | 91.19 Mn |
| Jun 30, 2021 | 90.41 Mn |
| Mar 31, 2021 | 78.10 Mn |