Formula Systems (1985) (FORTY) Operating Expenses (2009 - 2026)
Formula Systems (1985) (FORTY) reported Operating Expenses of $80.8 billion for Q1 2026, up 14.3% on a YoY basis from $70.7 billion in Q1 2025, and up 74907.43% quarter-over-quarter from $107.7 million in Q4 2025.
Formula Systems (1985) (FORTY) Operating Expenses (2009 - 2026) Analysis & Trends
Formula Systems (1985) has reported Operating Expenses for 18 years, with the latest figure at $80.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 14.3% year-over-year to $80.8 billion; the trailing twelve-month figure through Mar 2026 stood at $81.0 billion (down 54.97% YoY), and the FY2025 full-year result was $332.0 million, up 23.98% from the prior year.
- Operating Expenses for Q1 2026 stood at $80.8 billion, up from $107.7 million in the prior quarter.
- The five-year high for Operating Expenses was $109.1 billion in Q3 2024, with the low at $71.4 million in Q4 2024.
- Historically, Operating Expenses has averaged $47.8 billion across 5 years, with a median of $35.4 billion in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 107096.02% — and 2024, when it slumped 99.93%.
- Formula Systems (1985)'s Operating Expenses 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 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 500.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 7.26 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -158.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 15.55 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 791.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.59 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 814.00 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 223.00 Mn |
| 10 | Formula Systems (1985) | 293,580.00 | -1.18 Bn | 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 |