Formula Systems (1985) (FORTY) Operating Expenses (2009 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Operating Expenses of $80.8 billion for Q1 2026, up 14.3% year-on-year 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 reported Operating Expenses for 18 consecutive years, with $80.8 billion the latest figure, recorded 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 rose to $80.8 billion in Q1 2026 per FORTY's latest filing, from $107.7 million in the prior quarter.
- Over the last five years, Operating Expenses for FORTY reached as high as $109.1 billion in Q3 2024 and fell as low as $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 surged 107096.02% — and 2024, when it sank 99.93%.
- Year by year, Operating Expenses stood at $102.7 billion in 2022, then decreased by 1.78% to $100.9 billion in 2023, then plunged 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $80.8 billion, $107.7 million, and $117.6 million for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 15.54 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -27.00 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 528.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 29.83 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 791.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 1.59 Bn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 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 |