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
DateValue
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