Formula Systems (1985) (FORTY) Operating Leases (2016 - 2026)
Formula Systems (1985) (FORTY) posted quarterly Operating Leases of $105.8 million for Q1 2026, down 10.1% year-on-year from $117.6 million in Q1 2025, and down 1.89% on a QoQ basis from $107.8 million in Q4 2025.
Formula Systems (1985) (FORTY) Operating Leases (2016 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Operating Leases for 9 consecutive years, with $105.8 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Leases fell 10.1% year-over-year to $105.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $105.8 million (down 10.1% YoY) and the FY2025 annual result came in at $107.8 million, down 9.85% from the prior year.
- Operating Leases retreated to $105.8 million in Q1 2026 per FORTY's latest filing, from $107.8 million in the prior quarter.
- Over the last five years, Operating Leases for FORTY reached as high as $132.5 million in Q2 2025 and fell as low as $68.9 million in Q2 2022.
- A 5-year average of $94.1 million and a median of $83.3 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases slipped 17.35% — and 2025, when it soared 66.18%.
- Year by year, Operating Leases stood at $79.0 million in 2022, then increased by 7.18% to $84.6 million in 2023, then soared by 41.29% to $119.6 million in 2024, then retreated by 9.85% to $107.8 million in 2025, then decreased by 1.89% to $105.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $105.8 million, $107.8 million, and $112.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 105.76 Mn |
| Dec 31, 2025 | 107.81 Mn |
| Sep 30, 2025 | 112.45 Mn |
| Jun 30, 2025 | 132.55 Mn |
| Mar 31, 2025 | 117.65 Mn |
| Dec 31, 2024 | 119.59 Mn |
| Sep 30, 2024 | 118.83 Mn |
| Jun 30, 2024 | 79.76 Mn |
| Mar 31, 2024 | 83.27 Mn |
| Dec 31, 2023 | 84.64 Mn |
| Sep 30, 2023 | 75.58 Mn |
| Jun 30, 2023 | 79.54 Mn |
| Mar 31, 2023 | 79.42 Mn |
| Dec 31, 2022 | 78.97 Mn |
| Sep 30, 2022 | 77.09 Mn |
| Jun 30, 2022 | 68.94 Mn |
| Mar 31, 2022 | 77.94 Mn |
| Dec 31, 2021 | 84.84 Mn |
| Sep 30, 2021 | 77.66 Mn |
| Jun 30, 2021 | 83.41 Mn |