Formula Systems (1985) (FORTY) Operating Leases (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Operating Leases came in at $113.3 million in Q2 2026, down 14.54% on a YoY basis from $132.5 million in Q2 2025, and up 7.11% quarter-over-quarter from $105.8 million in Q1 2026.
Powered by 
Analysis
Formula Systems (1985) (FORTY) Operating Leases (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Operating Leases for 17 consecutive years, with $113.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 14.54% year-over-year to $113.3 million; the trailing twelve-month figure through Jun 2026 stood at $113.3 million (down 14.54% YoY), and the FY2025 full-year result was $107.8 million, down 9.85% from the prior year.
- Operating Leases climbed to $113.3 million in Q2 2026 per FORTY's latest filing, from $105.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $132.5 million in Q2 2025 and bottomed at $68.9 million in Q2 2022.
- Historically, Operating Leases has averaged $95.2 million across 5 years, with a median of $84.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases slipped 17.35% in 2022, then soared 66.18% in 2025.
- Over 5 years, Operating Leases stood at $79.0 million in 2022, then grew by 7.18% to $84.6 million in 2023, then surged by 41.29% to $119.6 million in 2024, then fell by 9.85% to $107.8 million in 2025, then increased by 5.08% to $113.3 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $113.3 million, $105.8 million, and $107.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.28 Mn |
| 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 |
API Access
Formula Systems (1985) Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();