Formula Systems (1985) (FORTY) Operating Leases (2016 - 2026)
Formula Systems (1985) (FORTY) reported Operating Leases of $105.8 million for Q1 2026, down 10.1% on a YoY basis from $117.6 million in Q1 2025, and down 1.89% quarter-over-quarter from $107.8 million in Q4 2025.
Formula Systems (1985) (FORTY) Operating Leases (2016 - 2026) Analysis & Trends
Formula Systems (1985) has reported Operating Leases for 9 years, with the latest figure at $105.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 10.1% year-over-year to $105.8 million; the trailing twelve-month figure through Mar 2026 stood at $105.8 million (down 10.1% YoY), and the FY2025 full-year result was $107.8 million, down 9.85% from the prior year.
- Operating Leases for Q1 2026 stood at $105.8 million, down from $107.8 million in the prior quarter.
- The five-year high for Operating Leases was $132.5 million in Q2 2025, with the low at $68.9 million in Q2 2022.
- Historically, Operating Leases has averaged $94.1 million across 5 years, with a median of $83.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases decreased 17.35% — and 2025, when it surged 66.18%.
- Formula Systems (1985)'s Operating Leases stood at $79.0 million in 2022, then advanced by 7.18% to $84.6 million in 2023, then soared by 41.29% to $119.6 million in 2024, then dropped by 9.85% to $107.8 million in 2025, then declined by 1.89% to $105.8 million in 2026.
- The last three Operating Leases figures came in at $105.8 million (Q1 2026), $107.8 million (Q4 2025), and $112.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn |
| 10 | Formula Systems (1985) | 293,580.00 | -1.18 Bn | 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 |