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
DateValue
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