Formula Systems (1985) FORTY
NASDAQ FORTY
$129.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Formula Systems (1985) (FORTY) Operating Margin (2009 - 2026)

Formula Systems (1985)'s (FORTY) quarterly Operating Margin came in at 0.0% in Q2 2026, little changed on a YoY basis from 0.0% in Q2 2025, and down 100.0% quarter-over-quarter from 8.83% in Q1 2026.

Analysis

Formula Systems (1985) (FORTY) Operating Margin (2009 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Operating Margin for 18 consecutive years, with 0.0% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Jun 2026 stood at 5.2% (down 83.0% YoY), and the FY2025 full-year result was 7.12%, down 545.0% from the prior year.
  • Operating Margin retreated to 0.0% in Q2 2026 per FORTY's latest filing, from 8.83% in the prior quarter.
  • Across five years, Operating Margin topped out at 9.74% in Q2 2024 and bottomed at 0.0% in Q2 2025.
  • Historically, Operating Margin has averaged 7.61% across 5 years, with a median of 8.92% in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 84 bps in 2022, then sank 974 bps in 2025.
  • Over 5 years, Operating Margin stood at 9.16% in 2022, then climbed by 3 bps to 9.42% in 2023, then declined by 5 bps to 8.94% in 2024, then slumped by 49 bps to 4.57% in 2025, then tumbled by 100 bps to 0.0% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 0.0%, 8.83%, and 4.57% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Infosys 44.97 Bn 44.97 Bn 1.60 Bn 21.09%
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn 15.95%
3 Cgi 15.39 Bn 14.81 Bn - -
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn 10.76%
5 Science Applications International 5.46 Bn 5.34 Bn 239.00 Mn 8.09%
6 ExlService Holdings 5.28 Bn 5.00 Bn 225.96 Mn 14.68%
7 Kyndryl Holdings 2.79 Bn 680.69 Mn 776.00 Mn 4.04%
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 0.00%
9 DXC Technology 1.80 Bn -204.47 Mn 611.00 Mn -71.59%
10 Innodata 1.78 Bn 1.53 Bn 42.46 Mn 17.21%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.00%
Mar 31, 2026 8.83%
Dec 31, 2025 4.57%
Sep 30, 2025 7.83%
Jun 30, 2025 0.00%
Mar 31, 2025 8.00%
Dec 31, 2024 8.94%
Sep 30, 2024 7.46%
Jun 30, 2024 9.74%
Mar 31, 2024 8.96%
Dec 31, 2023 9.42%
Sep 30, 2023 8.89%
Jun 30, 2023 9.15%
Mar 31, 2023 9.07%
Dec 31, 2022 9.16%
Sep 30, 2022 9.17%
Jun 30, 2022 8.69%
Mar 31, 2022 9.13%
Dec 31, 2021 9.06%
Sep 30, 2021 8.61%