Formula Systems (1985) (FORTY) Other Accumulated Expenses (2017 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Other Accumulated Expenses came in at $79.6 million in Q2 2026, up 74.74% on a YoY basis from $45.6 million in Q2 2025, and down 1.6% quarter-over-quarter from $80.9 million in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) Other Accumulated Expenses (2017 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Other Accumulated Expenses for 10 consecutive years, with $79.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Accumulated Expenses rose 74.74% year-over-year to $79.6 million; the trailing twelve-month figure through Jun 2026 stood at $79.6 million (up 74.74% YoY), and the FY2025 full-year result was $50.4 million, up 5.67% from the prior year.
- Other Accumulated Expenses fell to $79.6 million in Q2 2026 per FORTY's latest filing, from $80.9 million in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $222.0 million in Q1 2022 and bottomed at $24.9 million in Q4 2023.
- Historically, Other Accumulated Expenses has averaged $103.8 million across 5 years, with a median of $110.9 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Other Accumulated Expenses surged 156.67% in 2022, then plunged 83.88% in 2023.
- Over 5 years, Other Accumulated Expenses stood at $154.4 million in 2022, then slumped by 83.88% to $24.9 million in 2023, then jumped by 91.78% to $47.7 million in 2024, then grew by 5.67% to $50.4 million in 2025, then soared by 57.88% to $79.6 million in 2026.
- According to Business Quant data, Other Accumulated Expenses over the past three periods registered $79.6 million, $80.9 million, and $50.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.62 Mn |
| Mar 31, 2026 | 80.91 Mn |
| Dec 31, 2025 | 50.43 Mn |
| Sep 30, 2025 | 48.53 Mn |
| Jun 30, 2025 | 45.56 Mn |
| Mar 31, 2025 | 48.58 Mn |
| Dec 31, 2024 | 47.72 Mn |
| Sep 30, 2024 | 27.32 Mn |
| Jun 30, 2024 | 141.66 Mn |
| Mar 31, 2024 | 146.41 Mn |
| Dec 31, 2023 | 24.88 Mn |
| Sep 30, 2023 | 140.85 Mn |
| Jun 30, 2023 | 144.61 Mn |
| Mar 31, 2023 | 151.65 Mn |
| Dec 31, 2022 | 154.41 Mn |
| Sep 30, 2022 | 155.49 Mn |
| Jun 30, 2022 | 157.36 Mn |
| Mar 31, 2022 | 221.96 Mn |
| Dec 31, 2021 | 174.48 Mn |
| Sep 30, 2021 | 167.84 Mn |