Formula Systems (1985) (FORTY) Payables (2009 - 2026)

Formula Systems (1985) (FORTY) posted quarterly Payables of $367.1 million for Q1 2026, up 23.07% year-on-year from $298.3 million in Q1 2025, and down 2.41% on a QoQ basis from $376.2 million in Q4 2025.

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

Formula Systems (1985) (FORTY) has reported Payables for 18 consecutive years, with $367.1 million the latest figure, recorded in Q1 2026.

  • Quarterly Payables rose 23.07% year-over-year to $367.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $367.1 million (up 23.07% YoY) and the FY2025 annual result came in at $376.2 million, up 27.01% from the prior year.
  • Payables declined to $367.1 million in Q1 2026 per FORTY's latest filing, from $376.2 million in the prior quarter.
  • Over the last five years, Payables for FORTY reached as high as $376.2 million in Q4 2025 and fell as low as $183.9 million in Q2 2022.
  • A 5-year average of $249.6 million and a median of $226.7 million in 2024 frame the typical range for Payables.
  • Annual changes were most pronounced in 2022 — Payables jumped 48.16% — and 2023, when it retreated 5.52%.
  • Year by year, Payables stood at $222.5 million in 2022, then gained by 16.26% to $258.6 million in 2023, then increased by 14.52% to $296.2 million in 2024, then grew by 27.01% to $376.2 million in 2025, then dropped by 2.41% to $367.1 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $367.1 million, $376.2 million, and $285.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 10.17 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.18 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 743.56 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 6.61 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 396.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 1.04 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.14 Bn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn 367.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 367.13 Mn
Dec 31, 2025 376.21 Mn
Sep 30, 2025 285.62 Mn
Jun 30, 2025 294.85 Mn
Mar 31, 2025 298.31 Mn
Dec 31, 2024 296.21 Mn
Sep 30, 2024 226.69 Mn
Jun 30, 2024 199.12 Mn
Mar 31, 2024 232.17 Mn
Dec 31, 2023 258.65 Mn
Sep 30, 2023 211.50 Mn
Jun 30, 2023 202.93 Mn
Mar 31, 2023 194.20 Mn
Dec 31, 2022 222.48 Mn
Sep 30, 2022 187.31 Mn
Jun 30, 2022 183.92 Mn
Mar 31, 2022 205.54 Mn
Dec 31, 2021 205.84 Mn
Sep 30, 2021 151.51 Mn
Jun 30, 2021 145.89 Mn