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

Formula Systems (1985) (FORTY) reported Payables of $367.1 million for Q1 2026, up 23.15% on a YoY basis from $298.1 million in Q1 2025, and down 2.41% quarter-over-quarter from $376.2 million in Q4 2025.

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

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

  • For the quarter ending Q1 2026, Payables rose 23.15% year-over-year to $367.1 million; the trailing twelve-month figure through Mar 2026 stood at $367.1 million (up 23.15% YoY), and the FY2025 full-year result was $376.2 million, up 27.01% from the prior year.
  • Payables for Q1 2026 stood at $367.1 million, down from $376.2 million in the prior quarter.
  • The five-year high for Payables was $376.2 million in Q4 2025, with the low at $183.9 million in Q2 2022.
  • Historically, Payables has averaged $250.0 million across 5 years, with a median of $226.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Payables soared 48.16% — and 2023, when it fell 5.52%.
  • Formula Systems (1985)'s Payables stood at $222.5 million in 2022, then grew by 16.26% to $258.6 million in 2023, then advanced by 14.52% to $296.2 million in 2024, then gained by 27.01% to $376.2 million in 2025, then retreated by 2.41% to $367.1 million in 2026.
  • The last three Payables figures came in at $367.1 million (Q1 2026), $376.2 million (Q4 2025), and $293.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 651.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 12.69 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 1.04 Bn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 3.12 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 396.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 6.61 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 1.14 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 4.56 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 2.15 Bn
10 Formula Systems (1985) 293,580.00 -1.18 Bn 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 293.31 Mn
Jun 30, 2025 294.85 Mn
Mar 31, 2025 298.12 Mn
Dec 31, 2024 296.21 Mn
Sep 30, 2024 226.69 Mn
Jun 30, 2024 199.12 Mn
Mar 31, 2024 232.13 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