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| Date | Value |
|---|---|
| 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 |