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