Formula Systems (1985) (FORTY) Retained Earnings (2009 - 2025)
Formula Systems (1985) (FORTY) recorded Retained Earnings of $1.11 billion in Q4 2025, up 106.3% from $536.01 million a year earlier.
Analysis
Formula Systems (1985) (FORTY) Retained Earnings (2009 - 2025) Analysis & Trends
Starting with Q4 2009, Formula Systems (1985)'s Retained Earnings history includes 19 quarters.
- Annual Retained Earnings has increased for nine straight years, with a five-year compound annual growth rate of 27.8% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $536.01 million in FY2024 (+12.8%), $475.22 million in FY2023 (+13.3%), $419.45 million in FY2022 (+17.1%) and $358.32 million in FY2021 (+10.5%).
- The Q4 2025 figure is the highest quarterly Retained Earnings in data going back to Q4 2009.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.59 Bn | 37.09 Bn | 1.60 Bn | 13.44 Bn |
| 2 | Cognizant Technology Solutions | 32.87 Bn | 26.04 Bn | 1.83 Bn | 14.65 Bn |
| 3 | Wipro | 22.10 Bn | 17.25 Bn | 745.00 Mn | 6.69 Bn |
| 4 | Cdw | 20.94 Bn | 18.92 Bn | 1.32 Bn | -1.49 Bn |
| 5 | Td Synnex | 19.62 Bn | 13.78 Bn | 1.43 Bn | 4.40 Bn |
| 6 | Cgi | 18.25 Bn | 16.05 Bn | - | 5.20 Bn |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn | 7.06 Bn |
| 8 | Avnet | 7.23 Bn | 6.41 Bn | 865.03 Mn | 3.51 Bn |
| 9 | EPAM Systems | 7.08 Bn | 2.72 Bn | 429.57 Mn | 2.04 Bn |
| 10 | Formula Systems (1985) | 1.79 Bn | -1.56 Bn | 158.43 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 536.01 Mn |
| Jun 30, 2024 | 127,000.00 |
| Dec 31, 2023 | 475.22 Mn |
| Dec 31, 2022 | 419.45 Mn |
| Dec 31, 2021 | 358.32 Mn |
| Dec 31, 2020 | 324.36 Mn |
| Dec 31, 2019 | 285.15 Mn |
| Dec 31, 2018 | 262.56 Mn |
| Sep 30, 2018 | 256.67 Mn |
| Dec 31, 2017 | 239.16 Mn |
| Dec 31, 2016 | 234.27 Mn |
| Dec 31, 2015 | 318.69 Mn |
| Dec 31, 2014 | 250.00 Mn |
| Dec 31, 2013 | 184.11 Mn |
| Dec 31, 2012 | 115.78 Mn |
| Dec 31, 2011 | 91.67 Mn |
| Dec 31, 2010 | 58.44 Mn |
| Dec 31, 2009 | 60.05 Mn |
API Access
Formula Systems (1985) Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=FORTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();