Formula Systems (1985) FORTY
NASDAQ FORTY
$129.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026)

Formula Systems (1985)'s (FORTY) quarterly Short term Debt came in at $85.6 million in Q2 2026, up 50.54% on a YoY basis from $56.9 million in Q2 2025, and up 8.39% quarter-over-quarter from $79.0 million in Q1 2026.

Analysis

Formula Systems (1985) (FORTY) Short term Debt (2010 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Short term Debt for 15 consecutive years, with $85.6 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Short term Debt rose 50.54% year-over-year to $85.6 million; the trailing twelve-month figure through Jun 2026 stood at $85.6 million (up 50.54% YoY), and the FY2025 full-year result was $61.6 million, up 17.47% from the prior year.
  • Short term Debt improved to $85.6 million in Q2 2026 per FORTY's latest filing, from $79.0 million in the prior quarter.
  • Across five years, Short term Debt topped out at $85.6 million in Q2 2026 and bottomed at -$271000.0 in Q4 2023.
  • Historically, Short term Debt has averaged $52.8 million across 5 years, with a median of $52.8 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Short term Debt plunged 100.45% in 2023, then jumped 19443.17% in 2024.
  • Over 5 years, Short term Debt stood at $60.5 million in 2022, then tumbled by 100.45% to -$271000.0 in 2023, then surged by 19443.17% to $52.4 million in 2024, then gained by 17.47% to $61.6 million in 2025, then surged by 39.06% to $85.6 million in 2026.
  • According to Business Quant data, Short term Debt over the past three periods registered $85.6 million, $79.0 million, and $61.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 44.97 Bn 44.97 Bn 1.60 Bn
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn
3 Cgi 15.39 Bn 14.81 Bn -
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn
5 Science Applications International 5.46 Bn 5.34 Bn 239.00 Mn
6 ExlService Holdings 5.28 Bn 5.00 Bn 225.96 Mn
7 Kyndryl Holdings 2.79 Bn 680.69 Mn 776.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn
9 DXC Technology 1.80 Bn -204.47 Mn 611.00 Mn
10 Innodata 1.78 Bn 1.53 Bn 42.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 85.63 Mn
Mar 31, 2026 79.00 Mn
Dec 31, 2025 61.58 Mn
Sep 30, 2025 61.40 Mn
Jun 30, 2025 56.88 Mn
Mar 31, 2025 53.85 Mn
Dec 31, 2024 52.42 Mn
Sep 30, 2024 50.64 Mn
Jun 30, 2024 49.40 Mn
Mar 31, 2024 49.34 Mn
Dec 31, 2023 -271,000.00
Sep 30, 2023 42.18 Mn
Jun 30, 2023 51.19 Mn
Mar 31, 2023 60.30 Mn
Dec 31, 2022 60.50 Mn
Sep 30, 2022 53.25 Mn
Jun 30, 2022 43.68 Mn
Mar 31, 2022 40.02 Mn
Dec 31, 2021 39.56 Mn
Sep 30, 2021 35.40 Mn