Formula Systems (1985) FORTY
NASDAQ FORTY
$116.21 +6.33 (+5.76%)
At close: Aug 18, 2026 · 4:00 PM EDT

Formula Systems (1985) (FORTY) Tax Provisions (2009 - 2026)

Formula Systems (1985)'s (FORTY) quarterly Tax Provisions came in at $15.4 billion in Q1 2026, up 40.19% YoY from $11.0 billion in Q1 2025, and up 229099.58% on a QoQ basis from $6.7 million in Q4 2025.

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

Formula Systems (1985) (FORTY) has 18 years of Tax Provisions data on file, last reported at $15.4 billion in Q1 2026.

  • Quarterly Tax Provisions rose 40.19% year-over-year to $15.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.4 billion (up 6.08% YoY) and the FY2025 annual result came in at $40.5 million, up 4.35% from the prior year.
  • Tax Provisions rose to $15.4 billion in Q1 2026, from $6.7 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $15.4 billion in Q1 2026 to a low of $6.7 million in Q4 2025.
  • A 5-year average of $6.1 billion and a median of $5.4 billion in 2022 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions jumped 116028.7% — and 2024, when it tumbled 99.9%.
  • Tracing FORTY's Tax Provisions over 5 years: stood at $10.9 billion in 2022, then declined by 1.72% to $10.7 billion in 2023, then plunged by 99.9% to $10.8 million in 2024, then tumbled by 37.63% to $6.7 million in 2025, then jumped by 229099.58% to $15.4 billion in 2026.
  • The last three Tax Provisions figures came in at $15.4 billion (Q1 2026), $6.7 million (Q4 2025), and $14.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 International Business Machines 222.17 Bn 210.81 Bn 9.91 Bn 313.00 Mn
2 Accenture 113.08 Bn 102.91 Bn 6.13 Bn 761.94 Mn
3 Infosys 48.61 Bn 48.61 Bn 1.60 Bn 343.00 Mn
4 Cgi 33.08 Bn 32.62 Bn - 121.97 Mn
5 Cognizant Technology Solutions 28.83 Bn 27.78 Bn 1.83 Bn 231.00 Mn
6 Fidelity National Information Services 21.35 Bn 20.61 Bn 1.17 Bn 63.00 Mn
7 Broadridge Financial Solutions 21.18 Bn 20.78 Bn 853.00 Mn 123.90 Mn
8 Wipro 19.66 Bn 18.59 Bn 738.00 Mn -103.00 Mn
9 Leidos Holdings 17.81 Bn 17.07 Bn 817.00 Mn 95.00 Mn
10 Formula Systems (1985) 1.78 Bn 597.45 Mn 146.04 Bn 15.38 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.38 Bn
Dec 31, 2025 6.71 Mn
Jun 30, 2025 14.43 Mn
Mar 31, 2025 10.97 Bn
Dec 31, 2024 10.76 Mn
Sep 30, 2024 13.86 Bn
Jun 30, 2024 13.65 Mn
Mar 31, 2024 13.46 Mn
Dec 31, 2023 10.72 Bn
Sep 30, 2023 12.49 Bn
Jun 30, 2023 11.38 Bn
Mar 31, 2023 11.49 Mn
Dec 31, 2022 10.91 Bn
Sep 30, 2022 11.41 Bn
Jun 30, 2022 21.42 Mn
Mar 31, 2022 11.50 Mn
Dec 31, 2021 12.60 Mn
Sep 30, 2021 9.82 Mn
Jun 30, 2021 10.84 Mn
Mar 31, 2021 9.35 Mn