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

Formula Systems (1985) (FORTY) posted quarterly Tax Provisions of $15.4 billion for Q1 2026, up 40.19% year-on-year 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 reported Tax Provisions for 18 consecutive years, with $15.4 billion the latest figure, recorded 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 climbed to $15.4 billion in Q1 2026 per FORTY's latest filing, from $6.7 million in the prior quarter.
  • Over the last five years, Tax Provisions for FORTY reached as high as $15.4 billion in Q1 2026 and fell as low as $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 surged 116028.7% — and 2024, when it slumped 99.9%.
  • Year by year, Tax Provisions stood at $10.9 billion in 2022, then decreased by 1.72% to $10.7 billion in 2023, then sank by 99.9% to $10.8 million in 2024, then plunged by 37.63% to $6.7 million in 2025, then jumped by 229099.58% to $15.4 billion in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $15.4 billion, $6.7 million, and $14.4 million for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 313.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 761.94 Mn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -15.76 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 343.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 126.12 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 106.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 208.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -103.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 64.30 Mn
10 Formula Systems (1985) 1.63 Bn 883.74 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