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