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

Formula Systems (1985) (FORTY) reported Tax Provisions of $15.4 billion for Q1 2026, up 40.19% on a YoY basis from $11.0 billion in Q1 2025, and up 229099.58% quarter-over-quarter from $6.7 million in Q4 2025.

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

Formula Systems (1985) has reported Tax Provisions for 18 years, with the latest figure at $15.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 40.19% year-over-year to $15.4 billion; the trailing twelve-month figure through Mar 2026 stood at $26.4 billion (up 6.08% YoY), and the FY2025 full-year result was $40.5 million, up 4.35% from the prior year.
  • Tax Provisions for Q1 2026 stood at $15.4 billion, up from $6.7 million in the prior quarter.
  • The five-year high for Tax Provisions was $15.4 billion in Q1 2026, with the low at $6.7 million in Q4 2025.
  • Historically, Tax Provisions has averaged $6.1 billion across 5 years, with a median of $5.4 billion in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions jumped 116028.7% — and 2024, when it tumbled 99.9%.
  • Formula Systems (1985)'s Tax Provisions 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 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 248.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 172.00 Mn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 597.27 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 208.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 106.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 64.30 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 83.60 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 94.00 Mn
10 Formula Systems (1985) 293,580.00 -1.18 Bn 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