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| 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 |