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| 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 |