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

Formula Systems (1985) (FORTY) reported Tax Rate of 19.76% for Q1 2026, down 574.0% on a YoY basis from 4.17% in Q1 2025, and down 46.83% quarter-over-quarter from 37.16% in Q4 2025.

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

Formula Systems (1985) has reported Tax Rate for 18 years, with the latest figure at 19.76% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 574.0% year-over-year to 19.76%; the trailing twelve-month figure through Mar 2026 stood at 21.8% (down 114.0% YoY), and the FY2025 full-year result was 27.64%, up 323.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.76%, down from 37.16% in the prior quarter.
  • The five-year high for Tax Rate was 37.16% in Q4 2025, with the low at 19.76% in Q1 2026.
  • Historically, Tax Rate has averaged 23.36% across 5 years, with a median of 21.93% in 2022.
  • Annual changes were most pronounced in 2025 — Tax Rate surged 1074 bps — and 2026, when it slumped 574 bps.
  • Formula Systems (1985)'s Tax Rate stood at 20.47% in 2022, then increased by 2 bps to 20.96% in 2023, then grew by 26 bps to 26.41% in 2024, then surged by 41 bps to 37.16% in 2025, then slumped by 47 bps to 19.76% in 2026.
  • The last three Tax Rate figures came in at 19.76% (Q1 2026), 37.16% (Q4 2025), and 25.02% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 21.23%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 12.40%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 24.31%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 23.99%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 40.93%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 18.88%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 26.21%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 21.91%
10 Formula Systems (1985) 293,580.00 -1.18 Bn 146.04 Bn 19.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.76%
Mar 31, 2026 19.76%
Dec 31, 2025 37.16%
Dec 31, 2025 37.16%
Jun 30, 2025 25.02%
Jun 30, 2025 25.02%
Mar 31, 2025 25.49%
Mar 31, 2025 25.49%
Dec 31, 2024 26.41%
Dec 31, 2024 26.41%
Sep 30, 2024 21.25%
Sep 30, 2024 21.25%
Jun 30, 2024 22.30%
Jun 30, 2024 22.30%
Mar 31, 2024 23.62%
Mar 31, 2024 23.62%
Dec 31, 2023 20.96%
Dec 31, 2023 20.96%
Sep 30, 2023 24.09%
Sep 30, 2023 24.09%