Formula Systems (1985) (FORTY) Total Debt (2010 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Total Debt came in at $319.6 million in Q1 2026, up 56.4% YoY from $204.3 million in Q1 2025, and up 33.45% on a QoQ basis from $239.5 million in Q4 2025.
Formula Systems (1985) (FORTY) Total Debt (2010 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has 17 years of Total Debt data on file, last reported at $319.6 million in Q1 2026.
- Quarterly Total Debt rose 56.4% year-over-year to $319.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $319.6 million (up 56.4% YoY) and the FY2025 annual result came in at $239.5 million, up 17.09% from the prior year.
- Total Debt grew to $319.6 million in Q1 2026, from $239.5 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $319.6 million in Q1 2026 to a low of $113.0 million in Q2 2024.
- A 5-year average of $209.2 million and a median of $215.3 million in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2023 — Total Debt sank 42.18% — and 2025, when it soared 101.7%.
- Tracing FORTY's Total Debt over 5 years: stood at $273.8 million in 2022, then retreated by 13.48% to $236.9 million in 2023, then declined by 13.66% to $204.5 million in 2024, then climbed by 17.09% to $239.5 million in 2025, then surged by 33.45% to $319.6 million in 2026.
- The last three Total Debt figures came in at $319.6 million (Q1 2026), $239.5 million (Q4 2025), and $235.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 61.99 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 5.14 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 2.66 Bn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 1.56 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 21.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 3.25 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 1.88 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 6.03 Bn |
| 10 | Formula Systems (1985) | 1.78 Bn | 597.45 Mn | 146.04 Bn | 319.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 319.57 Mn |
| Dec 31, 2025 | 239.48 Mn |
| Sep 30, 2025 | 235.34 Mn |
| Jun 30, 2025 | 215.27 Mn |
| Mar 31, 2025 | 204.33 Mn |
| Dec 31, 2024 | 204.52 Mn |
| Sep 30, 2024 | 116.68 Mn |
| Jun 30, 2024 | 112.96 Mn |
| Mar 31, 2024 | 120.18 Mn |
| Dec 31, 2023 | 236.86 Mn |
| Sep 30, 2023 | 145.35 Mn |
| Jun 30, 2023 | 169.73 Mn |
| Mar 31, 2023 | 171.43 Mn |
| Dec 31, 2022 | 273.76 Mn |
| Sep 30, 2022 | 227.56 Mn |
| Jun 30, 2022 | 267.07 Mn |
| Mar 31, 2022 | 296.48 Mn |
| Dec 31, 2021 | 332.93 Mn |
| Sep 30, 2021 | 239.40 Mn |
| Jun 30, 2021 | 195.02 Mn |