Formula Systems (1985) (FORTY) Total Non-Current Liabilities (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Total Non-Current Liabilities came in at $516.5 million in Q2 2026, down 4.51% on a YoY basis from $540.9 million in Q2 2025, and down 1.09% quarter-over-quarter from $522.2 million in Q1 2026.
Powered by 
Analysis
Formula Systems (1985) (FORTY) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Total Non-Current Liabilities for 18 consecutive years, with $516.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Non-Current Liabilities fell 4.51% year-over-year to $516.5 million; the trailing twelve-month figure through Jun 2026 stood at $516.5 million (down 4.51% YoY), and the FY2025 full-year result was $475.1 million, down 2.45% from the prior year.
- Total Non-Current Liabilities retreated to $516.5 million in Q2 2026 per FORTY's latest filing, from $522.2 million in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $628.9 million in Q3 2022 and bottomed at $444.0 million in Q2 2024.
- Historically, Total Non-Current Liabilities has averaged $526.2 million across 5 years, with a median of $520.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Total Non-Current Liabilities dropped 22.75% in 2024, then gained 21.82% in 2025.
- Over 5 years, Total Non-Current Liabilities stood at $616.0 million in 2022, then fell by 15.79% to $518.8 million in 2023, then dropped by 6.11% to $487.1 million in 2024, then decreased by 2.45% to $475.1 million in 2025, then increased by 8.71% to $516.5 million in 2026.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $516.5 million, $522.2 million, and $475.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn | 1.10 Bn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn | 5.59 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - | 8.68 Mn |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn | 991.88 Mn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn | 3.88 Bn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn | 794.03 Mn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn | 9.73 Bn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn | - |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn | 516.52 Mn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn | 8.41 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 516.52 Mn |
| Mar 31, 2026 | 522.21 Mn |
| Dec 31, 2025 | 475.12 Mn |
| Sep 30, 2025 | 459.61 Mn |
| Jun 30, 2025 | 540.89 Mn |
| Mar 31, 2025 | 488.19 Mn |
| Dec 31, 2024 | 487.08 Mn |
| Sep 30, 2024 | 507.55 Mn |
| Jun 30, 2024 | 444.02 Mn |
| Mar 31, 2024 | 465.74 Mn |
| Dec 31, 2023 | 518.75 Mn |
| Sep 30, 2023 | 525.95 Mn |
| Jun 30, 2023 | 574.80 Mn |
| Mar 31, 2023 | 578.70 Mn |
| Dec 31, 2022 | 616.05 Mn |
| Sep 30, 2022 | 628.94 Mn |
| Jun 30, 2022 | 525.75 Mn |
| Mar 31, 2022 | 596.06 Mn |
| Dec 31, 2021 | 621.18 Mn |
| Sep 30, 2021 | 622.17 Mn |
API Access
Formula Systems (1985) Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();