Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S. (IST:FORTE)
104.00
-0.20 (-0.19%)
Last updated: Oct 5, 2026, 5:59 PM GMT+3
IST:FORTE Income Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 3,835 | 2,438 | 2,332 | 959.88 | 685.13 | 215.35 | |
Revenue Growth | 73.54% | 4.54% | 142.92% | 40.10% | 218.15% | 5.40% |
Cost of Revenue | 2,499 | 1,433 | 1,902 | 633.95 | 506.07 | 176.62 |
Gross Profit | 1,335 | 1,004 | 429.23 | 325.93 | 179.06 | 38.73 |
Selling, General & Admin | 285.26 | 222.12 | 164.81 | 67.34 | 28.39 | 5.72 |
Research & Development | -2.29 | 17.35 | 13.69 | 6.72 | 3.79 | 0.3 |
Other Operating Expenses | 174.67 | 173.36 | 102.95 | 15.29 | -25 | -0.22 |
Operating Expenses | 457.64 | 412.84 | 281.46 | 89.35 | 7.19 | 5.81 |
Operating Income | 877.42 | 591.36 | 147.77 | 236.58 | 171.87 | 32.93 |
Interest Expense | -714.38 | -446.76 | -65.03 | -35.87 | -10.24 | -0.04 |
Interest & Investment Income | 2,244 | 2,219 | 79.66 | 94.19 | 3.4 | 2.07 |
Currency Exchange Gain (Loss) | 6.18 | 63.27 | -47.54 | 53.3 | -9.41 | -6.14 |
Other Non Operating Income (Expenses) | 360.01 | 2.11 | -205.68 | -259.83 | -73.2 | -0.31 |
EBT Excluding Unusual Items | 2,773 | 2,429 | -90.82 | 88.37 | 82.42 | 28.51 |
Gain (Loss) on Sale of Investments | -28.74 | -28.74 | -5.02 | -5.56 | - | -0 |
Pretax Income | 2,745 | 2,400 | -95.84 | 82.81 | 82.42 | 28.51 |
Income Tax Expense | 118.46 | 67.7 | 12.5 | 70.62 | 27.14 | 5.05 |
Earnings From Continuing Operations | 2,626 | 2,333 | -108.33 | 12.19 | 55.28 | 23.46 |
Minority Interest in Earnings | -10.55 | -3.53 | 0.98 | - | - | - |
Net Income | 2,616 | 2,329 | -107.35 | 12.19 | 55.28 | 23.46 |
Net Income to Common | 2,616 | 2,329 | -107.35 | 12.19 | 55.28 | 23.46 |
Net Income Growth | - | - | - | -77.94% | 135.66% | -25.04% |
Shares Outstanding (Basic) | 67 | 67 | 67 | 53 | 45 | 14 |
Shares Outstanding (Diluted) | 67 | 67 | 67 | 53 | 45 | 14 |
Shares Change | 4.44% | - | 26.26% | 17.93% | 225.19% | 476.58% |
EPS (Basic) | 39.04 | 34.76 | -1.60 | 0.23 | 1.23 | 1.70 |
EPS (Diluted) | 39.04 | 34.76 | -1.60 | 0.23 | 1.23 | 1.70 |
EPS Growth | - | - | - | -81.30% | -27.53% | -87.00% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,443 | 2,829 | 35.53 | 250.46 | -24.95 | -9.58 |
Free Cash Flow Per Share | 51.38 | 42.22 | 0.53 | 4.72 | -0.56 | -0.69 |
Dividend Per Share | - | - | - | 0.113 | - | - |
Dividend Growth | - | - | - | - | - | - |
Gross Margin | 34.82% | 41.20% | 18.41% | 33.95% | 26.14% | 17.99% |
Operating Margin | 22.88% | 24.26% | 6.34% | 24.65% | 25.09% | 15.29% |
Profit Margin | 68.21% | 95.55% | -4.60% | 1.27% | 8.07% | 10.89% |
Free Cash Flow Margin | 89.78% | 116.05% | 1.52% | 26.09% | -3.64% | -4.45% |
EBITDA | 876.84 | 615.42 | 164.34 | 240.9 | 173.66 | 33.3 |
EBITDA Margin | 22.87% | 25.25% | 7.05% | 25.10% | 25.35% | 15.47% |
D&A For EBITDA | -0.58 | 24.06 | 16.57 | 4.32 | 1.79 | 0.38 |
EBIT | 877.42 | 591.36 | 147.77 | 236.58 | 171.87 | 32.93 |
EBIT Margin | 22.88% | 24.26% | 6.34% | 24.65% | 25.09% | 15.29% |
Effective Tax Rate | 4.32% | 2.82% | - | 85.28% | 32.93% | 17.71% |