Formula Systems (1985) Ltd. (TLV:FORTY)

Israel · Delayed Price · Currency is ILS · Price in ILA

38,540

+240 (0.63%)

Oct 23, 2026, 11:20 AM IDT

Revenue by Segment

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Matrix	1.81B	1.51B	1.42B	1.39B	1.35B
Magic Software	626.30M	552.52M	535.05M	566.79M	480.33M
Michpal	57.64M	42.98M	36.91M	38.02M	32.09M
ZAP Group	38.43M	38.07M	45.29M	49.89M	51.64M
Other	220.75M	170.42M	157.19M	133.89M	127.64M
Unallocated Adjustments	-129.53M	-94.01M	-83.85M	-83.79M	-98.97M
Sapiens	-	-	-	474.74M	461.04M
Total	2.63B	2.22B	2.11B	2.57B	2.40B

Revenue by Geography

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Israel	2.09B	1.73B	1.58B	1.57B	1.51B
United States	435.80M	387.86M	435.18M	680.33M	591.79M
Europe	83.87M	88.00M	81.58M	262.30M	255.68M
Japan	11.92M	12.67M	10.85M	11.33M	12.89M
Other (Mainly Asia Pacific)	2.69M	4.13M	4.14M	20.67M	19.43M
Africa	-	-	-	26.69M	18.01M
Total	2.63B	2.22B	2.11B	2.57B	2.40B