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

Formula Systems (1985) Revenue

In the year 2025, Formula Systems (1985) had annual revenue of $2.63B USD with 18.42% growth. That makes Formula Systems (1985) the 4,054th largest company in the world by revenue and 22nd in Israel.

• Revenue: $2.63B
• Revenue Growth: +18.42%
• P/S Ratio: 0.68
• Revenue / Employee: $135.86K
• Employees: 19,337
• Market Cap: 5.90B ILS

Revenue Chart

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* This company reports financials in USD.

Revenue by Segment

By Segment

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• Matrix 1.81B 65.8%
• Magic Software 626.30M 22.7%
• Other 220.75M 8.0%
• Michpal 57.64M 2.1%
• ZAP Group 38.43M 1.4%

By Geography

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• Israel 2.09B 79.7%
• United States 435.80M 16.6%
• Europe 83.87M 3.2%
• Japan 11.92M 0.5%
• Other (Mainly Asia Pacific) 2.69M 0.1%

Fiscal year ended Dec 31, 2025 See the full Formula Systems (1985) breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	2.63B	408.69M	18.42%
Dec 31, 2024	2.22B	107.99M	5.12%
Dec 31, 2023	2.11B	-461.91M	-17.96%
Dec 31, 2022	2.57B	167.98M	6.99%
Dec 31, 2021	2.40B	470.46M	24.33%
Dec 31, 2020	1.93B	232.80M	13.69%
Dec 31, 2019	1.70B	208.13M	13.94%
Dec 31, 2018	1.49B	137.85M	10.17%
Dec 31, 2017	1.36B	246.52M	22.24%
Dec 31, 2016	1.11B	135.43M	13.92%
Dec 31, 2015	973.19M	336.78M	52.92%
Dec 31, 2014	636.42M	-159.46M	-20.04%
Dec 31, 2013	795.88M	52.90M	7.12%
Dec 31, 2012	742.98M	102.36M	15.98%
Dec 31, 2011	640.62M	90.92M	16.54%
Dec 31, 2010	549.69M	80.30M	17.11%
Dec 31, 2009	469.39M	-33.85M	-6.73%
Dec 31, 2008	503.24M	88.52M	21.34%
Dec 31, 2007	414.72M	-2.08M	-0.50%
Dec 31, 2006	416.81M	50.97M	13.93%
Dec 31, 2005	365.84M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Jun 30, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment and geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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