Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · Real-Time Price · USD
112.90
0.00 (0.00%)
Jun 18, 2026, 4:00 PM EDT - Market closed
Formula Systems (1985) Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
| 2,887 | 2,627 | 2,218 | 2,110 | 2,572 | 2,404 | |
Revenue Growth (YoY) | 19.83% | 18.42% | 5.12% | -17.96% | 6.99% | 24.33% |
Cost of Revenue | 2,279 | 2,108 | 1,773 | 1,689 | 1,950 | 1,841 |
Gross Profit | 607.35 | 519.16 | 445.76 | 421.2 | 622.47 | 563.86 |
Selling, General & Admin | 348.11 | 311.99 | 249.72 | 248.66 | 317.96 | 289.99 |
Research & Development | 39.21 | 20.02 | 18.08 | 14.49 | 72.13 | 65.86 |
Other Operating Expenses | -26.01 | -9.23 | -5.37 | - | -44.26 | - |
Total Operating Expenses | 361.31 | 322.79 | 262.42 | 263.16 | 345.83 | 355.84 |
Operating Income | 246.04 | 196.38 | 183.33 | 158.04 | 276.64 | 208.02 |
Interest Income | - | 13.6 | 10.45 | 10.86 | 7.29 | 5.99 |
Other Non-Operating Income (Expense) | -46.79 | -63.59 | -34.92 | -35.65 | -27.22 | -29.99 |
Total Non-Operating Income (Expense) | -46.79 | -49.99 | -24.47 | -24.79 | -19.93 | -24.01 |
Pretax Income | 199.26 | 146.39 | 158.87 | 133.25 | 256.71 | 184.01 |
Provision for Income Taxes | 48.45 | 40.46 | 38.77 | 31.83 | 55.24 | 42.61 |
Net Income | 150.8 | 105.93 | 120.09 | 101.42 | 201.48 | 141.4 |
Minority Interest in Earnings | 63.86 | 58.93 | 112.04 | 100.95 | 120.08 | 86.81 |
Earnings From Discontinued Operations | 535.86 | 559.48 | 71.62 | 63.54 | - | - |
Net Income to Common | 622.8 | 606.48 | 79.67 | 64.01 | 81.39 | 54.59 |
Net Income Growth | 661.12% | 661.24% | 24.46% | -21.35% | 49.11% | 16.69% |
Shares Outstanding (Basic) | 15 | 15 | 15 | 15 | 15 | 15 |
Shares Outstanding (Diluted) | 16 | 16 | 16 | 15 | 16 | 15 |
Shares Change (YoY) | 0.85% | 0.96% | 0.89% | -0.03% | 1.38% | - |
EPS (Basic) | 40.69 | 39.63 | 5.22 | 4.19 | 5.31 | 3.57 |
EPS (Diluted) | 39.31 | 38.39 | 5.09 | 4.12 | 5.21 | 3.50 |
EPS Growth | 653.06% | 654.22% | 23.54% | -20.92% | 48.86% | 16.28% |
Free Cash Flow | - | 365.86 | 308.01 | 278.29 | 217.07 | 191.74 |
Free Cash Flow Growth | - | 18.78% | 10.68% | 28.20% | 13.21% | -29.38% |
Free Cash Flow Per Share | - | 23.17 | 19.70 | 17.96 | 14.00 | 12.54 |
Dividends Per Share | - | 1.537 | 1.570 | 1.260 | 0.620 | 1.560 |
Dividend Growth | - | -2.10% | 24.60% | 103.23% | -60.26% | 32.20% |
Gross Margin | 21.04% | 19.76% | 20.09% | 19.96% | 24.20% | 23.45% |
Operating Margin | 8.52% | 7.47% | 8.26% | 7.49% | 10.75% | 8.65% |
Profit Margin | 5.22% | 4.03% | 5.41% | 4.81% | 7.83% | 5.88% |
FCF Margin | - | 13.93% | 13.88% | 13.19% | 8.44% | 7.97% |
EBITDA | 246.04 | 348.89 | 298.83 | 279.88 | 391.95 | 330.2 |
EBITDA Margin | 8.52% | 13.28% | 13.47% | 13.26% | 15.24% | 13.73% |
EBIT | 246.04 | 196.38 | 183.33 | 158.04 | 276.64 | 208.02 |
EBIT Margin | 8.52% | 7.47% | 8.26% | 7.49% | 10.75% | 8.65% |
Effective Tax Rate | 24.32% | 27.64% | 24.41% | 23.89% | 21.52% | 23.16% |