Formula Systems (1985) Ltd.

FORTY Technology Information Technology Services

Formula Systems (1985) Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 18.4% from fiscal 2024. In the quarter to June 2026, revenue grew 29.8%, EPS grew 55.1%, free cash flow grew 1,330.8% and total debt rose 1.98%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

112.11 2.48 −2.16%
Market cap
$1.8B
P/E
2.7×
Fwd P/E
13.9×
Dividend yield
0.46%
F-score
6/9
Altman Z
2.48
Beneish M
−2.92
Dividend safety
77/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more quarters

696.64 708.38 738.29 782.44
Revenue Growth
23.60% 145.35% 19.20% 29.82%
Cost of Revenue
560.93 568.27 592.25 624.01
Gross Profit
135.71 140.11 146.04 158.43
R&D Expenses
4.94 5.29 5.17 5.75
SG&A Expenses
76.22 102.46 75.65 80.88
Operating Income
54.55 41.59 82.00 71.65
Non-operating Interest Expenses
8.85 37.14 4.17 5.63
Non-operating Income/Expense
(8.85) (19.88) (4.17) (5.63)
EBT
45.70 21.71 77.84 66.02
Income Tax Provision
11.94 6.71 15.38 14.06
Income after Tax
33.76 15.00 62.46 51.96
Share of Subsidiary Earnings
0.93 — 0.30 (0.38)
Non-Controlling Interest
30.63 (27.50) 27.12 28.30
Net Income Common
17.33 554.78 35.64 23.27
EPS (Basic)
1.13 36.25 2.33 1.52
EPS (Diluted)
1.08 35.03 2.25 1.47
Shares (Basic, Weighted)
15.31 15.31 15.32 15.32
Shares (Diluted, Weighted)
15.80 15.79 15.84 15.84
Gross Margin
19.48% 19.78% 19.78% 20.25%
EBIT Margin
7.83% 5.87% 11.11% 9.16%
EBT margin
6.56% 3.06% 10.54% 8.44%
Net Profit Margin
2.49% 78.32% 4.83% 2.97%
EBITDA
54.55 41.59 82.00 71.65
EBIT
54.55 41.59 82.00 71.65
Income from Continuous Operations
34.69 13.03 62.76 51.57
Income from Discontinued Operations
13.27 514.24 — —
Consolidated Net Income/Loss
47.96 527.28 62.76 51.57
EPS (Basic, from Continuous Ops)
2.27 0.85 4.10 3.37
EPS (Diluted, from Cont. Ops)
2.20 0.82 3.96 3.26
EPS (Diluted, from Disc. Ops)
0.00 0.00 — —
EPS (Basic, from Discontinued Ops)
0.87 33.59 — —
EPS (Basic, Consolidated)
3.13 34.44 4.10 3.37
EPS (Diluted, Consolidated)
3.03 33.39 3.96 3.26
Shares (Diluted, Average)
15.80 15.84 15.84 15.84
EBITDA Margin
7.83% 5.87% 11.11% 9.16%
Operating Cash Flow Margin
0.00% 53.93% 0.00% 0.00%

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In millions of $ except per-share values · columns are period end dates