20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Formula Systems 1985 Ltd ADR (FORTY) operates in the INFORMATION TECHNOLOGY SERVICES industry and is headquartered in Or Yehuda, Israel with about 19,337 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, FORTY reported $2.6B in revenue and $28M in net income.
Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology company in Israel and internationally.
Interactive charts & full statements → Open the FORTY valuation workbench →
| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.9B | $2.6B | $2.2B | $2.6B | $2.6B | $2.4B | $1.9B | $1.7B | $1.5B | $1.4B | $1.1B | $799M | $636M | $797M | $745M | $641M | $550M | $469M | $591M | $493M | $493M |
| Gross Profit | $582M | $451M | $400M | $642M | $622M | $564M | $447M | $386M | $333M | $297M | $259M | $169M | $106M | $194M | $180M | $148M | $137M | $117M | $139M | $124M | $153M |
| Gross Margin % | 19.8% | 17.1% | 17.9% | 24.6% | 24.2% | 23.4% | 23.1% | 22.7% | 22.3% | 21.9% | 23.3% | 21.1% | 16.7% | 24.3% | 24.2% | 23.1% | 25.0% | 24.9% | 23.4% | 25.2% | 31.0% |
| Operating Income (EBIT) | $241M | $189M | $179M | $239M | $232M | $208M | $171M | $52M | $110M | $74M | $88M | $55M | $35M | $62M | $57M | $49M | $47M | $35M | $33M | $27M | $19M |
| Operating Margin % | 8.2% | 7.1% | 8.0% | 9.1% | 9.0% | 8.6% | 8.8% | 3.0% | 7.3% | 5.4% | 8.0% | 6.8% | 5.5% | 7.7% | 7.6% | 7.7% | 8.6% | 7.5% | 5.7% | 5.5% | 4.0% |
| Net Income | $635M | $28M | $80M | $64M | $81M | $55M | $47M | $93M | $32M | $11M | $22M | $19M | $75M | $77M | $24M | $43M | $18M | $19M | $12M | $37M | $10M |
| Net Margin % | 21.6% | 1.1% | 3.6% | 2.4% | 3.2% | 2.3% | 2.4% | 5.5% | 2.2% | 0.8% | 2.0% | 2.4% | 11.8% | 9.7% | 3.2% | 6.7% | 3.3% | 4.1% | 2.0% | 7.5% | 2.0% |
| EBITDA | $412M | $342M | $295M | $360M | $390M | $324M | $265M | $228M | $158M | $117M | $121M | $72M | $44M | $86M | $83M | $64M | $66M | $60M | $53M | $43M | $68M |
| Earnings Per Share (EPS) | $40.07 | $1.80 | $5.12 | $4.12 | $5.25 | $3.54 | $3.06 | $6.04 | $2.07 | $0.76 | $1.45 | $1.31 | $5.21 | $5.42 | $1.74 | $3.14 | $1.36 | $1.41 | $0.90 | $2.82 | $0.75 |
| Shares Outstanding (M) | 16M | 16M | 16M | 15M | 16M | 15M | 15M | 15M | 16M | 15M | 16M | 15M | 14M | 14M | 14M | 14M | 14M | 14M | 13M | 13M | 13M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $782M | $738M | $713M | $700M | $759M | $616M | $691M | $700M |
| Gross Profit | $158M | $146M | $141M | $136M | $189M | $120M | $180M | $173M |
| Gross Margin % | 20.2% | 19.8% | 19.8% | 19.5% | 24.9% | 19.4% | 26.1% | 24.7% |
| Operating Income (EBIT) | $72M | $82M | $33M | $55M | $69M | $49M | $74M | $71M |
| Operating Margin % | 9.2% | 11.1% | 4.6% | 7.8% | 9.1% | 8.0% | 10.7% | 10.2% |
| Net Income | $23M | $36M | $558M | $17M | $15M | $19M | $20M | $24M |
| Net Margin % | 3.0% | 4.8% | 78.3% | 2.5% | 2.0% | 3.1% | 2.9% | 3.4% |
| EBITDA | $72M | $99M | $186M | $55M | $69M | $49M | $72M | $76M |
| Earnings Per Share (EPS) | $1.47 | $2.25 | $35.25 | $1.10 | $0.98 | $1.22 | $1.28 | $1.51 |
| Shares Outstanding (M) | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | — | $391M | $324M | $295M | $239M | $208M | $287M | $196M | $83M | $81M | $75M | $54M | $17M | $69M | $73M | $26M | $53M | $56M | $47M | $43M | $26M |
| Capital Expenditures (CapEx) | $16M | $16M | $29M | $32M | $39M | $31M | $29M | $37M | $21M | $19M | $19M | $10M | $5M | $17M | $13M | $19M | $5M | $3M | $4M | $13M | $25M |
| Free Cash Flow (FCF) | — | $375M | $295M | $263M | $200M | $177M | $258M | $159M | $62M | $62M | $56M | $45M | $12M | $52M | $60M | $7M | $48M | $53M | $43M | $30M | $1M |
| FCF Margin % | — | 14.2% | 13.3% | 10.1% | 7.8% | 7.4% | 13.4% | 9.4% | 4.2% | 4.6% | 5.0% | 5.6% | 1.9% | 6.5% | 8.0% | 1.1% | 8.7% | 11.3% | 7.3% | 6.2% | 0.1% |
| Dividends Paid | — | $29M | $19M | $10M | $22M | $22M | $15M | $13M | $5M | $12M | $10M | $13M | $12M | $5M | $0M | $10M | $20M | $30M | $16M | — | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2025-12-31 |
|---|---|
| Cash from Operations (CFO) | $391M |
| Capital Expenditures (CapEx) | $16M |
| Free Cash Flow (FCF) | $375M |
| FCF Margin % | 52.6% |
| Dividends Paid | $29M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.5B | $3.6B | $3.0B | $2.8B | $2.8B | $2.7B | $2.5B | $2.1B | $1.7B | $1.6B | $1.4B | $1.2B | $1.1B | $879M | $881M | $672M | $624M | $566M | $597M | $613M | $596M |
| Cash & Cash Equivalents | $864M | $1.3B | $508M | $452M | $544M | $485M | $502M | $369M | $269M | $246M | $238M | $187M | $107M | $82M | $111M | $88M | $111M | $100M | $111M | $162M | $116M |
| Total Liabilities | $1.9B | $1.8B | $1.6B | $1.5B | $1.6B | $1.6B | $1.4B | $1.2B | $859M | $788M | $635M | $547M | $467M | $396M | $413M | $306M | $289M | $271M | $319M | $306M | $327M |
| Total Debt (Short + Long-Term) | $557M | $484M | $572M | $585M | $693M | $630M | $577M | $530M | $381M | $345M | $259M | $220M | $130M | $100M | $106M | $86M | $58M | $77M | $86M | $126M | $153M |
| Total Shareholders' Equity | $1.2B | $1.4B | $679M | $626M | $552M | $541M | $503M | $896M | $367M | $773M | $724M | $671M | $383M | $323M | $245M | $221M | $198M | $295M | $170M | $198M | $153M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FORTY viewer.
This page in other languages: עברית
About TickerBase · Data methodology & sources · Privacy · Terms