Formula Systems (1985) has been growing earnings at an average annual rate of 5.3%, while the IT industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 5.9% per year. Formula Systems (1985)'s return on equity is 6.1%, and it has net margins of 1.5%.
Key information
5.30%
Earnings growth rate
5.27%
EPS growth rate
IT Industry Growth
22.43%
Revenue growth rate
5.88%
Return on equity
6.09%
Net Margin
1.47%
Last Earnings Update
31 Dec 2025
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Formula Systems (1985) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NasdaqGS:FORT.Y Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
2,627
39
312
20
30 Sep 25
3,016
75
360
87
30 Jun 25
2,889
78
356
89
31 Mar 25
2,808
80
345
87
31 Dec 24
2,758
80
335
84
30 Sep 24
2,706
75
332
81
30 Jun 24
2,661
67
325
80
31 Mar 24
2,656
65
326
79
31 Dec 23
2,621
64
326
78
30 Sep 23
2,638
64
329
77
30 Jun 23
2,611
65
326
75
31 Mar 23
2,578
82
321
74
31 Dec 22
2,572
81
318
72
30 Sep 22
2,596
82
306
70
30 Jun 22
2,546
78
303
69
31 Mar 22
2,489
58
301
67
31 Dec 21
2,404
55
290
66
30 Sep 21
2,290
51
276
63
30 Jun 21
2,191
50
259
60
31 Mar 21
2,040
48
235
56
31 Dec 20
1,934
47
224
53
30 Sep 20
1,839
45
214
51
30 Jun 20
1,801
42
208
49
31 Mar 20
1,776
40
207
49
31 Dec 19
1,701
39
201
47
30 Sep 19
1,647
40
193
44
30 Jun 19
1,560
37
184
42
31 Mar 19
1,511
35
181
41
31 Dec 18
1,493
32
182
41
30 Sep 18
1,466
26
177
42
30 Jun 18
1,452
24
179
42
31 Mar 18
1,418
17
179
43
31 Dec 17
1,355
10
183
40
30 Sep 17
1,291
12
172
36
30 Jun 17
1,227
12
166
32
31 Mar 17
1,157
19
156
26
31 Dec 16
1,109
22
148
22
30 Sep 16
837
76
102
12
30 Jun 16
793
75
100
10
31 Mar 16
776
71
98
8
31 Dec 15
973
20
141
15
30 Sep 15
755
24
91
7
30 Jun 15
707
24
78
5
Quality Earnings: FORT.Y has high quality earnings.
Growing Profit Margin: FORT.Y's current net profit margins (1.5%) are lower than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FORT.Y's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: FORT.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FORT.Y had negative earnings growth (-51.5%) over the past year, making it difficult to compare to the IT industry average (13%).
Return on Equity
High ROE: FORT.Y's Return on Equity (6.1%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/20 00:54
End of Day Share Price
2026/05/18 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Formula Systems (1985) Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.