Stocks Technology FORTY
NASDAQ · TechnologyFormula Systems (1985) Ltd (FORTY)
Formula Systems (1985) Ltd reported revenue of $2.8B in fiscal 2024, up 5.2% from a year earlier. Net income was $79.7M, a net margin of 2.9%. Operating cash flow minus capital spending left $308M of free cash flow in fiscal 2024. At December 31, 2024 it held $507.8M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 13, 2026.
What Formula Systems (1985) Ltd does
Formula Systems (1985) Ltd is registered with the SEC under industry code SIC 7371 (Services-Computer Programming Services). Its shares trade on NASDAQ under the ticker FORTY.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2024 | $2.8B | $79.7M | $5.09 | $308M |
| 2023 | $2.6B | $64M | $4.12 | $278.3M |
| 2022 | $2.6B | $81.4M | $5.21 | $217.1M |
| 2021 | $2.4B | $141.9M | $3.50 | $191.7M |
| 2020 | $1.9B | $114M | $3.01 | $271.5M |
| 2019 | $1.7B | $94.4M | $2.44 | $173.7M |
Latest SEC filings
What Formula Systems (1985) Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 25, 2026
- August 5, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- July 20, 2026
- June 15, 2026
- June 8, 2026Passive stake changed SCHEDULE 13G/A
- May 28, 2026
- May 14, 2026
- May 13, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025
- May 5, 2026Passive stake changed SCHEDULE 13G/A
Questions about FORTY
What does Formula Systems (1985) Ltd do?
Formula Systems (1985) Ltd is registered with the SEC under industry code SIC 7371 (Services-Computer Programming Services). Its shares trade on NASDAQ under the ticker FORTY.
Is Formula Systems (1985) Ltd profitable?
Yes. In fiscal 2024 it reported net income of $79.7M on revenue of $2.8B, a net margin of 2.9%.
How much revenue does Formula Systems (1985) Ltd make?
In fiscal 2024 Formula Systems (1985) Ltd reported revenue of $2.8B. That is 5.2% more than a year earlier.
When did Formula Systems (1985) Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 13, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 25, 2026.
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Follow FORTY: get an email when it filesWhere the numbers come from
Financial figures are the values Formula Systems (1985) Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.