Formula Systems (1985) LTD revenue

Formula Systems (1985) LTD's revenue was $2.63bn in fiscal 2025, up 18.4% on the year before. Since fiscal 2015 ($973m) it has grown at a compound 10.4% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Formula Systems (1985) LTD: revenue history, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	973	1,109	1,355	1,493	1,701	1,934	2,404	2,572	2,110	2,218	2,627
Growth on the year before	—	+13.9%	+22.2%	+10.2%	+13.9%	+13.7%	+24.3%	+7.0%	−18.0%	+5.1%	+18.4%
Gross profit	232	259	297	333	386	447	564	622	421	446	519
Gross margin	23.8%	23.3%	21.9%	22.3%	22.7%	23.1%	23.5%	24.2%	20.0%	20.1%	19.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

IT Consulting & Other Services: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Formula Systems (1985) LTD	$2.63bn	18.4%	—
Globant S.a.	$2.45bn	1.6%	—
Exlservice Holdings, Inc.	$2.34bn	15.6%	13.7%
Unisys Corp	$1.95bn	-0.6%	-1.1%
GDS Holdings Ltd	$1.59bn	10.9%	—
Genpact LTD	$5.25bn	6.5%	6.0%

Compare with peers

Head to head: FORTY vs GLOB EXLS vs FORTY FORTY vs UIS

More: IT Consulting & Other Services stocks compared, Technology sector, rankings of US companies

Figures from Formula Systems (1985) LTD's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Formula Systems (1985) LTD.