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Side-by-side financial comparison of FORMULA SYSTEMS (1985) LTD (FORTY) and SPX Technologies, Inc. (SPXC), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Formula Systems (1985) Ltd. is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Polish software maker Asseco acquired a 50.2% stake in the company.

SPX Technologies, Inc. is an American manufacturing company, headquartered in Charlotte, North Carolina. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmission and generation, and engineered solutions. Examples of SPX’s products include cooling towers and boilers, underground pipe and cable locators, power transformers, and heat exchangers. Brands include Waukesha, Dielectric, Genfare, Fahrenheat, Radiodetecti...

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
FORTY
FORTY
SPXC
SPXC
Q4 25
$637.3M
Q3 25
$592.8M
Q2 25
$552.4M
Q1 25
$482.6M
Q4 24
$533.7M
Q3 24
$483.7M
Q2 24
$501.3M
Q1 24
$465.2M
Net Profit
FORTY
FORTY
SPXC
SPXC
Q4 25
$77.9M
Q3 25
$62.7M
Q2 25
$52.2M
Q1 25
$51.2M
Q4 24
$57.1M
Q3 24
$50.2M
Q2 24
$44.2M
Q1 24
$49.0M
Gross Margin
FORTY
FORTY
SPXC
SPXC
Q4 25
39.8%
Q3 25
40.4%
Q2 25
41.4%
Q1 25
40.6%
Q4 24
40.9%
Q3 24
40.9%
Q2 24
40.1%
Q1 24
39.3%
Operating Margin
FORTY
FORTY
SPXC
SPXC
Q4 25
15.7%
Q3 25
16.4%
Q2 25
15.7%
Q1 25
13.8%
Q4 24
16.9%
Q3 24
16.3%
Q2 24
14.9%
Q1 24
13.9%
Net Margin
FORTY
FORTY
SPXC
SPXC
Q4 25
12.2%
Q3 25
10.6%
Q2 25
9.4%
Q1 25
10.6%
Q4 24
10.7%
Q3 24
10.4%
Q2 24
8.8%
Q1 24
10.5%
EPS (diluted)
FORTY
FORTY
SPXC
SPXC
Q4 25
$1.56
Q3 25
$1.28
Q2 25
$1.10
Q1 25
$1.09
Q4 24
$1.21
Q3 24
$1.06
Q2 24
$0.94
Q1 24
$1.05

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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