Quick Answer
FORMULA SYSTEMS (1985) LTD reported R&D Expense of $84.38 million for fiscal year 2024.
FORMULA SYSTEMS (1985) LTD R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $84.38M | +8.2% |
| 2023 | $77.97M | +8.1% |
| 2022 | $72.13M | +9.5% |
| 2021 | $65.86M | +25.2% |
| 2020 | $52.60M | +12.7% |
| 2019 | $46.69M | +13.3% |
| 2018 | $41.22M | +3.4% |
| 2017 | $39.85M | +78.5% |
| 2016 | $22.33M | +47.6% |
| 2015 | $15.12M | +1821.6% |
| 2014 | $787.0K | -94.4% |
| 2013 | $14.17M | +14.7% |
| 2012 | $12.35M | +139.9% |
| 2011 | $5.15M | -6.5% |
| 2010 | $5.50M | +24.2% |
| 2009 | $4.43M | — |
- FORMULA SYSTEMS (1985) LTD showed an increase of +8.2% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2024 period, FORMULA SYSTEMS (1985) LTD’s r&d expense has grown by 1804.7% (from $4.43 million to $84.38 million).
- The most recent figure is from FORMULA SYSTEMS (1985) LTD’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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