How many employees work at Formant?
Formant, Inc. has approximately 34 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formant’s total headcount has declined 35.2% from 53 employees in 2023 to 34 in 2026.
Is Formant hiring right now?
Yes, Formant is actively hiring. Formant had 3 active job postings in 2026, a 40.0% increase from 2025 — see job openings & hiring trends.
About Formant’s Workforce
Formant, Inc. is an Information Technology Services company that employs 34 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 2017, the company is headquartered in Mill Valley, California.
Formant's workforce has declined 35.2% from 2023 to 2026, down 17.9% year over year in 2026. It fell to a low of 32 in 2025 Q4 before recovering. Its workforce is concentrated most in North America (64.1%), followed by South Asia (9.7%) and Eastern Europe (9.6%).
Formant's functional groups are Finance and Operations (46.7%), Engineering (30.3%), and Sales and Marketing (23.0%), with Engineering growing fastest (up 7.9%). The average salary is $147,995, highest in North America at a median of $190,000, up 13.2% year over year in 2026.
Formant's active job postings rose 40.0% in 2026 to 3, with new postings per month cooling from 5 in 2023 to 4 in 2026. Overall employee sentiment is negative and broadly stable.
Sourced from Revelio Labs workforce data.
- Headquarters
- Mill Valley, California
- Founded
- 2017
- Industry
- Information Technology Services
- Employees
- 34
- YoY
- -17.9% (-15)
As of March 2026
Formant workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formant. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormant Annual Employee Count (2023-2026)
- Formant had 34 employees in 2026, a 17.9% decline (-15) from 2025.
- Formant had 32 employees in 2025, a 24.9% decline (-30) from 2024.
- Formant had 62 employees in 2024, a 3.2% increase (+8) from 2023.
- Formant had 54 employees in 2023, a 5.6% decline (+5) from 2022.
Formant's total workforce has grown from 32 employees in 2025 to 34 in 2026. Formant's headcount peaked at 63 in 2024 before declining in 2025 and recovering through 2026.
Formant, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 34 | -15 | -17.9% |
| 2025 | Q4 | 32 | -30 | -24.9% |
| 2025 | Q3 | 34 | -27 | -20.9% |
| 2025 | Q2 | 36 | -27 | -20.8% |
| 2025 | Q1 | 49 | -12 | -8.0% |
| 2024 | Q4 | 62 | +8 | +3.2% |
| 2024 | Q3 | 61 | +7 | +0.3% |
| 2024 | Q2 | 63 | +10 | +2.6% |
| 2024 | Q1 | 61 | +5 | -3.2% |
| 2023 | Q4 | 54 | +5 | -5.6% |
| 2023 | Q3 | 54 | +14 | -2.0% |
| 2023 | Q2 | 53 | +14 | +0.2% |
See Formant's complete headcount history, including quarterly breakdowns.
Get the DataFormant Employee Count by Region (2026)
North America accounts for the largest share of Formant's global workforce with approximately 64% of total employees, followed by South Asia and Eastern Europe.
Formant employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 19 | 64.1% |
| South Asia | 3 | 9.7% |
| Eastern Europe | 3 | 9.6% |
| Arab States | 2 | 8.4% |
| Southeast Asia | 1 | 4.3% |
| South America | 1 | 3.9% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormant Employee Count by Department (2026)
Formant's employee groups are Finance and Operations (46.7%), Engineering (30.3%), and Sales and Marketing (23.0%).
Formant employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 15 | 46.7% |
| Engineering | 10 | 30.3% |
| Sales and Marketing | 7 | 23.0% |
Compare Formant's department mix to industry peers.
See Full DataFormant Employee Salary by Region (2026)
Formant's average employee salary is $147,995 globally. Employees in North America receive the highest compensation, with median pay approximately 1.3x the global average.
Formant median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $190,000 |
Unlock salary by role, level, and city — and compare to Formant's industry peers.
Unlock Salary DataFormant Job Openings and Hiring Trends (2023-2026)
- Formant had 3 active job postings in 2026, a 40.0% increase (-4) from 2025.
- Formant had 7 active job postings in 2025, a 54.5% increase (+3) from 2024.
- Formant had 4 active job postings in 2024, a 115.8% decline (-11) from 2023.
- Formant had 15 active job postings in 2023, a 115.8% increase from 2022.
- Hiring velocity in 2026: 4 new roles/month, up from 2 in 2025 and 3 in 2024.
Formant's active job postings rose 40.0% in 2026 to 3, with new postings per month cooling from 5 in 2023 to 4 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFormant Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Formant's workforce based on public professional data. Overall sentiment is negative and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Formant
- How fast is Formant growing?
- In 2026, Formant's headcount shrank 17.9% to 34 employees, down from 49 in 2025.
- See the full headcount history
- Where are Formant employees located?
- Most Formant employees are based in North America (64.1% of headcount), followed by South Asia and Eastern Europe.
- Explore where the workforce is based
- What is the average salary at Formant?
- The average employee salary at Formant is approximately $148k per year.
- Analyze the salary distribution
- How many new job postings does Formant open per year?
- In Q1 2026, Formant opened 12 new job postings. In 2025, Formant opened 19 new job postings — about 2 per month.
- Track hiring trends by role
- When was Formant founded and where is it headquartered?
- Formant was founded in 2017 and is headquartered in Mill Valley, California.
- Compare Formant to industry peers
Speak with a workforce expert about Formant.
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