How many employees work at Formation?
Formation, Inc. (California) has approximately 14 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formation’s total headcount has declined 27.7% from 20 employees in 2023 to 14 in 2026.
About Formation’s Workforce
Formation, Inc. (California) is an Information Technology Services company that employs 14 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2015, the company is headquartered in San Francisco, California.
Formation's workforce has declined 27.7% from 2023 to 2026, down 6.4% year over year in 2026. It fell to a low of 14 in 2025 Q4 before recovering. Its workforce is concentrated most in Western Europe (49.6%), followed by Sub-Saharan Africa (25.9%) and North America (14.0%).
Formation's functional groups are Finance and Operations (80.7%), Sales and Marketing (11.4%), and Engineering (7.9%). The average salary is $64,715, ranging from a median of $59,000 in Western Europe to $37,000 in Sub-Saharan Africa, down 13.2% year over year in 2026.
Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Headquarters
- San Francisco, California
- Founded
- 2015
- Industry
- Information Technology Services
- Employees
- 14
- YoY
- -6.4% (-1)
As of March 2026
Formation workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formation. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormation Annual Employee Count (2023-2026)
- Formation had 14 employees in 2026, a 6.4% decline (-1) from 2025.
- Formation had 14 employees in 2025, a 12.3% decline (-2) from 2024.
- Formation had 16 employees in 2024, a 5.7% decline (-3) from 2023.
- Formation had 19 employees in 2023, a 10.1% decline (-2) from 2022.
Formation's total workforce has declined from 20 employees in 2023 to 14 in 2026.
Formation, Inc. (California) quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 14 | -1 | -6.4% |
| 2025 | Q4 | 14 | -2 | -12.3% |
| 2025 | Q3 | 15 | -3 | -5.2% |
| 2025 | Q2 | 15 | -3 | -5.7% |
| 2025 | Q1 | 15 | -3 | -5.7% |
| 2024 | Q4 | 16 | -3 | -5.7% |
| 2024 | Q3 | 18 | -2 | -10.7% |
| 2024 | Q2 | 18 | -2 | -10.7% |
| 2024 | Q1 | 18 | -3 | -15.7% |
| 2023 | Q4 | 19 | -2 | -10.1% |
| 2023 | Q3 | 20 | -3 | -4.7% |
| 2023 | Q2 | 20 | -34 | -23.4% |
See Formation's complete headcount history, including quarterly breakdowns.
Get the DataFormation Employee Count by Region (2026)
Western Europe accounts for the largest share of Formation's global workforce with approximately 50% of total employees, followed by Sub-Saharan Africa and North America.
Formation employees by region
| Region | Employees | % of Total |
|---|---|---|
| Western Europe | 7 | 49.6% |
| Sub-Saharan Africa | 4 | 25.9% |
| North America | 2 | 14.0% |
| South Asia | 1 | 5.4% |
| North Africa | 1 | 5.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormation Employee Count by Department (2026)
Formation's employee groups are Finance and Operations (80.7%), Sales and Marketing (11.4%), and Engineering (7.9%).
Formation employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 8 | 80.7% |
| Sales and Marketing | 1 | 11.4% |
| Engineering | 1 | 7.9% |
Compare Formation's department mix to industry peers.
See Full DataFormation Employee Salary by Region (2026)
Formation's average employee salary is $64,715 globally. Employees in Western Europe receive the highest compensation. Pay is lowest in Sub-Saharan Africa, at a median of $37,000.
Formation median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Western Europe | $59,000 |
| Sub-Saharan Africa | $37,000 |
Unlock salary by role, level, and city — and compare to Formation's industry peers.
Unlock Salary DataFormation Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Formation's workforce based on public professional data. Overall sentiment is neutral 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 Formation
- How fast is Formation growing?
- In 2026, Formation's headcount shrank 6.4% to 14 employees, down from 15 in 2025.
- See the full headcount history
- Where are Formation employees located?
- Most Formation employees are based in Western Europe (49.6% of headcount), followed by Sub-Saharan Africa and North America.
- Explore where the workforce is based
- What is the average salary at Formation?
- The average employee salary at Formation is approximately $64.7k per year.
- Analyze the salary distribution
- When was Formation founded and where is it headquartered?
- Formation was founded in 2015 and is headquartered in San Francisco, California.
- Compare Formation to industry peers
Speak with a workforce expert about Formation.
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