How many employees work at Formations?
Formations Corp. has approximately 77 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formations’s total headcount has grown 5.6% from 73 employees in 2023 to 77 in 2026.
Is Formations hiring right now?
Yes, Formations is actively hiring. Formations had 6 active job postings in 2026, a 15.4% decline from 2025 — see job openings & hiring trends.
About Formations’s Workforce
Formations Corp. is an Information Technology Services company that employs 77 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 2020, the company is headquartered in Bellevue, Washington.
Formations's workforce has grown 5.6% from 2023 to 2026, though it is down 2.9% year over year in 2026. It fell to a low of 68 in 2024 Q3 before recovering. Its workforce is concentrated most in North America (86.6%), followed by South Asia (5.6%) and Sub-Saharan Africa (4.3%).
Formations's functional groups are Finance and Operations (36.6%), Sales and Marketing (32.4%), and Engineering (31.0%), with Sales and Marketing growing fastest (up 2.6%). The average salary is $85,142, ranging from a median of $95,000 in North America to $6,000 in South Asia, down 4.8% year over year in 2026.
Formations's active job postings fell 15.4% in 2026 to 6, with new postings per month climbing from 1 in 2023 to 3 in 2026. Overall employee sentiment is negative and broadly stable.
Sourced from Revelio Labs workforce data.
- Headquarters
- Bellevue, Washington
- Founded
- 2020
- Industry
- Information Technology Services
- Employees
- 77
- YoY
- -2.9% (+3)
As of March 2026
Formations workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formations. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormations Annual Employee Count (2023-2026)
- Formations had 77 employees in 2026, a 2.9% decline (+3) from 2025.
- Formations had 78 employees in 2025, a 3.2% increase (+8) from 2024.
- Formations had 70 employees in 2024, a 0.5% increase (-4) from 2023.
- Formations had 74 employees in 2023, a 14.3% decline (-25) from 2022.
Formations's total workforce has grown from 73 employees in 2023 to 77 in 2026.
Formations Corp. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 77 | +3 | -2.9% |
| 2025 | Q4 | 78 | +8 | +3.2% |
| 2025 | Q3 | 78 | +10 | +9.9% |
| 2025 | Q2 | 81 | +9 | +13.5% |
| 2025 | Q1 | 74 | -1 | +4.7% |
| 2024 | Q4 | 70 | -4 | +0.5% |
| 2024 | Q3 | 68 | -6 | -0.5% |
| 2024 | Q2 | 72 | -1 | -0.1% |
| 2024 | Q1 | 75 | -22 | -12.8% |
| 2023 | Q4 | 74 | -25 | -14.3% |
| 2023 | Q3 | 74 | -31 | -17.4% |
| 2023 | Q2 | 73 | -27 | -16.6% |
See Formations's complete headcount history, including quarterly breakdowns.
Get the DataFormations Employee Count by Region (2026)
North America accounts for the largest share of Formations's global workforce with approximately 87% of total employees, followed by South Asia and Sub-Saharan Africa.
Formations employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 67 | 86.6% |
| South Asia | 4 | 5.6% |
| Sub-Saharan Africa | 3 | 4.3% |
| North Africa | 2 | 2.2% |
| Western Europe | 1 | 1.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormations Employee Count by Department (2026)
Formations's employee groups are Finance and Operations (36.6%), Sales and Marketing (32.4%), and Engineering (31.0%).
Formations employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 27 | 36.6% |
| Sales and Marketing | 24 | 32.4% |
| Engineering | 23 | 31.0% |
Compare Formations's department mix to industry peers.
See Full DataFormations Employee Salary by Region (2026)
Formations's average employee salary is $85,142 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $6,000.
Formations median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $95,000 |
| South Asia | $6,000 |
Unlock salary by role, level, and city — and compare to Formations's industry peers.
Unlock Salary DataFormations Job Openings and Hiring Trends (2023-2026)
- Formations had 6 active job postings in 2026, a 15.4% decline (-6) from 2025.
- Formations had 12 active job postings in 2025, a 120.0% increase (+9) from 2024.
- Formations had 3 active job postings in 2024, a 0% no change from 2023.
- Formations had 3 active job postings in 2023, a 66.7% decline from 2022.
- Hiring velocity in 2026: 3 new roles/month, down from 4 in 2025 and 1 in 2024.
Formations's active job postings fell 15.4% in 2026 to 6, with new postings per month climbing from 1 in 2023 to 3 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFormations Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Formations'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 Formations
- How fast is Formations growing?
- In 2026, Formations's headcount shrank 2.9% to 77 employees, up from 74 in 2025.
- See the full headcount history
- Where are Formations employees located?
- Most Formations employees are based in North America (86.6% of headcount), followed by South Asia and Sub-Saharan Africa.
- Explore where the workforce is based
- What is the average salary at Formations?
- The average employee salary at Formations is approximately $85.1k per year.
- Analyze the salary distribution
- How many new job postings does Formations open per year?
- In Q1 2026, Formations opened 9 new job postings. In 2025, Formations opened 50 new job postings — about 4 per month.
- Track hiring trends by role
- When was Formations founded and where is it headquartered?
- Formations was founded in 2020 and is headquartered in Bellevue, Washington.
- Compare Formations to industry peers
Speak with a workforce expert about Formations.
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