How many employees work at Formax?
Formax, Inc. has approximately 640 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formax's total headcount has grown 0.2% from 638 employees in 2023 to 640 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is Formax hiring right now?
Yes, Formax is actively hiring. Formax had 36 active job postings in 2026, a 40.0% decline from 2025 — see job openings & hiring trends.
About Formax's Workforce
Formax, Inc. is an Automation Solutions company that employs 640 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2009, the company is headquartered in Chicago, Illinois.
Formax's workforce has held roughly steady from 2023 to 2026, though it is down 1.1% year over year in 2026. It fell to a low of 634 in 2023 Q3 before recovering. Its workforce is concentrated most in the United States (59.5%), followed by France (10.5%) and Switzerland (8.2%), with the United Kingdom, its fastest-growing location.
Formax's largest functional groups are Finance and Operations (44.8%), Engineering (31.5%), and Sales and Marketing (23.7%). Median employee tenure is 7.2 years. The average salary is $75,090, ranging from a median of $69,000 in Northern America to $12,000 in Southern America.
Formax's active job postings fell 40.0% in 2026 to 36, with new postings per month cooling from 36 in 2023 to 19 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
As of March 2026
Formax
workforce metrics
Headcount
640
1.1% YoY
Avg. Salary
$75.1k
3.7% YoY
Tenure
7.2yr
0.3yr YoY
Growth Rate
-1.1%
2.8pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formax. Compare to peers, export the dataset, and access the full quarterly history.
- Formax had 640 employees in 2026, a 1.1% decline (-7) from 2025.
- Formax had 652 employees in 2025, a 0.8% increase (+5) from 2024.
- Formax had 647 employees in 2024, a 1.5% increase (+10) from 2023.
- Formax had 637 employees in 2023, a 2.5% increase (+16) from 2022.
Formax's total workforce has grown from 638 employees in 2023 to 640 in 2026.
Formax, Inc. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 640 | -7 | -1.1% |
| 2025 | Q4 | 652 | +5 | +0.8% |
| 2025 | Q3 | 659 | +14 | +2.1% |
| 2025 | Q2 | 656 | +15 | +2.4% |
| 2025 | Q1 | 647 | +11 | +1.7% |
| 2024 | Q4 | 647 | +10 | +1.5% |
| 2024 | Q3 | 645 | +11 | +1.8% |
| 2024 | Q2 | 641 | +3 | +0.4% |
| 2024 | Q1 | 636 | +10 | +1.7% |
| 2023 | Q4 | 637 | +16 | +2.5% |
| 2023 | Q3 | 634 | +15 | +2.4% |
| 2023 | Q2 | 638 | +0 | +0.0% |
Want to see Formax's complete headcount history back to 2017, including quarterly breakdowns?
The United States accounts for the largest share of Formax's global workforce with approximately 60% of total employees, followed by France and Switzerland. Formax's headcount in the United Kingdom is growing fastest among its major locations, up 14.7% year over year in 2026.
Formax employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United States | 373 | 59.5% | -6.1% |
| France | 66 | 10.5% | +0.4% |
| Switzerland | 51 | 8.2% | +8.3% |
| Netherlands | 43 | 6.9% | +1.7% |
| Germany | 20 | 3.2% | -3.7% |
| China | 11 | 1.8% | +0.0% |
| United Kingdom | 10 | 1.7% | +14.7% |
| Thailand | 10 | 1.6% | +0.0% |
| Canada | 8 | 1.3% | +71.1% |
| Argentina | 6 | 0.9% | +67.8% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Formax's largest employee groups are Finance and Operations (44.8%), Engineering (31.5%), and Sales and Marketing (23.7%).
Formax employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 286 | 44.8% | -1.6% |
| Engineering | 200 | 31.5% | -1.2% |
| Sales and Marketing | 151 | 23.7% | -2.3% |
Compare Formax's department mix to industry peers.
Formax's average employee salary is $75,090 globally. Employees in Northern America receive the highest compensation. Pay is lowest in Southern America, at a median of $12,000.
Formax median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $69,000 |
| Western Europe | $65,000 |
| Southern Europe | $37,000 |
| Northern Europe | $35,000 |
| Eastern Asia | $29,000 |
| South-Eastern Asia | $22,000 |
| Central America and the Caribbean | $20,000 |
| Sub-Saharan Africa | $13,000 |
| Southern America | $12,000 |
Unlock salary by role, level, and city — and compare to Formax's industry peers.
- Formax had 36 active job postings in 2026, a 40.0% decline (+2) from 2025.
- Formax had 34 active job postings in 2025, a 21.1% decline (-8) from 2024.
- Formax had 42 active job postings in 2024, a 21.3% decline (-10) from 2023.
- Formax had 52 active job postings in 2023, a 9.2% decline from 2022.
- Hiring velocity in 2026: 19 new roles/month, down from 29 in 2025 and 29 in 2024. New metric
Formax's hiring is slowing: active job postings fell 40.0% in 2026 to 36, with new postings per month cooling from 36 in 2023 to 19 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Formax's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Automation Solutions Companies by Employee Count
- How fast is Formax growing?
- In 2026, Formax's headcount shrank 1.1% to 640 employees, down from 647 in 2025.
- Where are Formax employees located?
- Most Formax employees are based in the United States (59.5% of headcount), followed by France and Switzerland.
- What is the average salary at Formax?
- The average employee salary at Formax is approximately $75.1k per year.
- How many people does Formax hire per year?
- In 2026, Formax opened roughly 228 new roles — about 19 per month.
- When was Formax founded and where is it headquartered?
- Formax was founded in 2009 and is headquartered in Chicago, Illinois.
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