How many employees work at Formic?
Formic Technologies, Inc. has approximately 93 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formic’s total headcount has grown 6.2% from 88 employees in 2023 to 93 in 2026.
Is Formic hiring right now?
Yes, Formic is actively hiring. Formic had 90 active job postings in 2026, a 90.3% increase from 2025 — see job openings & hiring trends.
About Formic’s Workforce
Formic Technologies, Inc. is an Information Technology Services company that employs 93 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 2020, the company is headquartered in San Pablo, California.
Formic's workforce has grown 6.2% from 2023 to 2026, though it is down 0.5% year over year in 2026. It fell to a low of 55 in 2023 Q4 before recovering. Its workforce is concentrated most in North America (96.0%), followed by South America (2.7%) and Western Europe (1.3%).
Formic's functional groups are Finance and Operations (44.4%), Engineering (33.8%), and Sales and Marketing (21.8%), with Sales and Marketing growing fastest (up 13.2%). The average salary is $131,426, highest in North America at a median of $117,000, down 1.1% year over year in 2026.
Formic's active job postings rose 90.3% in 2026 to 90, with new postings per month climbing from 13 in 2023 to 36 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- San Pablo, California
- Founded
- 2020
- Industry
- Information Technology Services
- Employees
- 93
- YoY
- -0.5% (+19)
As of March 2026
Formic workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formic. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormic Annual Employee Count (2023-2026)
- Formic had 93 employees in 2026, a 0.5% decline (+19) from 2025.
- Formic had 83 employees in 2025, a 0.7% increase (+14) from 2024.
- Formic had 69 employees in 2024, a 4.5% decline (+14) from 2023.
- Formic had 55 employees in 2023, a 14.7% decline (-23) from 2022.
Formic's total workforce has grown from 88 employees in 2023 to 93 in 2026.
Formic Technologies, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 93 | +19 | -0.5% |
| 2025 | Q4 | 83 | +14 | +0.7% |
| 2025 | Q3 | 84 | +20 | -5.6% |
| 2025 | Q2 | 82 | +21 | -3.0% |
| 2025 | Q1 | 74 | +18 | -3.0% |
| 2024 | Q4 | 69 | +14 | -4.5% |
| 2024 | Q3 | 64 | -15 | -3.7% |
| 2024 | Q2 | 61 | -27 | -15.2% |
| 2024 | Q1 | 56 | -27 | -14.4% |
| 2023 | Q4 | 55 | -23 | -14.7% |
| 2023 | Q3 | 79 | +10 | -8.9% |
| 2023 | Q2 | 88 | +24 | +1.5% |
See Formic's complete headcount history, including quarterly breakdowns.
Get the DataFormic Employee Count by Region (2026)
North America accounts for the largest share of Formic's global workforce with approximately 96% of total employees, followed by South America and Western Europe.
Formic employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 82 | 96.0% |
| South America | 2 | 2.7% |
| Western Europe | 1 | 1.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormic Employee Count by Department (2026)
Formic's employee groups are Finance and Operations (44.4%), Engineering (33.8%), and Sales and Marketing (21.8%).
Formic employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 41 | 44.4% |
| Engineering | 32 | 33.8% |
| Sales and Marketing | 20 | 21.8% |
Compare Formic's department mix to industry peers.
See Full DataFormic Employee Salary by Region (2026)
Formic's average employee salary is $131,426 globally. Employees in North America receive the highest compensation.
Formic median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $117,000 |
Unlock salary by role, level, and city — and compare to Formic's industry peers.
Unlock Salary DataFormic Job Openings and Hiring Trends (2023-2026)
- Formic had 90 active job postings in 2026, a 90.3% increase (+69) from 2025.
- Formic had 21 active job postings in 2025, a 13.3% decline (-3) from 2024.
- Formic had 24 active job postings in 2024, a 8.7% increase (+2) from 2023.
- Formic had 22 active job postings in 2023, a 40.0% decline from 2022.
- Hiring velocity in 2026: 36 new roles/month, up from 19 in 2025 and 11 in 2024.
Formic's hiring is accelerating: active job postings rose 90.3% in 2026 to 90, with new postings per month climbing from 13 in 2023 to 36 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFormic Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Formic's workforce based on public professional data. Overall sentiment is neutral and has improved 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 Formic
- How fast is Formic growing?
- In 2026, Formic's headcount shrank 0.5% to 93 employees, up from 74 in 2025.
- See the full headcount history
- Where are Formic employees located?
- Most Formic employees are based in North America (96.0% of headcount), followed by South America and Western Europe.
- Explore where the workforce is based
- What is the average salary at Formic?
- The average employee salary at Formic is approximately $131.4k per year.
- Analyze the salary distribution
- How many new job postings does Formic open per year?
- In Q1 2026, Formic opened 107 new job postings. In 2025, Formic opened 224 new job postings — about 19 per month.
- Track hiring trends by role
- When was Formic founded and where is it headquartered?
- Formic was founded in 2020 and is headquartered in San Pablo, California.
- Compare Formic to industry peers
Speak with a workforce expert about Formic.
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