How many employees work at Formidium?
Formidium Corp. has approximately 657 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formidium’s total headcount has declined 42.4% from 1,142 employees in 2023 to 657 in 2026.
Is Formidium hiring right now?
Yes, Formidium is actively hiring. Formidium had 1 active job postings in 2026, a 200.0% increase from 2025 — see job openings & hiring trends.
About Formidium’s Workforce
Formidium Corp. is a Financial Services company that employs 657 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 2016, the company is headquartered in Downers Grove, Illinois.
Formidium's workforce has declined 42.4% from 2023 to 2026, down 15.1% year over year in 2026. It fell to a low of 657 in 2026 Q1 before recovering. Its workforce is concentrated most in South Asia (94.4%), followed by North America (5.0%) and Northern Europe (0.4%).
Formidium's functional groups are Engineering (45.2%), Finance and Operations (32.9%), and Sales and Marketing (21.8%). The average salary is $24,709, ranging from a median of $155,000 in North America to $12,000 in South Asia, up 12.7% year over year in 2026.
Formidium's active job postings rose 200.0% in 2026 to 1, with new postings per month cooling from 1 in 2023 to 0 in 2026. Overall employee sentiment is negative but improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- Downers Grove, Illinois
- Founded
- 2016
- Industry
- Financial Services
- Employees
- 657
- YoY
- -15.1% (-172)
As of March 2026
Formidium workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formidium. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormidium Annual Employee Count (2023-2026)
- Formidium had 657 employees in 2026, a 15.1% decline (-172) from 2025.
- Formidium had 683 employees in 2025, a 13.3% decline (-176) from 2024.
- Formidium had 859 employees in 2024, a 3.2% decline (-171) from 2023.
- Formidium had 1,030 employees in 2023, a 5.0% decline (-316) from 2022.
Formidium's total workforce has declined from 1,142 employees in 2023 to 657 in 2026.
Formidium Corp. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 657 | -172 | -15.1% |
| 2025 | Q4 | 683 | -176 | -13.3% |
| 2025 | Q3 | 729 | -196 | -11.5% |
| 2025 | Q2 | 783 | -151 | -8.0% |
| 2025 | Q1 | 829 | -129 | -3.0% |
| 2024 | Q4 | 859 | -171 | -3.2% |
| 2024 | Q3 | 925 | -202 | -3.2% |
| 2024 | Q2 | 934 | -208 | -2.3% |
| 2024 | Q1 | 958 | -288 | -4.3% |
| 2023 | Q4 | 1,030 | -316 | -5.0% |
| 2023 | Q3 | 1,127 | -315 | -5.2% |
| 2023 | Q2 | 1,142 | -356 | -6.4% |
See Formidium's complete headcount history, including quarterly breakdowns.
Get the DataFormidium Employee Count by Region (2026)
South Asia accounts for the largest share of Formidium's global workforce with approximately 94% of total employees, followed by North America and Northern Europe.
Formidium employees by region
| Region | Employees | % of Total |
|---|---|---|
| South Asia | 612 | 94.4% |
| North America | 32 | 5.0% |
| Northern Europe | 2 | 0.4% |
| East Asia | 1 | 0.2% |
| Southern Europe | 1 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormidium Employee Count by Department (2026)
Formidium's employee groups are Engineering (45.2%), Finance and Operations (32.9%), and Sales and Marketing (21.8%).
Formidium employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 296 | 45.2% |
| Finance and Operations | 215 | 32.9% |
| Sales and Marketing | 143 | 21.8% |
Compare Formidium's department mix to industry peers.
See Full DataFormidium Employee Salary by Region (2026)
Formidium's average employee salary is $24,709 globally. Employees in North America receive the highest compensation, with median pay approximately 6.3x the global average. Pay is lowest in South Asia, at a median of $12,000.
Formidium median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $155,000 |
| South Asia | $12,000 |
Unlock salary by role, level, and city — and compare to Formidium's industry peers.
Unlock Salary DataFormidium Job Openings and Hiring Trends (2023-2026)
- Formidium had 1 active job postings in 2026, a 200.0% increase (-1) from 2025.
- Formidium had 2 active job postings in 2025, a 200.0% increase (+2) from 2024.
- Formidium had 0 active job postings in 2024, a 200.0% decline (-1) from 2023.
- Formidium had 1 active job postings in 2023, a 200.0% increase from 2022.
- Hiring velocity in 2026: 0 new roles/month, up from 0 in 2025 and 0 in 2024.
Formidium's active job postings rose 200.0% in 2026 to 1, with new postings per month cooling from 1 in 2023 to 0 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFormidium Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Formidium's workforce based on public professional data. Overall sentiment is negative and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
Similar Financial Services Companies by Employee Count
Frequently Asked Questions About Formidium
- How fast is Formidium growing?
- In 2026, Formidium's headcount shrank 15.1% to 657 employees, down from 829 in 2025.
- See the full headcount history
- Where are Formidium employees located?
- Most Formidium employees are based in South Asia (94.4% of headcount), followed by North America and Northern Europe.
- Explore where the workforce is based
- What is the average salary at Formidium?
- The average employee salary at Formidium is approximately $24.7k per year.
- Analyze the salary distribution
- How many new job postings does Formidium open per year?
- In Q1 2026, Formidium opened 0 new job postings. In 2025, Formidium opened 4 new job postings — about 0 per month.
- Track hiring trends by role
- When was Formidium founded and where is it headquartered?
- Formidium was founded in 2016 and is headquartered in Downers Grove, Illinois.
- Compare Formidium to industry peers
Speak with a workforce expert about Formidium.
Book a DemoSee something that doesn't look right? Reach out and our team will review it.