How many employees work at Formax?
Formax, Inc. has approximately 781 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Formax’s total headcount has grown 1.2% from 772 employees in 2023 to 781 in 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 781 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 2009, the company is headquartered in Chicago, Illinois.
Formax's workforce has grown 1.2% from 2023 to 2026, though it is down 2.4% year over year in 2026. It fell to a low of 760 in 2023 Q3 before recovering. Its workforce is concentrated most in North America (57.4%), followed by Western Europe (31.1%) and East Asia (2.9%).
Formax's functional groups are Finance and Operations (47.2%), Engineering (29.1%), and Sales and Marketing (23.7%). The average salary is $76,873, ranging from a median of $70,000 in North America to $18,000 in South America, down 1.2% year over year in 2026.
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.
- Headquarters
- Chicago, Illinois
- Founded
- 2009
- Industry
- Automation Solutions
- Employees
- 781
- YoY
- -2.4% (-13)
As of March 2026
Formax workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Formax. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFormax Annual Employee Count (2023-2026)
- Formax had 781 employees in 2026, a 2.4% decline (-13) from 2025.
- Formax had 793 employees in 2025, a 2.1% decline (+2) from 2024.
- Formax had 791 employees in 2024, a 0.2% increase (+28) from 2023.
- Formax had 763 employees in 2023, a 0.6% decline (+14) from 2022.
Formax's total workforce has grown from 772 employees in 2023 to 781 in 2026.
Formax, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 781 | -13 | -2.4% |
| 2025 | Q4 | 793 | +2 | -2.1% |
| 2025 | Q3 | 801 | +23 | -2.3% |
| 2025 | Q2 | 803 | +35 | +0.3% |
| 2025 | Q1 | 794 | +33 | +0.9% |
| 2024 | Q4 | 791 | +28 | +0.2% |
| 2024 | Q3 | 778 | +18 | -0.4% |
| 2024 | Q2 | 768 | -4 | -1.8% |
| 2024 | Q1 | 761 | +9 | -2.0% |
| 2023 | Q4 | 763 | +14 | -0.6% |
| 2023 | Q3 | 760 | +10 | +0.5% |
| 2023 | Q2 | 772 | -13 | -1.0% |
See Formax's complete headcount history, including quarterly breakdowns.
Get the DataFormax Employee Count by Region (2026)
North America accounts for the largest share of Formax's global workforce with approximately 57% of total employees, followed by Western Europe and East Asia.
Formax employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 440 | 57.4% |
| Western Europe | 238 | 31.1% |
| East Asia | 22 | 2.9% |
| South America | 18 | 2.3% |
| Southeast Asia | 17 | 2.2% |
| Northern Europe | 14 | 1.9% |
| Central America and the Caribbean | 8 | 1.1% |
| Southern Europe | 5 | 0.6% |
| Sub-Saharan Africa | 4 | 0.5% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFormax Employee Count by Department (2026)
Formax's employee groups are Finance and Operations (47.2%), Engineering (29.1%), and Sales and Marketing (23.7%).
Formax employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 369 | 47.2% |
| Engineering | 227 | 29.1% |
| Sales and Marketing | 185 | 23.7% |
Compare Formax's department mix to industry peers.
See Full DataFormax Employee Salary by Region (2026)
Formax's average employee salary is $76,873 globally. Employees in North America receive the highest compensation. Pay is lowest in South America, at a median of $18,000.
Formax median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $70,000 |
| Western Europe | $66,000 |
| Southern Europe | $44,000 |
| Central America and the Caribbean | $37,000 |
| Northern Europe | $35,000 |
| East Asia | $29,000 |
| Southeast Asia | $22,000 |
| South America | $18,000 |
Unlock salary by role, level, and city — and compare to Formax's industry peers.
Unlock Salary DataFormax Job Openings and Hiring Trends (2023-2026)
- 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.
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.
Unlock Hiring DataFormax Employee Sentiment (2026)
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.
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Frequently Asked Questions About Formax
- How fast is Formax growing?
- In 2026, Formax's headcount shrank 2.4% to 781 employees, down from 794 in 2025.
- See the full headcount history
- Where are Formax employees located?
- Most Formax employees are based in North America (57.4% of headcount), followed by Western Europe and East Asia.
- Explore where the workforce is based
- What is the average salary at Formax?
- The average employee salary at Formax is approximately $76.9k per year.
- Analyze the salary distribution
- How many new job postings does Formax open per year?
- In Q1 2026, Formax opened 56 new job postings. In 2025, Formax opened 349 new job postings — about 29 per month.
- Track hiring trends by role
- When was Formax founded and where is it headquartered?
- Formax was founded in 2009 and is headquartered in Chicago, Illinois.
- Compare Formax to industry peers
Speak with a workforce expert about Formax.
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