Forian (FORA) Cost of Revenue (2020 - 2026)
Forian (FORA) reported Cost of Revenue of $4.8 million for Q1 2026, up 54.68% on a YoY basis from $3.1 million in Q1 2025, and up 19.8% quarter-over-quarter from $4.0 million in Q4 2025.
Forian (FORA) Cost of Revenue (2020 - 2026) Analysis & Trends
Forian has reported Cost of Revenue for 7 years, with the latest figure at $4.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 54.68% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $10.5 million (up 82.63% YoY), and the FY2025 full-year result was $14.2 million, up 226.62% from the prior year.
- Cost of Revenue for Q1 2026 stood at $4.8 million, up from $4.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $4.8 million in Q1 2026, with the low at -$578906.0 in Q4 2024.
- Historically, Cost of Revenue has averaged $1.6 million across 5 years, with a median of $1.4 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 1559.57% — and 2024, when it sank 136.51%.
- Forian's Cost of Revenue stood at $95540.0 in 2022, then jumped by 1559.57% to $1.6 million in 2023, then sank by 136.51% to -$578906.0 in 2024, then soared by 798.47% to $4.0 million in 2025, then gained by 19.8% to $4.8 million in 2026.
- The last three Cost of Revenue figures came in at $4.8 million (Q1 2026), $4.0 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 26.86 Bn | 19.54 Bn | 662.02 Mn | 111.12 Mn |
| 2 | BrightSpring Health Services | 12.40 Bn | 11.52 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.57 Bn | 7.31 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 4.86 Bn | 4.55 Bn | 154.23 Mn | 28.07 Mn |
| 5 | Doximity | 3.78 Bn | 3.03 Bn | 125.97 Mn | 112.73 Mn |
| 6 | 10x Genomics | 3.73 Bn | 3.19 Bn | 106.18 Mn | 44.67 Mn |
| 7 | Waystar Holding | 3.61 Bn | 3.45 Bn | 268.04 Mn | 45.83 Mn |
| 8 | Privia Health | 2.84 Bn | 2.47 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.73 Bn | 1.56 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 4.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.84 Mn |
| Mar 31, 2026 | 4.84 Mn |
| Dec 31, 2025 | 4.04 Mn |
| Dec 31, 2025 | 4.04 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 175,000.00 |
| Jun 30, 2025 | 175,000.00 |
| Mar 31, 2025 | 3.13 Mn |
| Mar 31, 2025 | 3.13 Mn |
| Dec 31, 2024 | -578,906.00 |
| Dec 31, 2024 | -578,906.00 |
| Sep 30, 2024 | 1.40 Mn |
| Sep 30, 2024 | 1.40 Mn |
| Jun 30, 2024 | 1.81 Mn |
| Jun 30, 2024 | 1.81 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Dec 31, 2023 | 1.59 Mn |
| Dec 31, 2023 | 1.59 Mn |