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
DateValue
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