Forian (FORA) EBITDA (2020 - 2026)

Forian (FORA) reported EBITDA of -$3.5 million for Q1 2026, down 150.69% on a YoY basis from $6.9 million in Q1 2025, and down 79.42% quarter-over-quarter from -$1.9 million in Q4 2025.

Forian (FORA) EBITDA (2020 - 2026) Analysis & Trends

Forian has reported EBITDA for 7 years, with the latest figure at -$3.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 150.69% year-over-year to -$3.5 million; the trailing twelve-month figure through Mar 2026 stood at -$5.8 million (up 11.28% YoY), and the FY2025 full-year result was -$3.7 million, up 46.14% from the prior year.
  • EBITDA for Q1 2026 stood at -$3.5 million, down from -$1.9 million in the prior quarter.
  • The five-year high for EBITDA was $50330.0 in Q2 2025, with the low at -$10.3 million in Q1 2022.
  • Historically, EBITDA has averaged -$2.2 million across 5 years, with a median of -$1.8 million in 2024.
  • Annual changes were most pronounced in 2025 — EBITDA soared 101.7% — and 2026, when it slumped 150.69%.
  • Forian's EBITDA stood at -$1.9 million in 2022, then jumped by 57.83% to -$784069.0 in 2023, then slumped by 83.95% to -$1.4 million in 2024, then sank by 34.63% to -$1.9 million in 2025, then plunged by 79.42% to -$3.5 million in 2026.
  • The last three EBITDA figures came in at -$3.5 million (Q1 2026), -$1.9 million (Q4 2025), and -$465847.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Veeva Systems 27.35 Bn 20.79 Bn 662.02 Mn 232.98 Mn
2 BrightSpring Health Services 12.12 Bn 11.24 Bn 482.22 Mn 121.45 Mn
3 Healthequity 7.42 Bn 7.15 Bn 256.31 Mn 102.95 Mn
4 Hinge Health 4.95 Bn 4.64 Bn 154.23 Mn 34.80 Mn
5 Doximity 3.80 Bn 3.05 Bn 125.97 Mn 24.83 Mn
6 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -17.05 Mn
7 Waystar Holding 3.65 Bn 3.49 Bn 268.04 Mn 87.47 Mn
8 Privia Health 2.66 Bn 2.29 Bn 595.71 Mn 7.57 Mn
9 Omnicell 1.90 Bn 1.73 Bn 140.36 Mn 16.85 Mn
10 Forian 67.60 Mn 36.65 Mn 2.01 Mn -3.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.48 Mn
Dec 31, 2025 -1.94 Mn
Sep 30, 2025 -465,847.00
Jun 30, 2025 50,330.00
Mar 31, 2025 -1.39 Mn
Dec 31, 2024 -1.44 Mn
Sep 30, 2024 -789,200.00
Jun 30, 2024 -2.96 Mn
Mar 31, 2024 -1.76 Mn
Dec 31, 2023 -784,069.00
Sep 30, 2023 -642,268.00
Jun 30, 2023 -1.30 Mn
Mar 31, 2023 -2.20 Mn
Dec 31, 2022 -1.86 Mn
Sep 30, 2022 -2.84 Mn
Jun 30, 2022 -3.93 Mn
Mar 31, 2022 -10.33 Mn
Dec 31, 2021 -8.17 Mn
Sep 30, 2021 -7.02 Mn
Jun 30, 2021 -6.96 Mn