Forian (FORA) EBITDA Margin (2020 - 2026)
Forian (FORA) reported EBITDA Margin of 50.85% for Q1 2026, down 3116.0% on a YoY basis from 1.69% in Q1 2025, and down 108.53% quarter-over-quarter from 24.39% in Q4 2025.
Forian (FORA) EBITDA Margin (2020 - 2026) Analysis & Trends
Forian has reported EBITDA Margin for 7 years, with the latest figure at 50.85% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 3116.0% year-over-year to 50.85%; the trailing twelve-month figure through Mar 2026 stood at 19.44% (up 1004.0% YoY), and the FY2025 full-year result was 12.38%, up 2214.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 50.85%, down from 24.39% in the prior quarter.
- The five-year high for EBITDA Margin was 0.67% in Q2 2025, with the low at 292.09% in Q1 2022.
- Historically, EBITDA Margin has averaged 49.37% across 5 years, with a median of 25.57% in 2023.
- Annual changes were most pronounced in 2023 — EBITDA Margin soared 24869 bps — and 2024, when it sank 3645 bps.
- Forian's EBITDA Margin stood at 37.41% in 2022, then surged by 62 bps to 14.23% in 2023, then sank by 74 bps to 24.81% in 2024, then gained by 2 bps to 24.39% in 2025, then tumbled by 109 bps to 50.85% in 2026.
- The last three EBITDA Margin figures came in at 50.85% (Q1 2026), 24.39% (Q4 2025), and 6.0% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 26.39% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 19.09% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 17.08% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -11.30% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 27.87% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 1.25% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 5.44% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -50.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.85% |
| Dec 31, 2025 | -24.39% |
| Sep 30, 2025 | -6.00% |
| Jun 30, 2025 | 0.67% |
| Mar 31, 2025 | -19.70% |
| Dec 31, 2024 | -24.81% |
| Sep 30, 2024 | -16.84% |
| Jun 30, 2024 | -62.02% |
| Mar 31, 2024 | -36.16% |
| Dec 31, 2023 | -14.23% |
| Sep 30, 2023 | -11.61% |
| Jun 30, 2023 | -25.57% |
| Mar 31, 2023 | -43.40% |
| Dec 31, 2022 | -37.41% |
| Sep 30, 2022 | -65.89% |
| Jun 30, 2022 | -109.03% |
| Mar 31, 2022 | -292.09% |
| Sep 30, 2021 | -141.52% |
| Jun 30, 2021 | -153.14% |
| Mar 31, 2021 | -431.39% |