Forian (FORA) EBT Margin (2020 - 2026)
Forian (FORA) posted EBT Margin of 48.64% for Q1 2026, down 128.07% on a QoQ basis from 21.33% in Q4 2025, and down 3279.0% year-over-year from 1.53% in Q1 2025.
Forian (FORA) EBT Margin (2020 - 2026) Analysis & Trends
Forian's EBT Margin history runs 7 years deep, the most recent figure standing at 48.64% for Q1 2026.
- Quarterly EBT Margin fell 3279.0% year-over-year to 48.64% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.17% (up 45.0% YoY) and the FY2025 annual result came in at 8.75%, up 964.0% from the prior year.
- EBT Margin was 48.64% for Q1 2026 at Forian, down from 21.33% in the prior quarter.
- Across five years, EBT Margin topped out at 103.25% in Q3 2023 and bottomed at 291.74% in Q1 2022.
- A 5-year average of 37.12% and a median of 21.33% in 2025 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2023 — EBT Margin soared 25167 bps — and 2024, when it tumbled 10967 bps.
- Forian's EBT Margin stood at 38.15% in 2022, then soared by 84 bps to 5.94% in 2023, then jumped by 173 bps to 4.33% in 2024, then slumped by 593 bps to 21.33% in 2025, then plunged by 128 bps to 48.64% in 2026.
- Business Quant data shows FORA's EBT Margin at 48.64% in Q1 2026, 21.33% in Q4 2025, and 2.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.83 Bn | 24.52 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 14.58 Bn | 13.68 Bn | 482.22 Mn | 2.29% |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 26.06% |
| 4 | Hinge Health | 5.96 Bn | 5.65 Bn | 154.23 Mn | 19.72% |
| 5 | 10x Genomics | 5.79 Bn | 5.26 Bn | 106.18 Mn | -8.52% |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -10.99% |
| 7 | Waystar Holding | 4.49 Bn | 4.42 Bn | 216.84 Mn | 19.06% |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | 22.10% |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | 1.54% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -48.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -48.64% |
| Dec 31, 2025 | -21.33% |
| Sep 30, 2025 | -2.19% |
| Jun 30, 2025 | 4.55% |
| Mar 31, 2025 | -15.85% |
| Dec 31, 2024 | 4.33% |
| Sep 30, 2024 | -6.42% |
| Jun 30, 2024 | -53.28% |
| Mar 31, 2024 | -22.76% |
| Dec 31, 2023 | -5.94% |
| Sep 30, 2023 | 103.25% |
| Jun 30, 2023 | -17.05% |
| Mar 31, 2023 | -40.07% |
| Dec 31, 2022 | -38.15% |
| Sep 30, 2022 | -68.57% |
| Jun 30, 2022 | -111.11% |
| Mar 31, 2022 | -291.74% |
| Sep 30, 2021 | -141.52% |
| Jun 30, 2021 | -153.14% |
| Mar 31, 2021 | -278.64% |