Forian (FORA) Enterprise Value (2019 - 2026)
Forian (FORA) posted Enterprise Value of -$31.0 million for Q1 2026, up 1.9% on a QoQ basis from -$31.6 million in Q4 2025, and up 13.22% year-over-year from -$27.3 million in Q1 2025.
Forian (FORA) Enterprise Value (2019 - 2026) Analysis & Trends
Forian's Enterprise Value history runs 8 years deep, the most recent figure standing at -$31.0 million for Q1 2026.
- Quarterly Enterprise Value rose 13.22% year-over-year to -$31.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$31.0 million (up 13.22% YoY) and the FY2025 annual result came in at -$31.6 million, up 10.07% from the prior year.
- Enterprise Value was -$31.0 million for Q1 2026 at Forian, up from -$31.6 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$20.2 million in Q4 2022 and bottomed at -$49.4 million in Q3 2024.
- A 5-year average of -$36.0 million and a median of -$35.6 million in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value tumbled 168.79% — and 2025, when it surged 42.82%.
- Forian's Enterprise Value stood at -$20.2 million in 2022, then slumped by 139.4% to -$48.3 million in 2023, then climbed by 27.42% to -$35.1 million in 2024, then rose by 10.07% to -$31.6 million in 2025, then increased by 1.9% to -$31.0 million in 2026.
- Business Quant data shows FORA's Enterprise Value at -$31.0 million in Q1 2026, -$31.6 million in Q4 2025, and -$28.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.24 Bn | 24.93 Bn | 662.02 Mn | -7.31 Bn |
| 2 | BrightSpring Health Services | 14.58 Bn | 13.68 Bn | 482.22 Mn | -900.97 Mn |
| 3 | Healthequity | 8.32 Bn | 8.05 Bn | 256.31 Mn | -265.37 Mn |
| 4 | Hinge Health | 5.98 Bn | 5.66 Bn | 154.23 Mn | -315.87 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | -539.85 Mn |
| 6 | MiniMed | 4.50 Bn | 4.20 Bn | 480.00 Mn | -298.00 Mn |
| 7 | Waystar Holding | 4.48 Bn | 4.41 Bn | 216.84 Mn | -62.70 Mn |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | -748.60 Mn |
| 9 | Privia Health | 3.13 Bn | 2.72 Bn | - | -366.68 Mn |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -30.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -30.95 Mn |
| Dec 31, 2025 | -31.55 Mn |
| Sep 30, 2025 | -28.23 Mn |
| Jun 30, 2025 | -35.65 Mn |
| Mar 31, 2025 | -35.67 Mn |
| Dec 31, 2024 | -35.08 Mn |
| Sep 30, 2024 | -49.36 Mn |
| Jun 30, 2024 | -48.01 Mn |
| Mar 31, 2024 | -47.43 Mn |
| Dec 31, 2023 | -48.34 Mn |
| Sep 30, 2023 | -48.96 Mn |
| Jun 30, 2023 | -41.25 Mn |
| Mar 31, 2023 | -40.00 Mn |
| Dec 31, 2022 | -20.19 Mn |
| Sep 30, 2022 | -20.63 Mn |
| Jun 30, 2022 | -23.89 Mn |
| Mar 31, 2022 | -27.15 Mn |
| Dec 31, 2021 | -31.06 Mn |
| Sep 30, 2021 | -35.93 Mn |
| Jun 30, 2021 | -17.27 Mn |