Forian (FORA) FCF Margin (2020 - 2026)
Forian (FORA) reported FCF Margin of 8.0% for Q1 2026, down 1435.0% on a YoY basis from 0.6% in Q1 2025, and down 119.76% quarter-over-quarter from 40.47% in Q4 2025.
Forian (FORA) FCF Margin (2020 - 2026) Analysis & Trends
Forian has reported FCF Margin for 7 years, with the latest figure at 8.0% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1435.0% year-over-year to 8.0%; the trailing twelve-month figure through Mar 2026 stood at 6.29% (down 687.0% YoY), and the FY2025 full-year result was 9.54%, up 814.0% from the prior year.
- FCF Margin for Q1 2026 stood at 8.0%, down from 40.47% in the prior quarter.
- The five-year high for FCF Margin was 61.93% in Q4 2022, with the low at 110.54% in Q3 2022.
- Historically, FCF Margin has averaged 7.95% across 5 years, with a median of 4.88% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin soared 24053 bps — and 2023, when it plunged 7389 bps.
- Forian's FCF Margin stood at 61.93% in 2022, then sank by 119 bps to 11.95% in 2023, then soared by 352 bps to 30.11% in 2024, then jumped by 34 bps to 40.47% in 2025, then sank by 120 bps to 8.0% in 2026.
- The last three FCF Margin figures came in at 8.0% (Q1 2026), 40.47% (Q4 2025), and 5.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 3.30% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 23.01% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 23.62% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 73.79% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 17.24% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 22.17% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | -8.19% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 13.57% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -8.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.00% |
| Dec 31, 2025 | 40.47% |
| Sep 30, 2025 | -5.66% |
| Jun 30, 2025 | -4.61% |
| Mar 31, 2025 | 6.35% |
| Dec 31, 2024 | 30.11% |
| Sep 30, 2024 | 16.30% |
| Jun 30, 2024 | -0.48% |
| Mar 31, 2024 | -45.27% |
| Dec 31, 2023 | -11.95% |
| Sep 30, 2023 | 51.78% |
| Jun 30, 2023 | -4.88% |
| Mar 31, 2023 | -25.69% |
| Dec 31, 2022 | 61.93% |
| Sep 30, 2022 | -110.54% |
| Jun 30, 2022 | -14.74% |
| Mar 31, 2022 | -110.34% |
| Sep 30, 2021 | -107.19% |
| Jun 30, 2021 | -106.28% |
| Mar 31, 2021 | -350.87% |