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
DateValue
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%