Forian (FORA) Gross Margin (2020 - 2026)
Forian (FORA) reported Gross Margin of 29.29% for Q1 2026, down 2632.0% on a YoY basis from 1.16% in Q1 2025, and down 40.48% quarter-over-quarter from 49.22% in Q4 2025.
Forian (FORA) Gross Margin (2020 - 2026) Analysis & Trends
Forian has reported Gross Margin for 7 years, with the latest figure at 29.29% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 2632.0% year-over-year to 29.29%; the trailing twelve-month figure through Mar 2026 stood at 64.98% (down 922.0% YoY), and the FY2025 full-year result was 53.21%, down 2528.0% from the prior year.
- Gross Margin for Q1 2026 stood at 29.29%, down from 49.22% in the prior quarter.
- The five-year high for Gross Margin was 109.96% in Q4 2024, with the low at 29.29% in Q1 2026.
- Historically, Gross Margin has averaged 72.56% across 5 years, with a median of 72.16% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin soared 3873 bps — and 2025, when it plunged 6074 bps.
- Forian's Gross Margin stood at 98.08% in 2022, then fell by 27 bps to 71.23% in 2023, then soared by 54 bps to 109.96% in 2024, then tumbled by 55 bps to 49.22% in 2025, then slumped by 40 bps to 29.29% in 2026.
- The last three Gross Margin figures came in at 29.29% (Q1 2026), 49.22% (Q4 2025), and 81.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 84.60% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 86.65% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 70.39% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 85.40% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 45.30% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 29.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.29% |
| Dec 31, 2025 | 49.22% |
| Sep 30, 2025 | 81.17% |
| Jun 30, 2025 | 97.66% |
| Mar 31, 2025 | 55.62% |
| Dec 31, 2024 | 109.96% |
| Sep 30, 2024 | 70.06% |
| Jun 30, 2024 | 62.18% |
| Mar 31, 2024 | 65.08% |
| Dec 31, 2023 | 71.23% |
| Sep 30, 2023 | 75.37% |
| Jun 30, 2023 | 75.33% |
| Mar 31, 2023 | 75.33% |
| Dec 31, 2022 | 98.08% |
| Sep 30, 2022 | 68.94% |
| Jun 30, 2022 | 72.16% |
| Mar 31, 2022 | 76.79% |
| Sep 30, 2021 | 73.03% |
| Jun 30, 2021 | 72.89% |
| Mar 31, 2021 | 42.78% |