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
DateValue
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%