Forian (FORA) Net Margin (2020 - 2026)
Forian (FORA) posted Net Margin of 49.07% for Q1 2026, down 114.49% on a QoQ basis from 22.88% in Q4 2025, and down 3312.0% year-over-year from 1.53% in Q1 2025.
Forian (FORA) Net Margin (2020 - 2026) Analysis & Trends
Forian's Net Margin history runs 6 years deep, the most recent figure standing at 49.07% for Q1 2026.
- Quarterly Net Margin fell 3312.0% year-over-year to 49.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.0% (down 1196.0% YoY) and the FY2025 annual result came in at 9.5%, up 921.0% from the prior year.
- Net Margin was 49.07% for Q1 2026 at Forian, down from 22.88% in the prior quarter.
- Across five years, Net Margin topped out at 3.01% in Q2 2025 and bottomed at 50.14% in Q3 2022.
- A 4-year average of 23.19% and a median of 21.49% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin jumped 22946 bps — and 2026, when it sank 3312 bps.
- Forian's Net Margin stood at 29.93% in 2022, then soared by 33 bps to 20.09% in 2023, then declined by 14 bps to 22.88% in 2025, then sank by 114 bps to 49.07% in 2026.
- Business Quant data shows FORA's Net Margin at 49.07% in Q1 2026, 22.88% in Q4 2025, and 1.95% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -8.93% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 18.66% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 0.61% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -49.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -49.07% |
| Dec 31, 2025 | -22.88% |
| Sep 30, 2025 | -1.95% |
| Jun 30, 2025 | 3.01% |
| Mar 31, 2025 | -15.96% |
| Sep 30, 2023 | -20.09% |
| Jun 30, 2023 | -0.64% |
| Mar 31, 2023 | -1.86% |
| Dec 31, 2022 | -29.93% |
| Sep 30, 2022 | -50.14% |
| Jun 30, 2022 | -39.56% |
| Mar 31, 2022 | -49.18% |
| Sep 30, 2021 | -141.52% |
| Jun 30, 2021 | -153.14% |
| Mar 31, 2021 | -278.64% |
| Dec 31, 2020 | -1,120.03% |
| Sep 30, 2020 | -728.46% |
| Jun 30, 2020 | -727.94% |
| Mar 31, 2020 | -1,012.70% |