Forian (FORA) Net Margin (2020 - 2026)

Forian (FORA) reported Net Margin of 49.07% for Q1 2026, down 3312.0% on a YoY basis from 1.53% in Q1 2025, and down 574.03% quarter-over-quarter from 10.35% in Q4 2025.

Forian (FORA) Net Margin (2020 - 2026) Analysis & Trends

Forian has reported Net Margin for 6 years, with the latest figure at 49.07% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 3312.0% year-over-year to 49.07%; the trailing twelve-month figure through Mar 2026 stood at 8.2% (down 316.0% YoY), and the FY2025 full-year result was 9.5%, up 921.0% from the prior year.
  • Net Margin for Q1 2026 stood at 49.07%, down from 10.35% in the prior quarter.
  • The five-year high for Net Margin was 172.33% in Q1 2023, with the low at 50.14% in Q3 2022.
  • Historically, Net Margin has averaged 5.77% across 4 years, with a median of 18.02% in 2023.
  • Annual changes were most pronounced in 2022 — Net Margin jumped 38792 bps — and 2026, when it slumped 3312 bps.
  • Forian's Net Margin stood at 34.0% in 2022, then jumped by 41 bps to 20.09% in 2023, then jumped by 152 bps to 10.35% in 2025, then plunged by 574 bps to 49.07% in 2026.
  • The last three Net Margin figures came in at 49.07% (Q1 2026), 10.35% (Q4 2025), and 1.95% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 27.42 Bn 20.11 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 12.49 Bn 11.61 Bn 482.22 Mn 2.06%
3 Healthequity 7.54 Bn 7.28 Bn 256.31 Mn 19.57%
4 Hinge Health 4.94 Bn 4.63 Bn 154.23 Mn 18.66%
5 10x Genomics 3.92 Bn 3.38 Bn 106.18 Mn -8.93%
6 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 13.15%
7 Waystar Holding 3.67 Bn 3.51 Bn 268.04 Mn 13.80%
8 Privia Health 2.75 Bn 2.38 Bn 595.71 Mn 0.61%
9 Omnicell 1.85 Bn 1.67 Bn 140.36 Mn 3.68%
10 Forian 67.60 Mn 36.65 Mn 2.01 Mn -49.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 -49.07%
Dec 31, 2025 10.35%
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 172.33%
Dec 31, 2022 -34.00%
Sep 30, 2022 -50.14%
Jun 30, 2022 -39.56%
Mar 31, 2022 -43.46%
Sep 30, 2021 -141.52%
Jun 30, 2021 -153.14%
Mar 31, 2021 -431.39%
Dec 31, 2020 -1,120.03%
Sep 30, 2020 -728.46%
Jun 30, 2020 -727.94%
Mar 31, 2020 -1,012.70%