Forian (FORA) Operating Expenses (2020 - 2026)
Forian (FORA) reported Operating Expenses of $10.3 million for Q1 2026, up 22.34% on a YoY basis from $8.5 million in Q1 2025, and up 4.35% quarter-over-quarter from $9.9 million in Q4 2025.
Forian (FORA) Operating Expenses (2020 - 2026) Analysis & Trends
Forian has reported Operating Expenses for 7 years, with the latest figure at $10.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 22.34% year-over-year to $10.3 million; the trailing twelve-month figure through Mar 2026 stood at $35.9 million (up 24.08% YoY), and the FY2025 full-year result was $34.0 million, up 25.35% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.3 million, up from $9.9 million in the prior quarter.
- The five-year high for Operating Expenses was $13.9 million in Q1 2022, with the low at $5.5 million in Q3 2024.
- Historically, Operating Expenses has averaged $7.8 million across 5 years, with a median of $7.3 million in 2023.
- The largest YoY upside for Operating Expenses was 105.72% in 2022 against a maximum downside of 50.93% in 2022.
- Forian's Operating Expenses stood at $6.8 million in 2022, then decreased by 7.82% to $6.3 million in 2023, then rose by 15.35% to $7.3 million in 2024, then soared by 36.46% to $9.9 million in 2025, then climbed by 4.35% to $10.3 million in 2026.
- The last three Operating Expenses figures came in at $10.3 million (Q1 2026), $9.9 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 101.14 Mn |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 233.41 Mn |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 10.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.34 Mn |
| Dec 31, 2025 | 9.91 Mn |
| Sep 30, 2025 | 8.23 Mn |
| Jun 30, 2025 | 7.43 Mn |
| Mar 31, 2025 | 8.45 Mn |
| Dec 31, 2024 | 7.26 Mn |
| Sep 30, 2024 | 5.48 Mn |
| Jun 30, 2024 | 7.75 Mn |
| Mar 31, 2024 | 6.65 Mn |
| Dec 31, 2023 | 6.29 Mn |
| Sep 30, 2023 | 6.17 Mn |
| Jun 30, 2023 | 6.40 Mn |
| Mar 31, 2023 | 7.28 Mn |
| Dec 31, 2022 | 6.83 Mn |
| Sep 30, 2022 | 7.15 Mn |
| Jun 30, 2022 | 7.53 Mn |
| Mar 31, 2022 | 13.86 Mn |
| Dec 31, 2021 | 13.92 Mn |
| Sep 30, 2021 | 12.31 Mn |
| Jun 30, 2021 | 11.53 Mn |