Forian (FORA) Operating Expenses (2020 - 2026)

Forian (FORA) posted Operating Expenses of $10.3 million for Q1 2026, up 4.35% on a QoQ basis from $9.9 million in Q4 2025, and up 22.34% year-over-year from $8.5 million in Q1 2025.

Forian (FORA) Operating Expenses (2020 - 2026) Analysis & Trends

Forian's Operating Expenses history runs 7 years deep, the most recent figure standing at $10.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 22.34% year-over-year to $10.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $35.9 million (up 24.08% YoY) and the FY2025 annual result came in at $34.0 million, up 25.35% from the prior year.
  • Operating Expenses was $10.3 million for Q1 2026 at Forian, up from $9.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $13.9 million in Q1 2022 and bottomed at $5.5 million in Q3 2024.
  • A 5-year average of $7.8 million and a median of $7.3 million in 2023 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 105.72% in 2022, while the deepest fall reached 50.93% in 2022.
  • Forian's Operating Expenses stood at $6.8 million in 2022, then dropped by 7.82% to $6.3 million in 2023, then advanced by 15.35% to $7.3 million in 2024, then surged by 36.46% to $9.9 million in 2025, then increased by 4.35% to $10.3 million in 2026.
  • Business Quant data shows FORA's Operating Expenses at $10.3 million in Q1 2026, $9.9 million in Q4 2025, and $8.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Forian 67.60 Mn 36.65 Mn 2.01 Mn 10.34 Mn

Historic Data

Download Data
DateValue
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