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
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