Forian (FORA) Research & Development (2020 - 2026)
Forian (FORA) posted Research & Development of $1.5 million for Q1 2026, up 204.18% on a QoQ basis from -$1.4 million in Q4 2025, and up 144.54% year-over-year from $606237.0 in Q1 2025.
Forian (FORA) Research & Development (2020 - 2026) Analysis & Trends
Forian's Research & Development history runs 7 years deep, the most recent figure standing at $1.5 million for Q1 2026.
- Quarterly Research & Development rose 144.54% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 million (down 33.71% YoY) and the FY2025 annual result came in at $2.9 million, down 32.71% from the prior year.
- Research & Development was $1.5 million for Q1 2026 at Forian, up from -$1.4 million in the prior quarter.
- Across five years, Research & Development topped out at $2.7 million in Q4 2024 and bottomed at -$1.4 million in Q4 2025.
- A 5-year average of $937586.2 and a median of $1.0 million in 2022 frame the typical range for Research & Development.
- Peak annual rise in Research & Development reached 386.88% in 2025, while the deepest fall reached 153.1% in 2025.
- Forian's Research & Development stood at $1.0 million in 2022, then grew by 10.24% to $1.2 million in 2023, then surged by 132.72% to $2.7 million in 2024, then sank by 153.1% to -$1.4 million in 2025, then surged by 204.18% to $1.5 million in 2026.
- Business Quant data shows FORA's Research & Development at $1.5 million in Q1 2026, -$1.4 million in Q4 2025, and $1.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 56.85 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 30.34 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 8.13 Mn |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 1.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.48 Mn |
| Dec 31, 2025 | -1.42 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 1.50 Mn |
| Mar 31, 2025 | 606,237.00 |
| Dec 31, 2024 | 2.68 Mn |
| Sep 30, 2024 | 956,983.00 |
| Jun 30, 2024 | 307,201.00 |
| Mar 31, 2024 | 389,889.00 |
| Dec 31, 2023 | 1.15 Mn |
| Sep 30, 2023 | 264,781.00 |
| Jun 30, 2023 | 1.26 Mn |
| Mar 31, 2023 | 1.22 Mn |
| Dec 31, 2022 | 1.04 Mn |
| Sep 30, 2022 | 806,108.00 |
| Jun 30, 2022 | 1.42 Mn |
| Mar 31, 2022 | 820,594.00 |
| Dec 31, 2021 | -1.92 Mn |
| Sep 30, 2021 | 2.61 Mn |
| Jun 30, 2021 | 1.95 Mn |