Forian (FORA) Research & Development (2020 - 2026)
Forian (FORA) reported Research & Development of $961458.0 for Q1 2026, up 58.59% on a YoY basis from $606237.0 in Q1 2025, and little changed quarter-over-quarter from $958582.0 in Q4 2025.
Forian (FORA) Research & Development (2020 - 2026) Analysis & Trends
Forian has reported Research & Development for 7 years, with the latest figure at $961458.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 58.59% year-over-year to $961458.0; the trailing twelve-month figure through Mar 2026 stood at $3.3 million (up 96.98% YoY), and the FY2025 full-year result was $2.9 million, up 101.88% from the prior year.
- Research & Development for Q1 2026 stood at $961458.0, roughly flat from $958582.0 in the prior quarter.
- The five-year high for Research & Development was $1.4 million in Q2 2022, with the low at $264781.0 in Q3 2023.
- Historically, Research & Development has averaged $631780.8 across 5 years, with a median of $606237.0 in 2025.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 78.57% — and 2025, when it surged 131.6%.
- Forian's Research & Development stood at $694263.0 in 2022, then slumped by 55.79% to $306923.0 in 2023, then soared by 48.47% to $455693.0 in 2024, then soared by 110.36% to $958582.0 in 2025, then advanced by 0.3% to $961458.0 in 2026.
- The last three Research & Development figures came in at $961458.0 (Q1 2026), $958582.0 (Q4 2025), and $676172.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 30.34 Mn |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 39.11 Mn |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 56.85 Mn |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 18.37 Mn |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 21.52 Mn |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 961,458.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 961,458.00 |
| Dec 31, 2025 | 958,582.00 |
| Sep 30, 2025 | 676,172.00 |
| Jun 30, 2025 | 675,731.00 |
| Mar 31, 2025 | 606,237.00 |
| Dec 31, 2024 | 455,693.00 |
| Sep 30, 2024 | 291,962.00 |
| Jun 30, 2024 | 307,201.00 |
| Mar 31, 2024 | 389,889.00 |
| Dec 31, 2023 | 306,923.00 |
| Sep 30, 2023 | 264,781.00 |
| Jun 30, 2023 | 304,187.00 |
| Mar 31, 2023 | 531,689.00 |
| Dec 31, 2022 | 694,263.00 |
| Sep 30, 2022 | 806,108.00 |
| Jun 30, 2022 | 1.42 Mn |
| Mar 31, 2022 | 1.09 Mn |
| Dec 31, 2021 | 2.92 Mn |
| Sep 30, 2021 | 2.61 Mn |
| Jun 30, 2021 | 1.95 Mn |