Forian (FORA) Tax Rate (2021 - 2026)
Forian (FORA) reported Tax Rate of 0.9% for Q1 2026, down 24.0% on a YoY basis from 1.18% in Q1 2025, and down 106.88% quarter-over-quarter from 13.05% in Q4 2025.
Forian (FORA) Tax Rate (2021 - 2026) Analysis & Trends
Forian has reported Tax Rate for 6 years, with the latest figure at 0.9% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 24.0% year-over-year to 0.9%; the trailing twelve-month figure through Mar 2026 stood at 11.32% (down 1209.0% YoY), and the FY2024 full-year result was 1.8%, down 525.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.9%, down from 13.05% in the prior quarter.
- The five-year high for Tax Rate was 33.95% in Q2 2025, with the low at 9.24% in Q1 2024.
- Historically, Tax Rate has averaged 6.9% across 5 years, with a median of 0.05% in 2022.
- The largest YoY upside for Tax Rate was 3428 bps in 2025 against a maximum downside of 2090 bps in 2025.
- Forian's Tax Rate stood at 0.02% in 2022, then surged by 97439 bps to 22.48% in 2023, then slipped by 8 bps to 20.57% in 2024, then tumbled by 37 bps to 13.05% in 2025, then slumped by 107 bps to 0.9% in 2026.
- The last three Tax Rate figures came in at 0.9% (Q1 2026), 13.05% (Q4 2025), and 10.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 24.88% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 2.26% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 40.49% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 27.58% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 60.15% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 32.53% |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | -0.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.90% |
| Mar 31, 2026 | -0.90% |
| Dec 31, 2025 | 13.05% |
| Dec 31, 2025 | 13.05% |
| Sep 30, 2025 | 10.98% |
| Sep 30, 2025 | 10.98% |
| Jun 30, 2025 | 33.95% |
| Jun 30, 2025 | 33.95% |
| Mar 31, 2025 | -0.66% |
| Mar 31, 2025 | -0.66% |
| Dec 31, 2024 | 20.57% |
| Dec 31, 2024 | 20.57% |
| Sep 30, 2024 | 31.88% |
| Sep 30, 2024 | 31.88% |
| Jun 30, 2024 | -0.32% |
| Jun 30, 2024 | -0.32% |
| Mar 31, 2024 | -9.24% |
| Mar 31, 2024 | -9.24% |
| Dec 31, 2023 | 22.48% |
| Dec 31, 2023 | 22.48% |