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
DateValue
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%