Forum Markets (FRMM) EBITDA (2017 - 2026)

Forum Markets (FRMM) recorded quarterly EBITDA of -$76.5 million in Q1 2026, up 66.77% quarter-over-quarter from -$230.1 million in Q4 2025, and down 3041.58% on a YoY basis from $2.6 million in Q1 2025.

Forum Markets (FRMM) EBITDA (2017 - 2026) Analysis & Trends

Forum Markets' EBITDA history runs 10 years deep, the most recent figure standing at -$76.5 million for Q1 2026.

  • In Q1 2026, EBITDA fell 3041.58% year-over-year to -$76.5 million; the TTM figure through Mar 2026 stood at -$524.6 million (down 3270.2% YoY), while the FY2025 annual figure was -$450.6 million, down 3074.11% from the prior year.
  • EBITDA was -$76.5 million for Q1 2026 at Forum Markets, up from -$230.1 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $1.0 million in Q2 2022 to a low of -$230.1 million in Q4 2025.
  • Historically, EBITDA has averaged -$35.5 million across 5 years, with a median of -$3.7 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: EBITDA soared 105.22% in 2022, then plunged 23811.75% in 2025.
  • A 5-year view of EBITDA shows it stood at -$20.9 million in 2022, then jumped by 93.89% to -$1.3 million in 2023, then plunged by 854.93% to -$12.2 million in 2024, then tumbled by 1783.19% to -$230.1 million in 2025, then soared by 66.77% to -$76.5 million in 2026.
  • The last three EBITDA figures came in at -$76.5 million (Q1 2026), -$230.1 million (Q4 2025), and -$216.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 173.49 Bn 170.93 Bn - 145.23 Mn
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 2.35 Bn
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn -586.00 Mn
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 1.92 Bn
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 457.00 Mn
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 431.33 Mn
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 2.42 Bn
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn -1.37 Bn
10 Forum Markets 112.04 Mn 46.13 Mn - -76.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -76.47 Mn
Dec 31, 2025 -230.12 Mn
Sep 30, 2025 -216.17 Mn
Jun 30, 2025 -1.87 Mn
Mar 31, 2025 -2.43 Mn
Dec 31, 2024 -12.22 Mn
Sep 30, 2024 -904,052.00
Jun 30, 2024 -9,080.00
Mar 31, 2024 -1.06 Mn
Dec 31, 2023 -1.28 Mn
Sep 30, 2023 -10.21 Mn
Jun 30, 2023 -3.70 Mn
Mar 31, 2023 -4.76 Mn
Dec 31, 2022 -20.94 Mn
Sep 30, 2022 -23.36 Mn
Jun 30, 2022 1.03 Mn
Mar 31, 2022 835,632.00
Dec 31, 2021 1.15 Mn
Sep 30, 2021 17.77 Mn
Jun 30, 2021 -23.05 Mn