Forian Inc. (FORA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.85M | 7.96M | 7.76M | 7.48M | 7.06M | 5.81M | 4.69M | 4.78M | 4.88M | 5.37M | 5.35M | 4.89M | 4.87M | 7.9M | 7.18M | 6.53M | 3.53M | 5.75M | 4.96M | 4.55M |
| Revenue Growth % | -2.91% | 36.99% | 65.64% | 56.5% | 44.67% | 8.26% | -12.38% | -2.38% | 0.14% | -32.07% | -25.47% | -25.11% | 37.78% | 37.48% | 44.63% | 43.67% | 118.12% | 2638.45% | 3010.74% | - |
| Cost of Goods Sold | 4.9M | 4.04M | 3.81M | 3.23M | 3.13M | 2.42M | 1.4M | 1.81M | 1.71M | 1.6M | 1.36M | 1.28M | 1.25M | 1.72M | 1.84M | 1.75M | 1.24M | 1.69M | 1.34M | 1.23M |
| COGS % of Revenue | 71.46% | 50.78% | 49.03% | 43.18% | 44.38% | 41.65% | 29.94% | 37.82% | 35.11% | 29.72% | 25.48% | 26.09% | 25.71% | 21.76% | 25.64% | 26.73% | 35.16% | 29.37% | 26.97% | 27.11% |
| Gross Profit | 1.96M | 3.92M | 3.96M | 4.25M | 3.92M | 3.39M | 3.28M | 2.97M | 3.17M | 3.77M | 3.99M | 3.62M | 3.62M | 6.18M | 5.34M | 4.79M | 2.29M | 4.06M | 3.62M | 3.32M |
| Gross Margin % | 28.54% | 49.22% | 50.97% | 56.82% | 55.62% | 58.35% | 70.06% | 62.18% | 64.89% | 70.28% | 74.52% | 73.91% | 74.29% | 78.24% | 74.36% | 73.27% | 64.84% | 70.63% | 73.03% | 72.89% |
| Gross Profit Growth % | -50.18% | 15.55% | 20.5% | 43.02% | 23.99% | -10.12% | -17.63% | -17.88% | -12.52% | -38.98% | -25.31% | -24.45% | 57.87% | 52.28% | 47.26% | 44.41% | 97.11% | 2265.68% | 2171.9% | - |
| Operating Expenses | 4.89M | 4.75M | 4.26M | 4.2M | 5.32M | 4.84M | 4.08M | 5.94M | 4.94M | 4.68M | 4.79M | 5.11M | 6.01M | 9.64M | 10.29M | 10.38M | 12.62M | 12.23M | 10.97M | 10.3M |
| OpEx % of Revenue | 71.39% | 59.6% | 54.83% | 56.2% | 75.38% | 83.27% | 87.05% | 124.36% | 101.23% | 87.25% | 89.62% | 104.33% | 123.32% | 122.02% | 143.36% | 158.86% | 356.93% | 212.67% | 221.15% | 226.48% |
| Selling, General & Admin | 3.93M | 3.74M | 3.58M | 3.47M | 4.66M | 4.07M | 3.78M | 4.68M | 4.55M | 4.38M | 4.52M | 4.79M | 4.84M | 6.33M | 6.19M | 6.39M | 6.09M | 8.71M | 7.76M | 7.75M |
| SG&A % of Revenue | 57.36% | 46.91% | 46.12% | 46.38% | 66.07% | 70.02% | 80.64% | 98.04% | 93.24% | 81.54% | 84.47% | 97.8% | 99.29% | 80.04% | 86.19% | 97.77% | 172.41% | 151.43% | 156.44% | 170.51% |
| Research & Development | 961.46K | 958.58K | 676.17K | 675.73K | 606.24K | 455.69K | 291.96K | 307.2K | 389.89K | 306.92K | 264.78K | 304.19K | 531.69K | 2.48M | 3.26M | 3.39M | 1.09M | 2.92M | 2.61M | 1.95M |
| R&D % of Revenue | 14.03% | 12.04% | 8.71% | 9.04% | 8.59% | 7.84% | 6.23% | 6.43% | 7.99% | 5.72% | 4.95% | 6.22% | 10.92% | 31.35% | 45.42% | 51.84% | 30.83% | 50.72% | 52.65% | 42.87% |
| Other Operating Expenses | 0 | 52.14K | 0 | 58.49K | 51.1K | 314.01K | 8.02K | 950.2K | 8.89K | 10.15K | 10.6K | 15.26K | 638.26K | 839.81K | 842.93K | 604.12K | 1000K | 605.18K | 598.57K | 595.49K |
| Operating Income | -2.94M | -826.94K | -299.31K | 46.08K | -1.39M | -1.45M | -795.83K | -2.97M | -1.77M | -911.41K | -807.27K | -1.49M | -2.39M | -3.46M | -4.95M | -5.59M | -10.33M | -8.17M | -7.35M | -6.98M |
| Operating Margin % | -42.85% | -10.39% | -3.86% | 0.62% | -19.77% | -24.92% | -16.98% | -62.18% | -36.34% | -16.98% | -15.09% | -30.42% | -49.03% | -43.78% | -69% | -85.59% | -292.09% | -142.04% | -148.11% | -153.58% |
| Operating Income Growth % | -110.51% | 42.9% | 62.39% | 101.55% | 21.31% | -58.91% | 1.42% | -99.56% | 25.77% | 73.66% | 83.7% | 73.38% | 76.87% | 57.63% | 32.62% | 19.93% | -101.8% | -247.61% | -532.43% | - |
| EBITDA | -2.88M | -768.85K | -241.28K | 104.25K | -1.34M | -1.4M | -783.57K | -2.96M | -1.76M | -896.11K | -791.64K | -1.47M | -2.34M | -2.51M | -4.08M | -4.99M | -10.31M | -7.5M | -6.68M | -6.39M |
| EBITDA Margin % | -42.01% | -9.66% | -3.11% | 1.39% | -18.96% | -24.13% | -16.72% | -61.9% | -36.05% | -16.69% | -14.8% | -29.97% | -48.13% | -31.76% | -56.85% | -76.34% | -291.65% | -130.53% | -134.59% | -140.49% |
| EBITDA Growth % | -115.13% | 45.19% | 69.21% | 103.53% | 23.91% | -56.52% | 1.02% | -101.61% | 25% | 64.31% | 80.59% | 70.6% | 77.26% | 66.55% | 38.91% | 21.93% | -114.16% | -219.94% | -476.2% | - |
| D&A (Non-Cash Add-back) | 57.92K | 58.1K | 58.03K | 58.17K | 56.85K | 45.67K | 12.26K | 13.28K | 14.16K | 15.3K | 15.62K | 21.77K | 43.64K | 949.68K | 871.83K | 604.12K | 15.75K | 661.74K | 671.04K | 595.49K |
| EBIT | -2.94M | -1.7M | -133.88K | 394.04K | -1.07M | 372.68K | -105.39K | -2.35M | -911.11K | -250.32K | 5.76M | -843.46K | -2.01M | -3.34M | -4.92M | -5.2M | -10.1M | -7.81M | -6.94M | -6.94M |
| Net Interest Income | 155.54K | 247.72K | 300.02K | 294.28K | 276.17K | 349.2K | 462.92K | 425.01K | 476.19K | 456.95K | 435.5K | 426.27K | 174.47K | -59.38K | -124.09K | -189.73K | -207.54K | -218.85K | -77.52K | -20.45K |
| Interest Income | 155.54K | 247.72K | 336K | 347.97K | 328.85K | 470.45K | 658.34K | 618.32K | 675.16K | 661.19K | 646.83K | 637.03K | 382.92K | 154.53K | 88.97K | 18.92K | 3.79K | 2.21K | 1.9K | 0 |
| Interest Expense | 0 | 0 | 35.98K | 53.69K | 52.68K | 121.25K | 195.41K | 193.31K | 198.96K | 204.24K | 211.33K | 210.76K | 208.46K | 213.91K | 213.06K | 208.65K | 211.33K | 221.05K | 79.42K | 20.45K |
| Other Income/Expense | -396.28K | -871.12K | 129.44K | 294.28K | 276.17K | 1.7M | 495.03K | 425.44K | 662.27K | 456.85K | 6.35M | 434.33K | 168.91K | -92.42K | 2M | 1.59M | 12.3K | 140.11K | 472.43K | -149.25K |
| Pretax Income | -3.33M | -1.7M | -169.87K | 340.36K | -1.12M | 251.43K | -300.8K | -2.55M | -1.11M | -454.56K | 5.55M | -1.05M | -2.22M | -3.55M | -2.96M | -4M | -10.31M | -8.03M | -6.88M | -7.13M |
| Pretax Margin % | -48.64% | -21.33% | -2.19% | 4.55% | -15.85% | 4.33% | -6.42% | -53.28% | -22.76% | -8.47% | 103.71% | -21.54% | -45.56% | -44.95% | -41.19% | -61.26% | -291.74% | -139.6% | -138.59% | -156.87% |
| Income Tax | 29.92K | 123.69K | -18.65K | 115.56K | 7.37K | 51.72K | -95.9K | 8.22K | 102.54K | -73.55K | 93.19K | 36.19K | 29.91K | 3.98K | 10K | 5K | 5K | 22.51K | 0 | 0 |
| Effective Tax Rate % | -0.9% | -7.28% | 10.98% | 33.95% | -0.66% | 20.57% | 31.88% | -0.32% | -9.24% | 16.18% | 1.68% | -3.43% | -1.35% | -0.11% | -0.34% | -0.12% | -0.05% | -0.28% | 0% | 0% |
| Net Income | -3.36M | -1.82M | -151.22K | 224.79K | -1.13M | 199.71K | -204.91K | -2.55M | -1.21M | 1.39M | 4.34M | -1.12M | 6.5M | -3.56M | -5.13M | -5.43M | -11.85M | -8.05M | -6.88M | -7.13M |
| Net Margin % | -49.07% | -22.88% | -1.95% | 3.01% | -15.96% | 3.44% | -4.37% | -53.45% | -24.86% | 25.87% | 81.18% | -22.95% | 133.43% | -45% | -71.45% | -83.15% | -335.35% | -139.99% | -138.59% | -156.87% |
| Net Income Growth % | -198.63% | -1012.19% | 26.2% | 108.8% | 7.15% | -85.62% | -104.72% | -127.4% | -118.66% | 139.05% | 184.68% | 79.34% | 154.82% | 55.81% | 25.43% | 23.84% | -162.51% | -242.28% | -491.82% | - |
| Net Income (Continuing) | -3.36M | -1.82M | -151.22K | 224.79K | -1.13M | 199.71K | -204.91K | -2.55M | -1.21M | -381.01K | 5.45M | -1.09M | -2.25M | -3.56M | -2.97M | -4.01M | -10.32M | -8.05M | -6.88M | -7.13M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | -32.43K | 1000K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.11 | -0.06 | -0.00 | 0.01 | -0.04 | 0.01 | -0.01 | -0.08 | -0.04 | 0.04 | 0.12 | -0.03 | 0.20 | -0.11 | -0.16 | -0.17 | -0.37 | -0.25 | -0.22 | -0.23 |
| EPS Growth % | -203.87% | - | - | 108.77% | 7.42% | -85.05% | -105.5% | -135.92% | -119.55% | 138.91% | 175% | 79.53% | 154.05% | 56% | 27.27% | 26.09% | -94.74% | -216.86% | -464.1% | - |
| EPS (Basic) | -0.11 | -0.06 | -0.00 | 0.01 | -0.04 | 0.01 | -0.01 | -0.08 | -0.04 | 0.04 | 0.13 | -0.03 | 0.20 | -0.11 | -0.16 | -0.17 | -0.37 | -0.25 | -0.22 | -0.23 |
| Diluted Shares Outstanding | 31.15M | 31.11M | 31.08M | 31.29M | 31.12M | 31.01M | 31.1M | 31.1M | 31M | 32.46M | 35.07M | 32.26M | 32.3M | 32.19M | 32.09M | 31.98M | 31.86M | 31.64M | 31.33M | 31M |
| Basic Shares Outstanding | 31.15M | 31.11M | 31.08M | 31.2M | 31.12M | 31.01M | 31.1M | 31.1M | 31M | 32.46M | 32.46M | 32.26M | 32.3M | 32.19M | 32.09M | 31.98M | 31.86M | 31.64M | 31.33M | 31M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |