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Side-by-side financial comparison of Coherus Oncology, Inc. (CHRS) and Forian Inc. (FORA). Click either name above to swap in a different company.

Coherus Oncology, Inc. is the larger business by last-quarter revenue ($12.7M vs $8.0M, roughly 1.6× Forian Inc.). Forian Inc. runs the higher net margin — -22.9% vs -295.3%, a 272.4% gap on every dollar of revenue. On growth, Coherus Oncology, Inc. posted the faster year-over-year revenue change (64.9% vs 37.0%). Over the past eight quarters, Forian Inc.'s revenue compounded faster (27.8% CAGR vs -47.0%).

Coherus Oncology, Inc. is a commercial-stage biopharmaceutical company focused on developing, manufacturing and commercializing affordable oncology treatments, including FDA-approved biosimilars and novel targeted immuno-oncology therapies. Its core market is North America, serving patients with solid tumors and hematological malignancies to expand access to life-saving cancer care.

Forian Inc is a specialized healthcare technology and data analytics firm offering SaaS-based real-world evidence solutions, clinical decision support tools, and operational optimization services. It serves biopharmaceutical companies, healthcare providers, and life sciences stakeholders to improve patient outcomes, accelerate research, and boost care delivery efficiency.

CHRS vs FORA — Head-to-Head

Bigger by revenue
CHRS
CHRS
1.6× larger
CHRS
$12.7M
$8.0M
FORA
Growing faster (revenue YoY)
CHRS
CHRS
+27.9% gap
CHRS
64.9%
37.0%
FORA
Higher net margin
FORA
FORA
272.4% more per $
FORA
-22.9%
-295.3%
CHRS
Faster 2-yr revenue CAGR
FORA
FORA
Annualised
FORA
27.8%
-47.0%
CHRS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CHRS
CHRS
FORA
FORA
Revenue
$12.7M
$8.0M
Net Profit
$-37.6M
$-1.8M
Gross Margin
68.3%
49.2%
Operating Margin
-359.9%
-24.4%
Net Margin
-295.3%
-22.9%
Revenue YoY
64.9%
37.0%
Net Profit YoY
25.7%
-1012.2%
EPS (diluted)
$-0.34
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHRS
CHRS
FORA
FORA
Q4 25
$12.7M
$8.0M
Q3 25
$11.6M
$7.8M
Q2 25
$10.3M
$7.5M
Q1 25
$7.1M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$10.3M
$4.8M
Q1 24
$4.9M
Net Profit
CHRS
CHRS
FORA
FORA
Q4 25
$-37.6M
$-1.8M
Q3 25
$-35.5M
$-151.2K
Q2 25
$297.8M
$224.8K
Q1 25
$-1.1M
Q4 24
$199.7K
Q3 24
$-204.9K
Q2 24
$-12.9M
$-2.6M
Q1 24
$-1.2M
Gross Margin
CHRS
CHRS
FORA
FORA
Q4 25
68.3%
49.2%
Q3 25
67.8%
51.6%
Q2 25
66.9%
56.8%
Q1 25
55.6%
Q4 24
58.3%
Q3 24
70.1%
Q2 24
82.4%
62.2%
Q1 24
65.1%
Operating Margin
CHRS
CHRS
FORA
FORA
Q4 25
-359.9%
-24.4%
Q3 25
-383.1%
-6.1%
Q2 25
-443.6%
0.6%
Q1 25
-19.8%
Q4 24
-24.9%
Q3 24
-17.0%
Q2 24
-384.9%
-62.2%
Q1 24
-36.3%
Net Margin
CHRS
CHRS
FORA
FORA
Q4 25
-295.3%
-22.9%
Q3 25
-307.1%
-1.9%
Q2 25
2903.9%
3.0%
Q1 25
-16.0%
Q4 24
3.4%
Q3 24
-4.4%
Q2 24
-125.5%
-53.4%
Q1 24
-24.9%
EPS (diluted)
CHRS
CHRS
FORA
FORA
Q4 25
$-0.34
$-0.06
Q3 25
$-0.31
$0.00
Q2 25
$2.57
$0.01
Q1 25
$-0.04
Q4 24
$0.01
Q3 24
$-0.01
Q2 24
$-0.11
$-0.08
Q1 24
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHRS
CHRS
FORA
FORA
Cash + ST InvestmentsLiquidity on hand
$172.1M
$31.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$61.0M
$29.8M
Total Assets
$258.3M
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHRS
CHRS
FORA
FORA
Q4 25
$172.1M
$31.6M
Q3 25
$191.7M
$28.2M
Q2 25
$237.6M
$35.6M
Q1 25
$35.7M
Q4 24
$35.1M
Q3 24
$49.4M
Q2 24
$159.2M
$48.0M
Q1 24
$47.4M
Stockholders' Equity
CHRS
CHRS
FORA
FORA
Q4 25
$61.0M
$29.8M
Q3 25
$87.8M
$31.1M
Q2 25
$119.8M
$30.9M
Q1 25
$30.0M
Q4 24
$30.1M
Q3 24
$28.4M
Q2 24
$-84.1M
$27.2M
Q1 24
$28.1M
Total Assets
CHRS
CHRS
FORA
FORA
Q4 25
$258.3M
$44.1M
Q3 25
$516.5M
$41.3M
Q2 25
$439.5M
$48.5M
Q1 25
$48.6M
Q4 24
$47.2M
Q3 24
$57.5M
Q2 24
$674.9M
$58.4M
Q1 24
$57.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHRS
CHRS
FORA
FORA
Operating Cash FlowLast quarter
$-19.7M
$3.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHRS
CHRS
FORA
FORA
Q4 25
$-19.7M
$3.2M
Q3 25
$-46.3M
$-439.7K
Q2 25
$-46.6M
$-344.5K
Q1 25
$448.2K
Q4 24
$1.7M
Q3 24
$764.1K
Q2 24
$59.7M
$-23.1K
Q1 24
$-2.2M
Capex Intensity
CHRS
CHRS
FORA
FORA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
CHRS
CHRS
FORA
FORA
Q4 25
Q3 25
Q2 25
-0.16×
-1.53×
Q1 25
Q4 24
8.76×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHRS
CHRS

Toripalimab$12.4M97%
Other$388.0K3%

FORA
FORA

Financial Services Revenues$7.3M92%
Other$669.0K8%

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