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

Dolphin Entertainment, Inc. is the larger business by last-quarter revenue ($15.6M vs $8.0M, roughly 2.0× Forian Inc.). Dolphin Entertainment, Inc. runs the higher net margin — 6.5% vs -22.9%, a 29.4% gap on every dollar of revenue. On growth, Forian Inc. posted the faster year-over-year revenue change (37.0% vs 27.0%). Over the past eight quarters, Forian Inc.'s revenue compounded faster (27.8% CAGR vs 1.3%).

Dolphin Entertainment, Inc. is an American entertainment marketing and production company based in Coral Gables, Florida. Founded in 1996 by Bill O'Dowd, the company produces television series and films aimed primarily at children and young adults, and owns public relations and marketing firms through acquisitions. Dolphin has also expanded into digital media, including non-fungible token (NFT) ventures and influencer marketing.

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.

DLPN vs FORA — Head-to-Head

Bigger by revenue
DLPN
DLPN
2.0× larger
DLPN
$15.6M
$8.0M
FORA
Growing faster (revenue YoY)
FORA
FORA
+10.0% gap
FORA
37.0%
27.0%
DLPN
Higher net margin
DLPN
DLPN
29.4% more per $
DLPN
6.5%
-22.9%
FORA
Faster 2-yr revenue CAGR
FORA
FORA
Annualised
FORA
27.8%
1.3%
DLPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLPN
DLPN
FORA
FORA
Revenue
$15.6M
$8.0M
Net Profit
$1.0M
$-1.8M
Gross Margin
96.6%
49.2%
Operating Margin
9.5%
-24.4%
Net Margin
6.5%
-22.9%
Revenue YoY
27.0%
37.0%
Net Profit YoY
152.0%
-1012.2%
EPS (diluted)
$0.10
$-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
DLPN
DLPN
FORA
FORA
Q4 25
$15.6M
$8.0M
Q3 25
$14.8M
$7.8M
Q2 25
$14.1M
$7.5M
Q1 25
$12.2M
$7.1M
Q4 24
$12.3M
$5.8M
Q3 24
$12.7M
$4.7M
Q2 24
$11.4M
$4.8M
Q1 24
$15.2M
$4.9M
Net Profit
DLPN
DLPN
FORA
FORA
Q4 25
$1.0M
$-1.8M
Q3 25
$-365.5K
$-151.2K
Q2 25
$-1.4M
$224.8K
Q1 25
$-2.3M
$-1.1M
Q4 24
$-2.0M
$199.7K
Q3 24
$-8.7M
$-204.9K
Q2 24
$-1.6M
$-2.6M
Q1 24
$-326.8K
$-1.2M
Gross Margin
DLPN
DLPN
FORA
FORA
Q4 25
96.6%
49.2%
Q3 25
95.6%
51.6%
Q2 25
94.7%
56.8%
Q1 25
97.2%
55.6%
Q4 24
96.1%
58.3%
Q3 24
98.0%
70.1%
Q2 24
98.1%
62.2%
Q1 24
84.8%
65.1%
Operating Margin
DLPN
DLPN
FORA
FORA
Q4 25
9.5%
-24.4%
Q3 25
2.1%
-6.1%
Q2 25
-0.4%
0.6%
Q1 25
-14.6%
-19.8%
Q4 24
-11.2%
-24.9%
Q3 24
-64.3%
-17.0%
Q2 24
-9.8%
-62.2%
Q1 24
1.1%
-36.3%
Net Margin
DLPN
DLPN
FORA
FORA
Q4 25
6.5%
-22.9%
Q3 25
-2.5%
-1.9%
Q2 25
-10.0%
3.0%
Q1 25
-19.1%
-16.0%
Q4 24
-15.9%
3.4%
Q3 24
-68.5%
-4.4%
Q2 24
-14.2%
-53.4%
Q1 24
-2.1%
-24.9%
EPS (diluted)
DLPN
DLPN
FORA
FORA
Q4 25
$0.10
$-0.06
Q3 25
$-0.03
$0.00
Q2 25
$-0.13
$0.01
Q1 25
$-0.21
$-0.04
Q4 24
$-0.21
$0.01
Q3 24
$-0.80
$-0.01
Q2 24
$-0.17
$-0.08
Q1 24
$-0.04
$-0.04

Balance Sheet & Financial Strength

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

Metric
DLPN
DLPN
FORA
FORA
Cash + ST InvestmentsLiquidity on hand
$8.8M
$31.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.7M
$29.8M
Total Assets
$58.3M
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLPN
DLPN
FORA
FORA
Q4 25
$8.8M
$31.6M
Q3 25
$7.8M
$28.2M
Q2 25
$8.7M
$35.6M
Q1 25
$7.1M
$35.7M
Q4 24
$8.2M
$35.1M
Q3 24
$5.7M
$49.4M
Q2 24
$8.7M
$48.0M
Q1 24
$6.4M
$47.4M
Stockholders' Equity
DLPN
DLPN
FORA
FORA
Q4 25
$9.7M
$29.8M
Q3 25
$8.4M
$31.1M
Q2 25
$7.9M
$30.9M
Q1 25
$9.3M
$30.0M
Q4 24
$11.6M
$30.1M
Q3 24
$13.6M
$28.4M
Q2 24
$20.4M
$27.2M
Q1 24
$20.3M
$28.1M
Total Assets
DLPN
DLPN
FORA
FORA
Q4 25
$58.3M
$44.1M
Q3 25
$60.0M
$41.3M
Q2 25
$58.6M
$48.5M
Q1 25
$58.6M
$48.6M
Q4 24
$58.4M
$47.2M
Q3 24
$57.3M
$57.5M
Q2 24
$65.6M
$58.4M
Q1 24
$65.1M
$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
DLPN
DLPN
FORA
FORA
Operating Cash FlowLast quarter
$576.6K
$3.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLPN
DLPN
FORA
FORA
Q4 25
$576.6K
$3.2M
Q3 25
$-2.4M
$-439.7K
Q2 25
$1.5M
$-344.5K
Q1 25
$-1.7M
$448.2K
Q4 24
$850.2K
$1.7M
Q3 24
$-1.7M
$764.1K
Q2 24
$1.8M
$-23.1K
Q1 24
$-1.2M
$-2.2M
Free Cash Flow
DLPN
DLPN
FORA
FORA
Q4 25
Q3 25
$-2.4M
Q2 25
Q1 25
$-1.7M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
DLPN
DLPN
FORA
FORA
Q4 25
Q3 25
-16.3%
Q2 25
Q1 25
-14.0%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
DLPN
DLPN
FORA
FORA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
DLPN
DLPN
FORA
FORA
Q4 25
0.57×
Q3 25
Q2 25
-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

DLPN
DLPN

Segment breakdown not available.

FORA
FORA

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

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