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Side-by-side financial comparison of Dogness (International) Corp (DOGZ) and Forian Inc. (FORA). Click either name above to swap in a different company.

Forian Inc. is the larger business by last-quarter revenue ($8.0M vs $7.7M, roughly 1.0× Dogness (International) Corp). Forian Inc. runs the higher net margin — -22.9% vs -67.1%, a 44.2% gap on every dollar of revenue.

Dogness (International) Corp is a pet product manufacturer focused on designing, producing and selling a broad portfolio of pet care goods, including smart pet feeders, automatic waterers, leashes, collars and grooming tools. Its core markets cover North America, Europe and China, serving both retail consumers and B2B partners in the global pet industry.

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.

DOGZ vs FORA — Head-to-Head

Bigger by revenue
FORA
FORA
1.0× larger
FORA
$8.0M
$7.7M
DOGZ
Higher net margin
FORA
FORA
44.2% more per $
FORA
-22.9%
-67.1%
DOGZ

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
DOGZ
DOGZ
FORA
FORA
Revenue
$7.7M
$8.0M
Net Profit
$-5.2M
$-1.8M
Gross Margin
11.2%
49.2%
Operating Margin
-70.8%
-24.4%
Net Margin
-67.1%
-22.9%
Revenue YoY
37.0%
Net Profit YoY
-1012.2%
EPS (diluted)
$-0.29
$-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
DOGZ
DOGZ
FORA
FORA
Q4 25
$7.7M
$8.0M
Q3 25
$7.8M
Q2 25
$6.7M
$7.5M
Q1 25
$7.1M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$4.8M
Q1 24
$4.9M
Net Profit
DOGZ
DOGZ
FORA
FORA
Q4 25
$-5.2M
$-1.8M
Q3 25
$-151.2K
Q2 25
$-3.2M
$224.8K
Q1 25
$-1.1M
Q4 24
$199.7K
Q3 24
$-204.9K
Q2 24
$-2.6M
Q1 24
$-1.2M
Gross Margin
DOGZ
DOGZ
FORA
FORA
Q4 25
11.2%
49.2%
Q3 25
51.6%
Q2 25
19.6%
56.8%
Q1 25
55.6%
Q4 24
58.3%
Q3 24
70.1%
Q2 24
62.2%
Q1 24
65.1%
Operating Margin
DOGZ
DOGZ
FORA
FORA
Q4 25
-70.8%
-24.4%
Q3 25
-6.1%
Q2 25
-53.6%
0.6%
Q1 25
-19.8%
Q4 24
-24.9%
Q3 24
-17.0%
Q2 24
-62.2%
Q1 24
-36.3%
Net Margin
DOGZ
DOGZ
FORA
FORA
Q4 25
-67.1%
-22.9%
Q3 25
-1.9%
Q2 25
-47.9%
3.0%
Q1 25
-16.0%
Q4 24
3.4%
Q3 24
-4.4%
Q2 24
-53.4%
Q1 24
-24.9%
EPS (diluted)
DOGZ
DOGZ
FORA
FORA
Q4 25
$-0.29
$-0.06
Q3 25
$0.00
Q2 25
$0.01
Q1 25
$-0.04
Q4 24
$0.01
Q3 24
$-0.01
Q2 24
$-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
DOGZ
DOGZ
FORA
FORA
Cash + ST InvestmentsLiquidity on hand
$6.6M
$31.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$95.1M
$29.8M
Total Assets
$114.5M
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOGZ
DOGZ
FORA
FORA
Q4 25
$6.6M
$31.6M
Q3 25
$28.2M
Q2 25
$12.8M
$35.6M
Q1 25
$35.7M
Q4 24
$35.1M
Q3 24
$49.4M
Q2 24
$48.0M
Q1 24
$47.4M
Stockholders' Equity
DOGZ
DOGZ
FORA
FORA
Q4 25
$95.1M
$29.8M
Q3 25
$31.1M
Q2 25
$97.8M
$30.9M
Q1 25
$30.0M
Q4 24
$30.1M
Q3 24
$28.4M
Q2 24
$27.2M
Q1 24
$28.1M
Total Assets
DOGZ
DOGZ
FORA
FORA
Q4 25
$114.5M
$44.1M
Q3 25
$41.3M
Q2 25
$116.8M
$48.5M
Q1 25
$48.6M
Q4 24
$47.2M
Q3 24
$57.5M
Q2 24
$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
DOGZ
DOGZ
FORA
FORA
Operating Cash FlowLast quarter
$-1.6M
$3.2M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-77.8%
Capex IntensityCapex / Revenue
56.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOGZ
DOGZ
FORA
FORA
Q4 25
$-1.6M
$3.2M
Q3 25
$-439.7K
Q2 25
$-344.5K
Q1 25
$448.2K
Q4 24
$1.7M
Q3 24
$764.1K
Q2 24
$-23.1K
Q1 24
$-2.2M
Free Cash Flow
DOGZ
DOGZ
FORA
FORA
Q4 25
$-6.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
DOGZ
DOGZ
FORA
FORA
Q4 25
-77.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
DOGZ
DOGZ
FORA
FORA
Q4 25
56.9%
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
DOGZ
DOGZ
FORA
FORA
Q4 25
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

DOGZ
DOGZ

Segment breakdown not available.

FORA
FORA

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

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