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Side-by-side financial comparison of Forian Inc. (FORA) and TAKEDA PHARMACEUTICAL CO LTD (TAK). Click either name above to swap in a different company.

Forian Inc. is the larger business by last-quarter revenue ($8.0M vs $4.3M, roughly 1.9× TAKEDA PHARMACEUTICAL CO LTD). TAKEDA PHARMACEUTICAL CO LTD runs the higher net margin — 3.4% vs -22.9%, a 26.3% gap on every dollar of revenue.

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.

The Takeda Pharmaceutical Company Limited is a Japanese multinational pharmaceutical company. It is the third largest pharmaceutical company in Asia, behind Sinopharm and Shanghai Pharmaceuticals, and one of the top 20 largest pharmaceutical companies in the world by revenue. The company has over 49,578 employees worldwide and achieved US$19.299 billion in revenue during the 2018 fiscal year. The company is focused on oncology, rare diseases, neuroscience, gastroenterology, plasma-derived th...

FORA vs TAK — Head-to-Head

Bigger by revenue
FORA
FORA
1.9× larger
FORA
$8.0M
$4.3M
TAK
Higher net margin
TAK
TAK
26.3% more per $
TAK
3.4%
-22.9%
FORA

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
FORA
FORA
TAK
TAK
Revenue
$8.0M
$4.3M
Net Profit
$-1.8M
$144.2K
Gross Margin
49.2%
66.5%
Operating Margin
-24.4%
5.0%
Net Margin
-22.9%
3.4%
Revenue YoY
37.0%
Net Profit YoY
-1012.2%
EPS (diluted)
$-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
FORA
FORA
TAK
TAK
Q4 25
$8.0M
Q3 25
$7.8M
Q2 25
$7.5M
$4.3M
Q1 25
$7.1M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$4.8M
Q1 24
$4.9M
$4.0M
Net Profit
FORA
FORA
TAK
TAK
Q4 25
$-1.8M
Q3 25
$-151.2K
Q2 25
$224.8K
$144.2K
Q1 25
$-1.1M
Q4 24
$199.7K
Q3 24
$-204.9K
Q2 24
$-2.6M
Q1 24
$-1.2M
$317.0K
Gross Margin
FORA
FORA
TAK
TAK
Q4 25
49.2%
Q3 25
51.6%
Q2 25
56.8%
66.5%
Q1 25
55.6%
Q4 24
58.3%
Q3 24
70.1%
Q2 24
62.2%
Q1 24
65.1%
69.1%
Operating Margin
FORA
FORA
TAK
TAK
Q4 25
-24.4%
Q3 25
-6.1%
Q2 25
0.6%
5.0%
Q1 25
-19.8%
Q4 24
-24.9%
Q3 24
-17.0%
Q2 24
-62.2%
Q1 24
-36.3%
12.2%
Net Margin
FORA
FORA
TAK
TAK
Q4 25
-22.9%
Q3 25
-1.9%
Q2 25
3.0%
3.4%
Q1 25
-16.0%
Q4 24
3.4%
Q3 24
-4.4%
Q2 24
-53.4%
Q1 24
-24.9%
7.9%
EPS (diluted)
FORA
FORA
TAK
TAK
Q4 25
$-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
FORA
FORA
TAK
TAK
Cash + ST InvestmentsLiquidity on hand
$31.6M
$2.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$29.8M
$45.1B
Total Assets
$44.1M
$92.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORA
FORA
TAK
TAK
Q4 25
$31.6M
Q3 25
$28.2M
Q2 25
$35.6M
$2.5B
Q1 25
$35.7M
Q4 24
$35.1M
Q3 24
$49.4M
Q2 24
$48.0M
Q1 24
$47.4M
$3.0B
Stockholders' Equity
FORA
FORA
TAK
TAK
Q4 25
$29.8M
Q3 25
$31.1M
Q2 25
$30.9M
$45.1B
Q1 25
$30.0M
Q4 24
$30.1M
Q3 24
$28.4M
Q2 24
$27.2M
Q1 24
$28.1M
$47.3B
Total Assets
FORA
FORA
TAK
TAK
Q4 25
$44.1M
Q3 25
$41.3M
Q2 25
$48.5M
$92.6B
Q1 25
$48.6M
Q4 24
$47.2M
Q3 24
$57.5M
Q2 24
$58.4M
Q1 24
$57.5M
$98.2B

Cash Flow & Capital Efficiency

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

Metric
FORA
FORA
TAK
TAK
Operating Cash FlowLast quarter
$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
FORA
FORA
TAK
TAK
Q4 25
$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
Capex Intensity
FORA
FORA
TAK
TAK
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
FORA
FORA
TAK
TAK
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

FORA
FORA

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

TAK
TAK

Segment breakdown not available.

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