Forrester Research, Inc. (FORR)

NASDAQ: FORR · Real-Time Price · USD

10.26

-0.05 (-0.53%)

At close: Jul 29, 2026, 4:00 PM EDT

10.26

0.00 (0.00%)

After-hours: Jul 29, 2026, 4:04 PM EDT

Forrester Research Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	392.47	396.89	432.47	480.78	537.79	494.32
Revenue Growth	-7.06%	-8.23%	-10.05%	-10.60%	8.79%	10.10%
Gross Profit	222.72	226.17	249.94	276.3	314.01	292.5
Operating Income	-44.21	-113.17	0.74	6.77	32.65	38.64
Net Income	-53.91	-119.36	-5.75	3.05	21.81	24.84
Earnings Per Share	-2.83	-6.28	-0.30	0.16	1.14	1.28
EPS Growth	-	-	-	-85.97%	-10.94%	141.51%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Research	294.08	295.61	316.74	334.4	354.45	325.34
Consulting	85.34	88.19	97.25	118.23	152.59	156.11
Events	13.05	13.09	18.48	28.16	30.75	12.86
Revenue (Total)	392.47	396.89	432.47	480.78	537.79	494.32

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	145.47	127.66	104.67	124.49	123.32	134.28
Total Debt	62.34	64.51	59.81	72.67	100.75	140.04
Net Cash (Debt)	83.13	63.14	44.86	51.82	22.57	-5.76
Net Cash Growth	7.61%	40.76%	-13.42%	129.62%	-	-
Net Cash Per Share	4.36	3.32	2.35	2.69	1.18	-0.30

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	19.94	21.08	-3.86	21.67	39.43	107.07
Capital Expenditures	-8.54	-2.99	-3.4	-5.5	-5.66	-10.75
Free Cash Flow	11.4	18.09	-7.26	16.18	33.76	96.32
Free Cash Flow Growth	-41.93%	-	-	-52.08%	-64.95%	147.94%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	56.75%	56.99%	57.79%	57.47%	58.39%	59.17%
Operating Margin	-11.27%	-28.52%	0.17%	1.41%	6.07%	7.82%
Pretax Margin	-12.70%	-30.09%	0.61%	1.31%	5.71%	6.71%
Profit Margin	-13.74%	-30.07%	-1.33%	0.63%	4.05%	5.03%
FCF Margin	2.90%	4.56%	-1.68%	3.36%	6.28%	19.49%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 29, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	167.56	31.37	45.88
Forward PE	10.63	6.14	9.74	17.64	16.61	28.63
P/FCF Ratio	17.29	8.53	-	31.90	20.19	11.62
PS Ratio	0.50	0.39	0.68	1.07	1.27	2.26