Forrester Research, Inc. (FORR)

NASDAQ: FORR · Real-Time Price · USD

11.31

+0.16 (1.43%)

At close: Aug 18, 2026, 4:00 PM EDT

11.31

0.00 (0.00%)

After-hours: Aug 18, 2026, 4:10 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	Jun '26 Jun 30, 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	381.04	396.89	432.47	480.78	537.79	494.32
Revenue Growth	-7.54%	-8.23%	-10.05%	-10.60%	8.79%	10.10%
Gross Profit	217.23	226.17	249.94	276.3	314.01	292.5
Operating Income	3.78	9.26	14.29	24.84	41.99	38.98
Net Income	-42.57	-119.36	-5.75	3.05	21.81	24.84
Earnings Per Share	-2.23	-6.28	-0.30	0.16	1.14	1.28
EPS Growth	-	-	-	-86.05%	-10.94%	141.51%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	287.87	295.61	316.74	334.4	354.45	325.34
Consulting	81.89	88.19	97.25	118.23	152.59	156.11
Events	11.29	13.09	18.48	28.16	30.75	12.86
Revenue (Total)	381.04	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	Jun '26 Jun 30, 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	131.43	128.26	105.27	124.49	123.32	134.28
Total Debt	63.99	71.9	72.57	86.85	114.38	153.32
Net Cash (Debt)	67.44	56.36	32.7	37.64	8.93	-19.05
Net Cash Growth	15.83%	72.35%	-13.11%	321.26%	-	-
Net Cash Per Share	3.52	2.96	1.71	1.95	0.47	-0.98

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	23.01	21.08	-3.86	21.67	39.43	107.07
Capital Expenditures	-19.98	-2.99	-3.4	-5.5	-5.66	-10.75
Free Cash Flow	3.03	18.09	-7.26	16.18	33.76	96.32
Free Cash Flow Growth	-84.15%	-	-	-52.08%	-64.95%	147.94%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	57.01%	56.99%	57.79%	57.47%	58.39%	59.17%
Operating Margin	0.99%	2.33%	3.30%	5.17%	7.81%	7.89%
Pretax Margin	-14.18%	-30.09%	0.61%	1.31%	5.71%	6.71%
Profit Margin	-11.17%	-30.07%	-1.33%	0.63%	4.06%	5.03%
FCF Margin	0.80%	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	Aug '26 Aug 19, 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	-	-	-	169.11	31.24	45.32
Forward PE	14.69	6.14	9.74	17.64	16.61	28.63
P/FCF Ratio	71.37	8.53	-	31.88	20.18	11.69
PS Ratio	0.57	0.39	0.69	1.07	1.27	2.28