Forrester Research Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

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
Cash & Equivalents	73.9	63.34	56.09	72.91	103.63	115.77
Short-Term Investments	71.57	64.32	48.58	51.58	19.69	18.51
Cash & Short-Term Investments	145.47	127.66	104.67	124.49	123.32	134.28
Cash Growth	8.36%	21.96%	-15.92%	0.95%	-8.16%	48.77%
Accounts Receivable	40.9	50.85	55.49	59	73.35	86.97
Other Current Assets	32	34.18	41.21	32.51	38.63	48.25
Total Current Assets	218.37	212.69	201.36	216	235.29	269.49
Net Property, Plant & Equipment	48.9	41.88	38.75	59.12	73.18	93.25
Other Intangible Assets	16.65	18.73	27.48	37.64	49.5	62.73
Goodwill	109.12	120.38	227.96	244.26	242.15	244.99
Other Long-Term Assets	16.03	10.36	8.32	7.16	8.32	9.66
Total Assets	409.07	404.03	503.86	564.17	608.44	680.13
Accounts Payable	1.08	0.83	0.97	1.8	0.36	0.84
Accrued Expenses	63.62	62.42	57.6	81.48	91.01	97.8
Current Portion of Long-Term Debt	-	35	-	-	-	-
Unearned Revenue	173.19	141.81	145.4	156.8	178.02	213.7
Total Current Liabilities	237.89	240.06	203.97	240.08	269.39	312.34
Long-Term Debt	35	-	35	35	50	75
Long-Term Leases	27.34	29.51	24.81	37.67	50.75	65.04
Other Long-Term Liabilities	2.79	7.94	10.55	11.16	16.64	23.85
Total Long-Term Liabilities	65.13	37.45	70.35	83.83	117.39	163.89
Total Liabilities	303.02	277.51	274.33	323.91	386.78	476.22
Common Stock	-	-	-	0.25	0.24	0.24
Treasury Stock	-229.62	-229.62	-227.12	-211.15	-207.07	-191.96
Additional Paid-in Capital	307.24	304.4	292.22	278.06	261.77	245.99
Accumulated Other Comprehensive Income	-2.57	-1.09	-7.75	-4.57	-7.92	-3.19
Retained Earnings	30.75	52.57	171.93	177.68	174.63	152.83
Shareholders' Equity	106.05	126.53	229.54	240.27	221.66	203.91
Total Liabilities & Equity	409.07	404.03	503.86	564.17	608.44	680.13
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	31.66%	40.76%	-13.42%	129.62%	-	-
Net Cash Per Share	4.36	3.32	2.35	2.69	1.18	-0.30
Book Value	106.05	126.53	229.54	240.27	221.66	203.91
Book Value Per Share	5.56	6.65	12.02	12.48	11.56	10.53
Tangible Book Value	-19.72	-12.59	-25.9	-41.63	-70	-103.82
Tangible Book Value Per Share	-1.03	-0.66	-1.36	-2.16	-3.65	-5.36

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q