Forrester Research, Inc. (FORR)

Forrester Research Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-5.75	3.05	21.81	24.84
Depreciation & Amortization	12.91	15.71	17.63	31.33
Other Amortization	4.3	4.7	4.8	5.52
Loss (Gain) From Sale of Assets	1.78	-	-	-
Asset Writedown & Restructuring Costs	5.57	3.33	6.3	-
Loss (Gain) From Sale of Investments	-	-	-	0.07
Stock-Based Compensation	14.34	15.49	14.54	10.07
Other Operating Activities	8.49	3.79	3.23	1.16
Change in Accounts Receivable	-0.01	14.72	12.84	-3.9
Change in Accounts Payable	-0.81	1.43	-0.46	0.2
Change in Unearned Revenue	-9.11	-23.28	-31.66	36.01
Change in Other Net Operating Assets	-35.57	-17.25	-9.6	1.76
Operating Cash Flow	-3.86	21.67	39.43	107.07
Operating Cash Flow Growth	-	-45.03%	-63.18%	124.21%
Capital Expenditures	-3.4	-5.5	-5.66	-10.75
Divestitures	6	-	-	-
Investment in Securities	2.48	-31.28	-1.35	-18.61
Other Investing Activities	-0.06	0.01	0.2	0.06
Investing Cash Flow	5.02	-36.76	-6.81	-29.3
Long-Term Debt Repaid	-	-15	-25	-34.38
Net Debt Issued (Repaid)	-	-15	-25	-34.38
Issuance of Common Stock	2.43	3.49	4.35	9.17
Repurchase of Common Stock	-18.53	-6.76	-18.22	-23.44
Other Financing Activities	-	-0.03	-	-0.49
Financing Cash Flow	-16.1	-18.3	-38.87	-49.14
Foreign Exchange Rate Adjustments	-1.91	2.77	-6.12	-1.25
Net Cash Flow	-16.86	-30.61	-12.38	27.38
Free Cash Flow	-7.26	16.18	33.76	96.32
Free Cash Flow Growth	-	-52.08%	-64.95%	147.94%
Free Cash Flow Margin	-1.68%	3.36%	6.28%	19.49%
Free Cash Flow Per Share	-0.38	0.84	1.76	4.98
Cash Interest Paid	2.56	2.6	2.02	3.28
Cash Income Tax Paid	9.28	10.64	8.9	9.82
Levered Free Cash Flow	-4.67	34.61	35.67	103.66
Unlevered Free Cash Flow	-2.78	36.52	37.2	105.38
Change in Working Capital	-45.5	-24.39	-28.88	34.07

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q