FORRESTER RESEARCH, INC.
FORRNasdaq
$10.32
↓ -1.5%Jul 17 close · end-of-day
Price
1Y↑ +7.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$196.8M
Enterprise Value
$157.9M
P/E
—
P/S
0.5
P/B
1.9
EV/EBITDA
—
PEG
—
FCF Yield
5.8%
Dividend Yield
—
Revenue (TTM)
$392.5M
Net Income (TTM)
-$53.9M
Free Cash Flow (TTM)
$11.4M
Gross Margin
—
Operating Margin
-11.3%
Net Margin
-13.7%
ROE
-50.8%
ROIC
-52.0%
Debt / Equity
0.3
Net Cash
$38.9M
Return 1Y
+7.7%
Company profile
Forrester Research, Inc. operates in three segments: Research, Consulting, and Events. The Research segment provides primary subscription research portfolio services. The Events segment hosts in-person and virtual events related to business-to-business marketing, sales and product leadership, customer experience, security and risk, new technology and innovation, and data strategies and insights.
- CEO
- George F. Colony
- Sector
- Services
- Industry
- Business Services
- Employees
- 1,780
- Headquarters
- Massachusetts
- Website
- forrester.com
Management & directors
- Cox AndrewChief Marketing Officer
- Gonsalves JobinaChief People Officer
- Chouinard ScottChief Accounting Officer
- Darrah RyanChief Legal Officer
- Facemire MichaelChief Technology Officer
- Favre ChristopheChief Sales Officer
- Finn Leo ChristianChief Financial Officer
- Johnson CarrieChief Product Officer
- Leaver SharynChief Research Officer
Roles derived from SEC Form 4 filings.
Earnings
FORR Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$85.5M↓ -4.9%
Diluted EPS-$1.14↓ -75.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $449.0M | $494.3M | $537.8M | $480.8M | $432.5M | $396.9M |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$16.2M | $38.6M | $32.7M | $6.8M | $740,000.00 | -$113.2M |
| Net income | $10.0M | $24.8M | $21.8M | $3.0M | -$5.7M | -$119.4M |
| Diluted EPS | $0.53 | $1.28 | $1.14 | $0.16 | -$0.30 | -$6.28 |
| Operating cash flow | $47.8M | $107.1M | $39.4M | $21.7M | -$3.9M | $21.1M |
| Free cash flow | $38.8M | $96.3M | $33.8M | $16.2M | -$7.3M | $18.1M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -3.6% | 7.8% | 6.1% | 1.4% | 0.2% | -28.5% |
| Net margin | 2.2% | 5.0% | 4.1% | 0.6% | -1.3% | -30.1% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $121.8M | $102.5M | $108.0M | $89.9M | $111.7M | $94.3M | $101.1M | $85.5M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $11.3M | -$731,000.00 | -$551,000.00 | -$87.6M | $7.0M | $4.5M | -$37.0M | -$18.6M |
| Net income | $6.3M | -$5.8M | $432,000.00 | -$87.3M | $3.9M | -$2.1M | -$33.9M | -$21.8M |
| Diluted EPS | $0.33 | -$0.30 | $0.02 | -$4.62 | $0.20 | -$0.11 | -$1.75 | -$1.14 |
| Operating cash flow | -$2.9M | $264,000.00 | -$1.8M | $26.7M | -$3.6M | $1.2M | -$3.2M | $25.6M |
| Free cash flow | -$3.7M | -$223,000.00 | -$2.5M | $26.1M | -$4.2M | $524,000.00 | -$4.3M | $19.4M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 9.3% | -0.7% | -0.5% | -97.5% | 6.2% | 4.7% | -36.6% | -21.8% |
| Net margin | 5.2% | -5.7% | 0.4% | -97.1% | 3.5% | -2.3% | -33.5% | -25.5% |
Company news
Jul 16, 2026
Jul 14, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-01 | Cox Andrew· Chief Marketing Officer | Tax withholding | 1,568 | $7.22 | $11,320.96 | filing |
| 2026-06-01 | Gonsalves Jobina· Chief People Officer | Tax withholding | 1,441 | $7.22 | $10,404.02 | filing |
| 2026-06-01 | BRADFORD NEIL | Tax withholding | 198 | $7.22 | $1,429.56 | filing |
| 2026-06-01 | Gonsalves Jobina· Chief People Officer | Option exercise | 4,913 | $0.00 | $0.00 | filing |
| 2026-06-01 | Cox Andrew· Chief Marketing Officer | Option exercise | 4,264 | $0.00 | $0.00 | filing |
| 2026-05-12 | Bennett Robert Paul | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-05-12 | Friscia Anthony J | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-05-12 | BRADFORD NEIL | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-05-12 | Munchbach Cory | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-05-12 | Romine Warren N | Award | 8,000 | $0.00 | $0.00 | filing |
| 2026-04-01 | Johnson Carrie· Chief Product Officer | Tax withholding | 5,353 | $5.39 | $28,852.67 | filing |
| 2026-04-01 | Finn Leo Christian· Chief Financial Officer | Tax withholding | 4,207 | $5.39 | $22,675.73 | filing |
| 2026-04-01 | Darrah Ryan· Chief Legal Officer | Tax withholding | 3,641 | $5.39 | $19,624.99 | filing |
| 2026-04-01 | Leaver Sharyn· Chief Research Officer | Tax withholding | 2,956 | $5.39 | $15,932.84 | filing |
| 2026-04-01 | Facemire Michael· Chief Technology Officer | Tax withholding | 2,855 | $5.39 | $15,388.45 | filing |
| 2026-04-01 | Gonsalves Jobina· Chief People Officer | Tax withholding | 1,732 | $5.39 | $9,335.48 | filing |
| 2026-04-01 | Chouinard Scott· Chief Accounting Officer | Tax withholding | 1,608 | $5.39 | $8,667.12 | filing |
| 2026-04-01 | Favre Christophe· Chief Sales Officer | Tax withholding | 1,532 | $5.39 | $8,257.48 | filing |
| 2026-04-01 | Cox Andrew· Chief Marketing Officer | Tax withholding | 723 | $5.39 | $3,896.97 | filing |
| 2026-04-01 | Gonsalves Jobina· Chief People Officer | Option exercise | 5,000 | $0.00 | $0.00 | filing |
| 2026-04-01 | Johnson Carrie· Chief Product Officer | Option exercise | 14,335 | $0.00 | $0.00 | filing |
| 2026-04-01 | Finn Leo Christian· Chief Financial Officer | Option exercise | 14,335 | $0.00 | $0.00 | filing |
| 2026-04-01 | Leaver Sharyn· Chief Research Officer | Option exercise | 10,451 | $0.00 | $0.00 | filing |
| 2026-04-01 | Cox Andrew· Chief Marketing Officer | Option exercise | 1,816 | $0.00 | $0.00 | filing |
| 2026-04-01 | Darrah Ryan· Chief Legal Officer | Option exercise | 9,318 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.