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Forrester Research

FORR

Forrester Research Inc is a global independent research and advisory firm that provides objective, data-driven insights to business and technology leaders.

Market cap
$184.61M-0.2%
Revenue$392.5M-7.1%
Net income-$53.9M+37.9%
Free cash flow$43.5M+688%
EPS (diluted)-$2.84+38.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$96.9M
EPS estimate$0.27

Financials

Q1 2026

Income statement

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Revenue$85.5M-4.9%
Gross profit$46.8M-6.9%
Operating income-$18.6M+78.7%
Net income-$21.8M+75.0%
EPS (diluted)-$1.14+75.3%

Balance sheet

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Cash & equivalents$73.9M-2.2%
Total debt$62.3M-10.4%
Total equity$106.1M-28.1%
Total assets$409.1M-7.0%

Cash flow

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Operating cash flow$25.6M-4.3%
CapEx$6.2M+856%
Free cash flow$19.4M-25.7%

Valuation & ratios

Valuation

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Market cap$184.61M-0.2%
Enterprise value$173.05M-19.5%
P/S0.5×0.0×

Profitability

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Gross margin56.7%-1.2pp
Operating margin-11.3%
Net margin-13.7%-3.4pp

Returns & leverage

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Return on equity-42.5%-2.9pp
Debt / equity0.6×+0.1×
Current ratio0.9×-0.1×

Segments

By geography

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North America$65.3M-10.0%
Europe$13.2M+19.4%
Asia Pacific$5.3M+9.9%
Other Country$1.7M+13.9%

By segment

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Research$71.7M-2.4%
Consulting$13.7M-16.1%
Events-$18.0K-169%

By product

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Research Revenue$66.9M-2.2%
Consulting Services Revenue$18.6M-13.3%
Events Revenue-$18.0K-169%

Competitors

Profile

Forrester Research Inc is a global independent research and advisory firm that provides objective, data-driven insights to business and technology leaders. The company's core value proposition centers on 'customer obsession' to help organizations accelerate growth, reduce risk, and navigate digital disruption through a combination of human intelligence and generative AI. Its business model is primarily driven by a recurring contract value engine based on subscription-based research and advisory services.

Competitive position

Forrester is a leading independent research firm distinguished by its 'customer obsession' framework and proprietary data-driven methodologies.

GeographiesNorth America, Europe, Asia-Pacific
Customer segmentsEnterprise, Government, Technology Vendors
Business modelSubscription SaaS, Professional Services, B2B Events
SuppliersSurvey participants, Data providers, Cloud infrastructure providers, AI model developers
CustomersGlobal 2000 companies, Technology providers, Public sector organizations, Marketing agencies
Listed1996
Employees1.7K
CEOGeorge F. Colony
FilingsSEC EDGAR

Questions, answered.

What is Forrester Research's market cap?
Forrester Research (FORR) has a market capitalization of $184.6M and trades on NASDAQ.
What is Forrester Research's revenue and profitability?
Forrester Research generated $392.5M in trailing twelve-month revenue with a net loss of $53.9M, representing a net margin of -13.7%. Gross margin stands at 56.7%, with free cash flow of $43.5M. These figures are based on the Q1 2026 filing.
Who are Forrester Research's competitors?
Forrester Research's key competitors include Gartner, Accenture, CRA International, Inc., and others. These companies compete in similar markets and product categories.
Who does Forrester Research partner with?
Forrester Research's notable partners include Google.
Where is Forrester Research headquartered?
Forrester Research is headquartered in United States of America and employs approximately 1,744 people. It has been publicly traded since 1996.