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Forrester Research FORR Professional Services — Cost Of Revenue

Other product segments

Compensation Benefits And Related Costs
$31.47M+2.3%
Billable Expenses
$1.31M-8.8%
Travel And Entertainment
$547K+8.1%
Software
$457K+16.0%
Other Segment Expenses
$54K-22.9%

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$31.51M+23.5%
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$5.6M+9.4%
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CXMProfessional services — Total Cost of Revenue
$25.59M+25.2%

Other financials

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

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Market cap$163.25M-12.9%
Enterprise value$151.69M-22.7%
P/S0.4×0.0×

Profitability

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Gross margin56.7%-1.2pp
Operating margin-11.3%
Net margin-13.7%-3.4pp
FCF margin4.6%

Returns & leverage

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

Where this comes from

Reported directly by Forrester Research in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Forrester Research’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forrester Research's professional services — cost of revenue?
Forrester Research (FORR) reported professional services — cost of revenue of $3.18M in Q1 2026.
How has Forrester Research's professional services — cost of revenue changed year-over-year?
Forrester Research's professional services — cost of revenue decreased by 0.8% year-over-year, from $3.21M to $3.18M.
What is the long-term trend for Forrester Research's professional services — cost of revenue?
Over 3 years (2022 to 2025), Forrester Research's professional services — cost of revenue has grown at a -21.7% compound annual growth rate (CAGR), from $21.57M to $10.35M.
What does professional services — cost of revenue mean?
This metric represents the direct costs incurred by the company to deliver professional services, including personnel compensation, travel expenses, and third-party contractor fees. It serves as a key indicator of the operational efficiency and direct resource intensity required to generate revenue within the consulting and advisory business segment. Monitoring this figure helps investors assess the scalability of service delivery and the company's ability to manage direct labor costs relative to professional services revenue.