What is Forrester Research's operating margin?

Forrester Research (FORR) reported operating margin of -11.3% in Q1 2026.

What is the long-term trend for Forrester Research's operating margin?

Over 3 years (2020 to 2025), Forrester Research's operating margin has grown at a 99.3% compound annual growth rate (CAGR), from -3.6% to -28.5%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

Forrester Research FORR Operating margin

Operating margin at other companies

GartnerIT

16.4%-1.9pp

Information Services GroupIII

7.9%+3.1pp

AccentureACN

14.5%-0.9pp

CRA InternationalCRAI

9.8%-1.2pp

FTI ConsultingFCN

10.2%+1.3pp

Resources Connection, Inc.RGP

-18.1%-2.4pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$25.6M-4.3%

CapEx$6.2M+856%

Free cash flow$19.4M-25.7%

Valuation

See full

Market cap$163.25M-12.9%

Enterprise value$151.69M-22.7%

P/S0.4×0.0×

Profitability

See full

Gross margin56.7%-1.2pp

Net margin-13.7%-3.4pp

FCF margin4.6%—

Returns & leverage

See full

Return on equity-42.5%-2.9pp

Debt / equity0.6×+0.1×

Current ratio0.9×-0.1×

Where this comes from

Calculated from Forrester Research’s reported figures.

operating income/total revenue=-11.3%

Based on trailing twelve months.

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

Ask your AI about Forrester Research's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Forrester Research's operating margin?: Forrester Research (FORR) reported operating margin of -11.3% in Q1 2026.
What is the long-term trend for Forrester Research's operating margin?: Over 3 years (2020 to 2025), Forrester Research's operating margin has grown at a 99.3% compound annual growth rate (CAGR), from -3.6% to -28.5%.
What does operating margin mean?: Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.