NASDAQ:FORR
Forrester Research, Inc.
Forrester Research, Inc.'s revenue fell 8.2% in fiscal 2025 to $396.9M while operating margin fell to −28.5%, its lowest in 10 years. Free cash flow was $18.1M, 4.6% of revenue.Summary generated from Forrester Research, Inc.'s SEC filings. Latest annual report filed Mar 13, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$396.9M
Revenue growth−8.2%
Revenue, 5-yr CAGR−2.4%
Gross margin57.0%
Operating margin−28.5%
Net margin−30.1%
ROIC−58.3%
Return on equity−67.0%
Debt / equity0.28
Free cash flow$18.1M
FCF margin4.6%
Share count change−0.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 494 | 538 | 481 | 432 | 397 |
| Operating income | 39 | 33 | 7 | 1 | −113 |
| Net income | 25 | 22 | 3 | −6 | −119 |
| Free cash flow | 96 | 34 | 16 | −7 | 18 |
Recent filings
- 4Insider transaction report
Sep 2, 2026 - 4Insider transaction report
Aug 20, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Jul 30, 2026 - 8-KEntry into a material agreement
May 13, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 8, 2026 - 8-KResults of operations and financial condition
May 6, 2026 - DEF 14AProxy statement
Mar 31, 2026