FY2025 · ended Dec 31, 2025 · Revenue $396.89M, -8.2% YoY · Filed Mar 13, 2026
Forrester Research, Inc. (FORR) files with the SEC under industry code 8700, Services-Engineering, Accounting, Research, Management. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $396.9 million and a net loss of $119.4 million. Free cash flow was $18.1 million. As of Jun 30, 2026 it held $130.8 million in cash and investments and $64.0 million in total debt.
Revenue (TTM)
$381.04M
-7.5% vs year-ago TTM
Net income (TTM)
$-42.57M
+52.0% vs year-ago TTM
Operating cash flow (TTM)
$23.01M
+6.9% vs year-ago TTM
Free cash flow (TTM)
$3.03M
-84.2% vs year-ago TTM
EPS (TTM)
$-2.22
+52.4% vs year-ago TTM
Dividend per share
$0.80
Shares outstanding
19.18M
+1.0% vs prior year
Net cash
$66.84M
as of Jun 30, 2026
Operating margin
-12.5%
FY 2026
Company profile
- Industry
- Services-Engineering, Accounting, Research, Management (SIC 8700)
- Listed as
- FORR (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Cambridge, MA
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1023313
- Former names
- FORRESTER RESEARCH INC (until Mar 5, 2013)
Other Services-Engineering, Accounting, Research, Management companies
- Paychex Inc PAYX
- Galaxy Payroll Group Ltd GLXG
- Independence Power Holdings, Inc. ITXP
All 4 Services-Engineering, Accounting, Research, Management companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $396.9M | $432.5M | $480.8M | $537.8M | $494.3M |
| Operating income | -$113.2M | $740,000 | $6.8M | $32.7M | $38.6M |
| Net income | -$119.4M | -$5.7M | $3.0M | $21.8M | $24.8M |
| Diluted EPS | -$6.28 | -$0.30 | $0.16 | $1.14 | $1.28 |
| Operating cash flow | $21.1M | -$3.9M | $21.7M | $39.4M | $107.1M |
| Free cash flow | $18.1M | -$7.3M | $16.2M | $33.8M | $96.3M |
| Total assets | $404.0M | $503.9M | $564.2M | $608.4M | $680.1M |
| Total liabilities | $277.5M | $274.3M | $323.9M | $386.8M | $476.2M |
| Stockholders' equity | $126.5M | $229.5M | $240.3M | $221.7M | $203.9M |
| Cash and investments | $127.7M | $104.7M | $124.5M | $123.3M | $134.3M |
| Total debt | $71.9M | $72.6M | $86.9M | $114.4M | $153.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Material agreement, Officer or director change, Shareholder vote results
|
May 13, 2026 | May 12, 2026 |
| 10-Q | Quarterly report | May 8, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 6, 2026 | May 6, 2026 |
All 1000 Forrester Research, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.