FORR
Forrester Research, Inc.
NASDAQ · Industrials · Consulting Services · US
$12.65
+1.36%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 381.0M | 396.9M | 432.5M | 480.8M | 537.8M |
| Cost of Revenue | 163.8M | 170.7M | 9.6M | 204.5M | 223.8M |
| Gross Profit | 217.2M | 226.2M | 422.8M | 276.3M | 314.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 199.5M | 202.1M | 218.4M | 235.8M | 249.6M |
| General & Admin Expense | 53.7M | 52.7M | 58.8M | 68.5M | 67.7M |
| Selling & Marketing Expense | 145.7M | 149.5M | 159.6M | 167.4M | 181.9M |
| Other Expenses | 22.5M | 22.1M | 203.6M | 33.7M | 31.8M |
| Total Operating Expenses | 221.9M | 224.2M | 422.1M | 269.5M | 281.4M |
| Cost and Expenses | 385.7M | 394.9M | 431.7M | 474.0M | 505.1M |
| Operating Income (EBIT) | (4.7M) | 1.9M | 740.0K | 6.8M | 32.7M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 2.5M | 2.7M | 3.0M | 3.1M | 2.5M |
| Net Interest Income | (2.5M) | (2.7M) | (3.0M) | (3.1M) | (2.5M) |
| Other Non-Op Income/Expense | (49.3M) | (121.4M) | 1.9M | (481.0K) | (1.9M) |
| Non-Operating Income (excl Interest) | 46.8M | 118.7M | (4.9M) | (2.6M) | (531.0K) |
| EBT (Pre-Tax Income) | (54.0M) | (119.4M) | 2.6M | 6.3M | 30.7M |
| Income Tax Expense | (11.5M) | (49.0K) | 8.4M | 3.2M | 8.9M |
| Bottom Line | |||||
| Net Income | (42.6M) | (119.4M) | (5.7M) | 3.0M | 21.8M |
| Earnings from Cont. Ops | (42.6M) | (119.4M) | (5.7M) | 3.0M | 21.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (42.6M) | (119.4M) | (5.7M) | 3.0M | 21.8M |
| Per Share | |||||
| Basic EPS | ($2.24) | ($6.28) | ($0.30) | $0.16 | $1.15 |
| Diluted EPS | ($2.25) | ($6.28) | ($0.30) | $0.16 | $1.14 |
| Revenue Per Share | $19.64 | $20.87 | $22.65 | $25.06 | $28.35 |
| Shares | |||||
| Basic Shares Outstanding | 19.4M | 19.0M | 19.1M | 19.2M | 19.0M |
| Diluted Shares Outstanding | 19.5M | 19.0M | 19.1M | 19.3M | 19.2M |
| Profitability Metrics | |||||
| EBITDA | (29.3M) | (95.3M) | 35.8M | 41.4M | 70.1M |
| D&A | 22.2M | 21.4M | 30.2M | 32.1M | 36.9M |
| EBIT | (51.5M) | (116.7M) | 5.6M | 9.3M | 33.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026