FORR
Forrester Research Inc
NASDAQ: FORR · INDUSTRIALS · CONSULTING SERVICES
$6.31
+1.28% today
Updated 2026-04-29
Market cap
$116.21M
P/E ratio
—
P/S ratio
0.29x
EPS (TTM)
$-6.28
Dividend yield
—
52W range
$5 – $12
Volume
0.1M
Forrester Research Inc (FORR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $181.47M | $212.06M | $240.88M | $233.35M | $250.73M | $283.62M | $292.93M | $297.65M | $312.06M | $313.73M | $326.10M | $337.67M | $357.57M | $461.70M | $448.98M | $494.31M | $537.79M | $480.78M | $432.47M | $396.89M |
| Revenue growth (YoY) | — | +16.9% | +13.6% | -3.1% | +7.4% | +13.1% | +3.3% | +1.6% | +4.8% | +0.5% | +3.9% | +3.6% | +5.9% | +29.1% | -2.8% | +10.1% | +8.8% | -10.6% | -10.0% | -8.2% |
| Cost of revenue | $73.27M | $81.61M | $87.80M | $84.27M | $94.11M | $103.57M | $111.23M | $117.06M | $126.20M | $126.26M | $128.18M | $136.87M | $146.50M | $196.73M | $180.90M | $201.81M | $223.77M | $204.48M | $9.65M | $185.49M |
| Gross profit | $108.20M | $130.45M | $153.07M | $149.09M | $156.62M | $180.04M | $181.70M | $180.59M | $185.86M | $187.47M | $197.92M | $200.80M | $211.07M | $264.97M | $268.08M | $292.50M | $314.01M | $276.30M | $422.82M | $211.40M |
| Gross margin | 59.6% | 61.5% | 63.5% | 63.9% | 62.5% | 63.5% | 62.0% | 60.7% | 59.6% | 59.8% | 60.7% | 59.5% | 59.0% | 57.4% | 59.7% | 59.2% | 58.4% | 57.5% | 97.8% | 53.3% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $200000.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $82.48M | $102.58M | $109.67M | $28.46M | $33.96M | $33.28M | $36.87M | $38.28M | $38.58M | $39.04M | $40.58M | $41.91M | $43.92M | $53.04M | $50.37M | $58.06M | $67.66M | $68.50M | $58.82M | $202.14M |
| Operating income | $20.04M | $22.65M | $37.96M | $32.42M | $30.75M | $37.00M | $30.66M | $21.83M | $18.21M | $18.83M | $30.77M | $27.55M | $22.43M | $-1.07M | $16.18M | $38.64M | $32.65M | $6.77M | $740000.00 | $1.95M |
| Operating margin | 11.0% | 10.7% | 15.8% | 13.9% | 12.3% | 13.0% | 10.5% | 7.3% | 5.8% | 6.0% | 9.4% | 8.2% | 6.3% | -0.2% | 3.6% | 7.8% | 6.1% | 1.4% | 0.2% | 0.5% |
| EBITDA | $25.72M | $22.65M | $37.96M | $40.41M | $30.75M | $46.57M | $43.55M | $35.24M | $31.53M | $32.30M | $40.44M | $34.80M | $32.64M | $42.24M | $61.23M | $73.35M | $70.10M | $41.41M | $35.83M | $16.72M |
| EBITDA margin | 14.2% | 10.7% | 15.8% | 17.3% | 12.3% | 16.4% | 14.9% | 11.8% | 10.1% | 10.3% | 12.4% | 10.3% | 9.1% | 9.1% | 13.6% | 14.8% | 13.0% | 8.6% | 8.3% | 4.2% |
| EBIT | $20.04M | $16.91M | $31.65M | $33.73M | $23.50M | $38.65M | $32.18M | $23.74M | $20.03M | $23.22M | $31.80M | $27.37M | $23.52M | $-1.54M | $18.27M | $37.41M | $33.16M | $9.35M | $5.65M | $1.95M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.05M | $5.34M | $4.22M | $2.46M | $3.06M | $3.01M | $2.68M |
| Income tax | $10.04M | $11.06M | $15.60M | $13.96M | $13.79M | $15.63M | $6.24M | $7.22M | $7.52M | $7.32M | $13.06M | $12.23M | $8.14M | $-29000.00 | $2.94M | $8.35M | $8.92M | $3.23M | $8.38M | $-49000.00 |
| Effective tax rate | 36.1% | 36.9% | 34.8% | 41.4% | 40.2% | 40.5% | 19.3% | 36.1% | 40.9% | 37.9% | 42.5% | 44.7% | 34.6% | 0.3% | 22.8% | 25.1% | 29.0% | 51.5% | 317.9% | 0.0% |
| Net income | $17.76M | $18.94M | $29.21M | $19.77M | $20.51M | $23.01M | $26.02M | $12.77M | $10.87M | $12.00M | $17.65M | $15.14M | $15.38M | $-9.57M | $9.99M | $24.84M | $21.81M | $3.05M | $-5.75M | $-119.36M |
| Net income growth (YoY) | — | +6.7% | +54.2% | -32.3% | +3.7% | +12.2% | +13.1% | -50.9% | -14.9% | +10.4% | +47.1% | -14.2% | +1.6% | -162.2% | +204.4% | +148.7% | -12.2% | -86.0% | -288.4% | -1976.9% |
| Profit margin | 9.8% | 8.9% | 12.1% | 8.5% | 8.2% | 8.1% | 8.9% | 4.3% | 3.5% | 3.8% | 5.4% | 4.5% | 4.3% | -2.1% | 2.2% | 5.0% | 4.1% | 0.6% | -1.3% | -30.1% |