Forrester Research, Inc.FORRNASDAQ

Revenue (LTM)

$397M

-8.2% YoY

Net Income (LTM)

$-119M

-1976.9% YoY

Free Cash Flow

$18M

Revenue CAGR (5Y)

-5.3%

Marginsimproving

FCFTurned positive

Unprofitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	494	538↑8.8%	481↓10.6%	432↓10.0%	397↓8.2%
Gross Profit	293	314↑7.4%	276↓12.0%	423↑53.0%	211↓50.0%
Operating Income	39	33↓15.5%	7↓79.3%	1↓89.1%	2↑163.2%
Net Income	25	22↓12.2%	3↓86.0%	-6↓288.4%	-119↓1976.9%
EBITDA	73	70↓4.4%	41↓40.9%	36↓13.5%	17↓53.3%
EPS Diluted	1.28	1.14↓10.9%	0.16↓86.0%	-0.30↓287.5%	-6.28↓1993.3%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	116	123↑6.5%	73↓40.9%	56↓23.1%	63↑12.9%
Total Current Assets	269	235↓12.7%	216↓8.2%	201↓6.8%	213↑5.6%
Total Assets	680	608↓10.5%	564↓7.3%	504↓10.7%	404↓19.8%
Total Current Liabilities	312	269↓13.8%	240↓10.9%	204↓15.0%	240↑17.7%
Total Liabilities	476	387↓18.8%	324↓16.3%	274↓15.3%	278↑1.2%
Total Equity	204	222↑8.7%	240↑8.4%	230↓4.5%	127↓44.9%
Total Debt	153	114↓25.3%	87↓24.1%	73↓16.4%	72↓0.9%
Net Debt	19	-9↓147.6%	14↑256.1%	16↑18.2%	9↓48.1%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	107	39↓63.2%	22↓45.0%	-4↓117.8%	21↑646.0%
Capital Expenditure	-11	-6↑47.3%	-5↑3.0%	-3↑38.1%	-3↑12.1%
Free Cash Flow	96	34↓64.9%	16↓52.1%	-7↓144.9%	18↑349.2%
Stock-Based Comp	10	15↑44.4%	15↑6.5%	14↓7.4%	12↓14.6%
Net Change in Cash	27	-12↓145.2%	-31↓147.3%	-17↑44.9%	7↑143.9%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

Explore More

Filter and sort all 500 stocks

Today's biggest gainers and losers

Visual sector performance