Forrester Research, Inc. (FORR) — Financial statements
Income statement, balance sheet, and cash flow for Forrester Research, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 397↓8.2% | 432↓10.0% | 481↓10.6% | 538↑8.8% | 494 | |
| Cost of Revenue | 185↑1822.5% | 10↓95.3% | 204↓8.6% | 224↑10.9% | 202 | |
| Gross Profit | 211↓50.0% | 423↑53.0% | 276↓12.0% | 314↑7.4% | 293 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 59↓14.1% | 68↑1.2% | 68↑16.5% | 58 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 160↓4.6% | 167↓8.0% | 182↑6.4% | 171 | |
| SG&A Expenses | 209↓4.1% | 218↓7.4% | 236↓5.5% | 250↑9.0% | 229 | |
| Other Expenses | 0.00↓100.0% | 204↑504.6% | 34↑6.0% | 32↑27.8% | 25 | |
| Operating Expenses | 209↓50.4% | 422↑56.6% | 270↓4.2% | 281↑10.8% | 254 | |
| Total Costs & Expenses | 395↓8.5% | 432↓8.9% | 474↓6.2% | 505↑10.9% | 456 | |
| Operating Results | ||||||
| Operating Income | 2↑163.2% | 0.74↓89.1% | 7↓79.3% | 33↓15.5% | 39 | |
| Depreciation & Amortization | 15↓51.1% | 30↓5.9% | 32↓13.2% | 37↑2.8% | 36 | |
| EBITDA | 17↓53.3% | 36↓13.5% | 41↓40.9% | 70↓4.4% | 73 | |
| EBIT | 2↓65.5% | 6↓39.6% | 9↓71.8% | 33↓11.3% | 37 | |
| Interest & Other Income | ||||||
| Net Interest Income | -3↑11.0% | -3↑1.6% | -3↓24.3% | -2↑41.7% | -4 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 3↓11.0% | 3↓1.6% | 3↑24.3% | 2↓41.7% | 4 | |
| Non-Operating Income | 0.00↑100.0% | -5↓90.3% | -3↓385.7% | -0.53↓143.2% | 1 | |
| Other Income / Expenses | -121↓6497.3% | 2↑494.4% | -0.48↑75.1% | -2↑64.6% | -5 | |
| Income Before Tax | -119↓4628.2% | 3↓58.0% | 6↓79.5% | 31↓7.4% | 33 | |
| Income Tax Expense | -0.05↓100.6% | 8↑159.2% | 3↓63.7% | 9↑6.8% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -119↓1976.9% | -6↓288.4% | 3↓86.0% | 22↓12.2% | 25 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -119↓1976.9% | -6↓288.4% | 3↓86.0% | 22↓12.2% | 25 | |
| Bottom-Line Net Income | -119↓1976.9% | -6↓288.4% | 3↓86.0% | 22↓12.2% | 25 | |
| EPS (Basic) | -6.28↓1993.3% | -0.30↓287.5% | 0.16↓86.1% | 1.15↓11.5% | 1.30 | |
| EPS (Diluted) | -6.28↓1993.3% | -0.30↓287.5% | 0.16↓86.0% | 1.14↓10.9% | 1.28 | |
| Weighted Average Shares | 19↓0.4% | 19↓0.5% | 19↑1.1% | 19↓0.7% | 19 | |
| Weighted Average Diluted Shares | 19↓0.4% | 19↓0.9% | 19↑0.4% | 19↓1.0% | 19 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.