Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Forrester Research, Inc. (FORR)
Price$12.65Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $396.9M | $432.5M | $480.8M | $537.8M | $494.3M | $449.0M | $461.7M | $357.6M | $337.7M | $326.1M | $313.7M | $312.1M | $297.6M | $292.9M | $283.6M | $250.7M | $233.4M |
| Gross profit | $226.2M | $249.9M | $282.8M | $325.5M | $311.7M | $286.8M | $279.1M | $229.2M | $219.0M | $213.9M | $203.5M | $192.1M | $186.9M | $186.0M | $180.0M | $156.6M | $145.5M |
| Gross margin | 56.99% | 57.79% | 58.81% | 60.53% | 63.05% | 63.87% | 60.45% | 64.10% | 64.84% | 65.60% | 64.88% | 61.54% | 62.79% | 63.50% | 63.48% | 62.47% | 62.34% |
| Operating expenses | $510.1M | $431.7M | $474.0M | $505.1M | $455.7M | $302.9M | $462.8M | $335.1M | $310.1M | $295.3M | $184.7M | $173.8M | $165.0M | $262.3M | $246.6M | $220.0M | $200.9M |
| Operating income | −$113.2M | $740,000 | $6.8M | $32.7M | $38.6M | −$16.2M | $1.1M | $22.4M | $27.5M | $30.8M | $18.8M | $18.2M | $21.8M | $30.8M | $36.7M | $30.8M | $32.4M |
| Operating margin | −28.52% | 0.17% | 1.41% | 6.07% | 7.82% | −3.60% | 0.23% | 6.27% | 8.16% | 9.44% | 6.00% | 5.84% | 7.34% | 10.50% | 12.95% | 12.26% | 13.89% |
| EBITDA | −$98.4M | $17.9M | $27.2M | $55.1M | $63.2M | $13.4M | $32.3M | $31.5M | $35.0M | $39.4M | $27.9M | $29.7M | $33.3M | $42.1M | $44.6M | $38.0M | $39.1M |
| EBITDA margin | −24.79% | 4.15% | 5.65% | 10.24% | 12.78% | 2.98% | 6.99% | 8.82% | 10.36% | 12.09% | 8.90% | 9.52% | 11.20% | 14.38% | 15.74% | 15.16% | 16.75% |
| Net income | −$119.4M | −$5.7M | $3.0M | $21.8M | $24.8M | $10.0M | −$9.6M | $15.4M | $15.1M | $17.7M | $12.0M | $10.9M | $13.0M | $26.3M | $22.0M | $20.5M | $18.9M |
| Net profit margin | −30.07% | −1.33% | 0.63% | 4.05% | 5.03% | 2.23% | −2.07% | 4.30% | 4.48% | 5.41% | 3.82% | 3.48% | 4.38% | 8.98% | 7.75% | 8.18% | 8.08% |
| Basic EPSper basic share | -$6.28 | -$0.30 | $0.16 | $1.15 | $1.30 | -$0.53 | $0.52 | $0.85 | $0.84 | $0.98 | $0.67 | $0.58 | $0.62 | $1.17 | $0.97 | $0.91 | $0.83 |
| Diluted EPSper diluted share | -$6.28 | -$0.30 | $0.16 | $1.14 | $1.28 | $0.53 | $0.52 | $0.84 | $0.83 | $0.97 | $0.66 | $0.57 | $0.61 | $1.15 | $0.95 | $0.89 | $0.82 |
Owners
Reported shareholders
8.42%of listed shares
Portolan Capital Management, LLC1.62M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
Portolan Capital Management, LLC | 8.42%1.62M shares |
Nantahala Capital Management, LLC | 7.92%1.53M shares |
Tieton Capital Management, LLC | 3.93%757.48K shares |
FIRST MANHATTAN CO. LLC. | 3.89%750K shares |
Pacific Ridge Capital Partners, LLC | 3.66%705.34K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.59%500.4K shares |
ACADIAN ASSET MANAGEMENT LLC | 2.23%429.61K shares |
RENAISSANCE TECHNOLOGIES LLC | 2.17%418.21K shares |
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 1.90%366.69K shares |
AQR CAPITAL MANAGEMENT LLC | 1.85%357.67K shares |
Quantinno Capital Management LP | 1.50%289.2K shares |
BlackRock, Inc. | 1.40%270.11K shares |
Ancora Advisors LLC | 1.40%269.89K shares |
ArrowMark Colorado Holdings LLC | 1.20%231.81K shares |
DIMENSIONAL FUND ADVISORS LP | 1.10%211.96K shares |
SEI INVESTMENTS CO | 1.04%200.41K shares |
Russell Investments Group, Ltd. | 1.03%199.01K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.88%169.09K shares |
JANE STREET GROUP, LLC | 0.87%168.33K shares |
MORGAN STANLEY | 0.85%163.79K shares |
Percentages use 19.28M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Aug 5, 2024Form 4 | Facemire MichaelChief Technology Officer | SellCommon Stock | 719 | $18.76 | $13.5K | 1 |
| Aug 5, 2024Form 4 | Darrah RyanChief Legal Officer | SellCommon Stock | 3.9K | $18.26 | $71.1K | 19.6K |
| Aug 2, 2024Form 4 | Darrah RyanChief Legal Officer | SellCommon Stock | 761 | $19.07 | $14.5K | 23.5K |