Forrester Research annual operating expenses
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Forrester Research Operating Expenses Growth & History (FORR)
Forrester Research's operating expenses was $510.1M for fiscal 2025.
View full Forrester Research company overviewForrester Research annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $510.1M | $78.3M | +18.14% |
| 2024 | 2024-12-31 | $431.7M | −$42.3M | −8.92% |
| 2023 | 2023-12-31 | $474.0M | −$31.1M | −6.16% |
| 2022 | 2022-12-31 | $505.1M | $49.5M | +10.85% |
| 2021 | 2021-12-31 | $455.7M | $152.7M | +50.42% |
| 2020 | 2020-12-31 | $302.9M | −$159.8M | −34.54% |
| 2019 | 2019-12-31 | $462.8M | $127.6M | +38.08% |
| 2018 | 2018-12-31 | $335.1M | $25.0M | +8.07% |
| 2017 | 2017-12-31 | $310.1M | $14.8M | +5.01% |
| 2016 | 2016-12-31 | $295.3M | $110.6M | +59.88% |
| 2015 | 2015-12-31 | $184.7M | $10.9M | +6.26% |
| 2014 | 2014-12-31 | $173.8M | $8.8M | +5.33% |
| 2013 | 2013-12-31 | $165.0M | −$97.2M | −37.07% |
| 2012 | 2012-12-31 | $262.3M | $15.7M | +6.35% |
| 2011 | 2011-12-31 | $246.6M | $26.6M | +12.11% |
| 2010 | 2010-12-31 | $220.0M | $19.0M | +9.48% |
| 2009 | 2009-12-31 | $200.9M | — | — |
Forrester Research quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $96.8M | −$7.9M | −7.51% |
| Q1 2026 | 2026-03-31 | $104.1M | −$73.4M | −41.35% |
| Q4 2025 | 2025-12-31 | $138.1M | $29.5M | +27.13% |
| Q3 2025 | 2025-09-30 | $89.8M | −$13.4M | −13.00% |
| Q2 2025 | 2025-06-30 | $104.7M | −$5.8M | −5.26% |
| Q1 2025 | 2025-03-31 | $177.5M | $68.1M | +62.26% |
| Q4 2024 | 2024-12-31 | $108.6M | −$10.9M | −9.15% |
| Q3 2024 | 2024-09-30 | $103.3M | −$5.1M | −4.72% |
| Q2 2024 | 2024-06-30 | $110.5M | −$16.8M | −13.19% |
| Q1 2024 | 2024-03-31 | $109.4M | −$9.4M | −7.95% |
| Q4 2023 | 2023-12-31 | $119.5M | −$20.4M | −14.60% |
| Q3 2023 | 2023-09-30 | $108.4M | −$10.7M | −9.02% |
| Q2 2023 | 2023-06-30 | $127.3M | −$242,000 | −0.19% |
| Q1 2023 | 2023-03-31 | $118.8M | $310,000 | +0.26% |
| Q4 2022 | 2022-12-31 | $140.0M | $17.7M | +14.50% |
| Q3 2022 | 2022-09-30 | $119.1M | $7.5M | +6.74% |
| Q2 2022 | 2022-06-30 | $127.5M | $12.0M | +10.34% |
| Q1 2022 | 2022-03-31 | $118.5M | $12.3M | +11.53% |
| Q4 2021 | 2021-12-31 | $122.2M | $18.7M | +18.11% |
| Q3 2021 | 2021-09-30 | $111.6M | $3.2M | +2.95% |
| Q2 2021 | 2021-06-30 | $115.6M | $13.3M | +12.98% |
| Q1 2021 | 2021-03-31 | $106.2M | $621,000 | +0.59% |
| Q4 2020 | 2020-12-31 | $103.5M | −$13.9M | −11.87% |
| Q3 2020 | 2020-09-30 | $108.4M | −$1.8M | −1.66% |
| Q2 2020 | 2020-06-30 | $102.3M | −$21.3M | −17.20% |
| Q1 2020 | 2020-03-31 | $105.6M | −$5.9M | −5.30% |
| Q4 2019 | 2019-12-31 | $117.4M | $27.6M | +30.72% |
| Q3 2019 | 2019-09-30 | $110.2M | $30.3M | +37.88% |
| Q2 2019 | 2019-06-30 | $123.6M | $38.2M | +44.81% |
| Q1 2019 | 2019-03-31 | $111.5M | $31.5M | +39.35% |
| Q4 2018 | 2018-12-31 | $89.8M | $6.9M | +8.34% |
| Q3 2018 | 2018-09-30 | $79.9M | $6.3M | +8.60% |
| Q2 2018 | 2018-06-30 | $85.3M | $5.8M | +7.30% |
| Q1 2018 | 2018-03-31 | $80.0M | $6.0M | +8.07% |
| Q4 2017 | 2017-12-31 | $82.9M | −$75.3M | −47.58% |
| Q3 2017 | 2017-09-30 | $73.6M | $29.7M | +67.76% |
| Q2 2017 | 2017-06-30 | $79.5M | $33.8M | +73.88% |
| Q1 2017 | 2017-03-31 | $74.1M | $26.6M | +55.91% |
| Q4 2016 | 2016-12-31 | $158.2M | $104.7M | +195.75% |
| Q3 2016 | 2016-09-30 | $43.9M | $1.9M | +4.55% |
| Q2 2016 | 2016-06-30 | $45.7M | $4.1M | +9.92% |
| Q1 2016 | 2016-03-31 | $47.5M | −$144,000 | −0.30% |
| Q4 2015 | 2015-12-31 | $53.5M | $10.4M | +24.06% |
| Q3 2015 | 2015-09-30 | $42.0M | $434,000 | +1.04% |
| Q2 2015 | 2015-06-30 | $41.6M | −$2.5M | −5.73% |
| Q1 2015 | 2015-03-31 | $47.6M | $2.6M | +5.76% |
| Q4 2014 | 2014-12-31 | $43.1M | $25.6M | +145.49% |
| Q3 2014 | 2014-09-30 | $41.5M | $2.0M | +5.19% |
| Q2 2014 | 2014-06-30 | $44.1M | $4.2M | +10.58% |
| Q1 2014 | 2014-03-31 | $45.0M | −$23.0M | −33.83% |
| Q4 2013 | 2013-12-31 | $17.6M | −$49.8M | −73.93% |
| Q3 2013 | 2013-09-30 | $39.5M | −$22.2M | −35.94% |
| Q2 2013 | 2013-06-30 | $39.9M | −$27.7M | −40.99% |
| Q1 2013 | 2013-03-31 | $68.1M | $2.4M | +3.73% |
| Q4 2012 | 2012-12-31 | $67.4M | $6.1M | +10.04% |
| Q3 2012 | 2012-09-30 | $61.6M | $1.6M | +2.70% |
| Q2 2012 | 2012-06-30 | $67.6M | $3.8M | +5.95% |
| Q1 2012 | 2012-03-31 | $65.6M | $4.1M | +6.64% |
| Q4 2011 | 2011-12-31 | $61.2M | — | — |
| Q3 2011 | 2011-09-30 | $60.0M | $6.1M | +11.23% |
| Q2 2011 | 2011-06-30 | $63.8M | $9.3M | +17.08% |
| Q1 2011 | 2011-03-31 | $61.5M | — | — |
| Q3 2010 | 2010-09-30 | $54.0M | — | — |
| Q2 2010 | 2010-06-30 | $54.5M | — | — |
Forrester Research operating expenses trends
Over the last five fiscal years, Forrester Research's operating expenses increased from $302.9M to $510.1M, a change of $207.1M. The latest reported quarter, Q2 2026, shows $96.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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