Forrester Research annual operating margin
2009
2010
2011
2012
2016
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2018
2019
2020
2021
2022
2023
2024
2025
Forrester Research's operating margin was −28.52% for fiscal 2025.
View full Forrester Research company overview| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −28.52% | −28.69 pp |
| 2024 | 2024-12-31 | 0.17% | −1.24 pp |
| 2023 | 2023-12-31 | 1.41% | −4.66 pp |
| 2022 | 2022-12-31 | 6.07% | −1.75 pp |
| 2021 | 2021-12-31 | 7.82% | +11.42 pp |
| 2020 | 2020-12-31 | −3.60% | −3.84 pp |
| 2019 | 2019-12-31 | 0.23% | −6.04 pp |
| 2018 | 2018-12-31 | 6.27% | −1.89 pp |
| 2017 | 2017-12-31 | 8.16% | −1.28 pp |
| 2016 | 2016-12-31 | 9.44% | −1.06 pp |
| 2012 | 2012-12-31 | 10.50% | −2.44 pp |
| 2011 | 2011-12-31 | 12.95% | +0.68 pp |
| 2010 | 2010-12-31 | 12.26% | −1.63 pp |
| 2009 | 2009-12-31 | 13.89% | — |
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.39% | −2.84 pp |
| Q1 2026 | 2026-03-31 | −21.80% | +75.66 pp |
| Q4 2025 | 2025-12-31 | −36.61% | −36.10 pp |
| Q3 2025 | 2025-09-30 | 4.73% | +5.44 pp |
| Q2 2025 | 2025-06-30 | 6.23% | −3.06 pp |
| Q1 2025 | 2025-03-31 | −97.46% | −88.17 pp |
| Q4 2024 | 2024-12-31 | −0.51% | +0.71 pp |
| Q3 2024 | 2024-09-30 | −0.71% | −5.17 pp |
| Q2 2024 | 2024-06-30 | 9.29% | +3.17 pp |
| Q1 2024 | 2024-03-31 | −9.28% | −4.76 pp |
| Q4 2023 | 2023-12-31 | −1.22% | +1.03 pp |
| Q3 2023 | 2023-09-30 | 4.46% | −2.24 pp |
| Q2 2023 | 2023-06-30 | 6.11% | −7.85 pp |
| Q1 2023 | 2023-03-31 | −4.52% | −9.70 pp |
| Q4 2022 | 2022-12-31 | −2.25% | −10.84 pp |
| Q3 2022 | 2022-09-30 | 6.70% | +1.17 pp |
| Q2 2022 | 2022-06-30 | 13.97% | +3.80 pp |
| Q1 2022 | 2022-03-31 | 5.18% | −1.45 pp |
| Q4 2021 | 2021-12-31 | 8.59% | +32.07 pp |
| Q3 2021 | 2021-09-30 | 5.54% | +5.37 pp |
| Q2 2021 | 2021-06-30 | 10.17% | +0.28 pp |
| Q1 2021 | 2021-03-31 | 6.62% | +5.95 pp |
| Q4 2020 | 2020-12-31 | −23.48% | −30.71 pp |
| Q3 2020 | 2020-09-30 | 0.16% | +1.67 pp |
| Q2 2020 | 2020-06-30 | 9.89% | +6.29 pp |
| Q1 2020 | 2020-03-31 | 0.68% | +11.49 pp |
| Q4 2019 | 2019-12-31 | 7.22% | −1.65 pp |
| Q3 2019 | 2019-09-30 | −1.51% | −7.33 pp |
| Q2 2019 | 2019-06-30 | 3.61% | −7.84 pp |
| Q1 2019 | 2019-03-31 | −10.81% | −7.87 pp |
| Q4 2018 | 2018-12-31 | 8.87% | +0.63 pp |
| Q3 2018 | 2018-09-30 | 5.82% | −2.58 pp |
| Q2 2018 | 2018-06-30 | 11.44% | +0.06 pp |
| Q1 2018 | 2018-03-31 | −2.94% | −7.01 pp |
| Q4 2017 | 2017-12-31 | 8.24% | +3.66 pp |
| Q3 2017 | 2017-09-30 | 8.40% | −1.65 pp |
| Q2 2017 | 2017-06-30 | 11.38% | +0.97 pp |
| Q1 2017 | 2017-03-31 | 4.06% | −10.43 pp |
| Q1 2013 | 2013-03-31 | 4.59% | −2.00 pp |
| Q4 2012 | 2012-12-31 | 10.05% | −7.57 pp |
| Q3 2012 | 2012-09-30 | 10.41% | −3.57 pp |
| Q2 2012 | 2012-06-30 | 14.49% | +1.40 pp |
| Q1 2012 | 2012-03-31 | 6.59% | +0.20 pp |
| Q4 2011 | 2011-12-31 | 17.62% | +7.90 pp |
| Q3 2011 | 2011-09-30 | 13.97% | −1.69 pp |
| Q2 2011 | 2011-06-30 | 13.09% | — |
| Q1 2011 | 2011-03-31 | 6.39% | — |
| Q3 2010 | 2010-09-30 | 9.72% | — |
| Q2 2010 | 2010-06-30 | 15.67% | — |
Over the last five reported fiscal years, Forrester Research's operating margin decreased from −3.60% to −28.52%, a change of −24.91 percentage points. The latest reported quarter, Q2 2026, shows 3.39%.
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forrester Research filings at SEC.gov ↗