Forrester Research, Inc. (FORR) quarterly cash flow statement — complete operating, investing & financing history
Forrester Research, Inc. (FORR) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 14.31M | 25.58M | -3.21M | 1.2M | -3.63M | 26.72M | -1.83M | 264K | -2.91M | 611K | 11.88M | -6M | 3.11M | 12.28M | 1.62M | 3.05M | 34.76M | 22.67M | 22.07M | 14.9M |
| Operating CF Margin % | 14.28% | 29.93% | -3.18% | 1.27% | -3.25% | 29.73% | -1.69% | 0.26% | -2.39% | 0.61% | 10.06% | -5.29% | 2.29% | 10.8% | 1.18% | 2.39% | 23.44% | 18.14% | 16.51% | 12.61% |
| Operating CF Growth % | 494.68% | -4.28% | -75.52% | 353.41% | -24.81% | 4273.65% | -115.4% | 104.4% | -193.41% | -95.03% | 632.55% | -296.75% | -91.05% | -45.81% | -92.65% | -79.54% | 17.65% | -44.1% | 18.97% | 254.99% |
| Net Income | 15.25M | -21.82M | -33.88M | -2.13M | 3.91M | -87.27M | 432K | -5.8M | 6.29M | -6.67M | -663K | 2.48M | 5.3M | -4.08M | -1.63M | 5.41M | 13.87M | 4.15M | 8.02M | 4.52M |
| Depreciation & Amortization | 1.7M | 5.09M | 4.71M | 9.17M | 1.47M | 6.11M | 5.95M | -3.62M | 6.88M | 10.25M | 7.25M | 7.7M | 9.06M | 5.17M | 11.74M | 8.48M | 8.35M | 8.37M | 8.74M | 9.08M |
| Stock-Based Compensation | 2.89M | 2.72M | 2.42M | 3.37M | 3.99M | 2.47M | 3.14M | 3.6M | 4.03M | 3.57M | 4.32M | 4.14M | 3.86M | 3.17M | 3.51M | 3.9M | 3.84M | 3.29M | 2.72M | 2.46M |
| Deferred Taxes | 24.61M | -10.3M | -392K | -1.96M | -2.46M | 879K | 301K | 676K | -4.52M | 3.48M | -1.35M | -2.63M | -3.4M | 1.93M | -3.63M | 202K | -2.21M | -1.01M | 1.88M | 2.46M |
| Other Non-Cash Items | -6.38M | 11.25M | 26.77M | 2.45M | 4.53M | 85.23M | -1.02M | 13.94M | 66K | 659K | 184K | -3K | 276K | -8.66M | 1.88M | -158K | 22.67M | -58K | 663K | 516K |
| Working Capital Changes | -23.77M | 38.64M | -2.85M | -9.71M | -15.07M | 19.3M | -10.63M | -8.54M | -15.65M | -10.69M | 2.15M | -17.7M | -11.99M | 14.76M | -10.25M | -14.79M | -11.76M | 7.92M | 50K | -4.14M |
| Change in Receivables | 4.72M | 9.68M | -17.15M | 6.49M | 3.12M | 12.39M | -16.86M | 6.08M | 6.89M | 3.88M | -17.57M | 4.9M | 12.7M | 14.69M | -21.97M | 8.1M | 10.47M | 16.24M | -34.95M | 10.58M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.84M | 0 | 0 | 0 | 0 | 0 | 26.56M | -1.72M |
| Change in Payables | 226K | 244K | -989K | 41K | 1.35M | -544K | -595K | -771K | -418K | 970K | 1.02M | -364K | 703K | 64K | -723K | 996K | -784K | 50K | 137K | -321K |
| Cash from Investing | -11.81M | -14.07M | 1.64M | -956K | -6.28M | -8.47M | 245K | 7.45M | 4.56M | -7.24M | -43.06M | -1.24M | -637K | 1.34M | -1.09M | -2.13M | -1.68M | -1.91M | -2.45M | -21.61M |
| Capital Expenditures | -12.04M | -6.2M | -1.06M | -673K | -602K | -648K | -657K | -487K | -830K | -1.43M | -1.59M | -1.24M | -637K | -1.63M | -1.44M | -1.53M | -2.7M | -1.26M | -900K | -4.6M |
| CapEx % of Revenue | 12.01% | 7.25% | 1.05% | 0.71% | 0.54% | 0.72% | 0.61% | 0.47% | 0.68% | 1.42% | 1.35% | 1.09% | 0.47% | 1.44% | 1.05% | 1.2% | 1.82% | 1.01% | 0.67% | 3.9% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -60K | -53K | 4K | -84K | 472K | 1.25M | 6K | 5.92M | 5.39M | 14K | -20K | -4M | -3.14M | -62K | -45K | 67K | 1.36M | 85K | 12K | -17M |
| Cash from Financing | -1.66M | 148K | -195K | -2.12M | -485K | 235K | -3.05M | -4.77M | -4M | -4.27M | -57K | -3M | -1M | -14.24M | -82K | -499K | -15.55M | -22.74M | -33.62M | -9.07M |
| Debt Issued (Net) | 0 | -132K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15M | 0 | 0 | -10M | -15M | -25M | -3.13M |
| Equity Issued (Net) | -956K | 488K | -132K | -1.76M | -44K | 664K | -2.94M | -4.97M | -3.92M | -4.1M | -61K | -3.26M | -820K | 0 | -136K | 0 | -5.77M | -7.6M | -8.1M | -7.97M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -956K | 0 | -133K | -2.36M | -44K | 0 | -2.94M | -4.97M | -3.92M | -4.1M | -61K | -3.26M | -820K | -1.08M | -136K | -2.72M | -5.65M | -9.46M | -9.42M | -7.97M |
| Other Financing | -708K | -208K | -63K | -362K | -441K | -429K | -115K | 195K | -83K | -176K | 4K | 259K | -180K | 761K | 54K | -499K | 216K | -139K | -520K | 2.02M |
| Net Change in Cash | 487K | 10.53M | -1.78M | -2.69M | -7.7M | 19.57M | -6.81M | 4.03M | -2.53M | -11.53M | -28.8M | -120.45M | -104.63M | 634K | 5.05M | -4.66M | -9.44M | -3.34M | -13.77M | -17.13M |
| Free Cash Flow | 2.27M | 19.38M | -4.28M | 524K | -4.23M | 26.07M | -2.49M | -223K | -3.74M | -815K | 10.29M | -7.24M | 2.47M | 10.65M | 186K | 1.52M | 32.06M | 21.4M | 21.18M | 10.3M |
| FCF Margin % | 2.27% | 22.68% | -4.23% | 0.56% | -3.79% | 29.01% | -2.3% | -0.22% | -3.07% | -0.81% | 8.71% | -6.38% | 1.82% | 9.37% | 0.14% | 1.19% | 21.62% | 17.13% | 15.83% | 8.72% |
| FCF Growth % | 153.8% | -25.68% | -71.93% | 334.98% | -13.2% | 3299.39% | -124.17% | 96.92% | -251.01% | -107.65% | 5432.26% | -576.37% | -92.28% | -50.24% | -99.12% | -85.25% | 24.41% | -45.23% | 25.08% | 407.74% |
| FCF per Share | 0.12 | 1.02 | -0.23 | 0.03 | -0.22 | 1.38 | -0.13 | -0.01 | -0.20 | -0.04 | 0.53 | -0.38 | 0.13 | 0.56 | 0.01 | 0.08 | 1.67 | 1.11 | 1.09 | 0.53 |
| FCF Conversion (FCF/Net Income) | 0.94x | -1.17x | 0.09x | -0.56x | -0.93x | -0.31x | -4.24x | -0.05x | -0.46x | -0.09x | -17.92x | -2.41x | 0.59x | -3.01x | -1.00x | 0.56x | 2.51x | 5.46x | 2.75x | 3.29x |
| Interest Paid | 0 | 409K | 541K | 569K | 562K | 563K | 800K | 461K | 655K | 646K | 652K | 642K | 560K | 742K | 559K | 518K | 422K | 516K | 747K | 800K |
| Taxes Paid | 0 | 1.59M | 779K | 1.45M | 1.75M | 3.26M | -8.54M | 1.56M | 3.78M | 3.19M | 60K | 854K | 8.11M | 1.62M | 3.52M | 1.19M | 3.03M | 1.16M | 2.45M | 2.3M |