Forrester Research, Inc. (FORR) quarterly income statement — complete revenue, gross profit & net income history
Forrester Research, Inc. (FORR) annual income statement — 30-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 100.23M | 85.45M | 101.06M | 94.3M | 111.66M | 89.88M | 108.04M | 102.53M | 121.83M | 100.08M | 118.09M | 113.43M | 135.59M | 113.67M | 136.89M | 127.68M | 148.25M | 124.97M | 133.73M | 118.14M |
| Revenue Growth % | -10.23% | -4.92% | -6.46% | -8.03% | -8.34% | -10.19% | -8.51% | -9.61% | -10.15% | -11.96% | -13.73% | -11.16% | -8.54% | -9.04% | 2.37% | 8.08% | 15.21% | 9.83% | 10.96% | 8.8% |
| Cost of Goods Sold | 43.72M | 38.63M | 43.75M | 37.71M | 49.65M | 39.6M | 44.51M | 46.53M | 51.16M | 44.69M | 52.6M | 47.98M | 54.61M | 49.29M | 56.81M | 52.72M | 60.99M | 53.25M | 52.24M | 49.84M |
| COGS % of Revenue | 43.62% | 45.21% | 43.29% | 39.99% | 44.47% | 44.06% | 41.19% | 45.39% | 42% | 44.66% | 44.54% | 42.3% | 40.28% | 43.36% | 41.5% | 41.29% | 41.14% | 42.61% | 39.07% | 42.19% |
| Gross Profit | 56.52M | 46.82M | 57.31M | 56.58M | 62.01M | 50.27M | 63.53M | 55.99M | 70.66M | 55.39M | 65.49M | 65.45M | 80.97M | 64.38M | 80.08M | 74.96M | 87.25M | 71.72M | 81.48M | 68.3M |
| Gross Margin % | 56.38% | 54.79% | 56.71% | 60.01% | 55.53% | 55.94% | 58.81% | 54.61% | 58% | 55.34% | 55.46% | 57.7% | 59.72% | 56.64% | 58.5% | 58.71% | 58.86% | 57.39% | 60.93% | 57.81% |
| Gross Profit Growth % | -8.85% | -6.86% | -9.8% | 1.06% | -12.25% | -9.23% | -2.98% | -14.45% | -12.74% | -13.97% | -18.22% | -12.69% | -7.2% | -10.24% | -1.73% | 9.75% | 14.19% | 8.17% | 11.52% | 9.36% |
| Operating Expenses | 53.12M | 52.51M | 57.65M | 58.64M | 54.56M | 53.37M | 64.09M | 54.01M | 59.35M | 64.68M | 66.93M | 60.4M | 72.69M | 69.52M | 83.15M | 66.41M | 66.55M | 65.25M | 70M | 61.76M |
| OpEx % of Revenue | 52.99% | 61.45% | 57.05% | 62.19% | 48.86% | 59.39% | 59.32% | 52.68% | 48.72% | 64.63% | 56.68% | 53.25% | 53.61% | 61.16% | 60.74% | 52.01% | 44.89% | 52.21% | 52.35% | 52.28% |
| Selling, General & Admin | 47.78M | 48.99M | 54.2M | 48.49M | 50.68M | 48.77M | 56.26M | 54.01M | 54.69M | 53.48M | 61.12M | 55.08M | 56.9M | 62.76M | 68.45M | 60.68M | 60.9M | 59.57M | 63.94M | 55.72M |
| SG&A % of Revenue | 47.67% | 57.33% | 53.64% | 51.42% | 45.39% | 54.26% | 52.07% | 52.68% | 44.89% | 53.44% | 51.76% | 48.55% | 41.96% | 55.21% | 50% | 47.52% | 41.08% | 47.67% | 47.81% | 47.17% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 3.4M | -5.68M | -346K | -2.05M | 7.45M | -3.1M | -551K | 1.98M | 11.31M | -9.29M | -1.44M | 5.06M | 8.29M | -5.14M | -3.08M | 8.56M | 20.7M | 6.47M | 11.48M | 6.54M |
| Operating Margin % | 3.39% | -6.65% | -0.34% | -2.18% | 6.67% | -3.45% | -0.51% | 1.93% | 9.29% | -9.28% | -1.22% | 4.46% | 6.11% | -4.52% | -2.25% | 6.7% | 13.97% | 5.18% | 8.59% | 5.54% |
| Operating Income Growth % | -54.37% | -83.41% | 37.21% | -203.68% | -34.18% | 66.65% | 61.68% | -60.82% | 36.51% | -80.78% | 53.27% | -40.91% | -59.97% | -179.43% | -126.79% | 30.86% | 58.24% | -14.13% | 183.63% | 3658.05% |
| EBITDA | 6.67M | -593K | 4.36M | 7.11M | 11.32M | 3.01M | 5.39M | 6.34M | 15.89M | 961K | 5.81M | 12.76M | 17.35M | 2.92M | 8.67M | 17.04M | 40.85M | 24.84M | 20.22M | 15.62M |
| EBITDA Margin % | 6.66% | -0.69% | 4.32% | 7.54% | 10.14% | 3.34% | 4.99% | 6.19% | 13.04% | 0.96% | 4.92% | 11.25% | 12.8% | 2.57% | 6.33% | 13.34% | 27.56% | 19.88% | 15.12% | 13.22% |
| EBITDA Growth % | -41.07% | -119.73% | -19.11% | 12.17% | -28.74% | 212.8% | -7.11% | -50.29% | -8.43% | -67.04% | -32.99% | -25.12% | -57.52% | -88.26% | -57.15% | 9.09% | 82.85% | 51.52% | 35.37% | 48.07% |
| D&A (Non-Cash Add-back) | 3.27M | 5.09M | 4.71M | 9.17M | 3.88M | 6.11M | 5.95M | 4.36M | 4.58M | 10.25M | 7.25M | 7.7M | 9.06M | 8.06M | 11.74M | 8.48M | 20.15M | 18.37M | 8.74M | 9.08M |
| EBIT | 3.3M | -17.92M | -35.88M | -1M | 7.79M | -87.64M | 1.64M | -304K | 12.33M | -8.02M | -491K | 5.62M | 8.8M | -4.59M | -3.16M | 8.56M | 20.7M | 6.47M | 11.12M | 6.34M |
| Net Interest Income | -386K | -804K | -654K | -684K | -675K | -667K | -716K | -770K | -763K | -762K | -774K | -763K | -730K | -793K | -729K | -584K | -535K | -613K | -971K | -1.06M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 386K | 804K | 654K | 684K | 675K | 667K | 716K | 770K | 763K | 762K | 774K | 763K | 730K | 793K | 729K | 584K | 535K | 613K | 971K | 1.06M |
| Other Income/Expense | -485K | -13.04M | -36.19M | 365K | -331K | -85.2M | 1.48M | -3.06M | 252K | 512K | 173K | -195K | -216K | -243K | -816K | -238K | -432K | -444K | -1.33M | -1.25M |
| Pretax Income | 2.91M | -18.72M | -36.53M | -1.69M | 7.12M | -88.3M | 925K | -1.07M | 11.57M | -8.78M | -1.26M | 4.86M | 8.07M | -5.38M | -3.89M | 8.32M | 20.27M | 6.03M | 10.15M | 5.29M |
| Pretax Margin % | 2.91% | -21.91% | -36.15% | -1.79% | 6.37% | -98.25% | 0.86% | -1.05% | 9.49% | -8.77% | -1.07% | 4.29% | 5.95% | -4.74% | -2.84% | 6.52% | 13.67% | 4.82% | 7.59% | 4.48% |
| Income Tax | -12.34M | 3.1M | -2.66M | 437K | 3.2M | -1.03M | 493K | 4.72M | 5.27M | -2.11M | -602K | 2.38M | 2.77M | -1.31M | -2.26M | 2.9M | 6.4M | 1.88M | 2.13M | 766K |
| Effective Tax Rate % | -423.62% | -16.58% | 7.28% | -25.87% | 45.01% | 1.17% | 53.3% | -439.85% | 45.6% | 24% | 47.59% | 48.9% | 34.29% | 24.3% | 58.13% | 34.92% | 31.56% | 31.18% | 20.96% | 14.49% |
| 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 |
| Net Margin % | 15.22% | -25.54% | -33.52% | -2.25% | 3.5% | -97.1% | 0.4% | -5.66% | 5.16% | -6.67% | -0.56% | 2.19% | 3.91% | -3.58% | -1.19% | 4.24% | 9.36% | 3.32% | 6% | 3.83% |
| Net Income Growth % | 289.8% | 74.99% | -7941.44% | 63.33% | -37.81% | -1207.84% | 165.16% | -333.41% | 18.63% | -63.75% | 59.33% | -54.12% | -61.77% | -198.24% | -120.32% | 19.73% | 66.3% | 4.85% | 230.71% | 220.27% |
| Net Income (Continuing) | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.78 | -1.14 | -1.78 | -0.11 | 0.21 | -4.62 | 0.02 | -0.30 | 0.33 | -0.35 | -0.03 | 0.13 | 0.28 | -0.21 | -0.09 | 0.28 | 0.72 | 0.22 | 0.41 | 0.23 |
| EPS Growth % | 271.43% | 75.32% | -7907.02% | 63.33% | -36.36% | -1220% | 166.09% | -330.77% | 17.86% | -66.67% | 59.7% | -53.57% | -61.11% | -195.45% | -120.88% | 21.74% | 67.44% | 4.76% | 215.38% | 215% |
| EPS (Basic) | 0.79 | -1.14 | -1.78 | -0.11 | 0.21 | -4.62 | 0.02 | -0.30 | 0.33 | -0.35 | -0.03 | 0.13 | 0.28 | -0.21 | -0.09 | 0.29 | 0.74 | 0.22 | 0.42 | 0.24 |
| Diluted Shares Outstanding | 19.45M | 19.07M | 19M | 19.11M | 19.16M | 18.89M | 18.94M | 19.07M | 19.12M | 19.29M | 19.24M | 19.29M | 19.26M | 19.11M | 19.05M | 19.14M | 19.17M | 19.26M | 19.38M | 19.39M |
| Basic Shares Outstanding | 19.4M | 19.07M | 19M | 19.11M | 19.06M | 18.89M | 18.93M | 19.07M | 19.09M | 19.29M | 19.24M | 19.19M | 19.19M | 19.11M | 19.05M | 18.96M | 18.87M | 18.99M | 19.12M | 19.13M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |