10x Insights
Loading account…
Companies / Industrials / FORRESTER RESEARCH, INC.
FORR

FORRESTER RESEARCH, INC.

IndustrialsProfessional Services
Ticker FORRCAMBRIDGE, MAFiscal year ends DecemberBook value per share $6.32Diluted shares 19.2M

Forrester Research, Inc. (NASDAQ: FORR) operates as a leading independent research and advisory company serving business and technology leaders worldwide. The company maintains its website at www.forrester.com and delivers insights that help organizations make informed decisions about digital transformation, customer… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$396.89M
−8.2% year over year
Last 12 mo $381.04M
-28.52%
−28.7 percentage points
Last 12 mo -12.54%
$-119.36M
−1976.9% year over year
Last 12 mo $-42.57M
2.47%
+5 percentage points
Last 12 mo -35.00%
Cash & financing
$21.08M
+646.0% year over year
Last 12 mo $23.01M
$18.09M
+349.2% year over year
Last 12 mo $3.03M
0.28
Was 0.15× a year earlier
Last 12 mo 0.29
19.0M
−0.4% year over year
Last 12 mo 19.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What FORRESTER RESEARCH, INC. does

In the company’s own words

Forrester Research, Inc. (NASDAQ: FORR) operates as a leading independent research and advisory company serving business and technology leaders worldwide. The company maintains its website at www.forrester.com and delivers insights that help organizations make informed decisions about digital transformation, customer experience, and technology investments.

The company provides research, data, and advisory services across multiple business segments. Forrester's core offerings include subscription-based research reports, consulting services, events, and tools that enable clients to understand market trends, competitive dynamics, and best practices. The company serves a diverse client base including Fortune 500 companies, mid-market enterprises, and government agencies across numerous industries.

Forrester operates through distinct business segments that generate revenue from different service offerings. The research subscription segment represents the largest revenue contributor, providing clients with access to proprietary research, analyst expertise, and strategic guidance. The consulting services segment delivers customized advisory work addressing specific client challenges. The events segment generates revenue through conferences and forums where clients gather to network and learn from industry experts. Additionally, the company offers tools and software solutions that help clients implement recommendations derived from Forrester's research.

The company maintains a global presence with employees and operations across North America, Europe, and Asia-Pacific regions. Forrester serves thousands of enterprise clients and maintains relationships with leading technology vendors, service providers, and business consultants who rely on the company's research to inform their strategies and offerings.

Forrester's business model centers on leveraging its analyst expertise and proprietary research methodologies to create high-value content and advisory services. The company's competitive advantages include its established brand reputation, deep industry expertise, extensive client relationships, and ability to synthesize complex market data into actionable insights. By combining subscription revenue with project-based consulting and event-driven income, Forrester has built a diversified revenue model that serves the ongoing demand for independent market research and strategic guidance in an increasingly digital business environment.

Company details
Sector
Industrials
Industry
Professional Services
Headquarters
CAMBRIDGE, MA
Fiscal year end
December
CIK
1023313
SIC
8700

Financial performance, year by year

Fiscal 2013–2025 · USD
$-185.07M$12.07M$209.21M$406.36M$603.50M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns FORRESTER RESEARCH, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

73
funds hold it
0 of 35
superinvestors hold it
$21.18M
held by funds, at market
15.0%
of shares held by funds

Largest fund holders · FORRESTER RESEARCH, INC.’s weight in each

Strategic Advisers U.S. Total Stock Fund
FSAKX · Fidelity Rutland Square Trust II
0.01%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.24%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Meridian Small Cap Growth Fund
MSGGX · Meridian Fund Inc
0.33%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do FORRESTER RESEARCH, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of FORRESTER RESEARCH, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in FORRESTER RESEARCH, INC.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.