FORR

Forrester Research, Inc.

Forrester Research, Inc. is classed by the SEC under Services-Engineering, Accounting, Research, Management (industry code 8700), based in Cambridge, MA. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $397 million and a loss of $119 million (its filed statements).

Project business Services-Engineering, Accounting, Research, Management Cambridge, MA filings since 1996 9 of 9 filed

Sector peers: FCNEOEVHULS

4.3/10headline grade
vs its business-model standard

Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a project business: prior from its industry code (SEC 8700, Services-Engineering, Accounting, Research, Management); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.

The grade, in three tenses

Headline 4.3 out of ten, 9 of 9 metrics filed: past 5.3 out of ten, present 3.7 out of ten, future 3.6 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.

The nine metrics

  • Surviving crises (past): 8.2 out of ten. No warning events in its filings since 2017. 82nd percentile among 14 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Track record (past): 2.5 out of ten. +2.2% a year over 10 filed years; profitable in 7 of 10. 25th percentile among 13 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Shareholder treatment (past): 6.5 out of ten. Share count shrank 0.3% a year. 58% of cash flow returned. Insiders: 3 sales, 0 purchases. 65th percentile among 9 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Financial health (present): 5.7 out of ten. ROE -94%: lost 94¢ per shareholder dollar. Leverage 69%: owes 69¢ per asset dollar. 57th percentile among 13 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Industry position (present): 2.1 out of ten. bottom 21% of 14 in its family; net margin -30.1%. 21st percentile among 14 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Leadership (present): 3.9 out of ten. bottom 39% of 7 in its family for leadership. 39th percentile among 7 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-09).
  • Room to expand (future): 6.0 out of ten. top 40% of 13 in its family for room to expand. 60th percentile among 13 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Growth drivers (future): 1.7 out of ten. bottom 17% of 13 in its family for growth drivers. 17th percentile among 13 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Expectations vs reality (future): 3.1 out of ten. bottom 31% of 12 in its family for expectations against reality. 31st percentile among 12 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).

The filing record

Newest annual report: Form 10-K filed 2026-03-13 for the period ended 2025-12-31 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-08-06 for the period ended 2026-06-30 (on EDGAR). Newest results release: Form 8-K filed 2026-07-30 (on EDGAR). Newest filing: Form 4, 2026-09-02. Filings on record since 1996. Read from EDGAR 2026-10-12.

Where the revenue comes from

Product and service lines in fiscal 2025: Research Services 75%, Consulting Services Revenue 22%, Events Revenue 3%. By geography: United States 77%, Europe Excluding United Kingdom 9%, Asia Pacific 6%, United Kingdom 4%, Canada 3%, Other Country 2%. As tagged in its annual report (Form 10-K, filed 2026-03-13).

Who runs it

Bradford, Neil (President, North America); Finn, Leo Christian (Chief Financial Officer); Favre, Christophe (Chief Sales Officer); Darrah, Ryan (Chief Legal Officer); Johnson, Carrie (Chief Product Officer); Chouinard, Scott (Chief Accounting Officer); Cox, Andrew (Chief Marketing Officer); Facemire, Michael (Chief Technology Officer); Gonsalves, Jobina (Chief People Officer); Leaver, Sharyn (Chief Research Officer); and 4 more. 14 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.

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