Forrester Research (FORR)
Delivers subscription research, analyst guidance, consulting, and events for business and technology leaders.
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Sells recurring access to proprietary research, data, analyst guidance, and AI-assisted tools, complemented by project-based consulting and business events. Research subscriptions form the core recurring business, while consulting engagements and event tickets and sponsorships add nonrecurring revenue.
Provides subscription research and continuous guidance through Forrester Decisions and Forrester Market Insights, pairing proprietary data, benchmarks, vendor evaluations, tools, and analyst access. Forrester AI and the self-service Forrester AI Access offering deliver that research through conversational interfaces and workplace integrations.
Adds fixed-fee consulting projects, content marketing, and standalone advisory services, while Events sells tickets and sponsorships around technology, customer experience, marketing, sales, product, security, and risk. A direct sales force serves clients across North America, Europe, and Asia-Pacific, with selected research also sold online.
Research subscriptions are the core recurring business; Consulting and Events are smaller, complementary segments intended to support contract-value growth. Results depend heavily on retaining and expanding research contracts, while consulting revenue must be replenished with new project work.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $130.8M · Total debt $64.0M · Total assets $416.5M · Shareholders' equity $121.6M
- Revenue
- $100.2M
- Operating income
- $3.4M
- Net income
- $15.3M
No dividends on record.
| Institutions | 56.83% | 10.82M shares | |
|---|---|---|---|
| 99 holders · as of Jun 30, 2026 | |||
| Insiders | 80.41% | 15.31M shares | |
| 17 holders · as of Sep 2, 2026 | |||
| Strategic holders | 1.58% | 300.2K shares | |
| 1 holder · as of Dec 10, 2021 | |||
| Adds to | 138.82% | ||
19.04M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 138.82%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Page 2 of 5 PagesInsider | 39.77% | 7.57M | filed Jan 31, 2022 |
George F. Colony1Insiderdirector, 10 percent owner, officer: Chairman and CEO | 38.76% | 7.38M | filed Jul 1, 2025 |
Portolan Capital Management, LLCInstitution | 8.53% | 1.62M | as of Jun 30, 2026 |
The Vanguard GroupInstitution | 6.61% | 1.26M | filed Feb 10, 2022 |
Nantahala Capital Management, LLCInstitution | 4.01% | 763,446 | as of Jun 30, 2026 |
- George F. Colony's transaction reports restate only vehicles that traded; the 2025 ownership statement (7.38M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Leo Christian Finn | officer: Chief Financial Officer | −7,000 | $11.78 |
| Aug 20, 2026 | Ryan Darrah | officer: Chief Legal Officer | −5,000 | $11.78 |
| Aug 13, 2026 | Carrie Johnson | officer: Chief Product Officer | −5,000 | $11.51 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Forrester Research | $11.78 | +3.88% | $220.1M | — | 15.2 | 0.6 | −10.2% |
| Gartner | $180.12 | −1.75% | $12.27B | 16.4 | 11.6 | 1.9 | −0.6% |
| Information Services Group | $5.40 | +0.65% | $256.4M | 22.7 | 18.0 | 1.0 | +6.4% |
| Informa TechTarget | $3.79 | −1.30% | $277.6M | — | — | 0.8 | −3.2% |
| Accenture | $184.33 | −0.96% | $113.89B | 14.9 | 12.8 | 1.6 | +5.6% |
| S&P Global | $402.61 | −0.46% | $119.24B | 24.6 | 21.3 | 7.4 | −2.1% |
| The Hackett Group | $10.43 | +1.38% | $259.2M | 15.8 | 6.8 | 0.9 | −13.4% |
| Alphabet Class A | $353.40 | −0.44% | $4.30T | 17.8 | 26.3 | 9.6 | +24.2% |
| Median | 17.1 | 15.4 | 1.6 | −0.6% |