Forrester Research is a market research company that provides advice on the existing and potential impact of technology. The Company offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting.

TypePublic
HQCambridge, US
Founded1983
Size (employees)1,402 (est)
Websitego.forrester.com
Forrester Research was founded in 1983 and is headquartered in Cambridge, US
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Key People/Management at Forrester Research

George F. Colony

George F. Colony

Chairman of the Board, Chief Executive Officer
Mack Brothers

Mack Brothers

Chief Consulting Officer
Ryan Darrah

Ryan Darrah

Chief Legal Officer
Michael Doyle

Michael Doyle

CFO
Kelley Hippler

Kelley Hippler

Chief Sales Officer
Carrie Johnson

Carrie Johnson

Chief Research Officer
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Forrester Research Office Locations

Forrester Research has offices in Cambridge, Nashville, San Francisco, New York and in 2 other locations
Cambridge, US (HQ)
60 Acorn Park Dr
Dallas, US
200, 5001 Spring Valley Rd
McLean, US
750, 8180 Greensboro Dr
Nashville, US
300, 1033 Demonbreun St
New York, US
160, 5th Ave
San Francisco, US
1100, 150 Spear St
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Forrester Research Financials and Metrics

Forrester Research Revenue

Forrester Research's revenue was reported to be $337.67 m in FY, 2017 which is a 3.6% increase from the previous period.
USD

Revenue (Q3, 2018)

84.9m

Net income (Q3, 2018)

4.0m

EBIT (Q3, 2018)

4.9m

Market capitalization (14-Dec-2018)

776.2m

Closing stock price (14-Dec-2018)

42.5

Cash (30-Sep-2018)

92.1m
Forrester Research's current market capitalization is $776.2 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

312.1m313.7m326.1m337.7m

Revenue growth, %

5%1%4%4%

Cost of goods sold

126.2m

Gross profit

185.9m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

75.2m82.8m74.8m77.4m87.8m77.4m77.2m89.7m80.4m77.7m96.4m84.9m

Cost of goods sold

30.8m

Gross profit

44.4m

Gross profit Margin, %

59%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

74.1m49.7m53.3m77.0m79.8m

Accounts Receivable

77.5m67.4m67.4m58.8m70.0m

Prepaid Expenses

20.8m22.3m15.7m14.5m18.9m

Current Assets

266.4m208.0m197.7m223.4m236.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

70.7m80.5m52.6m56.9m50.2m50.2m45.6m78.7m68.9m70.1m74.2m67.1m80.0m82.1m93.0m92.1m

Accounts Receivable

37.0m49.1m41.2m39.0m50.0m42.7m37.4m49.4m42.7m36.0m55.0m51.0m39.5m62.2m49.5m38.6m

Prepaid Expenses

27.5m22.3m21.2m18.7m14.2m12.6m14.3m13.2m15.8m18.6m

Current Assets

221.7m242.7m208.6m184.4m201.5m186.8m172.0m201.4m195.0m191.5m216.2m200.0m198.4m231.8m217.9m207.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

13.0m10.9m12.0m17.7m15.1m

Depreciation and Amortization

11.5m11.5m9.2m8.6m7.4m

Accounts Payable

222.0k(82.0k)(357.0k)1.3m(1.6m)

Cash From Operating Activities

30.7m28.8m32.5m41.9m37.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

10.8m(66.0k)4.2m7.3m(224.0k)5.5m10.0m1.3m8.7m11.9m3.0m9.1m13.0m(1.7m)6.1m10.0m

Depreciation and Amortization

8.6m3.3m6.1m8.8m2.3m4.6m7.1m2.2m4.5m6.6m1.9m3.6m5.4m2.2m4.5m6.8m

Accounts Payable

116.0k137.0k(75.0k)18.0k(13.0k)(195.0k)(284.0k)763.0k189.0k133.0k(1.5m)(730.0k)(1.2m)133.0k423.0k19.0k

Cash From Operating Activities

32.4m33.0m35.3m27.9m16.3m24.8m28.2m21.5m30.6m35.9m19.5m26.9m36.9m7.8m28.3m37.4m
USDY, 2018

Financial Leverage

2.2 x
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Forrester Research Operating Metrics

Forrester Research's Enterprise Customers was reported to be 2.3 k in Q1, 2018.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016FY, 2016Q1, 2017Jun, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Enterprise Customers

2.43 k2.46 k2.48 k2.48 k2.47 k2.48 k2.48 k2.43 k2.43 k2.42 k2.39 k2.41 k2.35 k

Countries

60 60 56 60

Survey Responses

400 k400 k500 k675 k675 k

Events

15 2 5 4 15 7 14 6 3 14
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Forrester Research Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SiriusDecisionsNovember 27, 2018$245 m
Springboard ResearchMay 12, 2011
Strategic Oxygen businessDecember 01, 2009
JUPR HoldingsJuly 31, 2008$23 m
Giga GroupJanuary 21, 2003$60 m
Forrester Germany GmbH
Forrester Hong Kong Limited
Forrester International S.a.r.l.
Forrester Market Advisory (Beijing) Co., Ltd.
Forrester Research Australia Pty Limited
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Forrester Research Revenue Breakdown

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Forrester Research revenue breakdown by business segment: 16.1% from Project Consultng, 13.3% from Research and 70.6% from Product

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Forrester Research Online and Social Media Presence

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Forrester Research News and Updates

Sponsor's message: Forrester Research will be presenting on the top fraud trends shaping the enterprise fraud management industry. Register today!

Forrester Research will be presenting on the top fraud trends shaping the enterprise fraud management industry. Register today!

Forrester Research Reports 2018 Third-Quarter Financial Results

CAMBRIDGE, Mass., Oct. 24, 2018 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2018 third-quarter financial results. Third-Quarter Financial Performance Total revenues were $84.9 million for the third quarter of 2018, compared with $80.4 million for the third...

Forrester Research To Speak At The Sidoti & Company Fall 2018 Conference

CAMBRIDGE, Mass., Sept. 12, 2018 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) announced today that Chairman and Chief Executive Officer George F. Colony and Chief Financial Officer Michael A. Doyle will speak at the Sidoti & Company Fall 2018 Investor Conference on Thursday,...

Forrester Research Reports 2018 Second-Quarter Financial Results

CAMBRIDGE, Mass., July 27, 2018 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2018 second-quarter financial results. Second-Quarter Financial Performance Total revenues were $96.4 million for the second quarter of 2018, compared with $89.7 million for the...

3Pillar Recognized as a Leading Experience Designer by Forrester Research

FAIRFAX, Va., June 18, 2018 /PRNewswire/ -- Today, 3Pillar Global, a global custom software and digital product development company, was named to a list of globally-recognized digital experience providers by Forrester, one of the world's top research and advisory firms. Forrester...
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Forrester Research Blogs

The Forrester Wave™: Location Intelligence Platforms, Q4 2018 — Eight Key Players To Help Understand Customers In The Real World

The relentless march of digital transformation has not left the physical world untouched — particularly when it comes to understanding and engaging with customers. First, customers digitally connected to brands via PCs, then mobile devices, and now via a continuous tidal wave of emerging owned IoT d…

TBT: The Top 10 Executive Responses From Hackers Versus Executives

Each year at our Privacy and Security Forum events, we run a session called Hackers Versus Executives.  In this session, we ask a hacker to cause mayhem and then stop at different points in the attack to ask executives what their responses are.  This year we attacked applications including container…

GE Announces New Industrial IoT Software Businesswdxefcqufszuzezftuxetqsqxt

With GE establishing a new stand-alone software business, we examine what it means for existing and potential customers of GE Digital and for GE. What we know: December 13th 2018 – GE announces the formation of a new industrial IoT software business with $1.2bn in revenue (based on GE Digital sales)…

When Design And Algorithms Collide

Algorithms are a new design material, affecting UX in the form of news feeds, recommendations, and propensity scores. Unfortunately, it’s not all going smoothly . . . Want to learn more? Please reach out with any questions; I’m always happy to discuss over inquiry.

Cybersecurity In India: Reflections And Learnings From A Visitor

Last week, I had the immense pleasure of travelling to India for the first time.  It quickly became one of my favourite trips of 2019.  This is in spite of a punishing schedule where I toured Bangalore, Pune, Delhi and Mumbai and met with /presented to a couple of hundreds of our clients, vendors an…

Four Types Of Edge Matter To Your IoT Deployments

The edge, and edge computing, figure prominently in a lot of internet of things (IoT) discussions right now. But where — and what — the edge is very quickly gets complicated. Telecom operators understand the edge of their network. Sellers of servers and gateways know what they’d like their customers…
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Forrester Research Company Life and Culture

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Forrester Research Frequently Asked Questions

  • When was Forrester Research founded?

    Forrester Research was founded in 1983.

  • Who are Forrester Research key executives?

    Forrester Research's key executives are George F. Colony, Mack Brothers and Ryan Darrah.

  • How many employees does Forrester Research have?

    Forrester Research has 1,402 employees.

  • What is Forrester Research revenue?

    Latest Forrester Research annual revenue is $337.7 m.

  • What is Forrester Research revenue per employee?

    Latest Forrester Research revenue per employee is $240.9 k.

  • Who are Forrester Research competitors?

    Competitors of Forrester Research include IDC, DiscoverCloud and Gartner.

  • Where is Forrester Research headquarters?

    Forrester Research headquarters is located at 60 Acorn Park Dr, Cambridge.

  • Where are Forrester Research offices?

    Forrester Research has offices in Cambridge, Nashville, San Francisco, New York and in 2 other locations.

  • How many offices does Forrester Research have?

    Forrester Research has 6 offices.