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.

Type
Public
HQ
Cambridge, US
Founded
1983
Size (employees)
1,392 (est)+2%
Forrester Research was founded in 1983 and is headquartered in Cambridge, US
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Key People/Management at Forrester Research

George Colony

George Colony

Chairman of the Board, Chief Executive Officer
Mack Brothers

Mack Brothers

Chief Consulting Officer
Cliff Condon

Cliff Condon

Chief Research and Product Officer
Ryan Darrah

Ryan Darrah

Chief Legal Officer
Michael Doyle

Michael Doyle

CFO
Kelley Hippler

Kelley Hippler

Chief Sales Officer
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Forrester Research Office Locations

Forrester Research has offices in McLean, Dallas, Nashville, Cambridge 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 Financials

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 (Q1, 2018)

77.7 m

Gross profit (Q1, 2018)

43.6 m

Gross profit margin (Q1, 2018), %

56.1%

Net income (Q1, 2018)

(1.7 m)

EBIT (Q1, 2018)

(2.3 m)

Market capitalization (15-Jun-2018)

767 m

Closing share price (15-Jun-2018)

42.7

Cash (31-Mar-2018)

82.1 m
Forrester Research's current market capitalization is $767 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

312.1 m313.7 m326.1 m337.7 m

Revenue growth, %

5%1%4%4%

Cost of goods sold

126.2 m126.3 m128.2 m136.9 m

Gross profit

185.9 m187.5 m197.9 m200.8 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

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

Cost of goods sold

30.8 m32.6 m29.2 m31.1 m34.4 m29.9 m31.4 m36.9 m32.5 m34.1 m

Gross profit

44.4 m50.3 m45.5 m46.3 m53.4 m47.5 m45.8 m52.8 m47.9 m43.6 m

Gross profit Margin, %

59%61%61%60%61%61%59%59%60%56%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

49.7 m53.3 m77 m79.8 m

Accounts Receivable

67.4 m67.4 m58.8 m70 m

Prepaid Expenses

22.3 m15.7 m14.5 m18.9 m

Current Assets

208 m197.7 m223.4 m236.8 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

50.2 m50.2 m45.6 m78.7 m68.9 m70.1 m74.2 m67.1 m80 m82.1 m

Accounts Receivable

50 m42.7 m37.4 m49.4 m42.7 m36 m55 m51 m39.5 m62.2 m

Prepaid Expenses

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

Current Assets

201.5 m186.8 m172 m201.4 m195 m191.5 m216.2 m200 m198.4 m231.8 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

10.9 m12 m17.7 m15.1 m

Depreciation and Amortization

11.5 m9.2 m8.6 m7.4 m

Accounts Payable

(82 k)(357 k)1.3 m(1.6 m)

Cash From Operating Activities

28.8 m32.5 m41.9 m37.5 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(224 k)5.5 m10 m1.3 m8.7 m11.9 m3 m9.1 m13 m(1.7 m)

Depreciation and Amortization

2.3 m4.6 m7.1 m2.2 m4.5 m6.6 m1.9 m3.6 m5.4 m2.2 m

Accounts Payable

(13 k)(195 k)(284 k)763 k189 k133 k(1.5 m)(730 k)(1.2 m)133 k

Cash From Operating Activities

16.3 m24.8 m28.2 m21.5 m30.6 m35.9 m19.5 m26.9 m36.9 m7.8 m
USDY, 2018

Financial Leverage

2.4 x

P/E Ratio

(426.5 )
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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
Springboard Research May 12, 2011
Strategic Oxygen business December 01, 2009
JUPR Holdings July 31, 2008$23 m
Giga Group January 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
Forrester Research B.V.
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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

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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