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Forrester Research

OverviewSuggest Edit

Forrester Research is a market research, data, and advisory company. It offers products, services, and engagement opportunities, which fall into five categories: Research, Connect (peer offerings and certifications), Analytics, Consulting, and Events.

TypePublic
Founded1983
HQCambridge, MA, USMap
Websitego.forrester.com
View Jobs (119)

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Latest Updates

Employees (est.) (Dec 2019)1,795(+26%)
Job Openings119
Revenue (FY, 2020)$449 M(-2%)
Share Price (Mar 2021)$42.5
Cybersecurity ratingBMore

Key People/Management at Forrester Research

George F. Colony

George F. Colony

Chairman of the Board, Chief Executive Officer, Founder
Martin Gill

Martin Gill

VP, Research Director
Lisa Nakano

Lisa Nakano

VP, Research Director, Customer Engagement
Thomas Husson

Thomas Husson

Vice President, Principal Analyst
Cliff Condon

Cliff Condon

Chief Research and Product Officer
Ryan Darrah

Ryan Darrah

Chief Legal Officer
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Forrester Research Office Locations

Forrester Research has offices in Cambridge, Austin, Dallas, McLean and in 14 other locations
Cambridge, MA, US (HQ)
60 Acorn Park Dr
Austin, TX, US
1250 S Capital of Texas Hwy Building 2, Suite 200
Dallas, TX, US
10000 N Central Expy #400
McLean, VA, US
8180 Greensboro Dr #750
Nashville, TN, US
Fifth Third Center, 424 Church St #1600
New York, NY, US
160 5th Ave
Show all (19)

Forrester Research Financials and Metrics

Forrester Research Revenue

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Forrester Research's revenue was reported to be $448.98 m in FY, 2020
USD

Revenue (FY, 2020)

449.0m

Gross profit (FY, 2020)

289.7m

Gross profit margin (FY, 2020), %

64.5%

Net income (FY, 2020)

10.0m

EBIT (FY, 2020)

16.2m

Market capitalization (31-Mar-2021)

812.3m

Closing stock price (31-Mar-2021)

42.5

Cash (31-Dec-2020)

90.3m

EV

900.2m
Forrester Research's current market capitalization is $812.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

312.1m313.7m326.1m337.7m357.6m461.7m449.0m

Revenue growth, %

5%1%4%4%6%29%

Cost of goods sold

126.2m126.3m128.2m136.9m146.5m196.7m159.2m

Gross profit

185.9m187.5m197.9m200.8m211.1m265.0m289.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

75.2m82.8m74.8m77.4m87.8m77.4m77.2m89.7m80.4m77.7m96.4m84.9m100.6m128.2m108.6m106.3m113.5m108.6m

Cost of goods sold

30.8m32.6m29.2m31.1m34.4m29.9m31.4m36.9m32.5m34.1m39.1m34.4m45.1m56.6m44.9m38.2m39.2m39.6m

Gross profit

44.4m50.3m45.5m46.3m53.4m47.5m45.8m52.8m47.9m43.6m57.3m50.5m55.5m71.6m63.7m68.2m74.4m69.0m

Gross profit Margin, %

59%61%61%60%61%61%59%59%60%56%59%60%55%56%59%64%65%64%
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

49.7m53.3m77.0m79.8m140.3m67.9m90.3m

Accounts Receivable

67.4m67.4m58.8m70.0m67.3m84.6m84.7m

Prepaid Expenses

22.3m15.7m14.5m18.9m12.8m19.2m18.6m

Current Assets

208.0m197.7m223.4m236.8m236.1m192.0m217.2m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

50.2m50.2m45.6m78.7m68.9m70.1m74.2m67.1m80.0m82.1m93.0m92.1m75.0m69.8m67.6m69.8m68.4m73.0m

Accounts Receivable

50.0m42.7m37.4m49.4m42.7m36.0m55.0m51.0m39.5m62.2m49.5m38.6m69.1m65.8m54.6m59.5m54.1m54.1m

Prepaid Expenses

27.5m22.3m21.2m18.7m14.2m12.6m14.3m13.2m15.8m18.6m12.8m13.3m16.3m16.2m15.0m25.0m21.4m16.0m

Current Assets

201.5m186.8m172.0m201.4m195.0m191.5m216.2m200.0m198.4m231.8m217.9m207.2m177.7m166.7m150.9m172.9m158.9m157.6m
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

10.9m12.0m17.7m15.1m15.4m(9.6m)10.0m

Depreciation and Amortization

11.5m9.2m8.6m7.4m9.1m31.2m29.6m

Accounts Payable

(82.0k)(357.0k)1.3m(1.6m)172.0k278.0k109.0k

Cash From Operating Activities

28.8m32.5m41.9m37.5m38.4m48.4m47.8m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(224.0k)5.5m10.0m1.3m8.7m11.9m3.0m9.1m13.0m(1.7m)6.1m10.0m(13.3m)(11.8m)(14.5m)(513.0k)11.3m7.6m

Depreciation and Amortization

2.3m4.6m7.1m2.2m4.5m6.6m1.9m3.6m5.4m2.2m4.5m6.8m8.2m15.5m23.3m7.1m14.3m21.5m

Accounts Payable

(13.0k)(195.0k)(284.0k)763.0k189.0k133.0k(1.5m)(730.0k)(1.2m)133.0k423.0k19.0k902.0k3.2m828.0k(143.0k)704.0k1.2m

Cash From Operating Activities

16.3m24.8m28.2m21.5m30.6m35.9m19.5m26.9m36.9m7.8m28.3m37.4m26.0m33.5m45.6m21.8m25.0m29.2m
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USDFY, 2014

Revenue/Employee

231.0k

Financial Leverage

2.3 x
Show all financial metrics

Forrester Research Operating Metrics

Forrester Research's Enterprise Customers was reported to be 2.9 k in FY, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016FY, 2016Q1, 2017Jun, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

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 k2.36 k2.36 k2.35 k2.85 k2.88 k2.87 k2.88 k

Countries

606056606076

Survey Responses

400 k400 k500 k675 k675 k675 k690 k

Events

15254157146314731527319
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Forrester Research Acquisitions / Subsidiaries

Company NameDateDeal Size
SiriusDecisionsNovember 27, 2018$245 m
FeedbackNowJuly 10, 2018
GlimpzItJuly 10, 2018
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.
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Forrester Research Revenue Breakdown

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Forrester Research revenue breakdown by business segment: 17.3% from SiriusDecisions, 36.2% from Product and 46.5% from Research

Forrester Research Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about our premium products
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Forrester Research Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Forrester Research Online and Social Media Presence

Forrester Research's Trends

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Forrester Research News and Updates

April 30, 2019

Forrester Research Reports 2019 First-Quarter Financial Results

CAMBRIDGE, Mass., April 30, 2019 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2019 first-quarter financial results. First-Quarter Financial Performance Total revenues were $100.6 million for the first quarter of 2019, compared with $77.7 million for the...
April 17, 2019

Forrester Research To Broadcast Its 2019 First-Quarter Earnings Conference Call

CAMBRIDGE, Mass., April 17, 2019 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) will broadcast its first-quarter earnings conference call at 4:30 p.m. Eastern time on Tuesday, April 30, 2019. The call will be available at forrester.com. Investors who want to hear the call should...
February 13, 2019

Forrester Research Reports 2018 Fourth-Quarter And Full-Year Financial Results

CAMBRIDGE, Mass., Feb. 13, 2019 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced its 2018 fourth-quarter and full-year financial results. Fourth-Quarter Financial Performance Total revenues were $98.6 million for the fourth quarter of 2018, compared with $90.4...
January 23, 2019

Forrester Research To Broadcast Its 2018 Fourth-Quarter and Full-Year Earnings Conference Call

CAMBRIDGE, Mass., Jan. 23, 2019 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) will broadcast its fourth-quarter and full-year conference call at 4:30 p.m. Eastern time on Wednesday, February 13, 2019. The call will be available at forrester.com. Investors who want to hear the...
October 24, 2018

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...
July 27, 2018

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...
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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, Martin Gill and Lisa Nakano.

  • How many employees does Forrester Research have?

    Forrester Research has 1,795 employees.

  • What is Forrester Research revenue?

    Latest Forrester Research annual revenue is $449 m.

  • What is Forrester Research revenue per employee?

    Latest Forrester Research revenue per employee is $250.1 k.

  • Who are Forrester Research competitors?

    Competitors of Forrester Research include International Data Group, Frost & Sullivan and Kantar.

  • 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, Austin, Dallas, McLean and in 14 other locations.

  • How many offices does Forrester Research have?

    Forrester Research has 19 offices.