Forrester Research (FORR) stock price, revenue, and financials

Forrester Research market cap is $966 m, and annual revenue was $494.32 m in FY 2021

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+0.56(+1.11%)

$966 M

FORR Mkt cap, 13-May-2022

$494.3 M

Forrester Research Revenue FY, 2021

Forrester Research Gross profit (FY, 2021)292.5 M

Forrester Research Gross profit margin (FY, 2021), %59.2%

Forrester Research Net income (FY, 2021)24.8 M

Forrester Research EBIT (FY, 2021)38.6 M

Forrester Research Cash, 31-Dec-2021115.8 M

Forrester Research EV990.3 M

Forrester Research Revenue

Forrester Research revenue was $494.32 m in FY, 2021

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Forrester Research Revenue Breakdown

Business Segment

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Forrester Research revenue breakdown by business segment: 31.6% from Consulting, 65.8% from Research and 2.6% from Other

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Revenue	312.1m	313.7m	326.1m	337.7m	357.6m	461.7m	449.0m	494.3m
Revenue growth, %	5%	1%	4%	4%	6%	29%
Cost of goods sold	126.2m	126.3m	128.2m	136.9m	146.5m	196.7m	159.2m	201.8m
Gross profit	185.9m	187.5m	197.9m	200.8m	211.1m	265.0m	289.7m	292.5m
Gross profit Margin, %	60%	60%	61%	59%	59%	57%	65%	59%
Sales and marketing expense	115.8m	116.1m	116.9m	123.9m	131.8m	172.9m	166.2m	170.9m
General and administrative expense	38.6m	39.0m	40.6m	41.9m	43.9m	53.0m	50.4m	58.1m
Operating expense total	167.7m	168.6m	167.1m	173.3m	188.6m	266.0m	273.6m	253.9m
Depreciation and amortization	11.5m	9.1m	8.6m	7.4m	9.1m	31.2m	29.6m	24.5m
EBIT	18.2m	18.8m	30.8m	27.5m	22.4m	(1.1m)	16.2m	38.6m
EBIT margin, %	6%	6%	9%	8%	6%	0%	4%	8%
Interest expense						8.0m		4.2m
Pre tax profit	18.4m	19.3m	30.7m	27.4m	23.5m	(9.6m)	12.9m	33.2m
Income tax expense	7.5m	7.3m	13.1m	12.2m	8.1m	(29.0k)	2.9m	8.3m
Net Income	10.9m	12.0m	17.7m	15.1m	15.4m	(9.6m)	10.0m	24.8m
EPS	0.6	0.7	1.0	0.8	0.8	(0.5)		1.3

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Revenue	75.2m	82.8m	74.8m	77.4m	87.8m	77.4m	77.2m	89.7m	80.4m	77.7m	96.4m	84.9m	100.6m	128.2m	108.6m	106.3m	113.5m	108.6m	113.8m	128.7m	118.1m
Cost of goods sold	30.8m	32.6m	29.2m	31.1m	34.4m	29.9m	31.4m	36.9m	32.5m	34.1m	39.1m	34.4m	45.1m	56.6m	44.9m	38.2m	39.2m	39.6m	43.8m	52.3m	49.8m
Gross profit	44.4m	50.3m	45.5m	46.3m	53.4m	47.5m	45.8m	52.8m	47.9m	43.6m	57.3m	50.5m	55.5m	71.6m	63.7m	68.2m	74.4m	69.0m	70.0m	76.4m	68.3m
Gross profit Margin, %	59%	61%	61%	60%	61%	61%	59%	59%	60%	56%	59%	60%	55%	56%	59%	64%	65%	64%	62%	59%	58%
Sales and marketing expense	29.6m	28.5m	27.5m	30.4m	29.3m	27.8m	30.6m	30.5m	29.2m	33.0m	32.7m	31.1m	42.0m	44.0m	41.6m	40.3m	39.1m	42.2m	39.3m	42.6m	41.3m
General and administrative expense	9.8m	9.3m	9.5m	10.0m	10.3m	10.1m	10.2m	10.4m	10.1m	10.7m	10.9m	11.2m	13.2m	13.2m	13.5m	12.0m	11.5m	12.5m	58.5m	14.3m	14.4m
Operating expense total	45.1m	40.2m	40.2m	43.6m	41.9m	40.0m	42.7m	42.6m	41.1m	45.9m	46.3m	45.6m	66.4m	67.0m	65.3m	67.5m	63.1m	68.8m	62.5m	63.3m	61.8m
Depreciation and amortization	2.3m	2.3m	2.3m	2.2m	2.3m	2.1m	1.9m	1.7m	1.8m	2.2m	2.3m	2.4m	8.2m	7.3m	7.8m	7.1m	7.2m	7.3m		6.2m	6.0m
EBIT	(715.0k)	10.1m	5.3m	2.7m	11.5m	7.6m	3.1m	10.2m	6.7m	(2.3m)	11.0m	4.9m	(10.9m)	4.6m	(1.6m)	721.0k	11.2m	174.0k	7.5m	(13.1m)	6.5m
EBIT margin, %	(1%)	12%	7%	4%	13%	10%	4%	11%	8%	(3%)	11%	6%	(11%)	4%	(2%)	1%	10%	0%	7%	(10%)	6%
Interest expense													2.4m	2.1m	1.9m				1.1m	1.1m	1.1m
Pre tax profit	(452.0k)	10.0m	5.7m	2.4m	11.9m	6.7m	2.9m	10.3m	6.1m	(2.4m)	11.3m	5.2m	(13.5m)	2.4m	(3.4m)	(494.0k)	12.1m	(1.4m)	5.9m	11.8m	5.3m
Income tax expense	(228.0k)	4.3m	1.3m	1.1m	4.4m	3.6m	(88.0k)	4.2m	2.2m	(698.0k)	3.5m	1.3m	(226.0k)	888.0k	(735.0k)	19.0k	238.0k	2.4m	2.0m	3.5m	766.0k
Net Income	(224.0k)	5.8m	4.5m	1.3m	7.5m	3.1m	3.0m	6.1m	4.0m	(1.7m)	7.8m	4.0m	(13.3m)	1.6m	(2.7m)	(513.0k)	11.8m	(3.8m)	4.0m	8.3m	4.5m
EPS	0.0	0.3	0.3	0.1	0.4	0.2	0.2	0.3	0.2	(0.1)	0.4	0.2	(0.7)	0.1	0.2					0.4	0.2

Annual

USD	FY, 2019	FY, 2020	FY, 2021
Cash	67.9m	90.3m	115.8m
Accounts Receivable	84.6m	84.7m	87.0m
Prepaid Expenses	19.2m	18.6m	18.6m
Current Assets	192.0m	217.2m	269.5m
PP&E	29.9m	27.0m	28.2m
Goodwill	243.9m	247.2m	245.0m
Total Assets	639.2m	644.2m	680.1m
Accounts Payable	505.0k	657.0k	840.0k
Short-term debt	9.4m	12.5m
Current Liabilities	268.9m	269.7m	312.3m
Long-term debt	188.2m	165.6m	140.0m
Non-Current Liabilities	212.1m
Total Debt	197.6m	178.1m	140.0m
Total Liabilities	481.1m	458.5m	476.2m
Common Stock	233.0k	236.0k	241.0k
Additional Paid-in Capital	216.5m	230.1m	246.0m
Retained Earnings	118.1m	128.0m	152.8m
Total Equity	158.1m	185.8m	203.9m
Debt to Equity Ratio	1.2 x		0.7 x
Debt to Assets Ratio	0.3 x		0.2 x
Financial Leverage	4 x	3.5 x	3.3 x

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Cash	75.0m	69.8m	67.6m	69.8m	68.4m	73.0m	125.6m	146.4m	129.3m
Accounts Receivable	69.1m	65.8m	54.6m	59.5m	54.1m	54.1m	68.8m	63.4m	52.3m
Prepaid Expenses	16.3m	16.2m	15.0m	25.0m	21.4m	16.0m	19.9m	15.9m	21.4m
Current Assets	177.7m	166.7m	150.9m	172.9m	158.9m	157.6m	236.3m	245.0m	238.1m
PP&E	26.4m	26.0m	27.6m	28.7m	29.0m	28.5m	26.5m	28.6m	29.7m
Goodwill	242.5m	242.3m	238.8m	242.7m	243.2m	245.0m	245.7m	246.2m	245.2m
Total Assets	640.4m	624.5m	598.3m	608.3m	588.6m	592.8m	663.7m	668.5m	654.8m
Accounts Payable	1.2m	3.5m	1.1m	352.0k	1.2m	1.7m	380.0k	1.0m	700.0k
Short-term debt	7.0m	7.8m	8.6m	10.2m	10.9m	11.7m	12.5m	12.5m	12.5m
Current Liabilities	269.8m	259.5m	248.6m	257.4m	227.2m	223.6m	284.1m	287.6m	276.8m
Long-term debt	207.6m	196.4m	187.2m	168.0m	164.7m	171.2m	92.3m	160.9m	154.8m
Non-Current Liabilities	226.8m	215.3m	202.1m
Total Debt	214.6m	204.2m	195.8m	178.2m	175.7m	182.9m	104.8m	173.4m	167.3m
Total Liabilities	496.6m	474.8m	450.7m	450.1m	415.2m	418.1m	471.5m	466.9m	453.6m
Common Stock	231.0k	231.0k	232.0k	234.0k	234.0k	236.0k	238.0k	238.0k	240.0k
Additional Paid-in Capital	206.7m	210.4m	212.7m	220.3m	222.8m	225.1m	234.8m	237.5m	242.0m
Retained Earnings	114.4m	116.0m	113.3m	117.5m	129.3m	125.6m	131.9m	140.3m	144.8m
Total Equity	143.8m	149.7m	147.7m	158.2m	173.4m	174.7m	192.2m	201.5m	201.2m
Debt to Equity Ratio	1.5 x	1.4 x	1.3 x					0.9 x	0.8 x
Debt to Assets Ratio	0.3 x	0.3 x	0.3 x					0.3 x	0.3 x
Financial Leverage	4.5 x	4.2 x	4.1 x	3.8 x	3.4 x	3.4 x	3.5 x	3.3 x	3.3 x

Annual

USD	FY, 2019	FY, 2020	FY, 2021
Net Income	(9.6m)	10.0m	24.8m
Depreciation and Amortization	31.2m	29.6m	24.5m
Accounts Receivable	3.7m	234.0k	3.9m
Accounts Payable	278.0k	109.0k	201.0k
Cash From Operating Activities	48.4m	47.8m	107.1m
Purchases of PP&E	(11.9m)	(8.9m)	(10.7m)
Cash From Investing Activities	(249.5m)	(4.6m)	(29.3m)
Long-term Borrowings	(42.2m)	(23.4m)	(34.4m)
Cash From Financing Activities	129.4m	(23.7m)	(49.1m)
Net Change in Cash	(71.1m)	21.5m	27.4m
Interest Paid	7.0m	4.4m	3.3m
Income Taxes Paid	4.4m	3.2m	9.8m

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Net Income	(13.3m)	(11.8m)	(14.5m)	(513.0k)	11.3m	7.6m	4.0m	12.3m	16.8m
Depreciation and Amortization	8.2m	15.5m	23.3m	7.1m	14.3m	21.5m	2.3m	12.4m	18.5m
Accounts Receivable	19.2m	22.5m	33.4m	24.6m	30.0m	30.2m	15.2m	20.5m	31.1m
Accounts Payable	902.0k	3.2m	828.0k	(143.0k)	704.0k	1.2m	(275.0k)	385.0k	64.0k
Cash From Operating Activities	26.0m	33.5m	45.6m	21.8m	25.0m	29.2m	40.6m	70.1m	85.0m
Purchases of PP&E	(2.8m)	(4.7m)	(8.4m)	(2.4m)	(5.1m)	(7.3m)	(1.5m)	(5.2m)	(9.8m)
Cash From Investing Activities	(241.7m)	(243.6m)	(246.0m)	(2.4m)	(5.1m)	(2.9m)	(1.5m)	(5.2m)	(26.8m)
Long-term Borrowings	(21.6m)	(33.1m)	(40.7m)	(16.3m)	(18.7m)	(21.0m)	(3.1m)	(6.2m)	(9.4m)
Cash From Financing Activities	151.4m	140.7m	130.3m	(15.3m)	(17.6m)	(21.5m)	(991.0k)	(6.5m)	(15.5m)
Net Change in Cash	(63.9m)	(69.2m)	(71.3m)	1.4m	9.0k	4.2m	37.6m	58.3m	41.2m
Interest Paid	1.9m	3.8m	5.5m	1.3m	2.4m	3.4m	902.0k	1.7m	2.5m
Income Taxes Paid	849.0k	2.5m	3.3m	1.4m	(273.0k)	2.3m	1.7m	5.1m	7.4m

USD	FY, 2014
Revenue/Employee	231.0k

Forrester Research's Enterprise Customers was reported to be 3 k in FY, 2021.

	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Enterprise Customers	2.43 k	2.47 k	2.43 k	2.41 k	2.35 k	2.88 k	2.7 k	3.01 k
Countries	60	60	56	60	60	76	77	76
Survey Responses	400 k	400 k	500 k	675 k	675 k	690 k	675 k	700 k
Events	15	15	14	14	15	19	9
Brands		950	900	700	600	600	500
Facilities Leased (Corporate Headquarters), sq.ft.						190 k	190 k	190 k

Forrester Research (FORR) stock price, revenue, and financials

$50.95

$966 M

$494.3 M

Forrester Research Revenue

Forrester Research Revenue Breakdown

Forrester Research Income Statement

Annual

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

General and administrative expense

Operating expense total

Depreciation and amortization

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

EPS

Quarterly

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

General and administrative expense

Operating expense total

Depreciation and amortization

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

EPS

Forrester Research Balance Sheet

Annual

Cash

Accounts Receivable

Prepaid Expenses

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Short-term debt

Current Liabilities

Long-term debt

Non-Current Liabilities

Total Debt

Total Liabilities

Common Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Quarterly

Cash

Accounts Receivable

Prepaid Expenses

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Short-term debt

Current Liabilities

Long-term debt

Non-Current Liabilities

Total Debt

Total Liabilities

Common Stock

Additional Paid-in Capital