Forrester Research, Inc.

Forrester Research, Inc. reported a net loss of $119.4 million for fiscal year 2025, driven by a significant goodwill impairment charge of $110.7 million and restructuring costs of $11.7 million. Total revenues were $396.9 million, with research revenues constituting 75% of the total. Despite the net loss, the company generated positive operating cash flow of $21.1 million, a $25.0 million improvement from the prior year's $3.9 million cash used in operations. The balance sheet shows total assets of $404.0 million, with cash, cash equivalents, and marketable investments totaling $127.7 million. The company had $35.0 million in debt outstanding under its credit facility as of December 31, 2025, and maintains a $77.5 million stock repurchase authorization.

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