Forrester Research reported fourth-quarter and full-year 2025 financial results, with contract value down 6% to $292.4 million and a GAAP net loss of $119.4 million for the year, while also providing full-year 2026 guidance projecting a revenue decline and adjusted diluted EPS of $0.72 to $0.82.
Key takeaways
Contract value decreased 6% to $292.4 million for 2025 compared to prior year
Full-year 2025 GAAP net loss was $119.4 million ($6.28 per diluted share) including $110.7 million in goodwill impairment charges
Full-year 2025 adjusted net income was $22.2 million ($1.16 per diluted share) excluding specified items
Full-year 2026 revenue guidance projects $345.0 million to $360.0 million, representing a 9% to 13% decline versus 2025
Full-year 2026 adjusted diluted EPS guidance projects $0.72 to $0.82
Fourth-quarter 2025 restructuring costs were $9.8 million as part of announced cost efficiency measures