FORRESTER RESEARCH, INC.
FORR · Services-Engineering, Accounting, Research, Management · 19.4M shares · +1%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$11M (gross $4M, SBC $15M)
Grade
D52gen composite 25pct→54; net + operating loss
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -30.1%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, CITADEL ADVISORS LLC
- Weak liquidityCurrent ratio 0.89 (<1)
- Notable holderHeld by 4 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
57.0%
Operating margin
-28.5%
Net margin
-30.1%
Return on equity
-94.3%
Return on assets
-29.5%
ROIC
-55.4%
Revenue growth (QoQ)
-4.9%
Debt / equity
0.3×
Current ratio
0.9×
Free cash flow
$18M
Tangible book value
-$13M
Cash & investments
$63M
Stock comp / revenue
3.1%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Chouinard Scott | Chief Accounting Officer | — |
| Cox Andrew | Chief Marketing Officer | — |
| Darrah Ryan | Chief Legal Officer | — |
| Facemire Michael | Chief Technology Officer | — |
| Favre Christophe | Chief Sales Officer | — |
| Finn Leo Christian | Chief Financial Officer | — |
| Gonsalves Jobina | Chief People Officer | — |
| Johnson Carrie | Chief Product Officer | — |
| Leaver Sharyn | Chief Research Officer | — |
| Swan Nathaniel | Chief Sales Officer | — |
| Bennett Robert Paul | Director | — |
| BRADFORD NEIL | Director | — |
| Friscia Anthony J | Director | — |
| Munchbach Cory | Director | — |
| Romine Warren N | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | BRADFORD NEIL | Tax withheld | 198 | $7.22 |
| 2026-06-01 | Gonsalves Jobina | Option exercise | 4.9K | — |
| 2026-06-01 | Gonsalves Jobina | Tax withheld | 1.4K | $7.22 |
| 2026-06-01 | Cox Andrew | Option exercise | 4.3K | — |
| 2026-06-01 | Cox Andrew | Tax withheld | 1.6K | $7.22 |
| 2026-05-12 | Friscia Anthony J | Grant | 8.0K | — |
| 2026-05-12 | BRADFORD NEIL | Grant | 8.0K | — |
| 2026-05-12 | Munchbach Cory | Grant | 8.0K | — |
| 2026-05-12 | Romine Warren N | Grant | 8.0K | — |
| 2026-05-12 | Bennett Robert Paul | Grant | 8.0K | — |
| 2026-04-01 | Favre Christophe | Option exercise | 3.2K | — |
| 2026-04-01 | Favre Christophe | Tax withheld | 1.5K | $5.39 |
| 2026-04-01 | Cox Andrew | Option exercise | 1.8K | — |
| 2026-04-01 | Cox Andrew | Tax withheld | 723 | $5.39 |
| 2026-04-01 | Gonsalves Jobina | Option exercise | 5.0K | — |
| 2026-04-01 | Gonsalves Jobina | Tax withheld | 1.7K | $5.39 |
| 2026-04-01 | Chouinard Scott | Option exercise | 4.6K | — |
| 2026-04-01 | Chouinard Scott | Tax withheld | 1.6K | $5.39 |
| 2026-04-01 | Finn Leo Christian | Option exercise | 14K | — |
| 2026-04-01 | Finn Leo Christian | Tax withheld | 4.2K | $5.39 |
| 2026-04-01 | Johnson Carrie | Option exercise | 14K | — |
| 2026-04-01 | Johnson Carrie | Tax withheld | 5.4K | $5.39 |
| 2026-04-01 | Leaver Sharyn | Option exercise | 10K | — |
| 2026-04-01 | Leaver Sharyn | Tax withheld | 3.0K | $5.39 |
| 2026-04-01 | Darrah Ryan | Option exercise | 9.3K | — |
| 2026-04-01 | Darrah Ryan | Tax withheld | 3.6K | $5.39 |
| 2026-04-01 | Facemire Michael | Option exercise | 6.0K | — |
| 2026-04-01 | Facemire Michael | Tax withheld | 2.9K | $5.39 |
| 2026-03-01 | Chouinard Scott | Option exercise | 745 | — |
| 2026-03-01 | Chouinard Scott | Tax withheld | 258 | $5.98 |
| 2026-03-01 | Johnson Carrie | Option exercise | 6.0K | — |
| 2026-03-01 | Johnson Carrie | Tax withheld | 2.6K | $5.98 |
| 2026-03-01 | BRADFORD NEIL | Tax withheld | 197 | $5.98 |
| 2026-03-01 | Leaver Sharyn | Option exercise | 4.1K | — |
| 2026-03-01 | Leaver Sharyn | Tax withheld | 1.4K | $5.98 |
| 2026-03-01 | Darrah Ryan | Option exercise | 3.4K | — |
| 2026-03-01 | Darrah Ryan | Tax withheld | 1.5K | $5.98 |
| 2026-03-01 | Cox Andrew | Option exercise | 190 | — |
| 2026-03-01 | Cox Andrew | Tax withheld | 75 | $5.98 |
| 2026-03-01 | Favre Christophe | Option exercise | 408 | — |
| 2026-03-01 | Favre Christophe | Tax withheld | 196 | $5.98 |
| 2026-03-01 | Facemire Michael | Option exercise | 288 | — |
| 2026-03-01 | Facemire Michael | Tax withheld | 136 | $5.98 |
| 2026-03-01 | Finn Leo Christian | Option exercise | 6.3K | — |
| 2026-03-01 | Finn Leo Christian | Tax withheld | 2.2K | $5.98 |
| 2026-02-01 | Facemire Michael | Option exercise | 388 | — |
| 2026-02-01 | Facemire Michael | Option exercise | 134 | $8.11 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-13 | Material agreementExec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-02-12 | ResultsExhibits | filing ↗ |
| 2026-02-09 | 2.05 | filing ↗ |
| 2025-10-31 | Exec/director change | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-07-31 | ResultsExhibits | filing ↗ |
| 2025-05-14 | Shareholder vote | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-12 | 0001193125-26-221590 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001193125-26-213464 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-208920 ↗ |
| DEF 14A | 2026-03-31 | 2026-05-12 | 0001193125-26-133728 ↗ |
| 10-K | 2026-03-13 | 2025-12-31 | 0001193125-26-105114 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001193125-26-048685 ↗ |
| 8-K | 2026-02-09 | 2026-02-09 | 0001193125-26-042776 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001193125-25-274219 ↗ |
| 8-K | 2025-10-31 | 2025-10-31 | 0001193125-25-260777 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001193125-25-258506 ↗ |
| 10-Q | 2025-08-05 | 2025-06-30 | 0000950170-25-102448 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0000950170-25-100883 ↗ |