FORRESTER RESEARCH INC

For the period ended Dec 31, 2024. Filed Mar 7, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 7, 2025

FORR$8.90+0.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(In thousands, except per share data)

	Years Ended December 31,
	2024	2023	2022
Revenues:
Research	$316,739	$334,396	$354,453
Consulting	97,254	118,228	152,587
Events	18,477	28,155	30,747
Total revenues	432,470	480,779	537,787
Operating expenses:
Cost of services and fulfillment	182,534	204,484	223,773
Selling and marketing	159,621	167,352	181,940
General and administrative	58,818	68,497	67,655
Depreciation	7,561	8,452	9,269
Amortization of intangible assets	9,648	11,956	13,161
Restructuring costs	11,773	13,272	9,335
Loss from sale of divested operation	1,775	—	—
Total operating expenses	431,730	474,013	505,133
Income from operations	740	6,766	32,654
Interest expense	(3,011)	(3,060)	(2,461)
Other income, net	4,094	2,371	222
Gains on investments, net	814	208	309
Income before income taxes	2,637	6,285	30,724
Income tax expense	8,384	3,235	8,918
Net income (loss)	$(5,747)	$3,050	$21,806
Basic income (loss) per common share	$(0.30)	$0.16	$1.15
Diluted income (loss) per common share	$(0.30)	$0.16	$1.14
Basic weighted average common shares outstanding	19,094	19,183	18,967
Diluted weighted average common shares outstanding	19,094	19,258	19,172

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.