FORRESTER RESEARCH, INC.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
FORR$8.90+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share data)
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $63,335 | $56,087 |
| Marketable investments | 64,321 | 48,582 |
| Accounts receivable, net of allowance for expected credit losses of $360 and $434 as of December 31, 2025 and 2024, respectively | 50,850 | 55,490 |
| Deferred commissions | 22,060 | 22,942 |
| Prepaid expenses and other current assets | 12,119 | 18,263 |
| Total current assets | 212,685 | 201,364 |
| Property and equipment, net | 11,217 | 11,699 |
| Operating lease right-of-use assets | 30,662 | 27,049 |
| Goodwill | 120,381 | 227,959 |
| Intangible assets, net | 18,730 | 27,475 |
| Other assets | 10,359 | 8,316 |
| Total assets | $404,034 | $503,862 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $832 | $965 |
| Accrued expenses and other current liabilities | 62,418 | 57,602 |
| Current portion of long-term debt | 35,000 | — |
| Deferred revenue | 141,812 | 145,404 |
| Total current liabilities | 240,062 | 203,971 |
| Long-term debt | — | 35,000 |
| Non-current operating lease liabilities | 29,512 | 24,809 |
| Other non-current liabilities | 7,935 | 10,545 |
| Total liabilities | 277,509 | 274,325 |
| Commitments and contingencies (Note 16) | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.01 par value | ||
| Authorized - 500 shares; issued and outstanding - none | — | — |
| Common stock, $0.01 par value | ||
| Authorized - 125,000 shares | ||
| Issued - 25,535 and 25,119 shares as of December 31, 2025 and 2024, respectively | ||
| Outstanding - 19,013 and 18,838 shares as of December 31, 2025 and 2024, respectively | 255 | 251 |
| Additional paid-in capital | 304,404 | 292,217 |
| Retained earnings | 52,574 | 171,934 |
| Treasury stock - 6,522 and 6,282 shares as of December 31, 2025 and 2024, respectively | (229,615) | (227,119) |
| Accumulated other comprehensive loss | (1,093) | (7,746) |
| Total stockholders’ equity | 126,525 | 229,537 |
| Total liabilities and stockholders’ equity | $404,034 | $503,862 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.