Forrester Q1 revenue $89.9M (-10% YoY); net loss $87.3M includes $83.9M goodwill impairment

FORRESTER RESEARCH, INC.

2025-Q1 EPS reported -$4.62 revenue$89,876,000

Total revenues $89.9M, down 10% from $100.1M YoY; contract value $290.9M (-7%).
GAAP net loss $87.3M ($4.62 diluted EPS) vs loss $6.7M ($0.35) last year; includes $83.9M non-cash goodwill impairment.
Adjusted net income $2.0M ($0.11 diluted EPS) vs $2.8M ($0.14) in Q1 2024.
FY2025 guidance: revenue $400-415M (decline 7.5%-4%), adjusted EPS $1.20-$1.35.
CEO cites volatility and client uncertainty; company maintaining 2025 guidance and generating positive cash flow.

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