---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-196096"
form_type: "8-K"
ticker: "FORR"
cik: "0001023313"
company_name: "FORRESTER RESEARCH, INC."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:32:58.777318+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forrester Q2 revenue down 8.5% YoY; GAAP EPS $0.28 vs $0.72; guidance lowered

## Summary
- Q2 2023 revenue $135.6M vs $148.2M in Q2 2022, down 8.5% YoY.
- GAAP net income $5.3M ($0.28 EPS) vs $13.9M ($0.72 EPS) a year ago.
- Adjusted net income $18.1M ($0.94 EPS) vs $19.2M ($1.00 EPS) in prior year.
- Contract value flat at $344M; 51% of CV on Forrester Decisions platform.
- FY2023 guidance: rev $475-485M, GAAP EPS $0.10-0.30, adj. EPS $1.80-2.00.

## SEC filing metadata
- accession: 0001193125-23-196096
- form_type: 8-K
- ticker: FORR
- cik: 0001023313
- company_name: FORRESTER RESEARCH, INC.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023313/000119312523196096/0001193125-23-196096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023313/000119312523196096/d501974d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-196096
- JSON: https://secwatch.observer/filing/0001193125-23-196096.json
- Plain text: https://secwatch.observer/filing/0001193125-23-196096.txt

## Key facts
- Earnings Releases
  FORRESTER RESEARCH, INC. reported second quarter ended June 30, 2023 results: revenue $135.6 million, net income $5.3 million, EPS $0.28 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $135.6 million
  - Net income: $5.3 million
  - EPS: $0.28 per diluted share
  - Result: reported results
  source text: Total revenues for the second quarter of 2023 were $135.6 million, compared with $148.2 million for the comparable quarter in 2022. On a GAAP basis, net income was $5.3 million, or $0.28 per diluted share, for the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023313/000119312523196096/0001193125-23-196096-index.htm
- Earnings Releases
  FORRESTER RESEARCH, INC. reported Full Year 2023 results: revenue approximately $475 million to $485 million, EPS approximately $0.10 to $0.30.
  - Period: Full Year 2023
  - Revenue: approximately $475 million to $485 million
  - EPS: approximately $0.10 to $0.30
  - Result: guidance update
  source text: Full Year 2023 (GAAP): • Total revenues of approximately $475 million to $485 million • Operating margin of approximately 1.2% to 2.2% • Interest expense of approximately $3.0 million • An effective tax rate of approximately 43% • Earnings per share of approximately $0.10 to $0.30
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023313/000119312523196096/0001193125-23-196096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.