---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-264079"
form_type: "8-K"
ticker: "FORR"
cik: "0001023313"
company_name: "FORRESTER RESEARCH, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:37:11.234900+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forrester Q3 revenue falls 11% YoY to $113.4M; GAAP EPS $0.13 vs $0.28

## Summary
- Total revenues of $113.4M, down from $127.7M in Q3 2022; CV flat at $349.4M.
- GAAP net income $2.5M ($0.13 diluted EPS) vs $5.4M ($0.28) a year ago.
- Adjusted net income $8.6M ($0.44 diluted EPS) vs $10.9M ($0.57), excluding stock comp and intangibles.
- FY 2023 guidance: GAAP revenue $475-485M, GAAP EPS $0.10-0.30, adjusted EPS $1.80-2.00.
- CEO cites $200M CV on Forrester Decisions platform; developing Izola generative AI system.

## SEC filing metadata
- accession: 0001193125-23-264079
- form_type: 8-K
- ticker: FORR
- cik: 0001023313
- company_name: FORRESTER RESEARCH, INC.
- filed_at: 2023-10-26T23:59:59+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/1023313/000119312523264079/0001193125-23-264079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023313/000119312523264079/d567864d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-264079
- JSON: https://secwatch.observer/filing/0001193125-23-264079.json
- Plain text: https://secwatch.observer/filing/0001193125-23-264079.txt

## Key facts
- Earnings Releases
  FORRESTER RESEARCH, INC. reported the third quarter ended September 30, 2023 results: revenue $113.4 million, net income $2.5 million, or $0.13 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $113.4 million
  - Net income: $2.5 million, or $0.13 per diluted share
  - Result: reported results
  source text: growing CV and accelerating the ongoing journey to create a high-performance sales culture.” Third-Quarter Consolidated Results Total revenues for the third quarter of 2023 were $113.4 million, compared with $127.7 million for the comparable quarter in 2022. On a GAAP basis, net income was $2.5 million, or $0.13 per diluted share, for the third quarter of 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023313/000119312523264079/0001193125-23-264079-index.htm

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