earnings
confidence high
sentiment negative
materiality 0.75
Forrester Q4 revenue down 6% to $101.1M, GAAP loss $1.78/sh; 2026 revenue guidance declines 9-13%
FORRESTER RESEARCH, INC.
2025-FY EPS
reported -$6.28
vs consensus $0.22
▼ miss
(-2941.6%)
- Q4 GAAP net loss $33.9M ($1.78 diluted) vs net income $0.4M a year ago; adjusted net income $3.2M ($0.17) vs $6.8M ($0.36).
- Full-year revenue $396.9M, down 8.2% YoY; contract value fell 6% to $292.4M.
- Goodwill impairment charges of $110.7M contributed to GAAP net loss of $119.4M for 2025.
- 2026 guidance: revenues $345-360M (decline 9-13%), adjusted EPS $0.72-0.82 vs $1.16 in 2025.
- Restructuring announced to improve cost efficiency and focus on CV growth; Q4 restructuring costs $9.8M.