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Forrester Research's Revenue (2016 - 2025)

  • Forrester Research's annual revenue was $396.89 M in fiscal year 2025. The annual revenue decreased -$35.58 M from $432.47 M (in 2024) to $396.89 M (in 2025), representing a -8.23% year-over-year decline.

  • Forrester Research's quarterly revenue was $85.45 M in the quarter ending Mar 2026. The quarterly revenue decreased -$4.42 M from $89.88 M (in Q1: Dec 2025) to $85.45 M (in Q1: Dec 2026), representing a -4.92% year-over-year decline.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Forrester Research was $537.79 M in fiscal year 2022.
  • The lowest annual revenue was $326.10 M in fiscal year 2016.
  • The average revenue was $427.43 M.

    • Learn more about Forrester Research's Revenue by Segment and Revenue by Region.

    Check out competitors to Forrester Research in a side-by-side comparison.

    Explore additional financial metrics for Forrester Research.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Forrester Research's Revenue Trend

2025

Forrester Research's annual revenue was $396.89 M in fiscal year 2025.

Forrester Research's quarterly revenue was $89.88 M(Q1: Mar 2025), $111.66 M(Q2: Jun 2025), $94.30 M(Q3: Sep 2025), $101.06 M(Q4: Dec 2025) in fiscal year 2025.

2024

Forrester Research's annual revenue was $432.47 M in fiscal year 2024.

Forrester Research's quarterly revenue was $100.08 M(Q1: Mar 2024), $121.83 M(Q2: Jun 2024), $102.53 M(Q3: Sep 2024), $108.04 M(Q4: Dec 2024) in fiscal year 2024.

2023

Forrester Research's annual revenue was $480.78 M in fiscal year 2023.

Forrester Research's quarterly revenue was $113.67 M(Q1: Mar 2023), $135.59 M(Q2: Jun 2023), $113.43 M(Q3: Sep 2023), $118.09 M(Q4: Dec 2023) in fiscal year 2023.

2022

Forrester Research's annual revenue was $537.79 M in fiscal year 2022.

Forrester Research's quarterly revenue was $124.97 M(Q1: Mar 2022), $148.25 M(Q2: Jun 2022), $127.68 M(Q3: Sep 2022), $136.89 M(Q4: Dec 2022) in fiscal year 2022.

2021

Forrester Research's annual revenue was $494.32 M in fiscal year 2021.

Forrester Research's quarterly revenue was $113.78 M(Q1: Mar 2021), $128.67 M(Q2: Jun 2021), $118.14 M(Q3: Sep 2021), $133.73 M(Q4: Dec 2021) in fiscal year 2021.

2020

Forrester Research's annual revenue was $448.98 M in fiscal year 2020.

Forrester Research's quarterly revenue was $106.35 M(Q1: Mar 2020), $113.54 M(Q2: Jun 2020), $108.58 M(Q3: Sep 2020), $120.52 M(Q4: Dec 2020) in fiscal year 2020.

2019

Forrester Research's annual revenue was $461.70 M in fiscal year 2019.

Forrester Research's quarterly revenue was $100.65 M(Q1: Mar 2019), $128.18 M(Q2: Jun 2019), $108.60 M(Q3: Sep 2019), $124.27 M(Q4: Dec 2019) in fiscal year 2019.

2018

Forrester Research's annual revenue was $357.58 M in fiscal year 2018.

Forrester Research's quarterly revenue was $77.75 M(Q1: Mar 2018), $96.35 M(Q2: Jun 2018), $84.89 M(Q3: Sep 2018), $98.58 M(Q4: Dec 2018) in fiscal year 2018.

2017

Forrester Research's annual revenue was $337.67 M in fiscal year 2017.

Forrester Research's quarterly revenue was $77.19 M(Q1: Mar 2017), $89.73 M(Q2: Jun 2017), $80.37 M(Q3: Sep 2017), $90.38 M(Q4: Dec 2017) in fiscal year 2017.

2016

Forrester Research's annual revenue was $326.10 M in fiscal year 2016.

Forrester Research's quarterly revenue was $77.40 M(Q1: Mar 2016), $87.82 M(Q2: Jun 2016), $77.43 M(Q3: Sep 2016), $83.45 M(Q4: Dec 2016) in fiscal year 2016.

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Forrester Research's Revenue (Year-over-Year Change)

2015 0
2016 +3.94
2017 +3.55
2018 +5.89
2019 +29.12
2020 -2.75
2021 +10.10
2022 +8.79
2023 -10.60
2024 -10.05
2025 -8.23

2025

Forrester Research’s annual revenue decreased -8.23% during fiscal year 2025 compared to 2024. It represents a decline of $35.58 M from $432.47 M (in 2024) to $396.89 M (in 2025).

2024

Forrester Research’s annual revenue decreased -10.05% during fiscal year 2024 compared to 2023. It represents a decline of $48.31 M from $480.78 M (in 2023) to $432.47 M (in 2024).

2023

Forrester Research’s annual revenue decreased -10.60% during fiscal year 2023 compared to 2022. It represents a decline of $57.01 M from $537.79 M (in 2022) to $480.78 M (in 2023).

2022

Forrester Research’s annual revenue increased +8.79% during fiscal year 2022 compared to 2021. It represents a growth of $43.47 M from $494.32 M (in 2021) to $537.79 M (in 2022).

2021

Forrester Research’s annual revenue increased +10.10% during fiscal year 2021 compared to 2020. It represents a growth of $45.33 M from $448.98 M (in 2020) to $494.32 M (in 2021).

2020

Forrester Research’s annual revenue decreased -2.75% during fiscal year 2020 compared to 2019. It represents a decline of $12.71 M from $461.70 M (in 2019) to $448.98 M (in 2020).

2019

Forrester Research’s annual revenue increased +29.12% during fiscal year 2019 compared to 2018. It represents a growth of $104.12 M from $357.58 M (in 2018) to $461.70 M (in 2019).

2018

Forrester Research’s annual revenue increased +5.89% during fiscal year 2018 compared to 2017. It represents a growth of $19.90 M from $337.67 M (in 2017) to $357.58 M (in 2018).

2017

Forrester Research’s annual revenue increased +3.55% during fiscal year 2017 compared to 2016. It represents a growth of $11.58 M from $326.10 M (in 2016) to $337.67 M (in 2017).

2016

Forrester Research’s annual revenue increased +3.94% during fiscal year 2016 compared to 2015. It represents a growth of $12.37 M from $313.73 M (in 2015) to $326.10 M (in 2016).

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Forrester Research Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$396.89 M -$35.58 M 8.23%
Q4: Dec 25 $101.06 M -$6.98 M 6.46%
Q3: Sep 25 $94.30 M -$8.23 M 8.03%
Q2: Jun 25 $111.66 M -$10.17 M 8.34%
Q1: Mar 25 $89.88 M -$10.20 M 10.19%
FY 2024
$432.47 M -$48.31 M 10.05%
Q4: Dec 24 $108.04 M -$10.05 M 8.51%
Q3: Sep 24 $102.53 M -$10.90 M 9.61%
Q2: Jun 24 $121.83 M -$13.76 M 10.15%
Q1: Mar 24 $100.08 M -$13.59 M 11.96%
FY 2023
$480.78 M -$57.01 M 10.6%
Q4: Dec 23 $118.09 M -$18.80 M 13.74%
Q3: Sep 23 $113.43 M -$14.25 M 11.16%
Q2: Jun 23 $135.59 M -$12.66 M 8.54%
Q1: Mar 23 $113.67 M -$11.30 M 9.04%
FY 2022
$537.79 M $43.47 M 8.79%
Q4: Dec 22 $136.89 M $3.16 M 2.37%
Q3: Sep 22 $127.68 M $9.54 M 8.08%
Q2: Jun 22 $148.25 M $19.58 M 15.21%
Q1: Mar 22 $124.97 M $11.19 M 9.83%
FY 2021
$494.32 M $45.33 M 10.1%
Q4: Dec 21 $133.73 M $13.21 M 10.96%
Q3: Sep 21 $118.14 M $9.56 M 8.8%
Q2: Jun 21 $128.67 M $15.13 M 13.32%
Q1: Mar 21 $113.78 M $7.44 M 6.99%
FY 2020
$448.98 M -$12.71 M 2.75%
Q4: Dec 20 $120.52 M -$3.75 M 3.02%
Q3: Sep 20 $108.58 M -$19.00 K 0.02%
Q2: Jun 20 $113.54 M -$14.64 M 11.42%
Q1: Mar 20 $106.35 M $5.70 M 5.66%
FY 2019
$461.70 M $104.12 M 29.12%
Q4: Dec 19 $124.27 M $25.69 M 26.06%
Q3: Sep 19 $108.60 M $23.71 M 27.93%
Q2: Jun 19 $128.18 M $31.83 M 33.03%
Q1: Mar 19 $100.65 M $22.90 M 29.45%
FY 2018
$357.58 M $19.90 M 5.89%
Q4: Dec 18 $98.58 M $8.21 M 9.08%
Q3: Sep 18 $84.89 M $4.52 M 5.63%
Q2: Jun 18 $96.35 M $6.62 M 7.38%
Q1: Mar 18 $77.75 M $555.00 K 0.72%
FY 2017
$337.67 M $11.58 M 3.55%
Q4: Dec 17 $90.38 M $6.93 M 8.31%
Q3: Sep 17 $80.37 M $2.94 M 3.8%
Q2: Jun 17 $89.73 M $1.91 M 2.18%
Q1: Mar 17 $77.19 M -$207.00 K 0.27%
FY 2016
$326.10 M $12.37 M 3.94%
Q4: Dec 16 $83.45 M $2.47 M 3.05%
Q3: Sep 16 $77.43 M $2.67 M 3.58%
Q2: Jun 16 $87.82 M $5.01 M 6.05%
Q1: Mar 16 $77.40 M $2.21 M 2.94%

Frequently Asked Questions

What is the annual revenue of Forrester Research?

In fiscal year 2025, Forrester Research's revenue was $396.89 Million.

How much did Forrester Research's revenue change in the last year?

Forrester Research's revenue decreased by -8.23% (-$35.58 Million) in 2025 compared to 2024.

What is Forrester Research's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Forrester Research reported a revenue of $85.45 Million.

What is Forrester Research's revenue per share (TTM)?

Forrester Research's revenue per share over the trailing twelve months is $20.58.

What is Forrester Research's revenue per employee?

In the fiscal year 2025, Forrester Research's revenue per employee was $269.26 K.

What is the annual net income of Forrester Research?

In fiscal year 2025, Forrester Research's net income was -$119.36 Million.

What is Forrester Research's biggest product segment, and what is its revenue?

Research Revenue is Forrester Research's biggest product segment, generating $295.61 Million in revenue for fiscal year 2025.

What is Forrester Research's net income per employee?

In the fiscal year 2025, Forrester Research's net income per employee was -$80.98 K.

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