Forrester Research (FORR) Operating Expenses (2010 - 2026)
Forrester Research (FORR) posted Operating Expenses of $104.1 million for Q1 2026, down 24.61% sequentially from $138.1 million in Q4 2025, and down 41.35% YoY from $177.5 million in Q1 2025.
Forrester Research (FORR) Operating Expenses (2010 - 2026) Analysis & Trends
Forrester Research has reported Operating Expenses for 17 years, with the latest figure at $104.1 million in Q1 2026.
- Quarterly Operating Expenses fell 41.35% year-over-year to $104.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $436.7 million (down 12.63% YoY) and the FY2025 annual result came in at $510.1 million, up 18.14% from the prior year.
- Operating Expenses fell to $104.1 million in Q1 2026 per FORR's latest filing, from $138.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $177.5 million in Q1 2025 and troughed at $89.8 million in Q3 2025.
- A 5-year average of $119.1 million and a median of $118.5 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 62.26% in 2025, then sank 41.35% in 2026.
- Over 5 years, Operating Expenses stood at $140.0 million in 2022, then declined by 14.6% to $119.5 million in 2023, then slipped by 9.15% to $108.6 million in 2024, then grew by 27.13% to $138.1 million in 2025, then dropped by 24.61% to $104.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $104.1 million, $138.1 million, and $89.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verisk Analytics | 24.58 Bn | 24.02 Bn | 572.90 Mn | 442.60 Mn |
| 2 | Equifax | 22.80 Bn | 22.63 Bn | 926.40 Mn | 1.39 Bn |
| 3 | Booz Allen Hamilton Holding | 9.16 Bn | 8.62 Bn | 1.46 Bn | 2.52 Bn |
| 4 | Fti Consulting | 4.41 Bn | 4.24 Bn | 316.27 Mn | 908.44 Mn |
| 5 | Huron Consulting | 2.63 Bn | 2.60 Bn | 163.86 Mn | 424.79 Mn |
| 6 | ICF International | 1.60 Bn | 1.50 Bn | 176.64 Mn | 136.75 Mn |
| 7 | Cra International | 1.11 Bn | 1.08 Bn | 62.08 Mn | 35.26 Mn |
| 8 | Etoiles Capital | 277.87 Mn | 276.42 Mn | - | - |
| 9 | Public Policy Holding Company | 254.63 Mn | 217.70 Mn | 11.35 Mn | 56.03 Mn |
| 10 | Forrester Research | 225.85 Mn | 166.34 Mn | 56.52 Mn | 96.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.84 Mn |
| Mar 31, 2026 | 104.08 Mn |
| Dec 31, 2025 | 138.05 Mn |
| Sep 30, 2025 | 89.84 Mn |
| Jun 30, 2025 | 104.70 Mn |
| Mar 31, 2025 | 177.47 Mn |
| Dec 31, 2024 | 108.59 Mn |
| Sep 30, 2024 | 103.26 Mn |
| Jun 30, 2024 | 110.51 Mn |
| Mar 31, 2024 | 109.37 Mn |
| Dec 31, 2023 | 119.53 Mn |
| Sep 30, 2023 | 108.38 Mn |
| Jun 30, 2023 | 127.30 Mn |
| Mar 31, 2023 | 118.81 Mn |
| Dec 31, 2022 | 139.97 Mn |
| Sep 30, 2022 | 119.12 Mn |
| Jun 30, 2022 | 127.54 Mn |
| Mar 31, 2022 | 118.50 Mn |
| Dec 31, 2021 | 122.24 Mn |
| Sep 30, 2021 | 111.60 Mn |