Forrester Research (FORR) Operating Expenses (2010 - 2026)
Forrester Research (FORR) reported Operating Expenses of $96.84 million for Q2 2026, down 7.5% from $104.7 million a year earlier and down 7.0% from the prior quarter.
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Analysis
Forrester Research (FORR) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Forrester Research's Operating Expenses came in at $428.81 million, down 13.2% year-over-year; for FY2025, it came in at $510.06 million, up 18.1% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- By year, Operating Expenses came in at $431.73 million in FY2024 (-8.9%), $474.01 million in FY2023 (-6.2%), $505.13 million in FY2022 (+10.9%) and $455.67 million in FY2021 (+5.3%).
- Five-year quarterly Operating Expenses spans a low of $89.84 million in Q3 2025 and a high of $177.47 million in Q1 2025.
- Year over year, Operating Expenses gained in two of the last eight quarters, with growth averaging 1.1%.
- The high point for year-over-year Operating Expenses in five years was Q1 2025 (growth of 62.3%); the low point was Q1 2026 (a decline of 41.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $104.08 million (Q1 2026), $138.05 million (Q4 2025) and $89.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 15.54 Bn |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 792.12 Mn |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 1.66 Bn |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 528.00 Mn |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 877.22 Mn |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 4.84 Bn |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 267.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 1.30 Bn |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Forrester Research | 223.50 Mn | -38.37 Mn | 56.52 Mn | 96.84 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Forrester Research Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FORR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FORR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();