AI-extracted from the 10-Q filed 2026-08-06 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue declined 10% YoY to $100.2M as research (-8%), consulting (-15%), and events (-17%) all contracted; operating income fell to $3.4M from $7.0M.
Biggest Revenue Drivers
Research$71.7M-8% YoY
Decrease in contract value driven by 89% wallet retention and lower new client acquisition.
Consulting$20.0M-15% YoY
Lower client bookings and discontinuation of strategy consulting engagement sales.
Biggest Revenue Drivers
Total revenue: $100.2M-10% YoY
Research$71.7M-8% YoY
Decrease in contract value driven by 89% wallet retention and lower new client acquisition.
Consulting$20.0M-15% YoY
Lower client bookings and discontinuation of strategy consulting engagement sales.
Events$8.5M-17% YoY
Decrease in sponsorship revenues and event ticket revenue from smaller regional venue formats.
Largest Expense Items
Cost of services and fulfillment$43.7M-12% YoY
Lower event costs from venue reformatting, reduced headcount compensation, and decreased professional services.
Selling and marketing$34.7M-7% YoY
Decreased compensation and commissions due to lower headcount and reduced facilities costs.
General and administrative$13.1M-2% YoY
Reduced compensation costs from headcount decreases, partially offset by increased legal costs.
Margins: Operating margin compressed to 3.4% from 6.2% YoY, reflecting lower operating leverage from the 10% revenue decline despite 10% expense reduction. Gross margin remained stable at 44% but was offset by elevated restructuring costs.
Watch Items from the Filing
Contract value declined 3% YoY to $283.2M; wallet retention improved to 89% but client retention holds at 77%, indicating ongoing customer loss.
Goodwill impairment of $10.8M recorded in Q1 2026 due to stock price decline; additional impairments possible if market conditions deteriorate further.
Consulting revenue expected to decline low 20% range in 2026 following strategy consulting discontinuation announced February 2026.
Note receivable from FeedbackNow divestiture has $8.2M allowance recorded; borrower in default on scheduled payments; net carrying value only $1.8M.
Capital spending of $18.2M in H1 2026 primarily for headquarters renovation; additional $10-11M anticipated in Q3 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Cox AndrewChief Marketing OfficerShares withheld for tax or exercise price · Aug 1, 2026
Facemire MichaelChief Technology OfficerOption exercise · Aug 1, 2026
Chouinard ScottChief Accounting OfficerShares withheld for tax or exercise price · Aug 1, 2026
Gonsalves JobinaChief People OfficerShares withheld for tax or exercise price · Jun 1, 2026
Bradford NeilReporting ownerShares withheld for tax or exercise price · Jun 1, 2026
Bennett Robert PaulReporting ownerGrant or award · May 12, 2026
About FORRESTER RESEARCH, INC. (FORR): stock profile, AI score and financials
FORRESTER RESEARCH, INC. (FORR) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores FORR at 24.9/100 on a composite quality score built from its SEC filings, placing it at rank #2,646 of 2,925 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (7.2) and revenue growth (9.9), which score below median versus the broader universe. Shareholder dilution risk is elevated at 31.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), FORRESTER RESEARCH, INC. reports quarterly revenue of $100.2M, net income of $15.3M, an operating margin of 3.4%. Top institutional holders of FORR by reported 13-F value include Portolan Capital Management, Nantahala Capital Management, Tieton Capital Management, based on the most recent SEC filings. FORR trades on the Nasdaq exchange and files with the SEC under CIK 1023313. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FORR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FORRESTER RESEARCH, INC. directly from SEC EDGAR.