OakChart

Forrester Research Inc

FORRIndustrials·Consulting Services·USA·Micro·NASD·Nov 11 • 11:47 AM ET

9.07+0.27 (3.10%)
2026-11-11 17:47 CET
Market cap
159.70 USD m
Revenue, TTM
372.85 USD m
Net income, TTM
-44.87 USD m
Free cash flow, TTM
4.36 USD m
EPS diluted, TTM
-2.38
P/E
-
Compare

Price

FORR against its 20, 50 and 200-day averages
2050200beatmiss
6.008.0010.0012.00733K1.5MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26FORRclose 9.0720-day 10.8550-day 11.33200-day 8.639.0752w high

28.8% under the 52-week high of 12.75 on 4 Sep 2026. 52-week low 4.88 on 10 Apr 2026. Last 15 sessions, 51.8% high to low

Profile

FORR
52-week range, 53% of the way up
4.8812.75

Forrester Research, Inc. engages in the provision of advisory services. It operates through the following business segments: Research, Consulting, and Events. The Research segment includes the revenues of the research, connect, and analytics products. The Consulting segment consists of project consulting organization. The Events segment refers to developing and hosting in-person and virtual events. The firm serves the business-to-business marketing, sales, information technology, business-to-consumer marketing, and customer experience sectors. The company was founded by George F. Colony on July 7, 1983 and is headquartered in Cambridge, MA.

Employees1474
IPONov 27, 1996
Beta1.02
ATR, 14d0.60
Rel volume0.68
Short float4.78%
Insider own40.66%
Inst own63.13%

Snapshot

6 groups

Valuation

Index-
Market Cap164.65M
Enterprise Value121.43M
Income-44.87M
Sales372.85M
Book/sh5.90
Cash/sh6.48
Dividend Est.-
Dividend TTM-
Dividend Ex-DateDec 11, 2018
Dividend Gr. 3/5Y- -
Payout-
Employees1474
IPONov 27, 1996

Ratios

P/E-
Forward P/E11.06
PEG-
P/S0.44
P/B1.54
P/C1.40
P/FCF37.76
EV/EBITDA6.35
EV/Sales0.33
Quick Ratio0.94
Current Ratio0.94
Debt/Eq0.68
LT Debt/Eq0.68
Option/ShortYes / Yes

Earnings

EPS (ttm)-2.38
EPS next Y0.82
EPS next Q0.19
EPS this Y-31.47%
EPS next Y3.14%
EPS next 5Y-1.46%
EPS past 3/5Y- -
Sales past 3/5Y-9.63% -2.44%
EPS Y/Y TTM47.26%
Sales Y/Y TTM-7.68%
EPS Q/Q-110.16%
Sales Q/Q-8.68%
EarningsOct 29 AMC
EPS/Sales Surpr.17.07% 5.29%

Ownership

Insider Own40.66%
Insider Trans-0.23%
Inst Own63.13%
Inst Trans-5.11%
ROA-11.38%
ROE-33.63%
ROIC-24.45%
Gross Margin53.21%
Oper. Margin0.10%
Profit Margin-12.03%
SMA20-16.40%
SMA50-19.95%
SMA2005.17%
Trades-

Technical

Shs Outstand18.51M
Shs Float10.77M
Short Float4.78%
Short Ratio4.74
Short Interest0.51M
52W High12.75 -28.84%
52W Low4.88 85.92%
Volatility7.04% 5.79%
ATR (14)0.60
RSI (14)30.52
Beta1.02
Rel Volume0.68
Avg Volume108.50K
Volume28,271

Performance

Perf Week-3.07%
Perf Month-23.57%
Perf Quarter-23.05%
Perf Half Y44.24%
Perf YTD11.73%
Perf Year16.32%
Perf 3Y-62.10%
Perf 5Y-84.77%
Perf 10Y-77.43%
Recom3.00
Target Price12.00
Prev Close8.80
Price9.07
Change %3.10%

Analyst ratings

latest 10 of 16
DateActionAnalystRating changeTargetImplied
Oct 30, 2023DowngradeBBarrington ResearchOutperform → Mkt Perform
Aug 03, 2020ReiteratedBBarrington ResearchOutperform$40 → $44+385.0%
Mar 31, 2020UpgradeBBarrington ResearchMkt Perform → Outperform$34+274.8%
Aug 29, 2019InitiatedSSidotiBuy
Aug 28, 2019InitiatedSSidotiBuy$55+506.2%
Aug 01, 2019ReiteratedMMaxim GroupBuy$62 → $59+550.3%
Feb 28, 2019InitiatedMMaxim GroupBuy$62+583.4%
Oct 31, 2016UpgradeSSidotiNeutral → Buy
Oct 06, 2015InitiatedBBarrington ResearchMkt Perform
Oct 28, 2011InitiatedNNorthland SecuritiesMarket Perform

Peers

Mkt cap
TickerCompanyMkt cap
ITGartner Inc11.84B
CRAICRA International Inc1.26B
RGPResources Connection Inc96.64M
ICFIICF International Inc1.47B
TTGTTechtarget Inc199.82M
HURNHuron Consulting Group Inc2.66B
HCKTHackett Group Inc328.04M
FCNFTI Consulting Inc5.30B
IIIInformation Services Group Inc301.85M
MORNMorningstar Inc9.08B

Insider trading

latest 14 of 27
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Favre ChristopheChief Sales OfficerSep 01 '26Option Exercise0.00552014,623Sep 02 04:13 PM
Darrah RyanChief Legal OfficerAug 20 '26Sale11.785,00058,88027,244Aug 20 04:06 PM
Finn Leo ChristianChief Financial OfficerAug 20 '26Sale11.787,00082,43334,476Aug 20 04:04 PM
Leo Christian FinnOfficerAug 20 '26Proposed Sale11.787,00082,433Aug 20 04:03 PM
Johnson CarrieChief Product OfficerAug 13 '26Sale11.515,00057,55035,409Aug 14 10:06 AM
Favre ChristopheChief Sales OfficerAug 01 '26Option Exercise0.00634014,372Aug 04 02:38 PM
Chouinard ScottChief Accounting OfficerAug 01 '26Option Exercise0.00925015,535Aug 04 02:35 PM
Facemire MichaelChief Technology OfficerAug 01 '26Option Exercise0.002,60509,211Aug 04 02:34 PM
Cox AndrewChief Marketing OfficerAug 01 '26Option Exercise0.0030805,781Aug 04 02:30 PM
Gonsalves JobinaChief People OfficerJun 01 '26Option Exercise0.004,913011,671Jun 02 01:25 PM
Cox AndrewChief Marketing OfficerJun 01 '26Option Exercise0.004,26407,041Jun 02 01:20 PM
Favre ChristopheChief Sales OfficerApr 01 '26Option Exercise0.003,177015,270Apr 29 03:11 PM
Cox AndrewChief Marketing OfficerApr 01 '26Option Exercise0.001,81603,500Apr 02 05:10 PM
Gonsalves JobinaChief People OfficerApr 01 '26Option Exercise0.005,00008,490Apr 02 04:41 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DWASInvesco Dorsey Wright SmallCap Momentum ETFAUM: 391.13M
FSCCFederated Hermes MDT Small Cap Core ETFAUM: 457.96M
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B
DFMCU.S. Micro Cap Portfolio ETF Class Shares-
IWCiShares Micro-Cap ETFAUM: 1.22B
DFASU.S. Small Cap Portfolio-ETF Class Shares-
ONEQFidelity Nasdaq Composite Index ETFAUM: 10.35B
EESWisdomTree U.S. SmallCap FundAUM: 684.87M

News

latest 14 of 204
  • Forrester Unveils New Integration With Slack at Its Technology & Innovation Forum East (Business Wire)
  • Forrester Beats Lowered Expectations And Lifts EPS Floor, But Walks Back Its Contract-Value Growth Promise (Earnings Whispers) -9.61%
  • Forrester Research: Q3 Earnings Snapshot (Associated Press)
  • Forrester's Stalled Contract Value Faces A Key Test As Rally Raises The Stakes (Earnings Whispers)
  • Forresters 2027 Technology And Security Predictions: AI Will Account For 20% Of All Business Technology Spend (Business Wire)
  • Loading…
  • Forresters 2027 B2C Marketing, CX, And Digital Predictions: Rising AI Costs Will Force B2C Leaders To Scale Back A Third Of AI Initiatives (Business Wire)
  • Forrester's 2027 B2B Go-To-Market Predictions: AI Agents Will Influence 75% of B2B Purchase Decisions (Business Wire)
  • Forrester Research To Broadcast Its 2026 Third-Quarter Earnings Conference Call (Business Wire)
  • Forresters 2027 European Predictions: Despite A Strong Desire To Regain Its Digital Sovereignty, Europe Will Selectively Reset, Not Sever, Key Technology Relationships (Business Wire)
  • The Agent Production Gap: When 171% ROI Isnt Enough to Ship (Forkast News)
  • Why CX budget planning is broken and how to fix it for 2027 (CX Dive)
  • Forrester Introduces AI Disruption Model To Assess AI's Impact On Technology And Service Markets (Business Wire)
  • The United States Department Of The Air Force Selects Forrester To Expand Enterprise Access To Research, Advisory Services, And AI-Enabled Insights (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-290.2400.205-0.23086.1181.782
2026Q22026-07-300.4000.2650.784100.2396.912
2026Q12026-05-06-0.0400.115-1.14485.4583.282
2025Q42026-02-120.1700.215-1.783101.06103.253
2025Q32025-10-300.3700.307-0.11194.3099.153
2025Q22025-07-310.5100.5000.205111.66109.973
2025Q12025-05-060.1100.076-4.62089.8890.703
2024Q42025-02-110.3600.3440.023108.04106.253
2024Q32024-11-050.2900.337-0.304102.53101.933
2024Q22024-07-300.6800.7000.329121.83121.213
2024Q12024-04-300.1400.217-0.346100.08104.213
2023Q42024-02-080.2500.262-0.035118.09116.433
2023Q32023-10-260.4400.3380.129113.43113.443
2023Q22023-07-270.9400.7270.275135.59128.993
2023Q12023-05-040.2700.380-0.213113.67121.543
2022Q42023-02-090.4500.333-0.086136.89138.713

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY1.2201.1130.830337.67332.11
2018FY1.3601.3550.837357.58355.44
2019FY1.6501.573-0.518472.95466.65
2020FY1.6001.3870.528448.98441.75
2021FY2.0902.0771.284494.32494.39
2022FY2.4602.3491.137537.79539.62
2023FY1.9001.9170.158480.78479.12
2024FY1.4701.454-0.301432.47430.7
2025FY1.1601.215-6.280396.89399.07
2026FY-0.795--355.66
2027FY-0.820--355.22
2028FY-1.110--362.72

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-3020283.8783.5184.22
2026Q4S2026-10-2920087.7286.5088.95
2026Q4S2026-10-1420087.7286.5088.95
2026Q4S2026-07-3120287.7286.5088.95
2026Q4S2026-07-0720090.4288.9491.89
2026Q4S2026-05-1420190.4288.9491.89
2026Q4S2026-05-0720190.5889.2791.89
2026Q4S2026-04-2320190.5889.2791.89
2026Q4S2026-04-0920192.0189.2794.75
2026Q4S2026-02-1730191.6789.2794.75
2026Q4S2026-02-1330093.6889.27100.76
2026Q4S2026-02-02100100.76100.76100.76
2026Q4S2026-01-14100101.26101.26101.26
2026Q4S2025-11-11101101.26101.26101.26

Estimate history

EPS, annual0.830.837-0.5180.5281.2841.1370.158-0.301-6.277-2.3769
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.3040.023-4.620.205-0.111-1.783-1.1440.784-0.234
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual337.673357.575461.697448.984494.315537.787480.779432.47396.888372.85
Period201720182019202020212022202320242025TTM
Sales, quarterly102.527108.04189.876111.65994.295101.05885.454100.23386.107
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual18.04118.3218.64419.01719.05819.06219.24818.83819.01318.506
Period201720182019202020212022202320242025MRQ
Shares, quarterly18.98318.83818.9819.0818.98919.01319.17619.28418.506
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue372.85396.89432.47480.78537.79494.31448.98461.70357.57
Cost of Goods Sold Incl. D&A174.47185.49199.74224.89246.20269.33210.46227.92155.62
Gross Profit198.38211.40232.73255.89291.58224.98238.52233.78201.96
Selling, General and Administrative Excl. Other198.01209.45218.44235.85249.59186.00216.57225.91175.74
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income0.381.9514.2920.0441.9938.9821.957.8726.21
Interest Expense2.352.683.013.062.434.004.488.050.00
Unusual Expense51.12122.4311.7713.279.341.146.648.953.79
Net Income Before Taxes-49.88-119.412.646.2930.7233.1912.93-9.6023.52
Income Taxes-5.01-0.058.383.238.928.352.94-0.038.14
Consolidated Net Income-44.87-119.36-5.753.0521.8124.849.99-9.5715.38
Net Income From Continuing Operations-44.87-119.36-5.753.0521.8124.849.99-9.5715.38
Net Income-44.87-119.36-5.753.0521.8124.849.99-9.5715.38
EPS (Recurring)-0.48-1.770.130.641.481.320.77-0.180.98
EPS (Basic, Before Extraordinaries)-2.37-6.28-0.300.161.151.300.53-0.520.85
EPS (Diluted)-2.38-6.28-0.300.161.141.280.53-0.520.84
EBITDA19.1323.4044.4752.1078.93117.91102.6187.2635.33
Non-Operating Income (Expense)3.233.753.132.580.50-0.652.10-0.471.10
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense8.399.6511.3312.2311.497.357.948.536.56
Price To Earnings Ratio---254.3621.8645.7879.24-53.50
Price To Sales Ratio0.580.390.691.071.272.301.771.672.30
Gross Margin53.2153.2653.8153.2254.2245.5153.1350.6356.48
Operating Margin0.100.493.304.177.817.884.891.717.33
Net Margin-12.03-30.07-1.330.634.055.032.23-2.074.30
Shares Outstanding18.5119.0118.8419.2519.0619.0619.0218.6418.32
Market Capitalization159.70159.70297.67515.80681.301,125.91794.59776.54816.40

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue86.11100.2385.45101.0694.30111.6689.88108.04
Cost of Goods Sold Incl. D&A38.1346.9942.1547.2041.4653.5343.3048.20
Gross Profit47.9853.2443.3053.8652.8458.1346.5859.84
Selling, General and Administrative Excl. Other46.1448.6848.9954.2054.8950.6848.7756.26
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1.844.56-5.68-0.35-2.057.45-2.193.58
Interest Expense0.510.390.800.650.680.680.670.72
Unusual Expense-0.542.0712.9536.65-0.110.4985.404.13
Net Income Before Taxes2.472.91-18.72-36.53-1.697.12-88.300.93
Income Taxes6.89-12.343.10-2.660.443.20-1.030.49
Consolidated Net Income-4.4215.25-21.82-33.88-2.133.91-87.270.43
Net Income From Continuing Operations-4.4215.25-21.82-33.88-2.133.91-87.270.43
Net Income-4.4215.25-21.82-33.88-2.133.91-87.270.43
EPS (Recurring)-0.250.86-0.67-0.43-0.120.22-1.460.18
EPS (Basic, Before Extraordinaries)-0.230.79-1.14-1.78-0.110.21-4.620.02
EPS (Diluted)-0.230.78-1.14-1.78-0.110.21-4.620.02
EBITDA6.398.97-0.594.362.9513.083.929.52
Non-Operating Income (Expense)0.600.800.711.110.940.83-0.042.19
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense2.042.292.151.922.663.151.952.48
Price To Sales Ratio0.580.430.280.390.500.460.410.69
Gross Margin55.7253.1250.6853.3056.0352.0651.8255.38
Operating Margin2.144.55-6.65-0.34-2.186.67-2.443.31
Net Margin-5.1315.22-25.54-33.52-2.253.50-97.100.40
Shares Outstanding18.5119.2819.1819.0118.9919.0818.9818.84
Market Capitalization159.70163.25108.54154.30202.28188.72175.38297.67

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments127.66104.67124.49123.32134.2890.6569.15140.30134.12
Short Term Receivables50.8555.4959.0073.3486.9784.6984.6167.3270.02
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets12.1218.269.3014.0718.6118.1917.9512.8018.94
Total Current Assets190.62178.42192.79210.73239.86193.54171.71220.42223.09
Net Property, Plant & Equipment41.8838.7559.1273.1893.2596.3399.0422.0025.25
Total Investments and Advances2.252.102.132.922.860.602.542.501.90
Intangible Assets139.11255.43281.89291.65307.73325.21341.2690.1276.90
Deferred Tax Assets1.800.800.700.801.501.601.00-3.50
Other Assets28.3628.3627.5329.1534.9326.9423.6218.4914.56
Total Assets404.03503.86564.17608.44680.13644.22639.16353.52345.20
Short Term Debt Incl. Current Port. of LT Debt42.3812.7614.1813.6312.9924.4721.580.000.00
Accounts Payable0.830.961.800.360.840.660.510.590.22
Income Tax Payable3.302.144.685.824.738.325.322.993.91
Other Current Liabilities193.55188.11219.42249.57293.77236.29241.52186.41190.92
Total Current Liabilities240.06203.97240.08269.39312.34269.75268.93189.99195.05
Long Term Debt29.5159.8172.67100.75140.04165.62188.230.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities5.888.718.6814.1321.3521.5322.880.970.50
Other Liabilities2.051.842.482.512.501.561.0210.978.46
Total Liabilities277.51274.32323.91386.78476.22458.45481.07201.92204.01
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity126.53229.54240.26221.66203.91185.77158.09151.60141.19
Total Shareholders Equity126.53229.54240.26221.66203.91185.77158.09151.60141.19
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity126.53229.54240.26221.66203.91185.77158.09151.60141.19
Total Liabilities & Stockholders Equity404.03503.86564.17608.44680.13644.22639.16353.52345.20
Book Value Per Share6.6512.1812.4811.6310.709.778.488.287.83
Tangible Book Value Per Share-0.66-1.37-2.16-3.67-5.45-7.33-9.823.363.56
Full-Time Employees1,4741,5711,7442,0331,7811,7981,7951,4321,392
Price to Book Ratio1.491.272.213.185.494.294.925.405.85
Return on Assets-26.29-1.080.523.383.751.56-1.934.404.45
Return on Equity-67.04-2.451.3210.2512.755.81-6.1810.5110.40
Return on Invested Capital-76.49-1.990.976.767.222.84-2.7610.1510.72
Quick Ratio0.790.870.800.780.770.720.641.161.14
Current Ratio0.790.870.800.780.770.720.641.161.14

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-44.87-119.36-5.753.0521.8124.849.99-9.5715.38
Depreciation18.7521.4530.1832.0736.9435.9340.6643.389.12
Other Funds (Non Cash)49.98131.2417.2616.4016.2112.0013.3713.948.41
Funds from Operations28.1129.4141.6446.0668.3072.5062.3443.8035.84
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital2.08-8.32-45.50-24.39-28.8834.07-14.584.612.58
Cash from Operating Activities30.2021.08-3.8621.6739.42106.5747.7548.4138.42
Capital Expenditures-25.84-2.99-3.40-5.50-5.66-10.74-8.90-11.89-5.05
Net Assets From Acquisitions0.000.000.000.000.000.000.00-237.68-9.25
Sale of Fixed Assets and Businesses0.000.006.000.000.000.000.000.00-
Purchase or Sale of Investments3.10-12.722.48-31.28-1.35-18.610.000.0054.38
Purchase of Investments-21.49-33.45-59.37-61.07-28.68-21.610.000.00-41.81
Sale Or Maturity of Investments24.5920.7361.8529.7927.333.000.000.0096.19
Other Uses0.000.00-0.060.000.000.000.000.000.00
Other Sources0.321.640.000.010.200.064.330.030.00
Cash from Investing Activities-22.42-14.075.02-36.76-6.81-29.30-4.57-249.5440.09
Cash Dividends Paid0.000.000.000.000.000.000.000.00-14.50
Change in Capital Stock-10.46-1.27-13.49-0.59-10.76-10.905.716.333.07
Repurchase of Common Pref Stock-11.43-2.54-15.92-4.08-15.11-20.070.000.00-9.95
Sale of Common Pref Stock0.971.262.433.494.359.165.716.3313.02
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-5.330.000.00-15.00-25.00-34.38-23.38128.170.00
Change in Long Term Debt-5.330.000.00-15.00-25.00-34.38-23.38128.170.00
Issuance of Long Term Debt20.670.000.000.000.000.000.00170.420.00
Reduction of Long Term Debt-26.000.000.00-15.00-25.00-34.38-23.38-42.250.00
Net Financing Active Other Cash Flow-1.22-1.29-2.60-2.68-3.11-3.37-6.02-5.06-2.53
Other Financing Activities Uses-1.22-1.29-2.60-2.68-3.11-3.37-6.02-5.06-2.53
Cash from Financing Activities-17.01-2.57-16.10-18.30-38.87-48.65-23.69129.44-13.95
Exchange Rate Effect-1.822.96-1.912.77-6.12-1.251.960.60-4.04
Net Change in Cash-11.067.40-16.86-30.61-12.3827.3821.46-71.1060.51
Free Cash Flow4.3618.09-7.2616.1833.7695.8338.8536.5233.37
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow49.938.53-31.9120.3111.8620.4221.1243.55
Deferred Taxes & Investment Tax Credit--3.93-0.06-5.46-6.65-0.28-1.68-3.962.93

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments117.61130.83145.47127.66131.95134.95
Short Term Receivables29.9836.1140.9050.8533.5940.24
Inventories0.000.000.000.000.000.00
Other Current Assets20.4238.0211.8312.1211.6621.32
Total Current Assets168.01204.96198.20190.62177.20196.52
Net Property, Plant & Equipment60.0760.9048.9041.8841.5943.28
Total Investments and Advances2.222.222.212.252.252.30
Intangible Assets121.43123.59125.77139.11168.02170.42
Deferred Tax Assets---1.80--
Other Assets22.9024.8533.9828.3625.1223.53
Total Assets374.63416.51409.07404.03414.18436.04
Short Term Debt Incl. Current Port. of LT Debt0.000.000.0042.387.506.62
Accounts Payable0.301.301.080.831.821.80
Income Tax Payable---3.30--
Other Current Liabilities178.87207.49236.81193.55172.78188.82
Total Current Liabilities179.17208.78237.89240.06182.10197.23
Long Term Debt74.3963.9962.3429.5166.7970.11
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities-20.13-5.88--
Other Liabilities11.921.972.792.057.619.15
Total Liabilities265.48294.87303.01277.51256.51276.50
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity109.15121.64106.05126.53157.67159.54
Total Shareholders Equity109.15121.64106.05126.53157.67159.54
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity109.15121.64106.05126.53157.67159.54
Total Liabilities & Stockholders Equity374.63416.51409.07404.03414.18436.04
Book Value Per Share5.906.315.536.658.308.36
Tangible Book Value Per Share-0.66-0.10-1.03-0.66-0.54-0.57
Full-Time Employees---1,474--
Price to Book Ratio1.491.520.850.981.271.27
Return on Assets-11.38-9.99-12.70-26.29-18.50-18.48
Return on Equity-33.63-30.28-42.54-67.04-43.39-44.74
Return on Invested Capital-2.418.22-12.96-21.71-0.951.70
Quick Ratio0.940.980.830.790.971.00
Current Ratio0.940.980.830.790.971.00

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income-4.4215.25-21.82-33.88-2.133.91
Depreciation4.544.415.094.715.005.63
Other Funds (Non Cash)2.883.9413.9729.209.994.35
Funds from Operations-6.6748.20-13.06-0.3610.9011.44
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital15.06-48.7638.64-2.85-9.71-15.07
Cash from Operating Activities8.38-0.5625.58-3.211.20-3.63
Capital Expenditures-6.53-12.04-6.20-1.06-0.67-0.60
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments7.930.28-7.822.70-0.20-6.15
Purchase of Investments-4.08-2.52-13.73-1.17-6.45-12.09
Sale Or Maturity of Investments12.012.805.913.876.255.95
Other Uses0.11-0.06-0.050.000.000.00
Other Sources0.310.000.000.00-0.080.47
Cash from Investing Activities1.82-11.81-14.071.64-0.96-6.28
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-9.86-0.960.49-0.13-1.76-0.04
Repurchase of Common Pref Stock-10.34-0.960.00-0.13-2.36-0.04
Sale of Common Pref Stock0.480.000.490.000.60-0.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-5.200.00-0.130.000.000.00
Change in Long Term Debt-5.200.00-0.130.000.000.00
Issuance of Long Term Debt-0.200.0020.870.000.000.00
Reduction of Long Term Debt-5.000.00-21.000.000.000.00
Net Financing Active Other Cash Flow-0.24-0.71-0.21-0.06-0.36-0.44
Other Financing Activities Uses-0.24-0.71-0.21-0.06-0.36-0.44
Cash from Financing Activities-15.30-1.660.15-0.20-2.12-0.48
Exchange Rate Effect-0.33-0.35-1.13-0.02-0.812.69
Net Change in Cash-5.42-14.3810.53-1.78-2.69-7.70
Free Cash Flow1.85-12.6019.38-4.280.52-4.23
Price to Free Cash Flow49.9353.959.478.5310.199.92

Revenue breakdown

Consulting Services2024: 97.25M 2025: 88.19M
Events2024: 18.48M 2025: 13.09M
Research2024: 316.74M 2025: 295.61M
Asia Pacific2024: 20.78M 2025: 21.77M
Canada2024: 12.22M 2025: 10.92M
Europe Excluding United Kingdom2024: 37.70M 2025: 37.03M
Other Country2024: 8.74M 2025: 7.25M
United Kingdom2024: 18.93M 2025: 15.75M
United States2024: 334.10M 2025: 304.17M
Consulting2024: 76.16M 2025: 66.23M
Events2024: 18.48M 2025: 13.09M
Research2024: 337.83M 2025: 317.57M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.55%0.5M11.3M111.71K
2026-10-154.97%0.6M11.3M113.01K
2026-09-304.82%0.5M11.3M123.30K
2026-09-155.33%0.6M11.3M147.25K
2026-08-315.71%0.6M11.3M137.32K
2026-08-145.37%0.6M11.5M140.60K
2026-07-315.13%0.6M11.4M128.68K
2026-07-155.55%0.6M11.7M121.30K
2026-06-305.84%0.7M11.7M112.44K
2026-06-159.35%1.1M11.7M89.19K
2026-05-2910.11%1.2M11.6M102.21K
2026-05-1511.40%1.3M11.6M121.14K
2026-04-3011.60%1.3M11.5M143.79K
2026-04-1511.69%1.3M11.5M142.43K
2026-03-3111.45%1.3M11.4M140.89K
2026-03-1310.58%1.2M11.4M134.68K
2026-02-2710.43%1.2M11.3M126.24K
2026-02-135.24%0.6M11.3M107.98K
2026-01-304.86%0.5M11.3M101.42K
2026-01-154.39%0.5M11.3M109.05K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call7.500.452.650.003.4500.000.000.731-0.0990.005
call10.000.001.850.003.8880.000.000.558-0.1210.006
call12.500.001.850.004.8990.000.000.496-0.1560.006
call15.000.001.850.005.7030.000.000.463-0.1810.006
call17.500.001.850.006.3210.000.000.442-0.1990.006
put7.500.001.250.053.7601000.00-0.271-0.0970.005
put10.000.002.150.002.7740.000.00-0.442-0.1200.006
put12.502.354.700.003.9950.000.00-0.504-0.1570.006
put15.004.807.200.004.7940.000.00-0.536-0.1810.006
put17.507.309.700.005.4030.000.00-0.557-0.1990.006

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-06S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-11-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-20144Filing for proposed sale of securities under Rule 144.SEC
2026-08-144Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-138-KCurrent report2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-0810-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-068-KCurrent report2026-05-06SEC
2026-04-294Statement of changes in beneficial ownership of securities2026-04-29SEC
2026-04-174Statement of changes in beneficial ownership of securities2026-04-15SEC
2026-04-024Statement of changes in beneficial ownership of securities2026-04-01SEC
2026-04-024Statement of changes in beneficial ownership of securities2026-04-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-0800198.86K3
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Portolan Capital Management, LLC8.37%
Nantahala Capital Management, LLC7.87%
Tieton Capital Management, LLC3.89%
FIRST MANHATTAN CO. LLC.3.86%
Pacific Ridge Capital Partners, LLC3.63%
ACADIAN ASSET MANAGEMENT LLC3.03%
VANGUARD CAPITAL MANAGEMENT LLC2.58%
Russell Investments Group, Ltd.2.24%
RENAISSANCE TECHNOLOGIES LLC2.15%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC1.89%

Funds

Fund% owned
Strategic Advisers U.S. Total Stock Fund3.80%
VANGUARD TOTAL STOCK MARKET INDEX FUND1.81%
Tax-Managed U.S. Mid & Small Cap Fund1.56%
Adara Smaller Companies Fund1.46%
VANGUARD EXTENDED MARKET INDEX FUND0.70%
Fidelity Small Cap Index Fund0.57%
Meridian Small Cap Growth Fund0.55%
Ultra-Small Company Fund0.48%
SmallCap Value Fund II0.35%
Schwab U.S. Small-Cap ETF0.30%

OakChart. FORR. Cached 15 minutes.