FORRESTER RESEARCH (FORR) Company Report

Autonomize AI announced the appointment of Jennifer Rouse as VP of Marketing and Gina Collins as Chief Regulatory Officer, strengthening its leadership team to support the scaling of its AI-native platform.
Jennifer Rouse brings over 20 years of B2B healthcare marketing leadership, with previous roles at AWS, IBM, Cisco, and Forrester Research.
Gina Collins contributes over 20 years of executive leadership in healthcare operations, regulatory compliance, and risk management, having served at the FDA and Cigna.
The company's AI-native platform is currently deployed at three of the five largest U.S. health plans, delivering tens of millions of dollars in annual general and administrative savings for clients.
Autonomize AI's growth is fueled by a $28 million Series A funding round led by Valtruis and The Cigna Group Ventures.

2 days ago

Press Release

Forrester Research Reports Q4 and Full Year 2025 Results, Announces Restructuring and 2026 Guidance

FORR

Earnings

Layoffs

Guidance Update

Forrester Research reported a 6% decline in Q4 2025 revenue to $101.1 million and an 8% decline in full-year 2025 revenue to $396.9 million, with Q4 adjusted EPS at $0.17 and full-year adjusted EPS at $1.16.
The company announced a restructuring affecting 8% of its employees and is exiting the strategy consulting business, which experienced a greater than 50% decline in bookings in 2025.
For 2026, Forrester expects revenue between $345 million and $360 million (a 9%-13% decline from 2025) and adjusted EPS in the range of $0.72 to $0.82.
Despite overall declines, the new AI Access product generated over $5 million in bookings in 2025, and client count increased in Q4 2025 for the first time since Q4 2021, with the company aiming to return to contract value (CV) growth in 2026.

Feb 12, 2026, 9:30 PM

Transcript

Forrester Research Reports Q4 and Full-Year 2025 Results, Announces Restructuring and 2026 Guidance

FORR

Earnings

Guidance Update

Layoffs

Forrester Research reported a 6% decline in Q4 2025 revenue to $101.1 million and an 8% decline in full-year 2025 revenue to $396.9 million, with full-year adjusted EPS at $1.16.
The company announced a restructuring on February 9th, affecting 8% of employees, and is exiting the strategy consulting business while changing its events format to align costs with revenue and focus on expanding research contract value.
The new AI Access product, launched in September 2025, generated over $5 million in bookings for 2025, and in Q4, unique users of Forrester AI were up 55% year-over-year, with the number of prompts up 65% year-over-year.
For 2026, Forrester expects revenue between $345 million and $360 million (a decline of 9%-13% versus 2025) and adjusted EPS between $0.72 and $0.82, with operating margins projected at 6%-6.5%.

Feb 12, 2026, 9:30 PM

Transcript

Forrester Research Reports Q4 and Full Year 2025 Declines, Announces Restructuring and 2026 Guidance

FORR

Earnings

Guidance Update

Demand Weakening

Forrester Research reported a 7% year-over-year revenue decline to $101.1 million in Q4 2025 and an 8% decline to $396.9 million for the full year, with net income and EPS also decreasing significantly.
The company provided 2026 guidance, forecasting revenue between $345 million and $360 million (down 9%-13% year-over-year) and EPS in the range of $0.72 to $0.82, while anticipating a return to contract value (CV) growth by year-end.
A restructuring effort, announced on February 9th, includes exiting the strategy consulting business, changing its events format, and an 8% workforce reduction, incurring $13.5 million - $14 million in costs.
Despite overall declines, the company noted positive trends in Q4 2025, including an increase in client count (first since Q4 2021) and improved wallet retention to 87%, partly attributed to the new AI Access product which secured over $5 million in bookings.

Feb 12, 2026, 9:30 PM

Transcript

Forrester Research Reports Q4 and Full-Year 2025 Financial Results

FORR

Earnings

Guidance Update

Layoffs

Forrester Research reported Q4 2025 total revenues of $101.1 million, a decrease from $108.0 million in Q4 2024, and a GAAP net loss of $33.9 million ($1.78 per diluted share) compared to a net income of $0.4 million ($0.02 per diluted share) in the prior year, primarily due to a $26.8 million goodwill impairment charge.
For the full year 2025, total revenues were $396.9 million, down from $432.5 million in 2024, resulting in a GAAP net loss of $119.4 million ($6.28 per diluted share) which included $110.7 million in non-cash goodwill impairment charges.
On an adjusted basis, Q4 2025 net income was $3.2 million ($0.17 per diluted share) and full-year 2025 net income was $22.2 million ($1.16 per diluted share).
Contract value (CV) decreased by 6% year-over-year to $292.4 million as of December 31, 2025.
The company announced a restructuring to improve cost efficiency and focus on CV growth, and provided full-year 2026 guidance projecting total revenues of $345.0 million to $360.0 million and adjusted diluted earnings per share of $0.72 to $0.82.

Feb 12, 2026, 9:05 PM

8-K

Forrester Research Reports Q4 and Full-Year 2025 Financial Results, Provides 2026 Guidance

FORR

Earnings

Guidance Update

Demand Weakening

Forrester Research reported a GAAP net loss of $33.9 million or $1.78 per diluted share for the fourth quarter of 2025, and a GAAP net loss of $119.4 million or $6.28 per diluted share for the full year 2025, largely due to goodwill impairment charges of $26.8 million in Q4 and $110.7 million for the full year.
Total revenues for Q4 2025 were $101.1 million and $396.9 million for the full year 2025, representing declines from the comparable 2024 periods. Contract value (CV) also decreased by 6% to $292.4 million for 2025.
The company provided full-year 2026 guidance, projecting total revenues between $345.0 million and $360.0 million (a 13% to 9% decline year-over-year) and adjusted diluted earnings per share of $0.72 to $0.82. A restructuring was announced to improve cost efficiency and focus on CV growth.

Feb 12, 2026, 9:05 PM

Press Release

Navan Announces Third Quarter Fiscal Year 2026 Results and CFO Transition

FORR

Earnings

Guidance Update

CFO Change

Navan reported third quarter fiscal year 2026 revenue of $195 million, representing a 29% year-over-year increase.
For Q3 FY2026, the company achieved non-GAAP income from operations of $25 million, with a 13% non-GAAP operating margin.
Gross Booking Volume (GBV) grew 40% year-over-year to $2.6 billion, and Payment Volume increased 12% year-over-year to $1.1 billion in the quarter ended October 31, 2025.
Navan provided Q4 FY2026 revenue guidance in the range of $161 - $163 million and non-GAAP loss from operations guidance between ($15.5) - ($14.5) million.
Amy Butte will depart as Chief Financial Officer, effective January 9, 2026, with Anne Giviskos appointed as Interim CFO.

Dec 15, 2025, 9:05 PM

Press Release

Perk (formerly TravelPerk) Rebrands and Launches AI-Native Platform

FORR

Product Launch

Revenue Acceleration/Inflection

New Projects/Investments

Perk (formerly TravelPerk) has rebranded and launched a new AI-native platform that unites travel and spend management to eliminate 'shadow work'.
The company has surpassed $300 million in annualized revenue and is expanding globally with dual headquarters in Boston and London.
New research commissioned by Perk reveals that 'shadow work' costs businesses $1.7 trillion annually, with Perk's platform automating two-thirds (67%) of these non-core tasks.

Nov 4, 2025, 7:00 AM

Press Release

Forrester Research Reports Q3 2025 Results, Launches AI Access Product, and Updates Full-Year Guidance

FORR

Earnings

Product Launch

Guidance Update

Forrester Research reported Q3 2025 total revenue of $94.3 million, an 8% decrease from the prior year, with research revenue declining 6% to $72.7 million and consulting revenue down 8% to $21.5 million. Despite this, operating income increased 21% to $9.9 million and EPS rose 28% to $0.37.
The company launched its new AI Access product on September 9th, which has already secured one of the largest research deals in Forrester's history with a large government agency and is generating significant sales pipeline interest.
Forrester lowered its full-year 2025 revenue guidance to $395 million to $405 million (a 6% to 9% decline versus 2024) and EPS guidance to $1.15 to $1.25, attributing the adjustment to continued headwinds in the consulting and events businesses.
The company repurchased approximately $2.4 million worth of shares in Q3 2025 and maintains a strong balance sheet with approximately $132 million in cash and $35 million in debt.

Oct 30, 2025, 8:30 PM

Transcript

Forrester Research Reports Q3 2025 Financial Results and Full-Year Guidance

FORR

Earnings

Guidance Update

Product Launch

Forrester Research, Inc. reported total revenues of $94.3 million for the third quarter ended September 30, 2025, compared with $102.5 million for the comparable quarter in 2024.
The company's contract value was $288.1 million, representing a 7% decrease compared with the prior year.
For Q3 2025, GAAP net loss was $2.1 million, or $0.11 per diluted share, while adjusted net income was $7.2 million, or $0.37 per diluted share.
Forrester provided full-year 2025 GAAP revenue guidance of approximately $395.0 million to $405.0 million and adjusted diluted earnings per share guidance of approximately $1.15 to $1.25.
The company recently launched Forrester AI Access, a new self-service offering that leverages generative AI capabilities.