--- title: "Forrester Research | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 100.23 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294408193.md" datetime: "2026-07-30T20:04:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294408193.md) - [en](https://longbridge.com/en/news/294408193.md) - [zh-HK](https://longbridge.com/zh-HK/news/294408193.md) --- # Forrester Research | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 100.23 M Revenue: As of FY2026 Q2, the actual value is USD 100.23 M, beating the estimate of USD 96.91 M. EPS: As of FY2026 Q2, the actual value is USD 0.78, beating the estimate of USD 0.11. EBIT: As of FY2026 Q2, the actual value is USD 3.784 M. Forrester Research, Inc. reported its financial results for the second quarter and six months ended June 30, 2026, maintaining its full-year 2026 guidance. The company utilizes adjusted financial results, excluding items such as amortization of intangibles, gains and losses from investments, credit loss expense, goodwill impairment charges, stock-based compensation expense, and restructuring costs, for consistent quarter-over-quarter and year-over-year comparisons . #### Second-Quarter Consolidated Results (Three Months Ended June 30) - **Total Revenues**: Total revenues for Q2 2026 were $100.2 million, a decrease from $111.7 million in Q2 2025 . - **Research Revenue**: $71,708 thousand in Q2 2026, down from $77,926 thousand in Q2 2025 . - **Consulting Revenue**: $20,042 thousand in Q2 2026, down from $23,493 thousand in Q2 2025 . - **Events Revenue**: $8,483 thousand in Q2 2026, down from $10,240 thousand in Q2 2025 . - **Net Income (GAAP)**: Net income was $15.3 million in Q2 2026, significantly up from $3.9 million in Q2 2025 . - **Adjusted Net Income**: Adjusted net income was $7.7 million in Q2 2026, compared to $9.8 million in Q2 2025 . - **Income (Loss) from Operations (GAAP)**: Income from operations was $3,398 thousand in Q2 2026, down from $6,956 thousand in Q2 2025 . - **Adjusted Income from Operations**: Adjusted income from operations was $10,439 thousand in Q2 2026, compared to $13,650 thousand in Q2 2025 . - **Operating Expenses**: - Cost of services and fulfillment: $43,717 thousand in Q2 2026, down from $49,654 thousand in Q2 2025 . - Selling and marketing: $34,668 thousand in Q2 2026, down from $37,314 thousand in Q2 2025 . - General and administrative: $13,109 thousand in Q2 2026, down from $13,368 thousand in Q2 2025 . - Depreciation: $1,194 thousand in Q2 2026, down from $1,659 thousand in Q2 2025 . - Amortization of intangible assets: $2,081 thousand in Q2 2026, down from $2,217 thousand in Q2 2025 . - Restructuring costs: $2,066 thousand in Q2 2026, up from $491 thousand in Q2 2025 . #### Six-Months Ended Consolidated Results (June 30) - **Total Revenues**: Total revenues for the six months ended June 30, 2026, were $185,687 thousand, down from $201,535 thousand in the same period of 2025 . - **Research Revenue**: $138,598 thousand in 2026, down from $146,340 thousand in 2025 . - **Consulting Revenue**: $38,624 thousand in 2026, down from $44,929 thousand in 2025 . - **Events Revenue**: $8,465 thousand in 2026, down from $10,266 thousand in 2025 . - **Net Loss (GAAP)**: Net loss was - $6,572 thousand in 2026, significantly improved from - $83,359 thousand in 2025 . - **Adjusted Net Income**: Adjusted net income was $7,014 thousand in 2026, compared to $11,802 thousand in 2025 . - **Loss from Operations (GAAP)**: Loss from operations was - $15,232 thousand in 2026, improved from - $80,635 thousand in 2025 . - **Adjusted Income from Operations**: Adjusted income from operations was $9,555 thousand in 2026, compared to $16,150 thousand in 2025 . #### Balance Sheet Data (as of June 30) - **Cash, Cash Equivalents, and Marketable Investments**: $130,832 thousand in 2026, up from $127,656 thousand as of December 31, 2025 . - **Accounts Receivable, Net**: $36,108 thousand in 2026, down from $50,850 thousand as of December 31, 2025 . - **Deferred Revenue**: $147,328 thousand in 2026, up from $141,812 thousand as of December 31, 2025 . - **Debt Outstanding**: $35,000 thousand in 2026, consistent with $35,000 thousand as of December 31, 2025 . #### Cash Flow Data (Six Months Ended June 30) - **Net Cash Provided by Operating Activities**: $25,023 thousand in 2026, up from $23,096 thousand in 2025 . - **Purchases of Property and Equipment**: - $18,238 thousand in 2026, significantly higher than - $1,250 thousand in 2025 . - **Repurchases of Common Stock**: - $956 thousand in 2026, up from - $44 thousand in 2025 . #### Key Operational Metrics (as of June 30) - **Contract Value**: $283,200 thousand in 2026, down from $292,800 thousand in 2025 . - **Client Retention**: 77% in 2026, up from 74% in 2025 . - **Wallet Retention**: 89% in 2026, up from 85% in 2025 . - **Number of Clients**: 1,770 in 2026, down from 1,805 in 2025 . - **Total Headcount**: 1,361 in 2026, down from 1,465 in 2025 . - **Sales Force Headcount**: 511 in 2026, down from 540 in 2025 . #### Outlook / Guidance for Full-Year 2026 Forrester Research, Inc. is maintaining its guidance for 2026, projecting total revenues of approximately $350.0 million to $360.0 million, representing a decline of 11.8% to 9.3% versus the prior year . The company anticipates a GAAP operating margin of approximately -3.5% to -3.0% and an adjusted operating margin of approximately 6.0% to 6.5% . They also project a GAAP diluted loss per share of approximately - $0.84 to - $0.74 and an adjusted diluted earnings per share of approximately $0.72 to $0.82 . ### Related Stocks - [FORR.US](https://longbridge.com/en/quote/FORR.US.md) ## Related News & Research - [Forrester Research Q2 Earnings Call Highlights](https://longbridge.com/en/news/294425722.md) - [Forrester Q2 revenue falls, restarts stock buyback program](https://longbridge.com/en/news/294410736.md) - [SRX Global amends 8-K to correct CFO Carolina Martinez misidentified as CEO](https://longbridge.com/en/news/294232884.md) - [Employers Holdings amends 8-K to add Stephanie Bush to two board committees](https://longbridge.com/en/news/294552515.md) - [Verisk Analytics announces Q3 2026 distribution of R$ 0.02 per unit, payable Oct. 6](https://longbridge.com/en/news/294410180.md)