Filing Flows › Forrester Research (FORR) › Guidance history
Forrester Research (FORR) guidance history: what it guided and what it reported
Forrester Research gave guidance in 13 earnings releases on file since Feb 8, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average -0.1% against the guided midpoint. Its releases raised guidance twice and lowered it twice.
Revenue
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $345M–$360M (Feb 12, 2026) → raised $350M–$360M (May 6, 2026) → reaffirmed $350M–$360M (Jul 30, 2026) → reaffirmed $350M–$360M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $400M–$415M (Feb 11, 2025) → reaffirmed $400M–$415M (May 6, 2025) → lowered $400M–$410M (Jul 31, 2025) → lowered $395M–$405M (Oct 30, 2025) | $397M | within the range | -0.8% |
| FY2024 | $430M–$450M (Feb 8, 2024) → reaffirmed $430M–$450M (Apr 30, 2024) → lowered $425M–$435M (Jul 30, 2024) → reaffirmed $425M–$435M (Nov 5, 2024) | $432M | within the range | +0.6% |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 6.0%–6.5% (Feb 12, 2026) → reaffirmed 6.0%–6.5% (May 6, 2026) → reaffirmed 6.0%–6.5% (Jul 30, 2026) → reaffirmed 6.0%–6.5% (Oct 29, 2026) | — | to be reported | — |
| FY2025 | 8.0%–9.0% (Feb 11, 2025) → reaffirmed 8.0%–9.0% (May 6, 2025) → reaffirmed 8.0%–9.0% (Jul 31, 2025) → lowered 7.5%–8.5% (Oct 30, 2025) | — | — | — |
| FY2024 | 9.5%–10.5% (Feb 8, 2024) → reaffirmed 9.5%–10.5% (Apr 30, 2024) → lowered 8.5%–9.5% (Jul 30, 2024) → reaffirmed 8.5%–9.5% (Nov 5, 2024) | — | — | — |
Tax rate
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 10.0% (Nov 6, 2026) | — | to be reported | — |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 29.0% (Feb 12, 2026) → reaffirmed 29.0% (May 6, 2026) → reaffirmed 29.0% (Jul 30, 2026) → reaffirmed 29.0% (Oct 29, 2026) | — | to be reported | — |
| FY2025 | 29.0% (Feb 11, 2025) → reaffirmed 29.0% (May 6, 2025) → reaffirmed 29.0% (Jul 31, 2025) → reaffirmed 29.0% (Oct 30, 2025) | — | — | — |
| FY2024 | 29.0% (Feb 8, 2024) → reaffirmed 29.0% (Apr 30, 2024) → reaffirmed 29.0% (Jul 30, 2024) → reaffirmed 29.0% (Nov 5, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.3M (Feb 12, 2026) → reaffirmed $2.3M (May 6, 2026) → reaffirmed $2.3M (Jul 30, 2026) → lowered $2.2M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $2.7M (Feb 11, 2025) → reaffirmed $2.7M (May 6, 2025) → reaffirmed $2.7M (Jul 31, 2025) → reaffirmed $2.7M (Oct 30, 2025) | — | — | — |
| FY2024 | $3.0M (Feb 8, 2024) → reaffirmed $3.0M (Apr 30, 2024) → reaffirmed $3.0M (Jul 30, 2024) → reaffirmed $3.0M (Nov 5, 2024) | — | — | — |
Stock-based compensation
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $11.0M–$12.0M (Feb 12, 2026) → lowered $10.0M–$11.0M (May 6, 2026) → reaffirmed $10.0M–$11.0M (Jul 30, 2026) | — | to be reported | — |
| FY2025 | $14.5M–$15.5M (Feb 11, 2025) → lowered $13.5M–$14.5M (May 6, 2025) → lowered $12.0M–$13.0M (Jul 31, 2025) → reaffirmed $12.0M–$13.0M (Oct 30, 2025) | — | — | — |
| FY2024 | $13.8M–$14.8M (Feb 8, 2024) → raised $14.5M–$15.0M (Apr 30, 2024) → reaffirmed $14.5M–$15.0M (Jul 30, 2024) → lowered $14.2M–$14.7M (Nov 5, 2024) | — | — | — |
The latest quarter
Forrester Research, Q3 2026: revenue $86.1M (-9% year over year), operating margin 2.8%, net loss $4.4M, operating cash flow $8.4M. The chart follows the revenue to costs, profit and cash.
Questions
Does Forrester Research beat its guidance?
Forrester Research gave guidance in 13 earnings releases on file since Feb 8, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average -0.1% against the guided midpoint.
How often does Forrester Research raise guidance?
Its earnings releases raised guidance twice and lowered it twice since Feb 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.