Filing Flows › Forrester Research (FORR) › Q3 2026 › vs Q2 2026
Forrester Research (FORR) Q3 2026 vs Q2 2026 (quarter over quarter)
Forrester Research's revenue fell $14.1M (-14%) from $100M in Q2 2026 to $86.1M in Q3 2026. The biggest changes: Events Revenue −$7.3M (-86%); Consulting Services Revenue −$5.3M (-26%); Research Services −$1.6M (-2%).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.2% | -12.6% | +14.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Research Services | $70.1M | $71.7M | −$1.6M | -2% |
| Consulting Services Revenue | $14.7M | $20.0M | −$5.3M | -26% |
| Events Revenue | $1.2M | $8.5M | −$7.3M | -86% |
| Revenue | $86.1M | $100M | −$14.1M | -14% |
| Net loss | $4.4M | −$15.3M | $19.7M | — |
| Costs & expenses | $90.6M | $113M | −$22.0M | -20% |
| Operating costs | $83.7M | $96.8M | −$13.1M | -14% |
| Income tax | $6.9M | −$12.3M | $19.2M | — |
| Cost of revenue | $34.5M | $43.7M | −$9.2M | -21% |
| SG&A | $48.7M | $50.4M | −$1.7M | -3% |
| Other operating costs | $564K | $2.7M | −$2.1M | -79% |
| Operating cash sources | $12.8M | −$15.8M | $28.6M | — |
| Depreciation & amortization | $3.6M | $3.3M | $363K | +11% |
| Share-based compensation | $2.6M | $2.9M | −$311K | -11% |
| Working capital & other | $6.6M | −$22.0M | $28.6M | — |
| Net loss absorbed | $4.4M | −$15.3M | $19.7M | — |
| Operating cash flow | $8.4M | −$555K | $8.9M | — |
| Free cash flow (OCF − capex) | $1.9M | −$12.6M | $14.4M | — |
| Capital expenditures | $6.5M | $12.0M | −$5.5M | -46% |
Questions
How much did Forrester Research's revenue grow quarter over quarter in Q3 2026?
Forrester Research's revenue fell $14.1M (-14%) from $100M in Q2 2026 to $86.1M in Q3 2026.
What drove Forrester Research's revenue change in Q3 2026?
Events Revenue −$7.3M (-86%); Consulting Services Revenue −$5.3M (-26%); Research Services −$1.6M (-2%).