The earnings call reflects a mixed sentiment with notable achievements in cash flow, multi-year contracts, and AI leadership, yet significant challenges with revenue decline, government sector issues, and an impairment charge. The prolonged sales cycles also indicate ongoing external pressures.
Company Guidance
During Forrester's first quarter 2025 earnings call, several key metrics and guidance were discussed. Despite challenges, the company reported positive free cash flow of $26.1 million and an operating margin that exceeded consensus, although total revenue decreased by 10% to $89.9 million. Forrester's contract value (CV) declined by 7%, with expectations for it to be flat or slightly down for the year. The company maintained guidance for 2025, projecting revenue between $400 million and $415 million, or a decline of 4% to 8% from 2024, and operating margins between 8% and 9%. Earnings per share (EPS) for the full year are expected to range from $1.20 to $1.35. The company highlighted ongoing economic volatility and government efficiency efforts as factors impacting performance, especially in the government sector, which constitutes less than 6% of total contract value. Despite these challenges, the sales pipeline has increased by 33% on a per-account executive basis, and the company is focusing on optimizing its go-to-market strategies and expanding its research capabilities, particularly in AI and cybersecurity.
Healthy Cash Flow and Earnings Exceed Consensus
Forrester reported a positive free cash flow of $26.1 million and earnings per share exceeded consensus estimates despite the challenging environment.
Strong Retention in Multi-Year Contracts
The company achieved an all-time high of 73% in Contract Value (CV) for multi-year contracts in Q1.
AI Leadership and Product Expansion
Forrester continues to expand in AI, with Izola providing vendor search capabilities and incorporating consumer and technographics data.
Forrester Research (FORR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FORR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 06, 2025
$9.72
$10.16
+4.53%
Feb 11, 2025
$15.10
$13.27
-12.12%
Nov 05, 2024
$14.96
$16.00
+6.95%
Jul 30, 2024
$19.40
$20.19
+4.07%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forrester Research (FORR) report earnings?
Forrester Research (FORR) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Forrester Research (FORR) earnings time?
Forrester Research (FORR) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.