Forrester Research reported second-quarter 2026 results with revenue of $100.2M, down from $111.7M a year earlier, while net income rose to $15.3M and diluted EPS increased to $0.78.
Financial Highlights
- Revenue was $100.2M for Q2 2026, compared with $111.7M in the year-ago quarter (−10% YoY).
- Net income was $15.3M for Q2 2026, compared with $3.9M in the year-ago quarter (+$11.4M YoY).
- Diluted earnings per share was $0.78 for Q2 2026, compared with $0.20 in the year-ago quarter (+$0.58 YoY).
Business Highlights
- Research-led revenues declined roughly 5–8% year over year, contributing to an overall revenue decline of about 8–10% versus the prior year.
- Consulting was scaled back, with strategy consulting discontinued and consulting revenue expected to decline roughly 20% in 2026.
- Contract value fell about 3%; wallet retention improved to 89% and client retention rose to 77%.
- Events revenue decreased approximately 17–18% as the company reformatted events to smaller regional venues to cut costs.
- Operational actions included workforce reductions of about 8% in February 2026 and a headquarters renovation that will drive material capex and timing of tenant allowances.
Original SEC Filing:
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