FORRESTER RESEARCH, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $77.0m $79.8m $140.3m $67.9m $90.3m $115.8m $103.6m $72.9m $56.1m $63.3m
Prepaid Expense and Other Assets, Current $14.5m $18.9m $12.8m $19.2m $18.6m $18.6m $14.1m $9.3m $18.3m $12.1m
Assets, Current $223.4m $236.8m $236.1m $192.0m $217.2m $269.5m $235.3m $216.0m $201.4m $212.7m
Property, Plant and Equipment, Net $23.9m $25.2m $22.0m $29.9m $27.0m $28.2m $23.2m $19.4m $11.7m $11.2m
Goodwill $73.2m $76.2m $85.2m $243.9m $247.2m $245.0m $242.1m $244.3m $228.0m $120.4m
Operating Lease, Right-of-Use Asset $69.1m $69.3m $65.0m $50.0m $39.7m $27.0m $30.7m
Other Assets, Noncurrent $13.8m $6.2m $5.3m $6.8m $5.5m $9.7m $8.3m $7.2m $8.3m $10.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $58.8m $70.0m $67.3m $84.6m $84.7m $87.0m $73.3m $59.0m $55.5m $50.9m
Accrued Liabilities, Current $41.4m $49.6m $54.1m $79.9m $76.6m $97.8m $91.0m $81.5m $57.6m $62.4m
Assets $335.8m $345.2m $353.5m $639.2m $644.2m $680.1m $608.4m $564.2m $503.9m $404.0m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $12.2m $12.0m $13.0m $13.6m $14.2m $12.8m $7.4m
Accounts Payable, Current $1.8m $217k $588k $505k $657k $840k $361k $1.8m $965k $832k
Operating Lease, Liability, Noncurrent $67.1m $70.3m $65.0m $50.8m $37.7m $24.8m $29.5m
Deferred Revenue, Current $134.3m $145.2m $135.3m $179.2m $180.0m $213.7m $178.0m $156.8m $145.4m $141.8m
Long-term Debt, Current Maturities $9.4m $12.5m $0 $0 $35.0m
Long-term Debt, Excluding Current Maturities $121.2m $95.3m $75.0m $50.0m $35.0m $35.0m $0
Liabilities, Current $177.5m $195.1m $190.0m $268.9m $269.7m $312.3m $269.4m $240.1m $204.0m $240.1m
Other Liabilities, Noncurrent $23.9m $23.1m $23.8m $16.6m $11.2m $10.5m $7.9m
Deferred Tax Liabilities, Net $21.5m $21.3m $14.1m $8.7m $8.7m $5.9m
Liabilities $185.7m $204.0m $201.9m $481.1m $458.5m $476.2m $386.8m $323.9m $274.3m $277.5m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $217k $224k $230k $233k $236k $241k $244k $247k $251k $255k
Retained Earnings (Accumulated Deficit) $121.8m $123.0m $127.7m $118.1m $128.0m $152.8m $174.6m $177.7m $171.9m $52.6m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($7.6m) ($2.0m) ($5.2m) ($4.9m) ($690k) ($3.2m) ($7.9m) ($4.6m) ($7.7m) ($1.1m)
Additional Paid in Capital, Common Stock $157.6m $181.9m $200.7m $216.5m $230.1m $246.0m $261.8m $278.1m $292.2m $304.4m
Stockholders' Equity Attributable to Parent $150.0m $141.2m $151.6m $158.1m $185.8m $203.9m $221.7m $240.3m $229.5m $126.5m
Liabilities and Equity $335.8m $345.2m $353.5m $639.2m $644.2m $680.1m $608.4m $564.2m $503.9m $404.0m