Forrester Research
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Forrester Research's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $480,779,000. Profit margin reached 1%. Total operating expenses were $257,573,000.
Profit Margin
| 2014 | 312.06M | 10.86M | 3.48% |
|---|---|---|---|
| 2015 | 313.72M | 11.99M | 3.82% |
| 2016 | 326.09M | 17.65M | 5.41% |
| 2017 | 337.67M | 15.14M | 4.48% |
| 2018 | 357.57M | 15.38M | 4.3% |
| 2019 | 461.69M | -9.57M | -2.07% |
| 2020 | 448.98M | 9.99M | 2.23% |
| 2021 | 494.31M | 24.84M | 5.03% |
| 2022 | 537.78M | 21.80M | 4.05% |
| 2023 | 480.77M | 3.05M | 0.63% |
FORR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 480.77M | 537.78M | 494.31M | 448.98M | 461.69M | 357.57M | 337.67M | 326.09M | 313.72M | 312.06M |
Cost of revenue | 216.44M | 223.77M | 201.81M | 180.89M | 196.72M | 146.50M | 136.87M | 128.17M | 126.26M | 126.19M |
Gross profit | 264.33M | 314.01M | 292.5M | 268.08M | 264.97M | 211.07M | 200.80M | 197.92M | 187.46M | 185.86M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200K | 0 |
Selling and marketing | 167.35M | 181.94M | 170.94M | 166.2M | 172.86M | 131.82M | 123.91M | 116.89M | 116.08M | 115.75M |
Total operating expenses | 257.57M | 272.02M | 253.52M | 246.13M | 257.09M | 184.86M | 173.25M | 166.12M | 164.20M | 165.83M |
Operating income | 6.76M | 32.65M | 38.64M | 21.58M | 7.35M | 22.42M | 27.54M | 30.77M | 18.82M | 18.21M |
Other income (expenses), net | -481K | -1.93M | -5.45M | -3.24M | -16.95M | -2.68M | -178K | -1.09M | 493K | 176K |
Income before tax | 6.28M | 30.72M | 33.19M | 12.93M | -9.59M | 23.52M | 27.37M | 30.70M | 19.32M | 18.38M |
Income tax expense | 3.23M | 8.91M | 8.34M | 2.94M | -29K | 8.14M | 12.23M | 13.05M | 7.32M | 7.52M |
Net income | 3.05M | 21.80M | 24.84M | 9.99M | -9.57M | 15.38M | 15.14M | 17.65M | 11.99M | 10.86M |
Earnings per share | ||||||||||
Basic EPS | 0.16 | 1.15 | 1.3 | 0.53 | -0.52 | 0.85 | 0.84 | 0.98 | 0.67 | 0.58 |
Diluted EPS | 0.16 | 1.14 | 1.28 | 0.53 | -0.52 | 0.84 | 0.83 | 0.97 | 0.66 | 0.57 |
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