Forrester Research Q3 revenue, adjusted EPS fall
FORR•Forrester Research reported Q3 revenue of $86.11 million and adjusted EPS of $0.24, both down year over year but above analyst estimates. It forecast 2026 revenue of $350 million to $360 million and adjusted diluted EPS of $0.77 to $0.82.
1. Quarterly results
Q3 revenue fell year over year to $86.11 million, above the $81.76 million consensus estimate. Adjusted EPS declined to $0.24 from $0.37 a year earlier, topping the $0.21 estimate. Contract value dropped 3.5% year over year.
2. 2026 outlook
Forrester expects 2026 revenue of $350 million to $360 million, down 11.8% to 9.3% year over year, and adjusted diluted EPS of $0.77 to $0.82. The company raised the low end of its EPS guidance.
3. Products and expenses
The company introduced AI-focused products, including AI Access Plus, Team Solutions and a Claude integration. Its CEO cited prudent expense management as a factor supporting results.
