Forrester Research, Inc. 8-K Summary
Business Context and Reporting Period
Forrester Research, Inc. (Nasdaq: FORR) filed a Current Report on Form 8-K on October 30, 2025. The filing announces financial results for the quarter ended September 30, 2025, pursuant to Item 2.02. The company operates as a research and advisory firm, providing insights to business leaders.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity for the quarter ended September 30, 2025. The document serves as a notice of the press release (Exhibit 99.1) containing these figures rather than detailing the metrics directly.
The company utilizes "adjusted financial results" to manage its business and set compensation targets. Adjustments exclude the following items and their related tax effects:
- Amortization of acquisition-related intangible assets.
- Gains and losses from investments in non-marketable securities.
- Loss on sale of a divested operation and related external costs (Q3 2024).
- Credit loss expense on a promissory note from a 2024 divestiture.
- Goodwill impairment charge of $83.9 million incurred in Q1 2025.
- Stock-based compensation expense.
- Restructuring costs, including reductions in force and office space asset impairments.
Material Changes and Unusual Items
The filing highlights specific non-GAAP adjustments to ensure consistent quarter-over-quarter and year-over-year comparisons. Notable historical items excluded from adjusted results include a $83.9 million goodwill impairment in the first quarter of 2025 and restructuring costs associated with workforce reductions and office space optimization. The text does not explicitly state the magnitude of changes in GAAP metrics versus the prior period.
Guidance, Outlook, and Risks
The filing does not contain specific forward-looking guidance, updated outlook figures, or detailed management commentary regarding future performance. It notes that adjusted measures should be considered in addition to, not as a substitute for, GAAP measures. No specific new risks or contingencies are detailed in the text of this 8-K beyond the standard disclosure regarding the use of non-GAAP financial measures.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99.1) for specific revenue, earnings per share, and cash flow figures for Q3 2025.
- Verify the reconciliation between GAAP and adjusted financial results to understand the impact of the $83.9 million goodwill impairment and other exclusions.
- Confirm the status of restructuring initiatives and their impact on future operating expenses.
- Check for any updated full-year guidance provided in the accompanying press release.