Earnings Releases·Oct 29, 2026, 4:05 PM ET

Forrester Research — Q3 2026 Earnings Summary

Total revenue declined 8.7% year-over-year to $86.1 million, with contract value down 3.5% to $281.9 million, while adjusted net income fell to $4.7 million ($0.24/share) from $7.2 million in the prior year period.
Full-year 2026 GAAP revenue guidance was set at $350.0–$360.0 million (a 9.3%–11.8% decline), though management raised the low end of the adjusted EPS guidance to $0.77–$0.82.
Strategic initiatives included $11.3 million in stock repurchases over nine months, debt reduction of $5.0 million, and new AI product launches including AI Access Plus and a Claude integration.
Operational metrics showed improved client retention (78%) and wallet retention (89%) despite a headcount reduction to 1,337, with management citing stabilization and AI-driven improvements for the remainder of 2026 and 2027.