FORRESTER RESEARCH, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $63.3M | $56.1M | $72.9M | $103.6M | $115.8M | $90.3M | $67.9M | $140.3M |
| Accounts Receivable | $50.9M | $55.5M | $59.0M | $73.3M | $87.0M | $84.7M | $84.6M | $67.3M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $212.7M | $201.4M | $216.0M | $235.3M | $269.5M | $217.2M | $192.0M | $236.1M |
| Property, Plant & Equipment | $11.2M | $11.7M | $19.4M | $23.2M | $28.2M | $27.0M | $29.9M | $22.0M |
| Goodwill | $120.4M | $228.0M | $244.3M | $242.1M | $245.0M | $247.2M | $243.8M | $85.2M |
| Intangible Assets (Excl. Goodwill) | $18.7M | $27.5M | $37.6M | $49.5M | $62.7M | $78.0M | $97.4M | $5.0M |
| Total Assets | $404.0M | $503.9M | $564.2M | $608.4M | $680.1M | $644.2M | $639.2M | $353.5M |
| Liabilities | ||||||||
| Accounts Payable | $832.0K | $965.0K | $1.8M | $361.0K | $840.0K | $657.0K | $505.0K | $588.0K |
| Total Current Liabilities | $240.1M | $204.0M | $240.1M | $269.4M | $312.3M | $269.7M | $268.9M | $190.0M |
| Long-Term Debt | $0 | $35.0M | $35.0M | $50.0M | $75.0M | $95.3M | $121.2M | — |
| Total Liabilities | $277.5M | $274.3M | $323.9M | $386.8M | $476.2M | $458.5M | $481.1M | $201.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $52.6M | $171.9M | $177.7M | $174.6M | $152.8M | $128.0M | $118.1M | $127.7M |
| Total Stockholders' Equity | $126.5M | $229.5M | $240.3M | $221.7M | $203.9M | $185.8M | $158.1M | $151.6M |