FORRESTER RESEARCH, INC.
Cash Flow History
| Fiscal Year | Operating Cash Flow | Free Cash Flow | CapEx | Share-Based Compensation |
|---|---|---|---|---|
| FY2016 | $44.5M | $40.3M | $4.1M | $8.0M |
| FY2017 | $37.5M | $29.6M | $7.9M | $8.5M |
| FY2018 | $38.4M | $33.4M | $5.0M | $8.3M |
| FY2019 | $48.4M | $36.5M | $11.9M | $11.7M |
| FY2020 | $47.8M | $38.8M | $8.9M | $10.9M |
| FY2021 | $107.1M | $96.3M | $10.7M | $10.1M |
| FY2022 | $39.4M | $33.8M | $5.7M | $14.5M |
| FY2023 | $21.7M | $16.2M | $5.5M | $15.5M |
| FY2024 | $-3.9M | $-7.3M | $3.4M | $14.3M |
| FY2025 | $21.1M | $18.1M | $3.0M | $12.3M |