Forrester Research Inc. (Nasdaq: FORR) reported its fourth-quarter (Q4) and full-year (FY) 2025 financial results. Contract value $(CV)$ for the period declined by 6 percent to USD 292.4 million compared with the prior year. The company cited momentum in cash flow, client retention, and client count during the period, with part of the growth attributed to the launch of Forrester AI Access, a new self-service offering. In response to financial results falling short of expectations, Forrester announced a restructuring aimed at improving cost efficiency and focusing on CV growth. Looking ahead, Forrester provided 2026 guidance, including an adjusted operating margin of approximately 6.0 to 6.5 percent, an adjusted effective tax rate of 29 percent, and adjusted diluted earnings per share expected to range from USD 0.72 to USD 0.82. The company stated plans to refine go-to-market execution, advance customer retention initiatives, and accelerate the migration of clients to its Forrester Decisions portfolio.

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