FORR (Forrester Research) Gross Margin %: 54.79% (As of Mar. 2026) — Near Median


FORR Forrester Research Inc FORR
60 GF Score
Price $7.75
GF Value $13.73
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Forrester Research Gross Margin %?

Forrester Research FORR +5.23% 60 Gross Margin % is 54.79% as of Mar. 2026, which is 7% below its 10-year median of 58.71. GuruFocus rates FORR with a GF Score™ of 60/100 and a GF Value™ of $13.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,007 Business Services companies, Forrester Research ranks better than 75.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Forrester Research's Gross Profit for the three months ended in Mar. 2026 was $46.8 Mil. Forrester Research's Revenue for the three months ended in Mar. 2026 was $85.5 Mil. Therefore, Forrester Research's Gross Margin % for the quarter that ended in Mar. 2026 was 54.79%.


The historical rank and industry rank for Forrester Research's Gross Margin % or its related term are showing as below:

FORR' s Gross Margin % Range Over the Past 10 Years
Min: 56.75   Med: 58.71   Max: 60.69
Current: 56.75


During the past 13 years, the highest Gross Margin % of Forrester Research was 60.69%. The lowest was 56.75%. And the median was 58.71%.

FORR's Gross Margin % is ranked better than
75.57% of 1007 companies
in the Business Services industry
Industry Median: 34.46 vs FORR: 56.75

Forrester Research had a gross margin of 54.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Forrester Research was -0.90% per year.


Forrester Research  (NAS:FORR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Forrester Research had a gross margin of 54.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Forrester Research Gross Margin % Related Terms


Forrester Research Gross Margin % Historical Data

* Premium members only.

The historical data trend for Forrester Research's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forrester Research Gross Margin % Chart

Forrester Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.17 58.39 57.47 57.79 56.99

Forrester Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.94 55.53 60.01 56.71 54.79

FORR vs RGP, GLAI, NORD: Gross Margin % Comparison

For the Consulting Services subindustry, Forrester Research's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forrester Research Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Forrester Research's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Forrester Research's Gross Margin % falls into.


FORR
60GF Score
Forrester Research Inc FORR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forrester Research Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Forrester Research's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=226.2 / 396.888
=(Revenue - Cost of Goods Sold) / Revenue
=(396.888 - 170.717) / 396.888
=56.99 %

Forrester Research's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=46.8 / 85.454
=(Revenue - Cost of Goods Sold) / Revenue
=(85.454 - 38.63) / 85.454
=54.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 54.79% mean?
Forrester Research (FORR) has a Gross Margin % of 54.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Forrester Research and its competitors. This is near median its historical median of 58.71. Over the past decade, Forrester Research's Gross Margin % has ranged from 56.75 to 60.69. According to the industry distribution chart, Forrester Research ranks #246 out of 1007 companies in the Business Services industry, placing it in the top 24.4%.
Is Forrester Research's Gross Margin % too high?
Forrester Research's current Gross Margin % of 54.79% is near median its 10-year median of 58.71. Over the past 10 years, this metric has ranged from a low of 56.75 to a high of 60.69. The Business Services industry median Gross Margin % is 34.46. Forrester Research's value of 54.79% is 59% above this industry median. Based on the distribution chart, Forrester Research ranks #246 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Forrester Research has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forrester Research's Gross Margin % compare to RGP and GLAI?
According to the Business Services industry distribution chart, Forrester Research ranks #246 out of 1007 companies for Gross Margin %. This places Forrester Research in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.46. Forrester Research's value of 54.79% is 59% above this benchmark. Historically, Forrester Research's own Gross Margin % has ranged from 56.75 to 60.69 over the past decade. While the company's 10-year median is 58.71 vs. the industry median of 34.46, Forrester Research has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forrester Research's current Gross Margin % of 54.79% is 59% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Forrester Research and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forrester Research's current Gross Margin % is 54.79%, which is near median its own 10-year median of 58.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forrester Research stock overvalued right now?
Based on GuruFocus' analysis, Forrester Research (FORR) is currently considered Possible Value Trap. The stock's GF Value™ is $13.73, compared to a current price of $7.75 — trading 43.6% below its estimated fair value. The current Gross Margin % is 54.79%, which is near median its 10-year median of 58.71 and 59% above the Business Services industry median of 34.46. Forrester Research's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Forrester Research (FORR), the current Gross Margin % is 54.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forrester Research (FORR) Overvalued in 2026?

Based on GuruFocus' analysis, Forrester Research stock appears to be undervalued. The current stock price of $7.75 is trading 43.6% below its estimated GF Value™ of $13.73. GuruFocus considers Forrester Research to be Possible Value Trap.

Key valuation signals for FORR:

  • Gross Margin %: 54.79% (near median its 10-year median of 58.71)
  • GF Value™: $13.73 vs. price of $7.75 (43.6% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 59% above the Business Services median (#246 of 1007)

No single metric tells the full story. See the FORR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forrester Research Business Description

Address 60 Acorn Park Drive, Cambridge, MA, USA, 02140
Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
60GF Score

Get the complete analysis for FORR

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.75
Price
$13.73
GF Value