Forrester Reports Second Quarter 2026 Earnings
Forrester (FORR) reported its second-quarter earnings for fiscal year 2026, with mixed performance across key metrics. Client Value (CV) decreased by 3%, while wallet retention remained flat and client count increased slightly despite a 1% drop in overall client retention. Total revenue fell by 10%, driven primarily by an 8% decline in research revenue and a steeper 15% decrease in non-CV businesses, including consulting and events. The company attributed the downturn to market uncertainty and its decision earlier this year to exit the strategy consulting business. Despite these challenges, Forrester exceeded consensus expectations on revenue, margin, and earnings per share (EPS). CEO George F. Colony noted that trends from Q1 continued into Q2 but expressed confidence in aligning with full-year guidance. The company also highlighted recent AI research initiatives and updates to its flagship B2B and customer experience events held during the quarter. CFO Leo Christian Finn is expected to provide further financial details, while other executives will participate in a question-and-answer session following Colony's remarks.
Tickers: $FORR
Topics: financial results Q2 earnings call