{"url_path":"/sec/forr/8-k/2026-02-12/item-2-02","section_key":"item-2-02","section_title":"Item 2.02 Results of Operations and Financial Condition.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-02-12","source_url":"https://www.sec.gov/Archives/edgar/data/1023313/0001193125-26-048685-index.html","accession_number":"0001193125-26-048685","cik":"0001023313","ticker":"FORR","issuer_name":"FORRESTER RESEARCH, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1023313/0001193125-26-048685-index.html","primary_entity_key":"0001023313","primary_entity_name":"FORRESTER RESEARCH, INC."},"word_count":472,"has_tables":true,"body_markdown":"## Item 2.02 Results of Operations and Financial Condition.\n\nThe information contained in this current report on Form 8-K is furnished pursuant to Item 2.02 of Form 8-K “Results of Operations and Financial Condition”. This information and the exhibits hereto are being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of, or otherwise regarded as filed under, the Securities Exchange Act of 1934, as amended. The information contained in this report shall not be incorporated by reference into any filing of Forrester Research, Inc. with the SEC, whether made before or after the date hereof, regardless of any general incorporation language in such filings.\n\nOn February 12, 2026, Forrester Research, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2025.\n\nForrester believes that adjusted financial results provide investors with consistent and comparable information to aid in the understanding of Forrester’s ongoing business. Forrester uses adjusted financial information to manage its business, including use of adjusted financial results as the basis for setting targets for various compensation programs. Our adjusted presentation excludes the following, as well as their related tax effects:\n\nAmortization of intangibles—we exclude the effect of the amortization of acquisition-related intangible assets from our adjusted results in order to more consistently present our ongoing results of operations.\n\nGains and losses from investments—we have consistently excluded both gains and losses related to our investment in non-marketable securities from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nLoss on sale of divested operation—we have excluded the loss on the sale of a divested operation, and the related external costs incurred, in the third quarter of 2024 from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nCredit loss expense—we have excluded the credit loss expense on the promissory note received from the sale of a divested operation in 2024 from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nGoodwill impairment—we exclude the goodwill impairment charges incurred during the first and fourth quarters of 2025 of $83.9 million and $26.8 million, respectively, from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nStock-based compensation expense—we exclude stock-based compensation from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nRestructuring costs—we exclude costs associated with the Company’s reductions in force and asset impairment charges associated with the Company’s reductions in office space from our adjusted results in order to keep quarter-over-quarter and year-over-year comparisons consistent.\n\nHowever, these measures should be considered in addition to, not as a substitute for, or superior to, operating income or other measures of financial performance prepared in accordance with generally accepted accounting principles as more fully discussed in our financial statements and filings with the Securities and Exchange Commission."}