vs
Side-by-side financial comparison of BEASLEY BROADCAST GROUP INC (BBGI) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.
FORRESTER RESEARCH, INC. is the larger business by last-quarter revenue ($101.1M vs $53.1M, roughly 1.9× BEASLEY BROADCAST GROUP INC). FORRESTER RESEARCH, INC. runs the higher net margin — -33.5% vs -358.4%, a 324.9% gap on every dollar of revenue. On growth, FORRESTER RESEARCH, INC. posted the faster year-over-year revenue change (-6.5% vs -21.2%). FORRESTER RESEARCH, INC. produced more free cash flow last quarter ($-4.3M vs $-4.4M). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -1.2%).
Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. As of September 2025, the company owns 54 stations under the Beasley Media Group name.
Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.
BBGI vs FORR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.1M | $101.1M |
| Net Profit | $-190.1M | $-33.9M |
| Gross Margin | — | 56.7% |
| Operating Margin | -433.6% | -36.6% |
| Net Margin | -358.4% | -33.5% |
| Revenue YoY | -21.2% | -6.5% |
| Net Profit YoY | -9136.7% | -7941.4% |
| EPS (diluted) | $-105.71 | $-1.75 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $53.1M | $101.1M | ||
| Q3 25 | $51.0M | $94.3M | ||
| Q2 25 | $53.0M | $111.7M | ||
| Q1 25 | $48.9M | $89.9M | ||
| Q4 24 | $67.3M | $108.0M | ||
| Q3 24 | $58.2M | $102.5M | ||
| Q2 24 | $60.4M | $121.8M | ||
| Q1 24 | $54.4M | $100.1M |
| Q4 25 | $-190.1M | $-33.9M | ||
| Q3 25 | $-3.6M | $-2.1M | ||
| Q2 25 | $-154.2K | $3.9M | ||
| Q1 25 | $-2.7M | $-87.3M | ||
| Q4 24 | $-2.1M | $432.0K | ||
| Q3 24 | $-3.6M | $-5.8M | ||
| Q2 24 | $-276.0K | $6.3M | ||
| Q1 24 | $8.0K | $-6.7M |
| Q4 25 | — | 56.7% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 55.5% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 60.5% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 54.9% |
| Q4 25 | -433.6% | -36.6% | ||
| Q3 25 | -1.1% | 4.7% | ||
| Q2 25 | 5.5% | 6.2% | ||
| Q1 25 | -4.1% | -97.5% | ||
| Q4 24 | 11.3% | -0.5% | ||
| Q3 24 | 2.1% | -0.7% | ||
| Q2 24 | 8.9% | 9.3% | ||
| Q1 24 | -2.0% | -9.3% |
| Q4 25 | -358.4% | -33.5% | ||
| Q3 25 | -7.0% | -2.3% | ||
| Q2 25 | -0.3% | 3.5% | ||
| Q1 25 | -5.5% | -97.1% | ||
| Q4 24 | -3.1% | 0.4% | ||
| Q3 24 | -6.1% | -5.7% | ||
| Q2 24 | -0.5% | 5.2% | ||
| Q1 24 | 0.0% | -6.7% |
| Q4 25 | $-105.71 | $-1.75 | ||
| Q3 25 | $-1.97 | $-0.11 | ||
| Q2 25 | $-0.09 | $0.20 | ||
| Q1 25 | $-1.50 | $-4.62 | ||
| Q4 24 | $-1.23 | $0.02 | ||
| Q3 24 | $-2.33 | $-0.30 | ||
| Q2 24 | $-0.18 | $0.33 | ||
| Q1 24 | $0.01 | $-0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.9M | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-49.3M | $126.5M |
| Total Assets | $299.3M | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $63.3M | ||
| Q3 25 | $14.3M | $65.1M | ||
| Q2 25 | $13.7M | $67.8M | ||
| Q1 25 | $12.2M | $75.6M | ||
| Q4 24 | $13.8M | $56.1M | ||
| Q3 24 | $27.8M | $62.8M | ||
| Q2 24 | $33.3M | $58.9M | ||
| Q1 24 | $27.8M | $61.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $247.1M | — | ||
| Q3 24 | $265.2M | — | ||
| Q2 24 | $264.9M | — | ||
| Q1 24 | $264.5M | — |
| Q4 25 | $-49.3M | $126.5M | ||
| Q3 25 | $141.0M | $157.7M | ||
| Q2 25 | $144.5M | $159.5M | ||
| Q1 25 | $144.6M | $147.4M | ||
| Q4 24 | $147.2M | $229.5M | ||
| Q3 24 | $145.8M | $234.3M | ||
| Q2 24 | $149.1M | $237.1M | ||
| Q1 24 | $149.1M | $230.9M |
| Q4 25 | $299.3M | $404.0M | ||
| Q3 25 | $534.6M | $414.2M | ||
| Q2 25 | $548.0M | $436.0M | ||
| Q1 25 | $539.3M | $439.8M | ||
| Q4 24 | $549.2M | $503.9M | ||
| Q3 24 | $571.5M | $505.3M | ||
| Q2 24 | $573.2M | $524.2M | ||
| Q1 24 | $566.3M | $555.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.82× | — | ||
| Q2 24 | 1.78× | — | ||
| Q1 24 | 1.77× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.2M | $-3.2M |
| Free Cash FlowOCF − Capex | $-4.4M | $-4.3M |
| FCF MarginFCF / Revenue | -8.3% | -4.2% |
| Capex IntensityCapex / Revenue | 2.3% | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.3M | $18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.2M | $-3.2M | ||
| Q3 25 | $-4.9M | $1.2M | ||
| Q2 25 | $3.1M | $-3.6M | ||
| Q1 25 | $-3.5M | $26.7M | ||
| Q4 24 | $-1.5M | $-1.8M | ||
| Q3 24 | $-4.8M | $264.0K | ||
| Q2 24 | $6.6M | $-2.9M | ||
| Q1 24 | $-4.0M | $611.0K |
| Q4 25 | $-4.4M | $-4.3M | ||
| Q3 25 | $-7.1M | $524.0K | ||
| Q2 25 | $2.5M | $-4.2M | ||
| Q1 25 | $-4.3M | $26.1M | ||
| Q4 24 | $-1.9M | $-2.5M | ||
| Q3 24 | $-5.4M | $-223.0K | ||
| Q2 24 | $5.6M | $-3.7M | ||
| Q1 24 | $-5.0M | $-815.0K |
| Q4 25 | -8.3% | -4.2% | ||
| Q3 25 | -14.0% | 0.6% | ||
| Q2 25 | 4.7% | -3.8% | ||
| Q1 25 | -8.7% | 29.0% | ||
| Q4 24 | -2.8% | -2.3% | ||
| Q3 24 | -9.3% | -0.2% | ||
| Q2 24 | 9.2% | -3.1% | ||
| Q1 24 | -9.2% | -0.8% |
| Q4 25 | 2.3% | 1.1% | ||
| Q3 25 | 4.4% | 0.7% | ||
| Q2 25 | 1.1% | 0.5% | ||
| Q1 25 | 1.6% | 0.7% | ||
| Q4 24 | 0.6% | 0.6% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 1.7% | 0.7% | ||
| Q1 24 | 1.7% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.93× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -4.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.46× | ||
| Q1 24 | -506.51× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BBGI
| Audio Advertising | $40.5M | 76% |
| Digital Advertising | $12.6M | 24% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
