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Side-by-side financial comparison of BridgeBio Pharma, Inc. (BBIO) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.

BridgeBio Pharma, Inc. is the larger business by last-quarter revenue ($154.2M vs $101.1M, roughly 1.5× FORRESTER RESEARCH, INC.). FORRESTER RESEARCH, INC. runs the higher net margin — -33.5% vs -126.2%, a 92.7% gap on every dollar of revenue. On growth, BridgeBio Pharma, Inc. posted the faster year-over-year revenue change (2521.2% vs -6.5%). FORRESTER RESEARCH, INC. produced more free cash flow last quarter ($-4.3M vs $-56.5M).

Brent Saunders is an American biopharma executive and entrepreneur who is the chairman and CEO of the health company Bausch & Lomb. He helped lead various mergers and acquisitions, including the mergers between Merck and Schering-Plough, the acquisition of Bausch + Lomb by Valeant Pharmaceuticals, and the $63 billion acquisition of Allergan by Abbvie. He founded the special-purpose acquisition company (SPAC) Vesper Healthcare Acquisition. Saunders is also executive chairman of medical aesthet...

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.

BBIO vs FORR — Head-to-Head

Bigger by revenue
BBIO
BBIO
1.5× larger
BBIO
$154.2M
$101.1M
FORR
Growing faster (revenue YoY)
BBIO
BBIO
+2527.6% gap
BBIO
2521.2%
-6.5%
FORR
Higher net margin
FORR
FORR
92.7% more per $
FORR
-33.5%
-126.2%
BBIO
More free cash flow
FORR
FORR
$52.2M more FCF
FORR
$-4.3M
$-56.5M
BBIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BBIO
BBIO
FORR
FORR
Revenue
$154.2M
$101.1M
Net Profit
$-194.6M
$-33.9M
Gross Margin
94.7%
56.7%
Operating Margin
-90.5%
-36.6%
Net Margin
-126.2%
-33.5%
Revenue YoY
2521.2%
-6.5%
Net Profit YoY
27.2%
-7941.4%
EPS (diluted)
$-1.00
$-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.

Revenue
BBIO
BBIO
FORR
FORR
Q4 25
$154.2M
$101.1M
Q3 25
$120.7M
$94.3M
Q2 25
$110.6M
$111.7M
Q1 25
$116.6M
$89.9M
Q4 24
$108.0M
Q3 24
$102.5M
Q2 24
$121.8M
Q1 24
$211.1M
$100.1M
Net Profit
BBIO
BBIO
FORR
FORR
Q4 25
$-194.6M
$-33.9M
Q3 25
$-184.9M
$-2.1M
Q2 25
$-183.8M
$3.9M
Q1 25
$-169.6M
$-87.3M
Q4 24
$432.0K
Q3 24
$-5.8M
Q2 24
$6.3M
Q1 24
$-36.2M
$-6.7M
Gross Margin
BBIO
BBIO
FORR
FORR
Q4 25
94.7%
56.7%
Q3 25
94.6%
60.0%
Q2 25
96.7%
55.5%
Q1 25
97.7%
55.9%
Q4 24
58.8%
Q3 24
60.5%
Q2 24
57.3%
Q1 24
99.7%
54.9%
Operating Margin
BBIO
BBIO
FORR
FORR
Q4 25
-90.5%
-36.6%
Q3 25
-120.3%
4.7%
Q2 25
-121.4%
6.2%
Q1 25
-89.5%
-97.5%
Q4 24
-0.5%
Q3 24
-0.7%
Q2 24
9.3%
Q1 24
0.2%
-9.3%
Net Margin
BBIO
BBIO
FORR
FORR
Q4 25
-126.2%
-33.5%
Q3 25
-153.2%
-2.3%
Q2 25
-166.2%
3.5%
Q1 25
-145.4%
-97.1%
Q4 24
0.4%
Q3 24
-5.7%
Q2 24
5.2%
Q1 24
-17.1%
-6.7%
EPS (diluted)
BBIO
BBIO
FORR
FORR
Q4 25
$-1.00
$-1.75
Q3 25
$-0.95
$-0.11
Q2 25
$-0.95
$0.20
Q1 25
$-0.88
$-4.62
Q4 24
$0.02
Q3 24
$-0.30
Q2 24
$0.33
Q1 24
$-0.20
$-0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBIO
BBIO
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$570.1M
$63.3M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$-2.1B
$126.5M
Total Assets
$936.0M
$404.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBIO
BBIO
FORR
FORR
Q4 25
$570.1M
$63.3M
Q3 25
$643.0M
$65.1M
Q2 25
$756.9M
$67.8M
Q1 25
$540.6M
$75.6M
Q4 24
$56.1M
Q3 24
$62.8M
Q2 24
$58.9M
Q1 24
$519.7M
$61.4M
Total Debt
BBIO
BBIO
FORR
FORR
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BBIO
BBIO
FORR
FORR
Q4 25
$-2.1B
$126.5M
Q3 25
$-1.9B
$157.7M
Q2 25
$-1.8B
$159.5M
Q1 25
$-1.6B
$147.4M
Q4 24
$229.5M
Q3 24
$234.3M
Q2 24
$237.1M
Q1 24
$-1.0B
$230.9M
Total Assets
BBIO
BBIO
FORR
FORR
Q4 25
$936.0M
$404.0M
Q3 25
$998.3M
$414.2M
Q2 25
$1.1B
$436.0M
Q1 25
$881.6M
$439.8M
Q4 24
$503.9M
Q3 24
$505.3M
Q2 24
$524.2M
Q1 24
$849.3M
$555.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBIO
BBIO
FORR
FORR
Operating Cash FlowLast quarter
$-56.4M
$-3.2M
Free Cash FlowOCF − Capex
$-56.5M
$-4.3M
FCF MarginFCF / Revenue
-36.6%
-4.2%
Capex IntensityCapex / Revenue
0.0%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBIO
BBIO
FORR
FORR
Q4 25
$-56.4M
$-3.2M
Q3 25
$-109.6M
$1.2M
Q2 25
$-80.7M
$-3.6M
Q1 25
$-199.2M
$26.7M
Q4 24
$-1.8M
Q3 24
$264.0K
Q2 24
$-2.9M
Q1 24
$-219.5M
$611.0K
Free Cash Flow
BBIO
BBIO
FORR
FORR
Q4 25
$-56.5M
$-4.3M
Q3 25
$-110.0M
$524.0K
Q2 25
$-81.3M
$-4.2M
Q1 25
$26.1M
Q4 24
$-2.5M
Q3 24
$-223.0K
Q2 24
$-3.7M
Q1 24
$-220.2M
$-815.0K
FCF Margin
BBIO
BBIO
FORR
FORR
Q4 25
-36.6%
-4.2%
Q3 25
-91.2%
0.6%
Q2 25
-73.5%
-3.8%
Q1 25
29.0%
Q4 24
-2.3%
Q3 24
-0.2%
Q2 24
-3.1%
Q1 24
-104.3%
-0.8%
Capex Intensity
BBIO
BBIO
FORR
FORR
Q4 25
0.0%
1.1%
Q3 25
0.4%
0.7%
Q2 25
0.5%
0.5%
Q1 25
0.0%
0.7%
Q4 24
0.6%
Q3 24
0.5%
Q2 24
0.7%
Q1 24
0.3%
1.4%
Cash Conversion
BBIO
BBIO
FORR
FORR
Q4 25
Q3 25
Q2 25
-0.93×
Q1 25
Q4 24
-4.24×
Q3 24
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBIO
BBIO

Segment breakdown not available.

FORR
FORR

Research Segment$82.2M81%
Consulting Segment$16.2M16%
Billable Expenses$1.5M2%
Professional Services$1.4M1%

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