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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) 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 $64.3M, roughly 1.6× CAMDEN NATIONAL CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -33.5%, a 67.5% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 0.5%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

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.

CAC vs FORR — Head-to-Head

Bigger by revenue
FORR
FORR
1.6× larger
FORR
$101.1M
$64.3M
CAC
Higher net margin
CAC
CAC
67.5% more per $
CAC
34.0%
-33.5%
FORR
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
0.5%
FORR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
FORR
FORR
Revenue
$64.3M
$101.1M
Net Profit
$21.9M
$-33.9M
Gross Margin
56.7%
Operating Margin
-36.6%
Net Margin
34.0%
-33.5%
Revenue YoY
-6.5%
Net Profit YoY
-7941.4%
EPS (diluted)
$1.29
$-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
CAC
CAC
FORR
FORR
Q1 26
$64.3M
Q4 25
$68.1M
$101.1M
Q3 25
$65.4M
$94.3M
Q2 25
$62.3M
$111.7M
Q1 25
$60.1M
$89.9M
Q4 24
$47.6M
$108.0M
Q3 24
$45.0M
$102.5M
Q2 24
$42.8M
$121.8M
Net Profit
CAC
CAC
FORR
FORR
Q1 26
$21.9M
Q4 25
$22.6M
$-33.9M
Q3 25
$21.2M
$-2.1M
Q2 25
$14.1M
$3.9M
Q1 25
$7.3M
$-87.3M
Q4 24
$14.7M
$432.0K
Q3 24
$13.1M
$-5.8M
Q2 24
$12.0M
$6.3M
Gross Margin
CAC
CAC
FORR
FORR
Q1 26
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%
Operating Margin
CAC
CAC
FORR
FORR
Q1 26
Q4 25
41.5%
-36.6%
Q3 25
40.5%
4.7%
Q2 25
28.5%
6.2%
Q1 25
10.3%
-97.5%
Q4 24
38.7%
-0.5%
Q3 24
35.2%
-0.7%
Q2 24
34.7%
9.3%
Net Margin
CAC
CAC
FORR
FORR
Q1 26
34.0%
Q4 25
33.1%
-33.5%
Q3 25
32.4%
-2.3%
Q2 25
22.6%
3.5%
Q1 25
12.2%
-97.1%
Q4 24
30.8%
0.4%
Q3 24
29.1%
-5.7%
Q2 24
28.0%
5.2%
EPS (diluted)
CAC
CAC
FORR
FORR
Q1 26
$1.29
Q4 25
$1.33
$-1.75
Q3 25
$1.25
$-0.11
Q2 25
$0.83
$0.20
Q1 25
$0.43
$-4.62
Q4 24
$1.00
$0.02
Q3 24
$0.90
$-0.30
Q2 24
$0.81
$0.33

Balance Sheet & Financial Strength

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

Metric
CAC
CAC
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$63.3M
Total DebtLower is stronger
$514.4M
Stockholders' EquityBook value
$710.0M
$126.5M
Total Assets
$7.0B
$404.0M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
FORR
FORR
Q1 26
Q4 25
$63.3M
Q3 25
$65.1M
Q2 25
$67.8M
Q1 25
$75.6M
Q4 24
$56.1M
Q3 24
$62.8M
Q2 24
$58.9M
Total Debt
CAC
CAC
FORR
FORR
Q1 26
$514.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CAC
CAC
FORR
FORR
Q1 26
$710.0M
Q4 25
$696.6M
$126.5M
Q3 25
$676.4M
$157.7M
Q2 25
$652.1M
$159.5M
Q1 25
$640.1M
$147.4M
Q4 24
$531.2M
$229.5M
Q3 24
$529.9M
$234.3M
Q2 24
$508.3M
$237.1M
Total Assets
CAC
CAC
FORR
FORR
Q1 26
$7.0B
Q4 25
$7.0B
$404.0M
Q3 25
$7.0B
$414.2M
Q2 25
$6.9B
$436.0M
Q1 25
$7.0B
$439.8M
Q4 24
$5.8B
$503.9M
Q3 24
$5.7B
$505.3M
Q2 24
$5.7B
$524.2M
Debt / Equity
CAC
CAC
FORR
FORR
Q1 26
0.72×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CAC
CAC
FORR
FORR
Operating Cash FlowLast quarter
$-3.2M
Free Cash FlowOCF − Capex
$-4.3M
FCF MarginFCF / Revenue
-4.2%
Capex IntensityCapex / Revenue
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
CAC
CAC
FORR
FORR
Q1 26
Q4 25
$63.9M
$-3.2M
Q3 25
$36.1M
$1.2M
Q2 25
$6.0M
$-3.6M
Q1 25
$1.0M
$26.7M
Q4 24
$60.9M
$-1.8M
Q3 24
$-14.5M
$264.0K
Q2 24
$14.5M
$-2.9M
Free Cash Flow
CAC
CAC
FORR
FORR
Q1 26
Q4 25
$58.2M
$-4.3M
Q3 25
$35.4M
$524.0K
Q2 25
$4.5M
$-4.2M
Q1 25
$-727.0K
$26.1M
Q4 24
$55.4M
$-2.5M
Q3 24
$-16.2M
$-223.0K
Q2 24
$13.2M
$-3.7M
FCF Margin
CAC
CAC
FORR
FORR
Q1 26
Q4 25
85.5%
-4.2%
Q3 25
54.1%
0.6%
Q2 25
7.3%
-3.8%
Q1 25
-1.2%
29.0%
Q4 24
116.4%
-2.3%
Q3 24
-36.0%
-0.2%
Q2 24
30.8%
-3.1%
Capex Intensity
CAC
CAC
FORR
FORR
Q1 26
Q4 25
8.4%
1.1%
Q3 25
1.1%
0.7%
Q2 25
2.4%
0.5%
Q1 25
2.9%
0.7%
Q4 24
11.7%
0.6%
Q3 24
3.8%
0.5%
Q2 24
3.0%
0.7%
Cash Conversion
CAC
CAC
FORR
FORR
Q1 26
Q4 25
2.83×
Q3 25
1.70×
Q2 25
0.43×
-0.93×
Q1 25
0.14×
Q4 24
4.15×
-4.24×
Q3 24
-1.11×
Q2 24
1.21×
-0.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

FORR
FORR

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

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