vs

Side-by-side financial comparison of Consensus Cloud Solutions, Inc. (CCSI) 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 $87.1M, roughly 1.2× Consensus Cloud Solutions, Inc.). Consensus Cloud Solutions, Inc. runs the higher net margin — 23.5% vs -33.5%, a 57.1% gap on every dollar of revenue. On growth, Consensus Cloud Solutions, Inc. posted the faster year-over-year revenue change (0.1% vs -6.5%). Consensus Cloud Solutions, Inc. produced more free cash flow last quarter ($7.3M vs $-4.3M). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -0.6%).

Consensus Cloud Solutions, Inc. is a provider of cloud-based secure information delivery and digital workflow solutions. Its core offerings include encrypted digital fax, secure document exchange, and process automation tools, serving clients across healthcare, legal, financial services and enterprise sectors, with a primary operating market in North America.

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.

CCSI vs FORR — Head-to-Head

Bigger by revenue
FORR
FORR
1.2× larger
FORR
$101.1M
$87.1M
CCSI
Growing faster (revenue YoY)
CCSI
CCSI
+6.6% gap
CCSI
0.1%
-6.5%
FORR
Higher net margin
CCSI
CCSI
57.1% more per $
CCSI
23.5%
-33.5%
FORR
More free cash flow
CCSI
CCSI
$11.6M more FCF
CCSI
$7.3M
$-4.3M
FORR
Faster 2-yr revenue CAGR
FORR
FORR
Annualised
FORR
0.5%
-0.6%
CCSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CCSI
CCSI
FORR
FORR
Revenue
$87.1M
$101.1M
Net Profit
$20.5M
$-33.9M
Gross Margin
80.0%
56.7%
Operating Margin
41.1%
-36.6%
Net Margin
23.5%
-33.5%
Revenue YoY
0.1%
-6.5%
Net Profit YoY
13.5%
-7941.4%
EPS (diluted)
$1.06
$-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
CCSI
CCSI
FORR
FORR
Q4 25
$87.1M
$101.1M
Q3 25
$87.8M
$94.3M
Q2 25
$87.7M
$111.7M
Q1 25
$87.1M
$89.9M
Q4 24
$87.0M
$108.0M
Q3 24
$87.8M
$102.5M
Q2 24
$87.5M
$121.8M
Q1 24
$88.1M
$100.1M
Net Profit
CCSI
CCSI
FORR
FORR
Q4 25
$20.5M
$-33.9M
Q3 25
$22.1M
$-2.1M
Q2 25
$20.8M
$3.9M
Q1 25
$21.2M
$-87.3M
Q4 24
$18.1M
$432.0K
Q3 24
$21.1M
$-5.8M
Q2 24
$23.9M
$6.3M
Q1 24
$26.4M
$-6.7M
Gross Margin
CCSI
CCSI
FORR
FORR
Q4 25
80.0%
56.7%
Q3 25
80.0%
60.0%
Q2 25
79.9%
55.5%
Q1 25
79.3%
55.9%
Q4 24
79.5%
58.8%
Q3 24
79.9%
60.5%
Q2 24
80.4%
57.3%
Q1 24
80.7%
54.9%
Operating Margin
CCSI
CCSI
FORR
FORR
Q4 25
41.1%
-36.6%
Q3 25
43.2%
4.7%
Q2 25
44.5%
6.2%
Q1 25
43.0%
-97.5%
Q4 24
38.4%
-0.5%
Q3 24
43.8%
-0.7%
Q2 24
45.6%
9.3%
Q1 24
42.7%
-9.3%
Net Margin
CCSI
CCSI
FORR
FORR
Q4 25
23.5%
-33.5%
Q3 25
25.2%
-2.3%
Q2 25
23.7%
3.5%
Q1 25
24.3%
-97.1%
Q4 24
20.8%
0.4%
Q3 24
24.1%
-5.7%
Q2 24
27.3%
5.2%
Q1 24
29.9%
-6.7%
EPS (diluted)
CCSI
CCSI
FORR
FORR
Q4 25
$1.06
$-1.75
Q3 25
$1.15
$-0.11
Q2 25
$1.07
$0.20
Q1 25
$1.07
$-4.62
Q4 24
$0.92
$0.02
Q3 24
$1.09
$-0.30
Q2 24
$1.24
$0.33
Q1 24
$1.37
$-0.35

Balance Sheet & Financial Strength

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

Metric
CCSI
CCSI
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$74.7M
$63.3M
Total DebtLower is stronger
$558.4M
Stockholders' EquityBook value
$13.8M
$126.5M
Total Assets
$663.8M
$404.0M
Debt / EquityLower = less leverage
40.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCSI
CCSI
FORR
FORR
Q4 25
$74.7M
$63.3M
Q3 25
$97.6M
$65.1M
Q2 25
$57.9M
$67.8M
Q1 25
$53.4M
$75.6M
Q4 24
$33.5M
$56.1M
Q3 24
$54.6M
$62.8M
Q2 24
$49.2M
$58.9M
Q1 24
$61.5M
$61.4M
Total Debt
CCSI
CCSI
FORR
FORR
Q4 25
$558.4M
Q3 25
$578.6M
Q2 25
$578.2M
Q1 25
$583.7M
Q4 24
$593.0M
Q3 24
$612.5M
Q2 24
$642.8M
Q1 24
$671.7M
Stockholders' Equity
CCSI
CCSI
FORR
FORR
Q4 25
$13.8M
$126.5M
Q3 25
$-2.6M
$157.7M
Q2 25
$-26.5M
$159.5M
Q1 25
$-49.4M
$147.4M
Q4 24
$-79.5M
$229.5M
Q3 24
$-93.2M
$234.3M
Q2 24
$-124.4M
$237.1M
Q1 24
$-151.8M
$230.9M
Total Assets
CCSI
CCSI
FORR
FORR
Q4 25
$663.8M
$404.0M
Q3 25
$675.0M
$414.2M
Q2 25
$641.5M
$436.0M
Q1 25
$629.6M
$439.8M
Q4 24
$602.2M
$503.9M
Q3 24
$622.5M
$505.3M
Q2 24
$608.5M
$524.2M
Q1 24
$620.8M
$555.7M
Debt / Equity
CCSI
CCSI
FORR
FORR
Q4 25
40.54×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CCSI
CCSI
FORR
FORR
Operating Cash FlowLast quarter
$15.2M
$-3.2M
Free Cash FlowOCF − Capex
$7.3M
$-4.3M
FCF MarginFCF / Revenue
8.4%
-4.2%
Capex IntensityCapex / Revenue
9.1%
1.1%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$105.9M
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCSI
CCSI
FORR
FORR
Q4 25
$15.2M
$-3.2M
Q3 25
$51.6M
$1.2M
Q2 25
$28.3M
$-3.6M
Q1 25
$40.9M
$26.7M
Q4 24
$11.1M
$-1.8M
Q3 24
$41.6M
$264.0K
Q2 24
$24.4M
$-2.9M
Q1 24
$44.7M
$611.0K
Free Cash Flow
CCSI
CCSI
FORR
FORR
Q4 25
$7.3M
$-4.3M
Q3 25
$44.4M
$524.0K
Q2 25
$20.3M
$-4.2M
Q1 25
$33.7M
$26.1M
Q4 24
$3.1M
$-2.5M
Q3 24
$33.6M
$-223.0K
Q2 24
$15.8M
$-3.7M
Q1 24
$35.8M
$-815.0K
FCF Margin
CCSI
CCSI
FORR
FORR
Q4 25
8.4%
-4.2%
Q3 25
50.6%
0.6%
Q2 25
23.2%
-3.8%
Q1 25
38.7%
29.0%
Q4 24
3.6%
-2.3%
Q3 24
38.3%
-0.2%
Q2 24
18.1%
-3.1%
Q1 24
40.6%
-0.8%
Capex Intensity
CCSI
CCSI
FORR
FORR
Q4 25
9.1%
1.1%
Q3 25
8.2%
0.7%
Q2 25
9.1%
0.5%
Q1 25
8.3%
0.7%
Q4 24
9.2%
0.6%
Q3 24
9.1%
0.5%
Q2 24
9.8%
0.7%
Q1 24
10.1%
1.4%
Cash Conversion
CCSI
CCSI
FORR
FORR
Q4 25
0.74×
Q3 25
2.34×
Q2 25
1.36×
-0.93×
Q1 25
1.94×
Q4 24
0.62×
-4.24×
Q3 24
1.97×
Q2 24
1.02×
-0.46×
Q1 24
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCSI
CCSI

Segment breakdown not available.

FORR
FORR

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

Related Comparisons