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

Citi Trends Inc is the larger business by last-quarter revenue ($197.1M vs $101.1M, roughly 2.0× FORRESTER RESEARCH, INC.). Citi Trends Inc runs the higher net margin — -3.5% vs -33.5%, a 30.0% gap on every dollar of revenue. On growth, Citi Trends Inc posted the faster year-over-year revenue change (10.1% vs -6.5%). Citi Trends Inc produced more free cash flow last quarter ($767.0K vs $-4.3M). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -4.3%).

Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.

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.

CTRN vs FORR — Head-to-Head

Bigger by revenue
CTRN
CTRN
2.0× larger
CTRN
$197.1M
$101.1M
FORR
Growing faster (revenue YoY)
CTRN
CTRN
+16.5% gap
CTRN
10.1%
-6.5%
FORR
Higher net margin
CTRN
CTRN
30.0% more per $
CTRN
-3.5%
-33.5%
FORR
More free cash flow
CTRN
CTRN
$5.0M more FCF
CTRN
$767.0K
$-4.3M
FORR
Faster 2-yr revenue CAGR
FORR
FORR
Annualised
FORR
0.5%
-4.3%
CTRN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CTRN
CTRN
FORR
FORR
Revenue
$197.1M
$101.1M
Net Profit
$-6.9M
$-33.9M
Gross Margin
56.7%
Operating Margin
-3.7%
-36.6%
Net Margin
-3.5%
-33.5%
Revenue YoY
10.1%
-6.5%
Net Profit YoY
3.6%
-7941.4%
EPS (diluted)
$-0.86
$-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
CTRN
CTRN
FORR
FORR
Q4 25
$197.1M
$101.1M
Q3 25
$190.8M
$94.3M
Q2 25
$201.7M
$111.7M
Q1 25
$211.2M
$89.9M
Q4 24
$179.1M
$108.0M
Q3 24
$176.6M
$102.5M
Q2 24
$186.3M
$121.8M
Q1 24
$215.2M
$100.1M
Net Profit
CTRN
CTRN
FORR
FORR
Q4 25
$-6.9M
$-33.9M
Q3 25
$3.8M
$-2.1M
Q2 25
$871.0K
$3.9M
Q1 25
$-14.2M
$-87.3M
Q4 24
$-7.2M
$432.0K
Q3 24
$-18.4M
$-5.8M
Q2 24
$-3.4M
$6.3M
Q1 24
$3.6M
$-6.7M
Gross Margin
CTRN
CTRN
FORR
FORR
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%
Operating Margin
CTRN
CTRN
FORR
FORR
Q4 25
-3.7%
-36.6%
Q3 25
1.8%
4.7%
Q2 25
0.2%
6.2%
Q1 25
0.6%
-97.5%
Q4 24
-4.9%
-0.5%
Q3 24
-14.1%
-0.7%
Q2 24
-3.7%
9.3%
Q1 24
1.8%
-9.3%
Net Margin
CTRN
CTRN
FORR
FORR
Q4 25
-3.5%
-33.5%
Q3 25
2.0%
-2.3%
Q2 25
0.4%
3.5%
Q1 25
-6.7%
-97.1%
Q4 24
-4.0%
0.4%
Q3 24
-10.4%
-5.7%
Q2 24
-1.8%
5.2%
Q1 24
1.7%
-6.7%
EPS (diluted)
CTRN
CTRN
FORR
FORR
Q4 25
$-0.86
$-1.75
Q3 25
$0.46
$-0.11
Q2 25
$0.11
$0.20
Q1 25
$-1.70
$-4.62
Q4 24
$-0.86
$0.02
Q3 24
$-2.21
$-0.30
Q2 24
$-0.42
$0.33
Q1 24
$0.43
$-0.35

Balance Sheet & Financial Strength

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

Metric
CTRN
CTRN
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$63.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
$126.5M
Total Assets
$464.3M
$404.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRN
CTRN
FORR
FORR
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
Q1 24
$61.4M
Stockholders' Equity
CTRN
CTRN
FORR
FORR
Q4 25
$107.8M
$126.5M
Q3 25
$113.2M
$157.7M
Q2 25
$108.6M
$159.5M
Q1 25
$113.2M
$147.4M
Q4 24
$130.3M
$229.5M
Q3 24
$136.6M
$234.3M
Q2 24
$154.8M
$237.1M
Q1 24
$157.7M
$230.9M
Total Assets
CTRN
CTRN
FORR
FORR
Q4 25
$464.3M
$404.0M
Q3 25
$457.4M
$414.2M
Q2 25
$437.4M
$436.0M
Q1 25
$462.8M
$439.8M
Q4 24
$467.1M
$503.9M
Q3 24
$506.7M
$505.3M
Q2 24
$484.1M
$524.2M
Q1 24
$518.7M
$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
CTRN
CTRN
FORR
FORR
Operating Cash FlowLast quarter
$8.6M
$-3.2M
Free Cash FlowOCF − Capex
$767.0K
$-4.3M
FCF MarginFCF / Revenue
0.4%
-4.2%
Capex IntensityCapex / Revenue
4.0%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRN
CTRN
FORR
FORR
Q4 25
$8.6M
$-3.2M
Q3 25
$3.9M
$1.2M
Q2 25
$-11.0M
$-3.6M
Q1 25
$28.5M
$26.7M
Q4 24
$-18.4M
$-1.8M
Q3 24
$5.6M
$264.0K
Q2 24
$-19.6M
$-2.9M
Q1 24
$23.3M
$611.0K
Free Cash Flow
CTRN
CTRN
FORR
FORR
Q4 25
$767.0K
$-4.3M
Q3 25
$-1.7M
$524.0K
Q2 25
$-13.1M
$-4.2M
Q1 25
$26.0M
$26.1M
Q4 24
$-20.4M
$-2.5M
Q3 24
$1.7M
$-223.0K
Q2 24
$-21.2M
$-3.7M
Q1 24
$20.0M
$-815.0K
FCF Margin
CTRN
CTRN
FORR
FORR
Q4 25
0.4%
-4.2%
Q3 25
-0.9%
0.6%
Q2 25
-6.5%
-3.8%
Q1 25
12.3%
29.0%
Q4 24
-11.4%
-2.3%
Q3 24
0.9%
-0.2%
Q2 24
-11.4%
-3.1%
Q1 24
9.3%
-0.8%
Capex Intensity
CTRN
CTRN
FORR
FORR
Q4 25
4.0%
1.1%
Q3 25
2.9%
0.7%
Q2 25
1.0%
0.5%
Q1 25
1.2%
0.7%
Q4 24
1.1%
0.6%
Q3 24
2.2%
0.5%
Q2 24
0.9%
0.7%
Q1 24
1.5%
1.4%
Cash Conversion
CTRN
CTRN
FORR
FORR
Q4 25
Q3 25
1.01×
Q2 25
-12.59×
-0.93×
Q1 25
Q4 24
-4.24×
Q3 24
Q2 24
-0.46×
Q1 24
6.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTRN
CTRN

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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