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Side-by-side financial comparison of Easterly Government Properties, Inc. (DEA) 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 $91.5M, roughly 1.1× Easterly Government Properties, Inc.). Easterly Government Properties, Inc. runs the higher net margin — 1.5% vs -33.5%, a 35.1% gap on every dollar of revenue. On growth, Easterly Government Properties, Inc. posted the faster year-over-year revenue change (16.4% vs -6.5%). Over the past eight quarters, Easterly Government Properties, Inc.'s revenue compounded faster (9.6% CAGR vs 0.5%).
Easterly Government Properties, Inc. is a U.S.-headquartered real estate investment trust focused on acquiring, developing, and managing mission-critical commercial properties primarily leased to U.S. federal government agencies. Its portfolio covers office spaces, healthcare facilities, and security-related properties, serving government clients across key domestic markets.
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.
DEA vs FORR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $91.5M | $101.1M |
| Net Profit | $1.4M | $-33.9M |
| Gross Margin | — | 56.7% |
| Operating Margin | — | -36.6% |
| Net Margin | 1.5% | -33.5% |
| Revenue YoY | 16.4% | -6.5% |
| Net Profit YoY | -56.9% | -7941.4% |
| EPS (diluted) | $0.36 | $-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.
| Q1 26 | $91.5M | — | ||
| Q4 25 | $87.0M | $101.1M | ||
| Q3 25 | $86.2M | $94.3M | ||
| Q2 25 | $84.2M | $111.7M | ||
| Q1 25 | $78.7M | $89.9M | ||
| Q4 24 | $78.3M | $108.0M | ||
| Q3 24 | $74.8M | $102.5M | ||
| Q2 24 | $76.2M | $121.8M |
| Q1 26 | $1.4M | — | ||
| Q4 25 | $4.6M | $-33.9M | ||
| Q3 25 | $1.2M | $-2.1M | ||
| Q2 25 | $4.1M | $3.9M | ||
| Q1 25 | $3.1M | $-87.3M | ||
| Q4 24 | $5.5M | $432.0K | ||
| Q3 24 | $4.9M | $-5.8M | ||
| Q2 24 | $4.6M | $6.3M |
| Q1 26 | — | — | ||
| Q4 25 | 77.3% | 56.7% | ||
| Q3 25 | 76.0% | 60.0% | ||
| Q2 25 | 77.2% | 55.5% | ||
| Q1 25 | 77.4% | 55.9% | ||
| Q4 24 | 76.1% | 58.8% | ||
| Q3 24 | 77.7% | 60.5% | ||
| Q2 24 | 76.2% | 57.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | -36.6% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | -97.5% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | -0.7% | ||
| Q2 24 | — | 9.3% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.3% | -33.5% | ||
| Q3 25 | 1.4% | -2.3% | ||
| Q2 25 | 4.8% | 3.5% | ||
| Q1 25 | 4.0% | -97.1% | ||
| Q4 24 | 7.0% | 0.4% | ||
| Q3 24 | 6.5% | -5.7% | ||
| Q2 24 | 6.0% | 5.2% |
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.09 | $-1.75 | ||
| Q3 25 | $0.02 | $-0.11 | ||
| Q2 25 | $0.09 | $0.20 | ||
| Q1 25 | $0.07 | $-4.62 | ||
| Q4 24 | $0.13 | $0.02 | ||
| Q3 24 | $0.11 | $-0.30 | ||
| Q2 24 | $0.11 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0M | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $126.5M |
| Total Assets | $3.4B | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.0M | — | ||
| Q4 25 | $23.4M | $63.3M | ||
| Q3 25 | $4.4M | $65.1M | ||
| Q2 25 | $4.7M | $67.8M | ||
| Q1 25 | $8.5M | $75.6M | ||
| Q4 24 | $19.4M | $56.1M | ||
| Q3 24 | $31.2M | $62.8M | ||
| Q2 24 | $14.8M | $58.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $126.5M | ||
| Q3 25 | $1.3B | $157.7M | ||
| Q2 25 | $1.3B | $159.5M | ||
| Q1 25 | $1.3B | $147.4M | ||
| Q4 24 | $1.3B | $229.5M | ||
| Q3 24 | $1.3B | $234.3M | ||
| Q2 24 | $1.3B | $237.1M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $404.0M | ||
| Q3 25 | $3.4B | $414.2M | ||
| Q2 25 | $3.4B | $436.0M | ||
| Q1 25 | $3.2B | $439.8M | ||
| Q4 24 | $3.2B | $503.9M | ||
| Q3 24 | $3.1B | $505.3M | ||
| Q2 24 | $3.0B | $524.2M |
| Q1 26 | — | — | ||
| Q4 25 | 1.26× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.29× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.07× | — |
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 |
| Free Cash FlowOCF − Capex | — | $-4.3M |
| FCF MarginFCF / Revenue | — | -4.2% |
| Capex IntensityCapex / Revenue | 0.7% | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $259.2M | $-3.2M | ||
| Q3 25 | $155.0M | $1.2M | ||
| Q2 25 | $38.1M | $-3.6M | ||
| Q1 25 | $24.2M | $26.7M | ||
| Q4 24 | $162.6M | $-1.8M | ||
| Q3 24 | $57.2M | $264.0K | ||
| Q2 24 | $57.0M | $-2.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $524.0K | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $26.1M | ||
| Q4 24 | — | $-2.5M | ||
| Q3 24 | — | $-223.0K | ||
| Q2 24 | — | $-3.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | -4.2% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | -3.8% | ||
| Q1 25 | — | 29.0% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | — | -0.2% | ||
| Q2 24 | — | -3.1% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 56.44× | — | ||
| Q3 25 | 127.75× | — | ||
| Q2 25 | 9.36× | -0.93× | ||
| Q1 25 | 7.73× | — | ||
| Q4 24 | 29.82× | -4.24× | ||
| Q3 24 | 11.76× | — | ||
| Q2 24 | 12.37× | -0.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEA
| Rental income | $88.6M | 97% |
| Other | $2.3M | 3% |
| Asset management income | $646.0K | 1% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
