vs
Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.
Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $101.1M, roughly 1.7× FORRESTER RESEARCH, INC.). On growth, FORRESTER RESEARCH, INC. posted the faster year-over-year revenue change (-6.5% vs -21.3%). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -11.4%).
Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.
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.
EIG vs FORR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $170.5M | $101.1M |
| Net Profit | — | $-33.9M |
| Gross Margin | — | 56.7% |
| Operating Margin | — | -36.6% |
| Net Margin | — | -33.5% |
| Revenue YoY | -21.3% | -6.5% |
| Net Profit YoY | — | -7941.4% |
| EPS (diluted) | — | $-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 | $170.5M | — | ||
| Q4 25 | $188.5M | $101.1M | ||
| Q3 25 | $239.3M | $94.3M | ||
| Q2 25 | $246.3M | $111.7M | ||
| Q1 25 | $202.6M | $89.9M | ||
| Q4 24 | $216.6M | $108.0M | ||
| Q3 24 | $224.0M | $102.5M | ||
| Q2 24 | $217.0M | $121.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-33.9M | ||
| Q3 25 | $-8.3M | $-2.1M | ||
| Q2 25 | $29.7M | $3.9M | ||
| Q1 25 | $12.8M | $-87.3M | ||
| Q4 24 | — | $432.0K | ||
| Q3 24 | $30.3M | $-5.8M | ||
| Q2 24 | $31.7M | $6.3M |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | — | -36.6% | ||
| Q3 25 | -4.7% | 4.7% | ||
| Q2 25 | 15.0% | 6.2% | ||
| Q1 25 | 7.8% | -97.5% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 16.4% | -0.7% | ||
| Q2 24 | 18.4% | 9.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | -33.5% | ||
| Q3 25 | -3.5% | -2.3% | ||
| Q2 25 | 12.1% | 3.5% | ||
| Q1 25 | 6.3% | -97.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 13.5% | -5.7% | ||
| Q2 24 | 14.6% | 5.2% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-1.75 | ||
| Q3 25 | $-0.36 | $-0.11 | ||
| Q2 25 | $1.23 | $0.20 | ||
| Q1 25 | $0.52 | $-4.62 | ||
| Q4 24 | $1.14 | $0.02 | ||
| Q3 24 | $1.21 | $-0.30 | ||
| Q2 24 | $1.25 | $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 | $169.9M | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $955.7M | $126.5M |
| Total Assets | $3.4B | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $169.9M | — | ||
| Q4 25 | $169.9M | $63.3M | ||
| Q3 25 | $172.4M | $65.1M | ||
| Q2 25 | $78.1M | $67.8M | ||
| Q1 25 | $100.4M | $75.6M | ||
| Q4 24 | $68.4M | $56.1M | ||
| Q3 24 | $173.9M | $62.8M | ||
| Q2 24 | $126.4M | $58.9M |
| Q1 26 | — | — | ||
| Q4 25 | $19.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $955.7M | — | ||
| Q4 25 | $955.7M | $126.5M | ||
| Q3 25 | $1.0B | $157.7M | ||
| Q2 25 | $1.1B | $159.5M | ||
| Q1 25 | $1.1B | $147.4M | ||
| Q4 24 | $1.1B | $229.5M | ||
| Q3 24 | $1.1B | $234.3M | ||
| Q2 24 | $1.0B | $237.1M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $404.0M | ||
| Q3 25 | $3.5B | $414.2M | ||
| Q2 25 | $3.5B | $436.0M | ||
| Q1 25 | $3.6B | $439.8M | ||
| Q4 24 | $3.5B | $503.9M | ||
| Q3 24 | $3.6B | $505.3M | ||
| Q2 24 | $3.5B | $524.2M |
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| 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 | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $44.7M | $-3.2M | ||
| Q3 25 | $29.4M | $1.2M | ||
| Q2 25 | $0 | $-3.6M | ||
| Q1 25 | $14.6M | $26.7M | ||
| Q4 24 | $76.4M | $-1.8M | ||
| Q3 24 | $51.0M | $264.0K | ||
| Q2 24 | $11.7M | $-2.9M |
| Q1 26 | — | — | ||
| Q4 25 | $44.6M | $-4.3M | ||
| Q3 25 | — | $524.0K | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $26.1M | ||
| Q4 24 | $76.3M | $-2.5M | ||
| Q3 24 | — | $-223.0K | ||
| Q2 24 | — | $-3.7M |
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | -4.2% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | -3.8% | ||
| Q1 25 | — | 29.0% | ||
| Q4 24 | 35.2% | -2.3% | ||
| Q3 24 | — | -0.2% | ||
| Q2 24 | — | -3.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 1.1% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 0.0% | 0.6% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.00× | -0.93× | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | — | -4.24× | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 0.37× | -0.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EIG
Segment breakdown not available.
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
