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Side-by-side financial comparison of Envela Corp (ELA) 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 $80.5M, roughly 1.3× Envela Corp). Envela Corp runs the higher net margin — 7.4% vs -33.5%, a 41.0% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs -6.5%). Envela Corp produced more free cash flow last quarter ($-3.7M vs $-4.3M). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs 0.5%).
Envela Corporation is a U.S.-based company that provides recommerce services aimed at extending product lifecycles and reducing resource consumption. The company operates through two primary segments: consumer and commercial.
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.
ELA vs FORR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.5M | $101.1M |
| Net Profit | $6.0M | $-33.9M |
| Gross Margin | 20.5% | 56.7% |
| Operating Margin | 9.4% | -36.6% |
| Net Margin | 7.4% | -33.5% |
| Revenue YoY | 66.6% | -6.5% |
| Net Profit YoY | 274.6% | -7941.4% |
| EPS (diluted) | $0.22 | $-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.
| Q4 25 | $80.5M | $101.1M | ||
| Q3 25 | $57.4M | $94.3M | ||
| Q2 25 | $54.9M | $111.7M | ||
| Q1 25 | $48.3M | $89.9M | ||
| Q4 24 | $48.3M | $108.0M | ||
| Q3 24 | $46.9M | $102.5M | ||
| Q2 24 | $45.3M | $121.8M | ||
| Q1 24 | $39.9M | $100.1M |
| Q4 25 | $6.0M | $-33.9M | ||
| Q3 25 | $3.4M | $-2.1M | ||
| Q2 25 | $2.8M | $3.9M | ||
| Q1 25 | $2.5M | $-87.3M | ||
| Q4 24 | $1.6M | $432.0K | ||
| Q3 24 | $1.7M | $-5.8M | ||
| Q2 24 | $1.6M | $6.3M | ||
| Q1 24 | $1.9M | $-6.7M |
| Q4 25 | 20.5% | 56.7% | ||
| Q3 25 | 22.8% | 60.0% | ||
| Q2 25 | 22.6% | 55.5% | ||
| Q1 25 | 24.8% | 55.9% | ||
| Q4 24 | 23.1% | 58.8% | ||
| Q3 24 | 24.4% | 60.5% | ||
| Q2 24 | 25.1% | 57.3% | ||
| Q1 24 | 25.9% | 54.9% |
| Q4 25 | 9.4% | -36.6% | ||
| Q3 25 | 7.3% | 4.7% | ||
| Q2 25 | 5.9% | 6.2% | ||
| Q1 25 | 6.5% | -97.5% | ||
| Q4 24 | 3.9% | -0.5% | ||
| Q3 24 | 4.3% | -0.7% | ||
| Q2 24 | 4.2% | 9.3% | ||
| Q1 24 | 5.9% | -9.3% |
| Q4 25 | 7.4% | -33.5% | ||
| Q3 25 | 5.8% | -2.3% | ||
| Q2 25 | 5.0% | 3.5% | ||
| Q1 25 | 5.2% | -97.1% | ||
| Q4 24 | 3.3% | 0.4% | ||
| Q3 24 | 3.6% | -5.7% | ||
| Q2 24 | 3.5% | 5.2% | ||
| Q1 24 | 4.8% | -6.7% |
| Q4 25 | $0.22 | $-1.75 | ||
| Q3 25 | $0.13 | $-0.11 | ||
| Q2 25 | $0.11 | $0.20 | ||
| Q1 25 | $0.10 | $-4.62 | ||
| Q4 24 | $0.07 | $0.02 | ||
| Q3 24 | $0.06 | $-0.30 | ||
| Q2 24 | $0.06 | $0.33 | ||
| Q1 24 | $0.07 | $-0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $63.3M |
| Total DebtLower is stronger | $9.9M | — |
| Stockholders' EquityBook value | $67.1M | $126.5M |
| Total Assets | $96.0M | $404.0M |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | $19.8M | $61.4M |
| Q4 25 | $9.9M | — | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $13.2M | — | ||
| Q4 24 | $13.5M | — | ||
| Q3 24 | $13.8M | — | ||
| Q2 24 | $14.3M | — | ||
| Q1 24 | $14.6M | — |
| Q4 25 | $67.1M | $126.5M | ||
| Q3 25 | $61.1M | $157.7M | ||
| Q2 25 | $57.8M | $159.5M | ||
| Q1 25 | $55.1M | $147.4M | ||
| Q4 24 | $52.7M | $229.5M | ||
| Q3 24 | $51.1M | $234.3M | ||
| Q2 24 | $50.2M | $237.1M | ||
| Q1 24 | $49.3M | $230.9M |
| Q4 25 | $96.0M | $404.0M | ||
| Q3 25 | $90.9M | $414.2M | ||
| Q2 25 | $82.7M | $436.0M | ||
| Q1 25 | $79.7M | $439.8M | ||
| Q4 24 | $77.9M | $503.9M | ||
| Q3 24 | $77.4M | $505.3M | ||
| Q2 24 | $73.8M | $524.2M | ||
| Q1 24 | $74.7M | $555.7M |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.30× | — |
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 | $-3.5M | $-3.2M |
| Free Cash FlowOCF − Capex | $-3.7M | $-4.3M |
| FCF MarginFCF / Revenue | -4.6% | -4.2% |
| Capex IntensityCapex / Revenue | 0.2% | 1.1% |
| Cash ConversionOCF / Net Profit | -0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4M | $18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.5M | $-3.2M | ||
| Q3 25 | $2.4M | $1.2M | ||
| Q2 25 | $2.6M | $-3.6M | ||
| Q1 25 | $1.1M | $26.7M | ||
| Q4 24 | $3.7M | $-1.8M | ||
| Q3 24 | $3.4M | $264.0K | ||
| Q2 24 | $-789.5K | $-2.9M | ||
| Q1 24 | $3.8M | $611.0K |
| Q4 25 | $-3.7M | $-4.3M | ||
| Q3 25 | $2.2M | $524.0K | ||
| Q2 25 | $2.1M | $-4.2M | ||
| Q1 25 | $746.6K | $26.1M | ||
| Q4 24 | $3.2M | $-2.5M | ||
| Q3 24 | $1.5M | $-223.0K | ||
| Q2 24 | $-1.3M | $-3.7M | ||
| Q1 24 | $3.3M | $-815.0K |
| Q4 25 | -4.6% | -4.2% | ||
| Q3 25 | 3.8% | 0.6% | ||
| Q2 25 | 3.9% | -3.8% | ||
| Q1 25 | 1.5% | 29.0% | ||
| Q4 24 | 6.7% | -2.3% | ||
| Q3 24 | 3.1% | -0.2% | ||
| Q2 24 | -2.9% | -3.1% | ||
| Q1 24 | 8.4% | -0.8% |
| Q4 25 | 0.2% | 1.1% | ||
| Q3 25 | 0.4% | 0.7% | ||
| Q2 25 | 0.8% | 0.5% | ||
| Q1 25 | 0.8% | 0.7% | ||
| Q4 24 | 1.0% | 0.6% | ||
| Q3 24 | 4.2% | 0.5% | ||
| Q2 24 | 1.1% | 0.7% | ||
| Q1 24 | 1.1% | 1.4% |
| Q4 25 | -0.59× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.94× | -0.93× | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 2.34× | -4.24× | ||
| Q3 24 | 2.05× | — | ||
| Q2 24 | -0.50× | -0.46× | ||
| Q1 24 | 1.99× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELA
| Consumer Segment | $67.7M | 84% |
| Commercial Segment | $12.8M | 16% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
