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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) 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 $78.2M, roughly 1.3× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -33.5%, a 72.4% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -6.5%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs 0.5%).
Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.
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.
FCPT vs FORR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $101.1M |
| Net Profit | $30.4M | $-33.9M |
| Gross Margin | — | 56.7% |
| Operating Margin | 55.3% | -36.6% |
| Net Margin | 38.8% | -33.5% |
| Revenue YoY | 9.4% | -6.5% |
| Net Profit YoY | 16.0% | -7941.4% |
| EPS (diluted) | $0.28 | $-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 | $78.2M | — | ||
| Q4 25 | $75.7M | $101.1M | ||
| Q3 25 | $74.1M | $94.3M | ||
| Q2 25 | $72.8M | $111.7M | ||
| Q1 25 | $71.5M | $89.9M | ||
| Q4 24 | $68.3M | $108.0M | ||
| Q3 24 | $66.8M | $102.5M | ||
| Q2 24 | $66.5M | $121.8M |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-33.9M | ||
| Q3 25 | $28.8M | $-2.1M | ||
| Q2 25 | $27.9M | $3.9M | ||
| Q1 25 | $26.2M | $-87.3M | ||
| Q4 24 | $26.2M | $432.0K | ||
| Q3 24 | $25.6M | $-5.8M | ||
| Q2 24 | $24.7M | $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 | 55.3% | — | ||
| 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 | 38.8% | — | ||
| Q4 25 | 38.9% | -33.5% | ||
| Q3 25 | 38.9% | -2.3% | ||
| Q2 25 | 38.3% | 3.5% | ||
| Q1 25 | 36.6% | -97.1% | ||
| Q4 24 | 38.3% | 0.4% | ||
| Q3 24 | 38.3% | -5.7% | ||
| Q2 24 | 37.1% | 5.2% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-1.75 | ||
| Q3 25 | $0.28 | $-0.11 | ||
| Q2 25 | $0.28 | $0.20 | ||
| Q1 25 | $0.26 | $-4.62 | ||
| Q4 24 | $0.27 | $0.02 | ||
| Q3 24 | $0.27 | $-0.30 | ||
| Q2 24 | $0.27 | $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 | $29.6M | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $126.5M |
| Total Assets | $3.0B | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $63.3M | ||
| Q3 25 | $6.7M | $65.1M | ||
| Q2 25 | $6.0M | $67.8M | ||
| Q1 25 | $22.3M | $75.6M | ||
| Q4 24 | $4.1M | $56.1M | ||
| Q3 24 | $44.5M | $62.8M | ||
| Q2 24 | $17.2M | $58.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $126.5M | ||
| Q3 25 | $1.5B | $157.7M | ||
| Q2 25 | $1.5B | $159.5M | ||
| Q1 25 | $1.4B | $147.4M | ||
| Q4 24 | $1.5B | $229.5M | ||
| Q3 24 | $1.4B | $234.3M | ||
| Q2 24 | $1.3B | $237.1M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $404.0M | ||
| Q3 25 | $2.8B | $414.2M | ||
| Q2 25 | $2.8B | $436.0M | ||
| Q1 25 | $2.7B | $439.8M | ||
| Q4 24 | $2.7B | $503.9M | ||
| Q3 24 | $2.6B | $505.3M | ||
| Q2 24 | $2.5B | $524.2M |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.84× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.92× | — |
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 | $192.3M | $-3.2M | ||
| Q3 25 | $48.9M | $1.2M | ||
| Q2 25 | $43.8M | $-3.6M | ||
| Q1 25 | $51.6M | $26.7M | ||
| Q4 24 | $144.1M | $-1.8M | ||
| Q3 24 | $43.4M | $264.0K | ||
| Q2 24 | $39.7M | $-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 | — | — | ||
| 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 | 6.53× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.57× | -0.93× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 5.51× | -4.24× | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.61× | -0.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCPT
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
