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Side-by-side financial comparison of FORRESTER RESEARCH, INC. (FORR) and Genie Energy Ltd. (GNE). Click either name above to swap in a different company.

Genie Energy Ltd. is the larger business by last-quarter revenue ($138.3M vs $101.1M, roughly 1.4× FORRESTER RESEARCH, INC.). Genie Energy Ltd. runs the higher net margin — 4.9% vs -33.5%, a 38.4% gap on every dollar of revenue. On growth, Genie Energy Ltd. posted the faster year-over-year revenue change (23.6% vs -6.5%). Over the past eight quarters, Genie Energy Ltd.'s revenue compounded faster (14.8% CAGR vs 0.5%).

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.

Genie Energy Ltd. is an American energy company headquartered in Newark, New Jersey. It is a holding company comprising Genie Retail Energy, Genie Retail Energy International, Genie Energy Services, and Genie Energy Oil and Gas. Michael Stein is the Chief Executive Officer, Genie Energy Ltd.

FORR vs GNE — Head-to-Head

Bigger by revenue
GNE
GNE
1.4× larger
GNE
$138.3M
$101.1M
FORR
Growing faster (revenue YoY)
GNE
GNE
+30.1% gap
GNE
23.6%
-6.5%
FORR
Higher net margin
GNE
GNE
38.4% more per $
GNE
4.9%
-33.5%
FORR
Faster 2-yr revenue CAGR
GNE
GNE
Annualised
GNE
14.8%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FORR
FORR
GNE
GNE
Revenue
$101.1M
$138.3M
Net Profit
$-33.9M
$6.7M
Gross Margin
56.7%
21.7%
Operating Margin
-36.6%
5.0%
Net Margin
-33.5%
4.9%
Revenue YoY
-6.5%
23.6%
Net Profit YoY
-7941.4%
-33.9%
EPS (diluted)
$-1.75
$0.26

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
FORR
FORR
GNE
GNE
Q4 25
$101.1M
Q3 25
$94.3M
$138.3M
Q2 25
$111.7M
$105.3M
Q1 25
$89.9M
$136.8M
Q4 24
$108.0M
$102.9M
Q3 24
$102.5M
$111.9M
Q2 24
$121.8M
$90.7M
Q1 24
$100.1M
$119.7M
Net Profit
FORR
FORR
GNE
GNE
Q4 25
$-33.9M
Q3 25
$-2.1M
$6.7M
Q2 25
$3.9M
$2.8M
Q1 25
$-87.3M
$10.3M
Q4 24
$432.0K
$-15.3M
Q3 24
$-5.8M
$10.2M
Q2 24
$6.3M
$9.6M
Q1 24
$-6.7M
$8.1M
Gross Margin
FORR
FORR
GNE
GNE
Q4 25
56.7%
Q3 25
60.0%
21.7%
Q2 25
55.5%
22.3%
Q1 25
55.9%
27.3%
Q4 24
58.8%
32.5%
Q3 24
60.5%
33.9%
Q2 24
57.3%
36.8%
Q1 24
54.9%
28.2%
Operating Margin
FORR
FORR
GNE
GNE
Q4 25
-36.6%
Q3 25
4.7%
5.0%
Q2 25
6.2%
1.9%
Q1 25
-97.5%
9.4%
Q4 24
-0.5%
-20.2%
Q3 24
-0.7%
10.4%
Q2 24
9.3%
11.6%
Q1 24
-9.3%
8.2%
Net Margin
FORR
FORR
GNE
GNE
Q4 25
-33.5%
Q3 25
-2.3%
4.9%
Q2 25
3.5%
2.7%
Q1 25
-97.1%
7.5%
Q4 24
0.4%
-14.9%
Q3 24
-5.7%
9.1%
Q2 24
5.2%
10.6%
Q1 24
-6.7%
6.8%
EPS (diluted)
FORR
FORR
GNE
GNE
Q4 25
$-1.75
Q3 25
$-0.11
$0.26
Q2 25
$0.20
$0.11
Q1 25
$-4.62
$0.40
Q4 24
$0.02
$-0.58
Q3 24
$-0.30
$0.38
Q2 24
$0.33
$0.36
Q1 24
$-0.35
$0.30

Balance Sheet & Financial Strength

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

Metric
FORR
FORR
GNE
GNE
Cash + ST InvestmentsLiquidity on hand
$63.3M
$109.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.5M
$198.8M
Total Assets
$404.0M
$394.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORR
FORR
GNE
GNE
Q4 25
$63.3M
Q3 25
$65.1M
$109.8M
Q2 25
$67.8M
$106.0M
Q1 25
$75.6M
$118.3M
Q4 24
$56.1M
$110.1M
Q3 24
$62.8M
$141.8M
Q2 24
$58.9M
$126.8M
Q1 24
$61.4M
$106.9M
Stockholders' Equity
FORR
FORR
GNE
GNE
Q4 25
$126.5M
Q3 25
$157.7M
$198.8M
Q2 25
$159.5M
$197.0M
Q1 25
$147.4M
$198.0M
Q4 24
$229.5M
$190.5M
Q3 24
$234.3M
$211.1M
Q2 24
$237.1M
$202.1M
Q1 24
$230.9M
$192.9M
Total Assets
FORR
FORR
GNE
GNE
Q4 25
$404.0M
Q3 25
$414.2M
$394.1M
Q2 25
$436.0M
$383.1M
Q1 25
$439.8M
$384.4M
Q4 24
$503.9M
$371.3M
Q3 24
$505.3M
$341.7M
Q2 24
$524.2M
$322.8M
Q1 24
$555.7M
$328.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FORR
FORR
GNE
GNE
Operating Cash FlowLast quarter
$-3.2M
$13.9M
Free Cash FlowOCF − Capex
$-4.3M
FCF MarginFCF / Revenue
-4.2%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.07×
TTM Free Cash FlowTrailing 4 quarters
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORR
FORR
GNE
GNE
Q4 25
$-3.2M
Q3 25
$1.2M
$13.9M
Q2 25
$-3.6M
$1.1M
Q1 25
$26.7M
$15.3M
Q4 24
$-1.8M
$13.0M
Q3 24
$264.0K
$24.4M
Q2 24
$-2.9M
$20.4M
Q1 24
$611.0K
$12.9M
Free Cash Flow
FORR
FORR
GNE
GNE
Q4 25
$-4.3M
Q3 25
$524.0K
Q2 25
$-4.2M
Q1 25
$26.1M
$13.6M
Q4 24
$-2.5M
Q3 24
$-223.0K
$21.9M
Q2 24
$-3.7M
$20.1M
Q1 24
$-815.0K
$11.7M
FCF Margin
FORR
FORR
GNE
GNE
Q4 25
-4.2%
Q3 25
0.6%
Q2 25
-3.8%
Q1 25
29.0%
9.9%
Q4 24
-2.3%
Q3 24
-0.2%
19.6%
Q2 24
-3.1%
22.1%
Q1 24
-0.8%
9.8%
Capex Intensity
FORR
FORR
GNE
GNE
Q4 25
1.1%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
0.7%
1.3%
Q4 24
0.6%
Q3 24
0.5%
2.2%
Q2 24
0.7%
0.4%
Q1 24
1.4%
1.0%
Cash Conversion
FORR
FORR
GNE
GNE
Q4 25
Q3 25
2.07×
Q2 25
-0.93×
0.40×
Q1 25
1.49×
Q4 24
-4.24×
Q3 24
2.39×
Q2 24
-0.46×
2.12×
Q1 24
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FORR
FORR

Research Segment$82.2M81%
Consulting Segment$16.2M16%
Billable Expenses$1.5M2%
Professional Services$1.4M1%

GNE
GNE

Sales Channel Directly To Consumer$108.8M79%
Sales Channel Through Intermediary$23.5M17%
Genie Renewables GREW$6.0M4%

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