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Side-by-side financial comparison of FORRESTER RESEARCH, INC. (FORR) and INVESTORS TITLE CO (ITIC). Click either name above to swap in a different company.

FORRESTER RESEARCH, INC. is the larger business by last-quarter revenue ($101.1M vs $69.5M, roughly 1.5× INVESTORS TITLE CO). On growth, INVESTORS TITLE CO posted the faster year-over-year revenue change (-1.6% vs -6.5%). INVESTORS TITLE CO produced more free cash flow last quarter ($25.4M vs $-4.3M). Over the past eight quarters, INVESTORS TITLE CO's revenue compounded faster (14.0% 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.

The Real Estate Title Insurance Company of Philadelphia was the world's first title insurance company.

FORR vs ITIC — Head-to-Head

Bigger by revenue
FORR
FORR
1.5× larger
FORR
$101.1M
$69.5M
ITIC
Growing faster (revenue YoY)
ITIC
ITIC
+4.9% gap
ITIC
-1.6%
-6.5%
FORR
More free cash flow
ITIC
ITIC
$29.7M more FCF
ITIC
$25.4M
$-4.3M
FORR
Faster 2-yr revenue CAGR
ITIC
ITIC
Annualised
ITIC
14.0%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FORR
FORR
ITIC
ITIC
Revenue
$101.1M
$69.5M
Net Profit
$-33.9M
Gross Margin
56.7%
Operating Margin
-36.6%
13.8%
Net Margin
-33.5%
Revenue YoY
-6.5%
-1.6%
Net Profit YoY
-7941.4%
EPS (diluted)
$-1.75
$3.97

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
ITIC
ITIC
Q4 25
$101.1M
$69.5M
Q3 25
$94.3M
$73.0M
Q2 25
$111.7M
$73.6M
Q1 25
$89.9M
$56.6M
Q4 24
$108.0M
$70.6M
Q3 24
$102.5M
$68.8M
Q2 24
$121.8M
$65.4M
Q1 24
$100.1M
$53.5M
Net Profit
FORR
FORR
ITIC
ITIC
Q4 25
$-33.9M
Q3 25
$-2.1M
$12.2M
Q2 25
$3.9M
$12.3M
Q1 25
$-87.3M
$3.2M
Q4 24
$432.0K
Q3 24
$-5.8M
$9.3M
Q2 24
$6.3M
$8.9M
Q1 24
$-6.7M
$4.5M
Gross Margin
FORR
FORR
ITIC
ITIC
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 24
54.9%
Operating Margin
FORR
FORR
ITIC
ITIC
Q4 25
-36.6%
13.8%
Q3 25
4.7%
20.7%
Q2 25
6.2%
21.5%
Q1 25
-97.5%
7.2%
Q4 24
-0.5%
15.3%
Q3 24
-0.7%
16.8%
Q2 24
9.3%
17.2%
Q1 24
-9.3%
10.8%
Net Margin
FORR
FORR
ITIC
ITIC
Q4 25
-33.5%
Q3 25
-2.3%
16.7%
Q2 25
3.5%
16.7%
Q1 25
-97.1%
5.6%
Q4 24
0.4%
Q3 24
-5.7%
13.5%
Q2 24
5.2%
13.6%
Q1 24
-6.7%
8.5%
EPS (diluted)
FORR
FORR
ITIC
ITIC
Q4 25
$-1.75
$3.97
Q3 25
$-0.11
$6.45
Q2 25
$0.20
$6.48
Q1 25
$-4.62
$1.67
Q4 24
$0.02
$4.41
Q3 24
$-0.30
$4.92
Q2 24
$0.33
$4.70
Q1 24
$-0.35
$2.40

Balance Sheet & Financial Strength

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

Metric
FORR
FORR
ITIC
ITIC
Cash + ST InvestmentsLiquidity on hand
$63.3M
$89.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.5M
$268.3M
Total Assets
$404.0M
$363.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORR
FORR
ITIC
ITIC
Q4 25
$63.3M
$89.6M
Q3 25
$65.1M
$110.8M
Q2 25
$67.8M
$90.1M
Q1 25
$75.6M
$81.7M
Q4 24
$56.1M
$83.8M
Q3 24
$62.8M
$112.9M
Q2 24
$58.9M
$111.2M
Q1 24
$61.4M
$135.0M
Stockholders' Equity
FORR
FORR
ITIC
ITIC
Q4 25
$126.5M
$268.3M
Q3 25
$157.7M
$278.0M
Q2 25
$159.5M
$266.2M
Q1 25
$147.4M
$254.4M
Q4 24
$229.5M
$251.8M
Q3 24
$234.3M
$271.3M
Q2 24
$237.1M
$261.8M
Q1 24
$230.9M
$254.0M
Total Assets
FORR
FORR
ITIC
ITIC
Q4 25
$404.0M
$363.1M
Q3 25
$414.2M
$363.3M
Q2 25
$436.0M
$345.8M
Q1 25
$439.8M
$333.8M
Q4 24
$503.9M
$333.6M
Q3 24
$505.3M
$352.0M
Q2 24
$524.2M
$340.3M
Q1 24
$555.7M
$329.5M

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
ITIC
ITIC
Operating Cash FlowLast quarter
$-3.2M
$30.9M
Free Cash FlowOCF − Capex
$-4.3M
$25.4M
FCF MarginFCF / Revenue
-4.2%
36.5%
Capex IntensityCapex / Revenue
1.1%
8.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.1M
$47.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORR
FORR
ITIC
ITIC
Q4 25
$-3.2M
$30.9M
Q3 25
$1.2M
$17.2M
Q2 25
$-3.6M
$8.9M
Q1 25
$26.7M
$-75.0K
Q4 24
$-1.8M
$29.8M
Q3 24
$264.0K
$7.8M
Q2 24
$-2.9M
$8.4M
Q1 24
$611.0K
$1.4M
Free Cash Flow
FORR
FORR
ITIC
ITIC
Q4 25
$-4.3M
$25.4M
Q3 25
$524.0K
$15.8M
Q2 25
$-4.2M
$7.3M
Q1 25
$26.1M
$-1.4M
Q4 24
$-2.5M
$22.4M
Q3 24
$-223.0K
$6.1M
Q2 24
$-3.7M
$6.3M
Q1 24
$-815.0K
$-793.0K
FCF Margin
FORR
FORR
ITIC
ITIC
Q4 25
-4.2%
36.5%
Q3 25
0.6%
21.7%
Q2 25
-3.8%
9.9%
Q1 25
29.0%
-2.5%
Q4 24
-2.3%
31.7%
Q3 24
-0.2%
8.8%
Q2 24
-3.1%
9.7%
Q1 24
-0.8%
-1.5%
Capex Intensity
FORR
FORR
ITIC
ITIC
Q4 25
1.1%
8.0%
Q3 25
0.7%
1.8%
Q2 25
0.5%
2.1%
Q1 25
0.7%
2.4%
Q4 24
0.6%
10.5%
Q3 24
0.5%
2.5%
Q2 24
0.7%
3.2%
Q1 24
1.4%
4.2%
Cash Conversion
FORR
FORR
ITIC
ITIC
Q4 25
Q3 25
1.40×
Q2 25
-0.93×
0.72×
Q1 25
-0.02×
Q4 24
-4.24×
Q3 24
0.84×
Q2 24
-0.46×
0.95×
Q1 24
0.32×

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%

ITIC
ITIC

Segment breakdown not available.

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