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Side-by-side financial comparison of FORRESTER RESEARCH, INC. (FORR) and PEAPACK GLADSTONE FINANCIAL CORP (PGC). 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× PEAPACK GLADSTONE FINANCIAL CORP). PEAPACK GLADSTONE FINANCIAL CORP runs the higher net margin — 15.5% vs -33.5%, a 49.1% gap on every dollar of revenue. On growth, PEAPACK GLADSTONE FINANCIAL CORP posted the faster year-over-year revenue change (26.5% vs -6.5%). PEAPACK GLADSTONE FINANCIAL CORP produced more free cash flow last quarter ($28.8M vs $-4.3M). Over the past eight quarters, PEAPACK GLADSTONE FINANCIAL CORP's revenue compounded faster (21.4% 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.

Peapack Gladstone Financial Corp is a U.S.-based regional financial holding company that provides commercial and consumer banking, wealth management, private banking, lending solutions, and trust services, primarily serving individual and small-to-medium business clients across New Jersey and the surrounding U.S. Northeast region.

FORR vs PGC — Head-to-Head

Bigger by revenue
FORR
FORR
1.3× larger
FORR
$101.1M
$78.2M
PGC
Growing faster (revenue YoY)
PGC
PGC
+32.9% gap
PGC
26.5%
-6.5%
FORR
Higher net margin
PGC
PGC
49.1% more per $
PGC
15.5%
-33.5%
FORR
More free cash flow
PGC
PGC
$33.1M more FCF
PGC
$28.8M
$-4.3M
FORR
Faster 2-yr revenue CAGR
PGC
PGC
Annualised
PGC
21.4%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FORR
FORR
PGC
PGC
Revenue
$101.1M
$78.2M
Net Profit
$-33.9M
$12.2M
Gross Margin
56.7%
Operating Margin
-36.6%
21.7%
Net Margin
-33.5%
15.5%
Revenue YoY
-6.5%
26.5%
Net Profit YoY
-7941.4%
31.6%
EPS (diluted)
$-1.75
$0.68

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
PGC
PGC
Q4 25
$101.1M
$78.2M
Q3 25
$94.3M
$70.7M
Q2 25
$111.7M
$69.7M
Q1 25
$89.9M
$64.4M
Q4 24
$108.0M
$61.8M
Q3 24
$102.5M
$56.6M
Q2 24
$121.8M
$56.6M
Q1 24
$100.1M
$53.1M
Net Profit
FORR
FORR
PGC
PGC
Q4 25
$-33.9M
$12.2M
Q3 25
$-2.1M
$9.6M
Q2 25
$3.9M
$7.9M
Q1 25
$-87.3M
$7.6M
Q4 24
$432.0K
$9.2M
Q3 24
$-5.8M
$7.6M
Q2 24
$6.3M
$7.5M
Q1 24
$-6.7M
$8.6M
Gross Margin
FORR
FORR
PGC
PGC
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
PGC
PGC
Q4 25
-36.6%
21.7%
Q3 25
4.7%
19.2%
Q2 25
6.2%
16.1%
Q1 25
-97.5%
16.2%
Q4 24
-0.5%
19.8%
Q3 24
-0.7%
19.0%
Q2 24
9.3%
16.9%
Q1 24
-9.3%
23.4%
Net Margin
FORR
FORR
PGC
PGC
Q4 25
-33.5%
15.5%
Q3 25
-2.3%
13.6%
Q2 25
3.5%
11.4%
Q1 25
-97.1%
11.8%
Q4 24
0.4%
14.9%
Q3 24
-5.7%
13.4%
Q2 24
5.2%
13.3%
Q1 24
-6.7%
16.3%
EPS (diluted)
FORR
FORR
PGC
PGC
Q4 25
$-1.75
$0.68
Q3 25
$-0.11
$0.54
Q2 25
$0.20
$0.45
Q1 25
$-4.62
$0.43
Q4 24
$0.02
$0.52
Q3 24
$-0.30
$0.43
Q2 24
$0.33
$0.42
Q1 24
$-0.35
$0.48

Balance Sheet & Financial Strength

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

Metric
FORR
FORR
PGC
PGC
Cash + ST InvestmentsLiquidity on hand
$63.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.5M
$658.2M
Total Assets
$404.0M
$7.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORR
FORR
PGC
PGC
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
$61.4M
Stockholders' Equity
FORR
FORR
PGC
PGC
Q4 25
$126.5M
$658.2M
Q3 25
$157.7M
$642.5M
Q2 25
$159.5M
$629.8M
Q1 25
$147.4M
$621.9M
Q4 24
$229.5M
$605.8M
Q3 24
$234.3M
$607.6M
Q2 24
$237.1M
$588.3M
Q1 24
$230.9M
$582.4M
Total Assets
FORR
FORR
PGC
PGC
Q4 25
$404.0M
$7.5B
Q3 25
$414.2M
$7.4B
Q2 25
$436.0M
$7.2B
Q1 25
$439.8M
$7.1B
Q4 24
$503.9M
$7.0B
Q3 24
$505.3M
$6.8B
Q2 24
$524.2M
$6.5B
Q1 24
$555.7M
$6.4B

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
PGC
PGC
Operating Cash FlowLast quarter
$-3.2M
$43.1M
Free Cash FlowOCF − Capex
$-4.3M
$28.8M
FCF MarginFCF / Revenue
-4.2%
36.8%
Capex IntensityCapex / Revenue
1.1%
18.3%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$18.1M
$61.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORR
FORR
PGC
PGC
Q4 25
$-3.2M
$43.1M
Q3 25
$1.2M
$36.2M
Q2 25
$-3.6M
$15.9M
Q1 25
$26.7M
$-7.9M
Q4 24
$-1.8M
$71.1M
Q3 24
$264.0K
$24.7M
Q2 24
$-2.9M
$852.0K
Q1 24
$611.0K
$19.1M
Free Cash Flow
FORR
FORR
PGC
PGC
Q4 25
$-4.3M
$28.8M
Q3 25
$524.0K
$34.0M
Q2 25
$-4.2M
$9.9M
Q1 25
$26.1M
$-11.5M
Q4 24
$-2.5M
$63.0M
Q3 24
$-223.0K
$23.0M
Q2 24
$-3.7M
$-431.0K
Q1 24
$-815.0K
$18.0M
FCF Margin
FORR
FORR
PGC
PGC
Q4 25
-4.2%
36.8%
Q3 25
0.6%
48.1%
Q2 25
-3.8%
14.2%
Q1 25
29.0%
-17.8%
Q4 24
-2.3%
101.9%
Q3 24
-0.2%
40.6%
Q2 24
-3.1%
-0.8%
Q1 24
-0.8%
33.9%
Capex Intensity
FORR
FORR
PGC
PGC
Q4 25
1.1%
18.3%
Q3 25
0.7%
3.1%
Q2 25
0.5%
8.6%
Q1 25
0.7%
5.6%
Q4 24
0.6%
13.1%
Q3 24
0.5%
3.0%
Q2 24
0.7%
2.3%
Q1 24
1.4%
2.1%
Cash Conversion
FORR
FORR
PGC
PGC
Q4 25
3.55×
Q3 25
3.76×
Q2 25
-0.93×
2.01×
Q1 25
-1.04×
Q4 24
-4.24×
7.70×
Q3 24
3.25×
Q2 24
-0.46×
0.11×
Q1 24
2.21×

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%

PGC
PGC

Banking Segment$61.4M79%
Wealth Management Division$13.9M18%
Other$2.9M4%

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