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Side-by-side financial comparison of FORRESTER RESEARCH, INC. (FORR) and POWER INTEGRATIONS INC (POWI). Click either name above to swap in a different company.

POWER INTEGRATIONS INC is the larger business by last-quarter revenue ($103.2M vs $101.1M, roughly 1.0× FORRESTER RESEARCH, INC.). POWER INTEGRATIONS INC runs the higher net margin — 12.9% vs -33.5%, a 46.4% gap on every dollar of revenue. On growth, POWER INTEGRATIONS INC posted the faster year-over-year revenue change (-1.9% vs -6.5%). POWER INTEGRATIONS INC produced more free cash flow last quarter ($19.2M vs $-4.3M). Over the past eight quarters, POWER INTEGRATIONS INC's revenue compounded faster (6.1% 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.

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

FORR vs POWI — Head-to-Head

Bigger by revenue
POWI
POWI
1.0× larger
POWI
$103.2M
$101.1M
FORR
Growing faster (revenue YoY)
POWI
POWI
+4.5% gap
POWI
-1.9%
-6.5%
FORR
Higher net margin
POWI
POWI
46.4% more per $
POWI
12.9%
-33.5%
FORR
More free cash flow
POWI
POWI
$23.4M more FCF
POWI
$19.2M
$-4.3M
FORR
Faster 2-yr revenue CAGR
POWI
POWI
Annualised
POWI
6.1%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FORR
FORR
POWI
POWI
Revenue
$101.1M
$103.2M
Net Profit
$-33.9M
$13.3M
Gross Margin
56.7%
52.9%
Operating Margin
-36.6%
8.5%
Net Margin
-33.5%
12.9%
Revenue YoY
-6.5%
-1.9%
Net Profit YoY
-7941.4%
45.4%
EPS (diluted)
$-1.75
$0.24

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
POWI
POWI
Q4 25
$101.1M
$103.2M
Q3 25
$94.3M
$118.9M
Q2 25
$111.7M
$115.9M
Q1 25
$89.9M
$105.5M
Q4 24
$108.0M
$105.3M
Q3 24
$102.5M
$115.8M
Q2 24
$121.8M
$106.2M
Q1 24
$100.1M
$91.7M
Net Profit
FORR
FORR
POWI
POWI
Q4 25
$-33.9M
$13.3M
Q3 25
$-2.1M
$-1.4M
Q2 25
$3.9M
$1.4M
Q1 25
$-87.3M
$8.8M
Q4 24
$432.0K
$9.1M
Q3 24
$-5.8M
$14.3M
Q2 24
$6.3M
$4.8M
Q1 24
$-6.7M
$4.0M
Gross Margin
FORR
FORR
POWI
POWI
Q4 25
56.7%
52.9%
Q3 25
60.0%
54.5%
Q2 25
55.5%
55.2%
Q1 25
55.9%
55.2%
Q4 24
58.8%
54.4%
Q3 24
60.5%
54.5%
Q2 24
57.3%
53.2%
Q1 24
54.9%
52.1%
Operating Margin
FORR
FORR
POWI
POWI
Q4 25
-36.6%
8.5%
Q3 25
4.7%
-3.3%
Q2 25
6.2%
-1.2%
Q1 25
-97.5%
6.4%
Q4 24
-0.5%
3.7%
Q3 24
-0.7%
10.0%
Q2 24
9.3%
1.8%
Q1 24
-9.3%
0.5%
Net Margin
FORR
FORR
POWI
POWI
Q4 25
-33.5%
12.9%
Q3 25
-2.3%
-1.1%
Q2 25
3.5%
1.2%
Q1 25
-97.1%
8.3%
Q4 24
0.4%
8.7%
Q3 24
-5.7%
12.3%
Q2 24
5.2%
4.6%
Q1 24
-6.7%
4.3%
EPS (diluted)
FORR
FORR
POWI
POWI
Q4 25
$-1.75
$0.24
Q3 25
$-0.11
$-0.02
Q2 25
$0.20
$0.02
Q1 25
$-4.62
$0.15
Q4 24
$0.02
$0.15
Q3 24
$-0.30
$0.25
Q2 24
$0.33
$0.09
Q1 24
$-0.35
$0.07

Balance Sheet & Financial Strength

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

Metric
FORR
FORR
POWI
POWI
Cash + ST InvestmentsLiquidity on hand
$63.3M
$249.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.5M
$672.8M
Total Assets
$404.0M
$772.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORR
FORR
POWI
POWI
Q4 25
$63.3M
$249.5M
Q3 25
$65.1M
$241.9M
Q2 25
$67.8M
$268.7M
Q1 25
$75.6M
$289.3M
Q4 24
$56.1M
$300.0M
Q3 24
$62.8M
$303.8M
Q2 24
$58.9M
$290.5M
Q1 24
$61.4M
$299.6M
Stockholders' Equity
FORR
FORR
POWI
POWI
Q4 25
$126.5M
$672.8M
Q3 25
$157.7M
$672.0M
Q2 25
$159.5M
$703.8M
Q1 25
$147.4M
$735.8M
Q4 24
$229.5M
$749.8M
Q3 24
$234.3M
$749.2M
Q2 24
$237.1M
$730.7M
Q1 24
$230.9M
$738.2M
Total Assets
FORR
FORR
POWI
POWI
Q4 25
$404.0M
$772.2M
Q3 25
$414.2M
$772.5M
Q2 25
$436.0M
$797.5M
Q1 25
$439.8M
$814.4M
Q4 24
$503.9M
$828.8M
Q3 24
$505.3M
$825.0M
Q2 24
$524.2M
$804.8M
Q1 24
$555.7M
$805.8M

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
POWI
POWI
Operating Cash FlowLast quarter
$-3.2M
$26.2M
Free Cash FlowOCF − Capex
$-4.3M
$19.2M
FCF MarginFCF / Revenue
-4.2%
18.6%
Capex IntensityCapex / Revenue
1.1%
6.8%
Cash ConversionOCF / Net Profit
1.97×
TTM Free Cash FlowTrailing 4 quarters
$18.1M
$87.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORR
FORR
POWI
POWI
Q4 25
$-3.2M
$26.2M
Q3 25
$1.2M
$29.9M
Q2 25
$-3.6M
$29.1M
Q1 25
$26.7M
$26.4M
Q4 24
$-1.8M
$14.7M
Q3 24
$264.0K
$32.9M
Q2 24
$-2.9M
$17.6M
Q1 24
$611.0K
$15.9M
Free Cash Flow
FORR
FORR
POWI
POWI
Q4 25
$-4.3M
$19.2M
Q3 25
$524.0K
$24.2M
Q2 25
$-4.2M
$23.1M
Q1 25
$26.1M
$20.7M
Q4 24
$-2.5M
$11.7M
Q3 24
$-223.0K
$27.2M
Q2 24
$-3.7M
$13.5M
Q1 24
$-815.0K
$11.6M
FCF Margin
FORR
FORR
POWI
POWI
Q4 25
-4.2%
18.6%
Q3 25
0.6%
20.3%
Q2 25
-3.8%
20.0%
Q1 25
29.0%
19.6%
Q4 24
-2.3%
11.1%
Q3 24
-0.2%
23.5%
Q2 24
-3.1%
12.7%
Q1 24
-0.8%
12.6%
Capex Intensity
FORR
FORR
POWI
POWI
Q4 25
1.1%
6.8%
Q3 25
0.7%
4.8%
Q2 25
0.5%
5.1%
Q1 25
0.7%
5.4%
Q4 24
0.6%
2.9%
Q3 24
0.5%
4.9%
Q2 24
0.7%
3.9%
Q1 24
1.4%
4.7%
Cash Conversion
FORR
FORR
POWI
POWI
Q4 25
1.97×
Q3 25
Q2 25
-0.93×
21.24×
Q1 25
3.00×
Q4 24
-4.24×
1.61×
Q3 24
2.30×
Q2 24
-0.46×
3.64×
Q1 24
4.02×

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%

POWI
POWI

Distributors$65.8M64%
Other$10.3M10%
KR$9.3M9%
DE$7.1M7%
TW$5.5M5%
Emea Other Than Germany$5.3M5%

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