vs
Side-by-side financial comparison of FORRESTER RESEARCH, INC. (FORR) and TRICO BANCSHARES (TCBK). Click either name above to swap in a different company.
TRICO BANCSHARES is the larger business by last-quarter revenue ($109.4M vs $101.1M, roughly 1.1× FORRESTER RESEARCH, INC.). TRICO BANCSHARES runs the higher net margin — 251.6% vs -33.5%, a 285.2% gap on every dollar of revenue. On growth, TRICO BANCSHARES posted the faster year-over-year revenue change (9.0% vs -6.5%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $-4.3M). Over the past eight quarters, TRICO BANCSHARES 's revenue compounded faster (5.4% 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.
Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.
FORR vs TCBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $101.1M | $109.4M |
| Net Profit | $-33.9M | $33.6M |
| Gross Margin | 56.7% | — |
| Operating Margin | -36.6% | 42.6% |
| Net Margin | -33.5% | 251.6% |
| Revenue YoY | -6.5% | 9.0% |
| Net Profit YoY | -7941.4% | 15.8% |
| EPS (diluted) | $-1.75 | $1.02 |
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.
| Q4 25 | $101.1M | $109.4M | ||
| Q3 25 | $94.3M | $107.6M | ||
| Q2 25 | $111.7M | $103.6M | ||
| Q1 25 | $89.9M | $98.6M | ||
| Q4 24 | $108.0M | $100.4M | ||
| Q3 24 | $102.5M | $99.1M | ||
| Q2 24 | $121.8M | $97.9M | ||
| Q1 24 | $100.1M | $98.5M |
| Q4 25 | $-33.9M | $33.6M | ||
| Q3 25 | $-2.1M | $34.0M | ||
| Q2 25 | $3.9M | $27.5M | ||
| Q1 25 | $-87.3M | $26.4M | ||
| Q4 24 | $432.0K | $29.0M | ||
| Q3 24 | $-5.8M | $29.1M | ||
| Q2 24 | $6.3M | $29.0M | ||
| Q1 24 | $-6.7M | $27.7M |
| 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% | — |
| Q4 25 | -36.6% | 42.6% | ||
| Q3 25 | 4.7% | 43.2% | ||
| Q2 25 | 6.2% | 36.5% | ||
| Q1 25 | -97.5% | 35.8% | ||
| Q4 24 | -0.5% | 38.7% | ||
| Q3 24 | -0.7% | 39.8% | ||
| Q2 24 | 9.3% | 40.0% | ||
| Q1 24 | -9.3% | 38.3% |
| Q4 25 | -33.5% | 251.6% | ||
| Q3 25 | -2.3% | 31.6% | ||
| Q2 25 | 3.5% | 26.6% | ||
| Q1 25 | -97.1% | 26.7% | ||
| Q4 24 | 0.4% | 221.4% | ||
| Q3 24 | -5.7% | 29.3% | ||
| Q2 24 | 5.2% | 29.7% | ||
| Q1 24 | -6.7% | 28.2% |
| Q4 25 | $-1.75 | $1.02 | ||
| Q3 25 | $-0.11 | $1.04 | ||
| Q2 25 | $0.20 | $0.84 | ||
| Q1 25 | $-4.62 | $0.80 | ||
| Q4 24 | $0.02 | $0.88 | ||
| Q3 24 | $-0.30 | $0.88 | ||
| Q2 24 | $0.33 | $0.87 | ||
| Q1 24 | $-0.35 | $0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.3M | $157.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $126.5M | $1.3B |
| Total Assets | $404.0M | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.3M | $157.0M | ||
| Q3 25 | $65.1M | $298.8M | ||
| Q2 25 | $67.8M | $314.3M | ||
| Q1 25 | $75.6M | $308.3M | ||
| Q4 24 | $56.1M | $145.0M | ||
| Q3 24 | $62.8M | $320.1M | ||
| Q2 24 | $58.9M | $206.6M | ||
| Q1 24 | $61.4M | $82.8M |
| Q4 25 | $126.5M | $1.3B | ||
| Q3 25 | $157.7M | $1.3B | ||
| Q2 25 | $159.5M | $1.3B | ||
| Q1 25 | $147.4M | $1.3B | ||
| Q4 24 | $229.5M | $1.2B | ||
| Q3 24 | $234.3M | $1.2B | ||
| Q2 24 | $237.1M | $1.2B | ||
| Q1 24 | $230.9M | $1.2B |
| Q4 25 | $404.0M | $9.8B | ||
| Q3 25 | $414.2M | $9.9B | ||
| Q2 25 | $436.0M | $9.9B | ||
| Q1 25 | $439.8M | $9.8B | ||
| Q4 24 | $503.9M | $9.7B | ||
| Q3 24 | $505.3M | $9.8B | ||
| Q2 24 | $524.2M | $9.7B | ||
| Q1 24 | $555.7M | $9.8B |
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 | $133.3M |
| Free Cash FlowOCF − Capex | $-4.3M | $127.9M |
| FCF MarginFCF / Revenue | -4.2% | 116.9% |
| Capex IntensityCapex / Revenue | 1.1% | 4.9% |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $18.1M | $222.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.2M | $133.3M | ||
| Q3 25 | $1.2M | $45.1M | ||
| Q2 25 | $-3.6M | $29.2M | ||
| Q1 25 | $26.7M | $24.5M | ||
| Q4 24 | $-1.8M | $109.7M | ||
| Q3 24 | $264.0K | $28.6M | ||
| Q2 24 | $-2.9M | $31.8M | ||
| Q1 24 | $611.0K | $25.1M |
| Q4 25 | $-4.3M | $127.9M | ||
| Q3 25 | $524.0K | $43.2M | ||
| Q2 25 | $-4.2M | $28.2M | ||
| Q1 25 | $26.1M | $22.8M | ||
| Q4 24 | $-2.5M | $105.2M | ||
| Q3 24 | $-223.0K | $27.3M | ||
| Q2 24 | $-3.7M | $30.8M | ||
| Q1 24 | $-815.0K | $24.1M |
| Q4 25 | -4.2% | 116.9% | ||
| Q3 25 | 0.6% | 40.2% | ||
| Q2 25 | -3.8% | 27.2% | ||
| Q1 25 | 29.0% | 23.1% | ||
| Q4 24 | -2.3% | 104.8% | ||
| Q3 24 | -0.2% | 27.6% | ||
| Q2 24 | -3.1% | 31.5% | ||
| Q1 24 | -0.8% | 24.4% |
| Q4 25 | 1.1% | 4.9% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 0.5% | 1.0% | ||
| Q1 25 | 0.7% | 1.7% | ||
| Q4 24 | 0.6% | 4.5% | ||
| Q3 24 | 0.5% | 1.3% | ||
| Q2 24 | 0.7% | 1.0% | ||
| Q1 24 | 1.4% | 1.0% |
| Q4 25 | — | 3.96× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | -0.93× | 1.06× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | -4.24× | 3.78× | ||
| Q3 24 | — | 0.98× | ||
| Q2 24 | -0.46× | 1.10× | ||
| Q1 24 | — | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
TCBK
Segment breakdown not available.
