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

FORRESTER RESEARCH, INC. is the larger business by last-quarter revenue ($101.1M vs $97.8M, roughly 1.0× URBAN ONE, INC.). FORRESTER RESEARCH, INC. runs the higher net margin — -33.5% vs -55.6%, a 22.1% gap on every dollar of revenue. On growth, FORRESTER RESEARCH, INC. posted the faster year-over-year revenue change (-6.5% vs -16.5%). FORRESTER RESEARCH, INC. produced more free cash flow last quarter ($-4.3M vs $-7.2M). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -3.2%).

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.

Urban One, Inc. is an American media conglomerate based in Silver Spring, Maryland. Founded in 1980 by Cathy Hughes, the company primarily operates media properties targeting African Americans.

FORR vs UONE — Head-to-Head

Bigger by revenue
FORR
FORR
1.0× larger
FORR
$101.1M
$97.8M
UONE
Growing faster (revenue YoY)
FORR
FORR
+10.0% gap
FORR
-6.5%
-16.5%
UONE
Higher net margin
FORR
FORR
22.1% more per $
FORR
-33.5%
-55.6%
UONE
More free cash flow
FORR
FORR
$2.9M more FCF
FORR
$-4.3M
$-7.2M
UONE
Faster 2-yr revenue CAGR
FORR
FORR
Annualised
FORR
0.5%
-3.2%
UONE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FORR
FORR
UONE
UONE
Revenue
$101.1M
$97.8M
Net Profit
$-33.9M
$-54.4M
Gross Margin
56.7%
Operating Margin
-36.6%
-55.2%
Net Margin
-33.5%
-55.6%
Revenue YoY
-6.5%
-16.5%
Net Profit YoY
-7941.4%
-52.5%
EPS (diluted)
$-1.75
$-30.88

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
UONE
UONE
Q4 25
$101.1M
$97.8M
Q3 25
$94.3M
$92.7M
Q2 25
$111.7M
$91.6M
Q1 25
$89.9M
$92.2M
Q4 24
$108.0M
$117.1M
Q3 24
$102.5M
$110.4M
Q2 24
$121.8M
$117.7M
Q1 24
$100.1M
$104.4M
Net Profit
FORR
FORR
UONE
UONE
Q4 25
$-33.9M
$-54.4M
Q3 25
$-2.1M
$-2.8M
Q2 25
$3.9M
$-77.9M
Q1 25
$-87.3M
$-11.7M
Q4 24
$432.0K
$-35.7M
Q3 24
$-5.8M
$-31.8M
Q2 24
$6.3M
$-45.4M
Q1 24
$-6.7M
$7.5M
Gross Margin
FORR
FORR
UONE
UONE
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
UONE
UONE
Q4 25
-36.6%
-55.2%
Q3 25
4.7%
2.7%
Q2 25
6.2%
-131.7%
Q1 25
-97.5%
2.3%
Q4 24
-0.5%
-1.6%
Q3 24
-0.7%
-23.7%
Q2 24
9.3%
-51.3%
Q1 24
-9.3%
12.3%
Net Margin
FORR
FORR
UONE
UONE
Q4 25
-33.5%
-55.6%
Q3 25
-2.3%
-3.1%
Q2 25
3.5%
-85.0%
Q1 25
-97.1%
-12.7%
Q4 24
0.4%
-30.4%
Q3 24
-5.7%
-28.8%
Q2 24
5.2%
-38.6%
Q1 24
-6.7%
7.2%
EPS (diluted)
FORR
FORR
UONE
UONE
Q4 25
$-1.75
$-30.88
Q3 25
$-0.11
$-0.06
Q2 25
$0.20
$-1.74
Q1 25
$-4.62
$-0.26
Q4 24
$0.02
$-20.76
Q3 24
$-0.30
$-0.68
Q2 24
$0.33
$-0.94
Q1 24
$-0.35
$0.15

Balance Sheet & Financial Strength

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

Metric
FORR
FORR
UONE
UONE
Cash + ST InvestmentsLiquidity on hand
$63.3M
$25.5M
Total DebtLower is stronger
$429.7M
Stockholders' EquityBook value
$126.5M
$24.6M
Total Assets
$404.0M
$593.0M
Debt / EquityLower = less leverage
17.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORR
FORR
UONE
UONE
Q4 25
$63.3M
$25.5M
Q3 25
$65.1M
$79.3M
Q2 25
$67.8M
$85.7M
Q1 25
$75.6M
$115.1M
Q4 24
$56.1M
$137.1M
Q3 24
$62.8M
$115.0M
Q2 24
$58.9M
$131.9M
Q1 24
$61.4M
$155.3M
Total Debt
FORR
FORR
UONE
UONE
Q4 25
$429.7M
Q3 25
$484.3M
Q2 25
$488.4M
Q1 25
$551.5M
Q4 24
$579.1M
Q3 24
$593.9M
Q2 24
$607.9M
Q1 24
$650.0M
Stockholders' Equity
FORR
FORR
UONE
UONE
Q4 25
$126.5M
$24.6M
Q3 25
$157.7M
$78.8M
Q2 25
$159.5M
$82.2M
Q1 25
$147.4M
$159.2M
Q4 24
$229.5M
$170.9M
Q3 24
$234.3M
$204.8M
Q2 24
$237.1M
$239.4M
Q1 24
$230.9M
$285.2M
Total Assets
FORR
FORR
UONE
UONE
Q4 25
$404.0M
$593.0M
Q3 25
$414.2M
$723.5M
Q2 25
$436.0M
$729.2M
Q1 25
$439.8M
$890.6M
Q4 24
$503.9M
$944.8M
Q3 24
$505.3M
$962.6M
Q2 24
$524.2M
$1.0B
Q1 24
$555.7M
$1.1B
Debt / Equity
FORR
FORR
UONE
UONE
Q4 25
17.47×
Q3 25
6.14×
Q2 25
5.94×
Q1 25
3.46×
Q4 24
3.39×
Q3 24
2.90×
Q2 24
2.54×
Q1 24
2.28×

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
UONE
UONE
Operating Cash FlowLast quarter
$-3.2M
$-4.0M
Free Cash FlowOCF − Capex
$-4.3M
$-7.2M
FCF MarginFCF / Revenue
-4.2%
-7.3%
Capex IntensityCapex / Revenue
1.1%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.1M
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORR
FORR
UONE
UONE
Q4 25
$-3.2M
$-4.0M
Q3 25
$1.2M
$-161.0K
Q2 25
$-3.6M
$6.2M
Q1 25
$26.7M
$2.1M
Q4 24
$-1.8M
$35.6M
Q3 24
$264.0K
$-1.8M
Q2 24
$-2.9M
$6.2M
Q1 24
$611.0K
$-2.5M
Free Cash Flow
FORR
FORR
UONE
UONE
Q4 25
$-4.3M
$-7.2M
Q3 25
$524.0K
$-3.3M
Q2 25
$-4.2M
$5.0M
Q1 25
$26.1M
$-462.0K
Q4 24
$-2.5M
$34.1M
Q3 24
$-223.0K
$-3.5M
Q2 24
$-3.7M
$3.9M
Q1 24
$-815.0K
$-4.3M
FCF Margin
FORR
FORR
UONE
UONE
Q4 25
-4.2%
-7.3%
Q3 25
0.6%
-3.5%
Q2 25
-3.8%
5.4%
Q1 25
29.0%
-0.5%
Q4 24
-2.3%
29.1%
Q3 24
-0.2%
-3.1%
Q2 24
-3.1%
3.3%
Q1 24
-0.8%
-4.1%
Capex Intensity
FORR
FORR
UONE
UONE
Q4 25
1.1%
3.3%
Q3 25
0.7%
3.3%
Q2 25
0.5%
1.3%
Q1 25
0.7%
2.8%
Q4 24
0.6%
1.3%
Q3 24
0.5%
1.5%
Q2 24
0.7%
1.9%
Q1 24
1.4%
1.7%
Cash Conversion
FORR
FORR
UONE
UONE
Q4 25
Q3 25
Q2 25
-0.93×
Q1 25
Q4 24
-4.24×
Q3 24
Q2 24
-0.46×
Q1 24
-0.33×

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%

UONE
UONE

Radio Advertising$31.7M32%
Cable Television Advertising$18.3M19%
Cable Television Affiliate Fees$16.5M17%
Digital Advertising$14.7M15%
Reach Media Segment$13.8M14%
Event Revenues And Other$2.6M3%

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