ForgeRock, Inc. FORG

23.21 0.00 0.00% as of 12 Jun
Market cap
$2.0B
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 47.55%

Capital & Financial Ratios

Market Cap 1,950.61
Revenue 243.17
Net Income (81.65)
Free Cash Flow (40.44)
Net Debt (282.03)
Current Ratio 3.61
Debt/Equity 0.14
P/E ratio 0.00
P/S ratio 8.47
P/B ratio 7.13
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2020 2021 2022 Q'23
Cash 100 370 336 322
Receivables 35 56 71 51
Inventory — — — —
Other 11 20 25 26
156 464 457 421
2020 2021 2022 Q'23
Payables 1 2 5 6
ST’ Debt 0 2 2 —
Other 9 2 3 2
79 101 126 117
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 27.68%
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue

Mar Jun Sep Dec Year
’26 63 58 — — —
’22 48 48 58 64 218
’21 41 44 44 48 177
’20 — 29 32 40 128
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (4) (15) — — —
’22 (4) (20) (6) (14) (45)
’21 (7) (22) (2) (5) (37)
’20 — — (25) (5) (30)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (5) (15) — — —
’22 (5) (21) (7) (14) (47)
’21 (7) (22) (2) (6) (38)
’20 — — (26) (5) (30)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.29) (0.32) — — —
’22 (0.20) (0.26) (0.13) (0.19) (0.78)
’21 (0.41) (0.40) (0.44) (0.15) (1.14)
’20 — (0.10) (0.32) 0.02 (1.74)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
— — — — — — — — — —

Analyst estimates 2023–2025

Powerpack
Low Price
— — — — — — — — — —
High Price
— — — — — — — 758 786 923
Employees
— — — — — — 0 0 0 0
Revenue/Emp
— — — — — — 104 128 177 218
Revenue
— — — — — — 83.70% 83.29% 81.39% 81.82%
Gross Margin
— — — — — — (39) (41) (47) (65)
EBT
— — — — — — (37.22%) (32.30%) (26.50%) (29.70%)
EBT Margin
— — — — 0 — (37) (42) (48) (66)
Net Income
— — — — — — 12 15 16 17
Depreciation
— — — — — — 4.45 5.32 4.24 2.56
Revenue/Sh
— — — — — — (1.57) (1.74) (1.14) (0.78)
Earnings/Sh
— — — — — — (2.00) (1.23) (0.88) (0.53)
Cash Flow/Sh
— — — — — — (0.07) (0.04) (0.03) (0.02)
Capex/Sh
— — — — — — (2.07) (1.27) (0.91) (0.55)
Free CF/Sh
— — — — — — 0.00 (7.93) 8.05 3.72
Book Value/Sh
— — — — — — 23 24 42 85
Shares
— — — — — — 0.00 0.00 0.00 0.00
PE Ratio
— — — — — — 5.85 5.85 6.30 8.71
PS Ratio
— — — — — — 0.00 0.00 3.31 6.00
PB Ratio
— — — — — — 5.55 5.55 4.44 7.36
EV/Sales
— — — — — — (14.49) (14.49) (20.73) (34.34)
EV/FCF
— — — — — — (47) (30) (37) (45)
Op' Cash Flow
— — — — — — (2) (1) (1) (2)
Capex
— — — — — — (49) (30) (38) (47)
FCF
— — — — — — 17 77 363 332
Working Cap'
— — — — — — 30 39 41 42
Total Debt
— — — — — — 1 (61) (328) (295)
Net Debt
— — — — — — 0 (190) 336 316
Sh' Equity
— — — — — — 0.00% (49.64%) (14.35%) (13.37%)
ROA
— — — — — — (2,885.13%) 0.00% (232.76%) (192.33%)
ROIC
— — — — — — 21.67% 24.54% (65.46%) (20.32%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2022 · latest quarter Jun 2023

ForgeRock, Inc. peers in Software Infrastructure

Company Market cap P/E Compare
BAND Bandwidth Inc. $2.0B 1,022× Compare
ATEN A10 Networks, Inc. $1.9B 42.9× Compare
GCT GigaCloud Technology Inc. $1.9B 12.7× Compare
FLYW Flywire Corporation $2.1B 64.8× Compare
Company Market cap P/E Compare
CALX Calix, Inc $2.1B 41.9× Compare
AI C3.ai, Inc. $1.7B 0.0× Compare
MQ Marqeta, Inc. $1.7B 154× Compare
EVTC Evertec, Inc. $1.7B 18.3× Compare

All 173 Software Infrastructure stocks →

ForgeRock, Inc. (FORG) key facts

  • ForgeRock, Inc. (FORG) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
  • ForgeRock, Inc.’s revenue for fiscal 2022 (year ended December 2022) was $217.5 million.
  • As of June 12, 2025, FORG traded at $23.21, a market capitalization of $2.0 billion.
  • Return on equity was −20.3% and debt-to-equity 0.14.

Source: company filings (standardised) and stockrow calculations.

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stockrow.com/FORG · Data as of Jun 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com