FORG on NYSE

ForgeRock

Logo: Shanleyp, CC BY-SA 4.0, via Wikimedia Commons4

American information technology company

ForgeRock, Inc. was an identity and access management software company headquartered in San Francisco. On August 23, 2023, Thoma Bravo announced that it had completed the acquisition of the company for approximately $2.3 billion. On acquisition completion, ForgeRock merged into Ping Identity, with ForgeRock's technology incorporated into the Ping Identity platform.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$217.5MRevenue, fiscal 20225
-$66.3MNet income, fiscal 20225
2010Founded1

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  • TickerFORG on NYSE1
  • Industryenterprise software1
  • HeadquartersSan Francisco1
  • Websitewww.forgerock.com
  • Incorporated inDE6
  • Business address201 Mission Street, Suite 2900, San Francisco, Ca 941056
  • Filer categoryLarge accelerated filer6

ForgeRock, Inc. was an identity and access management software company headquartered in San Francisco. On August 23, 2023, Thoma Bravo announced that it had completed the acquisition of the company for approximately $2.3 billion. On acquisition completion, ForgeRock merged into Ping Identity, with ForgeRock's technology incorporated into the Ping Identity platform.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

81.8%Gross margin5
-30.6%Operating margin5
-30.5%Net margin5
22.9%Revenue growth, 20225
-21.0%Return on equity5
0.13×Debt to equity5
-$46.6MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue18¢$39.5M
  • Research and development28¢$61.8M
  • Other costs51¢$110.9M
  • Interest2¢$3.6M
  • Income tax1¢$1.7M

Out of $217.5M in revenue.5 The company lost money this year.

Financial statements

Revenue85$217.5M in 2022+108% since 2019
0$100.0M$200.0M$300.0M2019: $104.5M$104.5M20192020: $127.6M$127.6M2020+22%2021: $176.9M$176.9M2021+39%2022: $217.5M$217.5M2022+23%
Gross profit85$178.0M in 2022+103% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $87.5M$87.5M20192020: $106.3M$106.3M2020+22%2021: $144.0M$144.0M2021+35%2022: $178.0M$178.0M2022+24%
Operating income85-$66.6M in 2022+80% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M02019: -$37.0M-$37.0M20192020: -$32.1M-$32.1M2020−13%2021: -$28.4M-$28.4M2021−11%2022: -$66.6M-$66.6M2022+134%
Net income85-$66.3M in 2022+80% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M02019: -$36.9M-$36.9M20192020: -$41.8M-$41.8M2020+13%2021: -$47.8M-$47.8M2021+14%2022: -$66.3M-$66.3M2022+39%
Fiscal year20182019202020212022
Revenue$104.5M8$127.6M5$176.9M5$217.5M5
Cost of revenue$17.0M8$21.3M5$32.9M5$39.5M5
Gross profit$87.5M8$106.3M5$144.0M5$178.0M5
Research and development$29.6M8$35.9M5$43.5M5$61.8M5
Operating expenses$172.4M5$244.5M5
Operating income-$37.0M8-$32.1M5-$28.4M5-$66.6M5
Interest$1.9M8$4.5M5$4.5M5$3.6M5
Income before tax-$46.9M5-$64.6M5
Income tax-$2.0M8$565.0K5$884.0K5$1.7M5
Net income-$36.9M8-$41.8M5-$47.8M5-$66.3M5
Earnings per share-$1,570.008-$1.745-$1.145-$0.785
Earnings per share (diluted)-$1,570.008-$1.745-$1.145-$0.785
Shares (weighted, basic)41.7M shares584.9M shares5
Shares (weighted, diluted)41.7M shares584.9M shares5

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Corporate structure

ForgeRock sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ForgeRock

  • ForgeRock San Francisco

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ForgeRock reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$8.8M5 Dec 31, 2022$9.0M5 Dec 31, 2021−2.5%
Accumulated depreciation$5.9M5 Dec 31, 2022$6.5M5 Dec 31, 2021−9.3%
Property and equipment, net$2.9M5 Dec 31, 2022$2.5M5 Dec 31, 2021+15.7%
Operating-lease assets (leased space)$10.2M5 Dec 31, 2022$12.6M5 Dec 31, 2021−19.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$128.8M5 Dec 31, 2022$128.4M5 Dec 31, 2021+0.3%
Marketable securities, current$241.4M8 Dec 31, 2021$08 Dec 31, 2020

Leadership

Who has led ForgeRock, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Juan P. Fernandez2021–2023
201520202025
Board members and other officers (15)

Products and brands

The ForgeRock Identity Platform includes Access Management (based on the OpenAM open source project), Identity Management (based on the OpenIDM open source project), Directory Services (based on the OpenDJ open source project), and Identity Gateway (based on the OpenIG open source project). ForgeRock Access Management provides access management, ForgeRock Directory Services is an LDAP directory service, ForgeRock Identity Management is used for identity management, and ForgeRock Identity Gateway provides an identity gateway for web traffic and application programming interfaces (APIs).

Originally based on open source software owned by Sun Microsystems (now Oracle Corporation), the enterprise version of the ForgeRock Identity Platform can only be accessed by purchasing a commercial license. The source code of the community version is publicly available under the terms of the Common Development and Distribution License.

From Wikipedia’s article on ForgeRock, shared under CC BY-SA 4.0.7

Timeline

  1. Aug 23, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer29
  2. Aug 7, 20238-K Results of operations; Regulation FD disclosure30
  3. May 26, 20238-K Shareholder vote31
  4. May 8, 20238-K Results of operations; Regulation FD disclosure32
  5. Feb 27, 20238-K Financial statements and exhibits33
  6. Jan 12, 20238-K Shareholder vote34
  7. Dec 22, 20228-K Other events35
  8. Nov 9, 20228-K Financial statements and exhibits36
  9. Oct 11, 20228-K Entered a material agreement37
  10. Aug 11, 20228-K Results of operations; Regulation FD disclosure38
  11. May 27, 20228-K Shareholder vote39
  12. May 11, 20228-K Results of operations; Regulation FD disclosure40
  13. Sep 15, 2021New chief executive Francis C. Rosch becomes CEO13
  14. 2010Founded Founded1

Calendar

When it reported results

  1. Aug 7, 2023Reported quarterly or annual results30
  2. May 8, 2023Reported quarterly or annual results32
  3. Aug 11, 2022Reported quarterly or annual results38
  4. May 11, 2022Reported quarterly or annual results40
  5. Mar 1, 2022Reported quarterly or annual results41
  6. Nov 10, 2021Reported quarterly or annual results42

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

198 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 14 major events, 93 insider forms, 43 large holders, 40 other. The latest 20:

  1. Sep 5, 202315-12G EDGAR
  2. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  3. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  4. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  5. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  6. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  7. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  8. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  9. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  10. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  11. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  12. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  13. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  14. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  15. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  16. Aug 25, 2023SC 13D/A EDGAR
  17. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  18. Aug 23, 2023S-8 POS EDGAR
  19. Aug 23, 2023S-8 POS EDGAR
  20. Aug 23, 2023S-8 POS EDGAR

The 198 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 0 buys and 45 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 16, 2023Fernandez Juan PCFO, Executive VP - GlobalSale7,152$21.24$151.9KForm 4
Aug 14, 2023Rosch Francis CPresident & CEOSale50,000$21.26$1.1MForm 4
Aug 1, 2023Barker Peter MChief Product Officer & EVPSale2,084$20.55$42.8KForm 4
Jul 17, 2023Fernandez Juan PCFO, Executive VP - GlobalSale7,152$20.15$144.1KForm 4
Jul 11, 2023Rosch Francis CPresident & CEOSale50,000$19.84$992.0KForm 4
Jul 3, 2023Barker Peter MChief Product Officer & EVPSale2,083$20.46$42.6KForm 4
Jun 20, 2023Ott AlexanderDirectorSale99,000$19.22$1.9MForm 4
Jun 16, 2023Fernandez Juan PCFO, Executive VP - GlobalSale7,152$19.32$138.2KForm 4
Jun 12, 2023Rosch Francis CPresident & CEOSale50,000$19.49$974.5KForm 4
Jun 9, 2023Ott AlexanderDirectorSale301,000$19.42$5.8MForm 4
Jun 1, 2023Barker Peter MChief Product Officer & EVPSale2,083$20.04$41.7KForm 4
May 23, 2023Barker Peter MChief Product Officer & EVPSale4,573$19.85$90.8KForm 4
May 22, 2023Rosch Francis CPresident & CEOSale10,076$19.91$200.6KForm 4
May 22, 2023Fleischmann Samuel JChief Legal OfficerSale1,581$19.91$31.5KForm 4
May 22, 2023Fernandez Juan PCFO, Executive VP - GlobalSale4,623$19.91$92.0KForm 4
May 22, 2023Barker Peter MChief Product Officer & EVPSale3,030$19.91$60.3KForm 4
May 22, 2023Angstadt Peter K Jr.Chief Revenue OfficerSale3,272$19.91$65.1KForm 4
May 16, 2023Fernandez Juan PCFO, Executive VP - GlobalSale7,152$19.86$142.0KForm 4
May 1, 2023Barker Peter MChief Product Officer & EVPSale2,084$19.97$41.6KForm 4
Apr 17, 2023Fernandez Juan PCFO, Executive VP - GlobalSale7,152$20.49$146.5KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How ForgeRock is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARForgeRock, Inc.2
  • CIK0001543916
  • Employer ID (EIN)33-12233632
  • Filer statusLarge accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • Business address201 Mission Street, Suite 2900, San Francisco, CA 941052
  • Phone(415) 599-11002
  • Public float$1.2B as of Jun 30, 20225
  • On EDGAR sinceMar 8, 20122
  • Filings272 in all: 4 (110), SC 13G/A (23), 3 (22), SC 13G (16), 144 (15), 8-K (14), DEFA14A (10), 10-Q (6)2
    All 36 form types

    4/A (4), 5 (4), CORRESP (4), D (4), S-8 (4), S-8 POS (4), UPLOAD (4), DRSLTR (3), SC 13D (3), 10-K (2), DEF 14A (2), DRS/A (2), 144/A (1), 15-12G (1), 25-NSE (1), 3/A (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DEFM14A (1), DEFR14A (1), DRS (1), EFFECT (1), PREM14A (1), S-1 (1), S-1/A (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2023
    Quarterly report (10-Q) Aug 8, 2023
    Proxy statement (DEF 14A) Apr 12, 2023
    Latest 8-K (8-K) Aug 23, 2023

Sources

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