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Gartner, Inc. provides business and technology insights for decisions and performance on an organization's mission-critical priorities in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Insights, Conferences, and Consulting. The Research segment delivers insights through subscription services, such as access to published content, data and benchmarks, and direct access to a network of business and technology experts. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network through its Symposium/Xpo series and peer-driven sessions, as well as conferences focused on specific business roles and topics. The Consulting segment provides technology-driven strategic initiatives, including custom analysis and on-the-ground support to senior executives. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.5B | $1.3B | $729M | $1.2B | 228.0% | 3.7% | -41.8% |
| 2024 | $6.3B | $1.7B | $1.3B | $1.4B | 92.2% | 6.1% | 42.1% |
| 2023 | $5.9B | $1.5B | $882M | $1.1B | 129.7% | 7.9% | 9.2% |
| 2022 | $5.5B | $1.3B | $808M | $993M | 354.6% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,475.85 | 5,906.96 | 6,267.41 | 6,497.23 |
| Operating Revenue | - | 5,475.85 | 5,535.94 | 5,970.81 | 6,269.81 |
| Cost Of Revenue | - | 1,693.77 | 1,903.24 | 2,023.02 | 2,053.57 |
| Gross Profit | - | 3,782.08 | 4,003.72 | 4,244.39 | 4,443.65 |
| Operating Expense | - | 2,672.89 | 2,892.64 | 3,087.13 | 3,267.94 |
| Selling General And Administration | - | 2,480.94 | 2,701.54 | 2,884.81 | 3,067.63 |
| Total Expenses | - | 4,366.66 | 4,795.88 | 5,110.15 | 5,321.52 |
| Operating Income | - | 1,109.18 | 1,111.07 | 1,157.26 | 1,175.71 |
| Total Operating Income As Reported | - | 1,100.11 | 1,236.89 | 1,156.29 | 1,025.71 |
| EBITDA | - | 1,345.34 | 1,471 | 1,720.74 | 1,293.70 |
| Normalized EBITDA | - | 1,354.42 | 1,342.10 | 1,421.71 | 1,443.70 |
| EBIT | - | 1,153.40 | 1,279.90 | 1,518.42 | 1,093.40 |
| Interest Income | - | 4.88 | 38.53 | 61.56 | 64.72 |
| Interest Expense | - | 126.20 | 132.77 | 131.05 | 125.28 |
| Net Interest Income | - | -121.32 | -94.25 | -69.49 | -60.56 |
| Other Non Operating Income Expenses | - | 48.41 | 1.40 | 0.57 | 2.97 |
| Other Income Expense | - | 39.33 | 130.30 | 299.60 | -147.03 |
| Interest Income Non Operating | - | 4.88 | 38.53 | 61.56 | 64.72 |
| Interest Expense Non Operating | - | 126.20 | 132.77 | 131.05 | 125.28 |
| Net Non Operating Interest Income Expense | - | -121.32 | -94.25 | -69.49 | -60.56 |
| Pretax Income | - | 1,027.20 | 1,147.13 | 1,387.37 | 968.12 |
| Tax Provision | - | 219.40 | 264.66 | 133.66 | 238.89 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.94 | 29.74 | 28.71 | -37.05 |
| Net Income Continuous Operations | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Net Income From Continuing And Discontinued Operation | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Net Income From Continuing Operation Net Minority Interest | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Net Income | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Net Income Common Stockholders | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Net Income Including Noncontrolling Interests | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Normalized Income | - | 814.94 | 783.31 | 983.39 | 842.18 |
| Diluted NI Availto Com Stockholders | - | 807.80 | 882.47 | 1,253.71 | 729.23 |
| Basic Average Shares | - | 80.18 | 79 | 77.78 | 75.36 |
| Diluted Average Shares | - | 81.07 | 79.68 | 78.34 | 75.60 |
| Reconciled Depreciation | - | 191.95 | 191.10 | 202.32 | 200.31 |
| Reconciled Cost Of Revenue | - | 1,693.77 | 1,903.24 | 2,023.02 | 2,053.57 |
| Total Unusual Items | - | -9.08 | 128.90 | 299.03 | -150 |
| Total Unusual Items Excluding Goodwill | - | -9.08 | 128.90 | 299.03 | -150 |
| Special Income Charges | - | -9.08 | 128.90 | 299.03 | -150 |
| Gain On Sale Of Business | - | 0 | 135.41 | 0 | 0 |
| Other Special Charges | -152.31 | - | -3.08 | -300 | - |
| Impairment Of Capital Assets | - | - | 0 | 0 | 150 |
| Restructuring And Mergern Acquisition | - | 9.08 | 9.59 | 0.97 | 0 |
| Depreciation Amortization Depletion Income Statement | - | 191.95 | 191.10 | 202.32 | 200.31 |
| Depreciation And Amortization In Income Statement | - | 191.95 | 191.10 | 202.32 | 200.31 |
| Amortization | - | 98.54 | 92.46 | 90.23 | 82.29 |
| Amortization Of Intangibles Income Statement | - | 98.54 | 92.46 | 90.23 | 82.29 |
| Depreciation Income Statement | - | 93.41 | 98.64 | 112.08 | 118.02 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Gartner, Inc.this co. | IT | $11.0B | 15.14↓ discount | 34.50 | 228.0% | 9.79 |
| Leidos Holdings, Inc. | LDOS | $15.7B | 10.82 | 3.19 | 29.5% | 8.24 |
| Sanmina Corporation | SANM | $15.0B | 61.06 | 6.38 | 10.4% | 30.04 |
| Trimble Inc. | TRMB | $13.0B | 30.62 | 2.22 | 7.3% | 18.02 |
| Tyler Technologies, Inc. | TYL | $12.7B | 40.17 | 3.42 |
| - |
| - |
| - |
| - |
| 8.5% |
| 22.50 |
| Zebra Technologies Corporation | ZBRA | $11.7B | 27.91 | 3.26 | 11.7% | 16.72 |
| GoDaddy Inc. | GDDY | $11.2B | 12.84 | 52.23 | 406.8% | 10.88 |
| FormFactor, Inc. | FORM | $9.9B | 181.56 | 9.53 | 5.3% | 89.55 |
| Jack Henry & Associates, Inc. | JKHY | $9.3B | 20.38 | 4.36 | 21.4% | 11.65 |
| Peer Median | - | 29.27 | 3.89 | 11.1% | 17.37 | |