GARTNER INC IT
Gartner, Inc. (NYSE: IT) delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities.
We are a trusted advisor and an objective resource for over 13,000 enterprises in approximately 90 countries and territories— across every major function, geography, industry and sector.
Gartner delivers its products and services globally through three reportable segments – Business and Technology Insights, Conferences and Consulting, as described below. In the second quarter of 2025, we renamed our segment previously referred to as Research to Business and Technology Insights (or "Insights") to reflect the nature of the value we provide to clients. In the third quarter of 2025, we changed the structure of our internal organization and concluded that Gartner Digital Markets ("Digital Markets") was an operating segment but does not meet the criteria of a reportable segment. Accordingly, Digital Markets results are now included in "Other" where segment information is provided. Digital Markets was previously included in our Insights segment. Prior periods have been recast to conform to current period presentation. On February 5, 2026, we completed the sale of Digital Markets for approximately $110.0 million, prior to customary purchase price adjustments.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.50B | $6.27B | $5.91B | $5.48B | $4.73B | $4.10B | $4.25B | $3.98B | $3.31B | $2.44B |
| Cost of revenue | $2.05B | $2.02B | $1.90B | $1.69B | $1.44B | $1.35B | $1.55B | $1.47B | $1.32B | $945.6M |
| Gross profit | $4.47B | $4.28B | $4.04B | $3.82B | $3.29B | $2.75B | $2.69B | $2.51B | $1.99B | $1.50B |
| SG&A | $3.07B | $2.88B | $2.70B | $2.48B | $2.16B | $2.04B | $2.10B | $1.88B | $1.60B | $1.09B |
| Total operating expenses | $5.47B | $5.11B | $4.67B | $4.38B | $3.82B | $3.61B | $3.88B | $3.72B | $3.32B | $2.14B |
| Operating income | $1.03B | $1.16B | $1.24B | $1.10B | $915.8M | $490.1M | $370.1M | $259.7M | -$6.3M | $305.1M |
| Interest expense | $125.3M | $131.0M | $132.8M | $126.2M | $118.5M | $115.6M | $102.8M | $126.8M | $127.9M | $27.6M |
| Pre-tax income | $968.1M | $1.39B | $1.15B | $1.03B | $969.9M | $326.1M | $275.7M | $181.1M | -$127.8M | $288.4M |
| Income tax | $238.9M | $133.7M | $264.7M | $219.4M | $176.3M | $59.4M | $42.4M | $58.7M | $131.1M | $94.8M |
| Net income | $729.0M | $1.25B | $882.0M | $808.0M | $794.0M | $266.7M | $233.3M | $122.5M | $3.3M | $193.6M |
| EPS, basic | 9.68 | 16.12 | 11.17 | 10.08 | 9.33 | 2.99 | 2.60 | 1.35 | 0.04 | 2.34 |
| EPS, diluted | 9.65 | 16.00 | 11.08 | 9.96 | 9.21 | 2.96 | 2.56 | 1.33 | 0.04 | 2.31 |
| Shares, diluted (wtd. avg.) | $75.6M | $78.3M | $79.7M | $81.1M | $86.2M | $90.0M | $91.0M | $92.1M | $89.8M | $83.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.72B | $1.93B | $1.32B | $698.0M | $756.5M | $712.6M | $280.8M | $156.4M | $538.9M | $474.2M |
| Receivables | $1.68B | $1.70B | $1.60B | $1.56B | $1.37B | $1.24B | $1.33B | $1.26B | $1.18B | $643.0M |
| Total current assets | $4.07B | $4.20B | $3.43B | $2.79B | $2.62B | $2.32B | $2.02B | $1.81B | $2.59B | $1.34B |
| Property, plant and equipment | $214.2M | $243.0M | $262.7M | $264.6M | $273.6M | $336.8M | $344.6M | $267.7M | $221.5M | $121.6M |
| Goodwill | $2.74B | $2.93B | $2.94B | $2.93B | $2.95B | $2.95B | $2.94B | $2.92B | $2.99B | $738.5M |
| Other intangibles | $336.3M | $409.7M | $502.0M | $584.7M | $714.4M | $807.0M | $925.1M | $1.04B | $1.29B | $76.8M |
| Total assets | $8.09B | $8.53B | $7.84B | $7.30B | $7.42B | $7.32B | $7.15B | $6.20B | $7.28B | $2.37B |
| Accounts payable | $49.8M | $55.8M | $63.1M | $83.2M | $49.3M | $38.6M | $33.0M | $37.5M | $49.0M | $41.0M |
| Short-term debt | $5.0M | $0 | $9.6M | $7.8M | $5.9M | $20.5M | $139.7M | $165.6M | $379.7M | $30.0M |
| Total current liabilities | $4.07B | $3.97B | $3.78B | $3.60B | $3.38B | $2.95B | $2.86B | $2.62B | $2.82B | $1.46B |
| Long-term debt | $2.98B | $2.46B | $2.45B | $2.45B | $2.46B | $1.96B | $2.04B | $2.12B | $2.90B | $664.4M |
| Total liabilities | $7.77B | $7.18B | $7.16B | $7.07B | $7.05B | $6.23B | $6.21B | $5.35B | $6.30B | $2.31B |
| Retained earnings | $6.72B | $5.99B | $4.74B | $3.86B | $3.05B | $2.26B | $1.99B | $1.76B | $1.65B | $1.64B |
| Total equity | $319.9M | $1.36B | $680.6M | $227.8M | $371.1M | $1.09B | $938.6M | $850.8M | $983.5M | $60.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.29B | $1.48B | $1.16B | $1.10B | $1.31B | $903.3M | $565.4M | $471.2M | $254.5M | $365.6M |
| Depreciation and amortisation | $200.3M | $202.3M | $191.1M | $191.9M | $102.8M | $93.9M | $82.1M | $68.6M | $63.9M | $37.2M |
| Stock-based compensation | $155.9M | $154.8M | $129.8M | $90.6M | $98.6M | $62.5M | $69.0M | $66.2M | $78.9M | $46.7M |
| Capital expenditure | $115.1M | $101.7M | $103.1M | $108.0M | $59.8M | $83.9M | $149.0M | $126.9M | $110.8M | $49.9M |
| Investing cash flow | -$115.1M | -$103.7M | $54.2M | -$117.6M | -$80.5M | -$83.9M | -$160.9M | $384.1M | -$2.75B | -$98.1M |
| Financing cash flow | -$1.44B | -$710.1M | -$588.9M | -$1.03B | -$1.16B | -$416.2M | -$286.0M | -$1.26B | $2.54B | -$174.7M |
| Buybacks | $1.99B | $735.4M | $606.2M | $1.04B | $1.66B | $176.3M | $199.0M | $260.8M | $41.3M | $59.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000749251-26-000159.
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