IT FY 2024 Earnings Report — Gartner, Inc. Revenue & Financial Results | Market Cap Arena

Gartner, Inc.IT

FY 2024 Earnings

Reported February 13, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$6.3B	—	$5.9B	—	6.1%
Op. Income	$1.2B	—	$1.2B	—	-6.5%
Gross Margin	67.7%	—	67.8%	—	-0.1pp
Net Margin	20.0%	—	14.9%	—	5.1pp
EPS (Diluted)	$16.00	—	$11.08	—	44.4%
Free Cash Flow	$1.4B	—	$1.1B	—	31.4%

Revenue Flow

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$2.0B
GROSS PROFIT	$4.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.9B
Other Expenses	$203M
Operating Expenses	$3.1B
Cost & Expenses	$5.1B
OPERATING INCOME	$1.2B
Interest Income	$62M
Interest Expense	$131M
Other Income/Expenses	$231M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$134M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$202M
EBIT	$1.5B
EBITDA	$1.7B
EPS	$16
EPS Diluted	$16

Income Statement

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$2.0B
GROSS PROFIT	$4.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.9B
Other Expenses	$203M
Operating Expenses	$3.1B
Cost & Expenses	$5.1B
OPERATING INCOME	$1.2B
Interest Income	$62M
Interest Expense	$131M
Other Income/Expenses	$231M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$134M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$202M
EBIT	$1.5B
EBITDA	$1.7B
EPS	$16
EPS Diluted	$16

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$202M
Stock-Based Compensation	$155M
Deferred Income Tax	-$162M
Other Non-Cash Items	$77M
Change in Working Capital	-$41M
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$102M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$104M
Net Debt Issuance	-$3M
Common Stock Repurchased	-$735M
Common Dividends Paid	$0
Other Financing Activities	$28M
NET CASH FROM FINANCING	-$710M
FREE CASH FLOW	$1.4B
Net Change in Cash	$614M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$0
Net Receivables	$1.7B
Inventory	$0
Other Current Assets	$567M
TOTAL CURRENT ASSETS	$4.2B
PP&E (Net)	$500M
Goodwill	$2.9B
Intangible Assets	$410M
Long-Term Investments	$3M
Tax Assets	$263M
Other Non-Current Assets	$232M
TOTAL NON-CURRENT ASSETS	$4.3B
TOTAL ASSETS	$8.5B
Account Payables	$56M
Short-Term Debt	$0
Deferred Revenue	$2.8B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$4.0B
Long-Term Debt	$2.5B
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$49M
Other Non-Current Liabilities	$331M
TOTAL NON-CURRENT LIABILITIES	$3.2B
TOTAL LIABILITIES	$7.2B
Common Stock	$82.0K
Additional Paid-In Capital	$2.5B
Retained Earnings	$6.0B
Treasury Stock	-$7.0B
Accum. Other Comp. Income	-$88M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$8.5B
Total Debt	$2.9B
Net Debt	$967M