Gartner Q2 2021 Earnings Report
Key Takeaways
Gartner reported strong Q2 2021 financial results, with revenue of $1.2 billion, a 20.0% increase as reported and 15.9% FX neutral. Net income was $271 million, and adjusted EPS was $2.24, an 86.7% increase. The company generated $563 million in free cash flow and repurchased 3.1 million common shares for $685 million. Gartner has raised its guidance to reflect the momentum we saw in the first half of 2021.
Revenues increased by 20.0% to $1.2 billion, or 15.9% on an FX neutral basis.
Net income reached $271 million, with adjusted EBITDA at $355 million, up 84.9% as reported and 75.4% FX neutral.
Diluted EPS was $3.13, a 413.1% increase, while adjusted EPS was $2.24, up 86.7%.
Free cash flow was $563 million, a 75.1% increase.
Gartner
Gartner
Gartner Revenue by Segment
Forward Guidance
Gartner is raising its guidance to reflect the momentum we saw in the first half of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income