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Jun 30, 2021
Gartner Q2 2021 Earnings Report
Gartner's Q2 2021 financial performance showcased significant growth, driven by strong revenues, EBITDA, margins, and free cash flow, with increased share repurchase authorization.
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.
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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