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Jun 30, 2022

Gartner Q2 2022 Earnings Report

Gartner's Q2 2022 financial results were reported, showcasing growth in revenue and adjusted EPS.

Key Takeaways

Gartner reported a strong second quarter with double-digit growth in contract value, revenue, and Adjusted EPS. The company raised its guidance and continues to buy back stock.

Revenues reached $1.4 billion, a 17.9% increase as reported and 21.8% FX neutral.

Net income was $205 million, with adjusted EBITDA at $389 million, a 9.5% increase as reported and 14.2% FX neutral.

Diluted EPS was $2.53, while adjusted EPS was $2.85, a 27.2% increase.

Operating cash flow was $416 million, and free cash flow was $395 million.

Total Revenue
$1.38B
Previous year: $1.17B
+18.0%
EPS
$2.85
Previous year: $2.24
+27.2%
GTS Contract Value
$3.4B
Previous year: $3.1B
+9.7%
GBS Contract Value
$900M
Previous year: $800M
+12.5%
Gross Profit
$952M
Previous year: $817M
+16.6%
Cash and Equivalents
$360M
Previous year: $796M
-54.7%
Free Cash Flow
$395M
Previous year: $563M
-29.8%
Total Assets
$6.59B
Previous year: $7.19B
-8.3%

Gartner

Gartner

Gartner Revenue by Segment

Forward Guidance

Gartner is again raising our guidance and remain well-positioned to deliver long-term, sustained, double-digit growth. And we continue to buy back stock, which will increase our per share results this year and beyond.

Revenue & Expenses

Visualization of income flow from segment revenue to net income