Gartner Q2 2023 Earnings Report
Key Takeaways
Gartner reported a strong second quarter with a 9.2% increase in revenue to $1.5 billion and an 8.9% YoY increase in total contract value. The company's net income was $198 million, and diluted EPS was $2.48. Gartner is increasing its adjusted EBITDA, Free Cash Flow and adjusted EPS guidance for 2023.
Revenues reached $1.5 billion, a 9.2% increase as reported and 10.0% on an FX neutral basis.
Net income was $198 million, a 3.4% decrease as reported.
Diluted EPS was $2.48, a 2.0% decrease.
Free cash flow was $410 million, a 4.0% increase.
Gartner
Gartner
Gartner Revenue by Segment
Forward Guidance
Gartner is increasing its adjusted EBITDA, Free Cash Flow and adjusted EPS guidance for 2023 and remains well prepared for a wide range of economic scenarios.
Revenue & Expenses
Visualization of income flow from segment revenue to net income