Gartner reported a strong Q3 2021 with a 16.3% increase in revenue to $1.2 billion and a significant rise in net income to $149 million. The company's diluted EPS increased by 826.3% to $1.76, and free cash flow grew by 44.5% to $331 million. Gartner also repurchased 1.3 million common shares for $355 million during the quarter.
Revenues increased by 16.3% to $1.2 billion, or 15.0% on an FX neutral basis.
Net income reached $149 million, with adjusted EBITDA at $305 million, an 82.3% increase.
Diluted EPS rose by 826.3% to $1.76, while adjusted EPS increased by 123.1% to $2.03.
Free cash flow grew by 44.5% to $331 million.
Gartner is again raising our guidance to reflect the momentum we have seen through the first three quarters of the year.
Visualization of income flow from segment revenue to net income