•
Sep 30, 2021

Gartner Q3 2021 Earnings Report

Gartner's Q3 2021 earnings showcased strong growth in contract value, revenue, EBITDA, and free cash flow, with increased guidance reflecting the momentum seen throughout the first three quarters of the year.

Key Takeaways

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.

Total Revenue
$1.16B
Previous year: $995M
+16.2%
EPS
$2.03
Previous year: $0.91
+123.1%
GTS Contract Value
$3.2B
Previous year: $2.8B
+14.3%
GBS Contract Value
$800M
Previous year: $700M
+14.3%
Gross Profit
$797M
Previous year: $665M
+19.9%
Cash and Equivalents
$766M
Previous year: $554M
+38.3%
Free Cash Flow
$331M
Previous year: $229M
+44.5%
Total Assets
$6.99B
Previous year: $6.84B
+2.3%

Gartner

Gartner

Gartner Revenue by Segment

Forward Guidance

Gartner is again raising our guidance to reflect the momentum we have seen through the first three quarters of the year.

Revenue & Expenses

Visualization of income flow from segment revenue to net income