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Sep 30, 2022

Gartner Q3 2022 Earnings Report

Gartner's Q3 2022 earnings showcased strong financial performance with double-digit growth in contract value, revenue, and adjusted EPS, alongside raised full-year guidance.

Key Takeaways

Gartner reported a strong third quarter in 2022, with revenue of $1.3 billion, a 15.2% increase as reported and 20.4% FX neutral. Net income was $174 million, and diluted EPS was $2.17, a 23.3% increase. The company also raised its full-year guidance.

Revenue increased by 15.2% to $1.3 billion, or 20.4% on an FX neutral basis.

Net income reached $174 million, with a diluted EPS of $2.17, marking a 23.3% increase.

Adjusted EBITDA grew by 8.5% to $332 million, or 14.9% on an FX neutral basis.

Global Technology Sales Contract Value increased by 12.7% YOY FX Neutral to $3.5 billion.

Total Revenue
$1.33B
Previous year: $1.16B
+15.2%
EPS
$2.41
Previous year: $2.03
+18.7%
GTS Contract Value
$3.5B
Previous year: $3.2B
+9.4%
GBS Contract Value
$1B
Previous year: $800M
+25.0%
Gross Profit
$915M
Previous year: $797M
+14.8%
Cash and Equivalents
$529M
Previous year: $766M
-30.9%
Free Cash Flow
$283M
Previous year: $331M
-14.5%
Total Assets
$6.53B
Previous year: $6.99B
-6.7%

Gartner

Gartner

Gartner Revenue by Segment

Forward Guidance

Gartner raised its guidance and remains well-positioned to deliver long-term, sustained, double-digit growth.

Revenue & Expenses

Visualization of income flow from segment revenue to net income