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Sep 30, 2024

Gartner Q3 2024 Earnings Report

Gartner's Q3 2024 financial performance was marked by revenue growth and significant increases in net income and EPS.

Key Takeaways

Gartner reported a 5.4% increase in revenue, a 130.6% increase in net income, and a 135.4% increase in diluted EPS for Q3 2024. Revenue, Adjusted EBITDA, and Adjusted EPS were ahead of expectations.

Revenue increased by 5.4% to $1.5 billion.

Net income rose by 130.6% to $415 million.

Diluted EPS increased by 135.4% to $5.32.

Global Technology Sales Contract Value grew by 6.1% YoY FX Neutral.

Total Revenue
$1.48B
Previous year: $1.41B
+5.4%
EPS
$2.5
Previous year: $2.56
-2.3%
GTS Contract Value
$3.9B
Previous year: $3.6B
+8.3%
GBS Contract Value
$1.2B
Previous year: $1B
+20.0%
Gross Profit
$1.01B
Previous year: $958M
+5.3%
Cash and Equivalents
$1.77B
Previous year: $1.25B
+41.5%
Free Cash Flow
$565M
Previous year: $302M
+87.1%
Total Assets
$7.85B
Previous year: $7.24B
+8.3%

Gartner

Gartner

Gartner Revenue by Segment

Forward Guidance

Gartner updated its financial outlook for the full year 2024.

Revenue & Expenses

Visualization of income flow from segment revenue to net income