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Dec 31, 2022

Gartner Q4 2022 Earnings Report

Gartner's Q4 2022 financial results were reported, showing significant growth in revenue, contract value, and earnings per share.

Key Takeaways

Gartner reported a strong fourth quarter in 2022, with a 15% increase in revenue to $1.5 billion and a 28% increase in diluted EPS to $3.21. The company's contract value also saw a 12% increase year-over-year. Gartner's CEO expressed confidence in the company's positioning for long-term, sustained, double-digit growth entering 2023.

Revenue increased by 15% to $1.5 billion, or 20% on an FX neutral basis.

Net income reached $257 million, with an adjusted EBITDA of $421 million, up 37%.

Diluted EPS grew by 28% to $3.21, while adjusted EPS increased by 24% to $3.70.

Global Technology Sales Contract Value (GTS CV) was $3.6 billion, up 10% YoY FX Neutral.

Total Revenue
$1.51B
Previous year: $1.31B
+15.2%
EPS
$3.7
Previous year: $2.99
+23.7%
GTS Contract Value
$3.6B
Previous year: $3.4B
+5.9%
GBS Contract Value
$1B
Previous year: $900M
+11.1%
Gross Profit
$1.03B
Previous year: $907M
+13.5%
Cash and Equivalents
$698M
Previous year: $756M
-7.7%
Free Cash Flow
$166M
Previous year: $214M
-22.4%
Total Assets
$7.3B
Previous year: $7.42B
-1.6%

Gartner

Gartner

Gartner Revenue by Segment

Forward Guidance

Gartner introduced guidance which they can deliver, with the opportunity for upside.

Revenue & Expenses

Visualization of income flow from segment revenue to net income