ITNYSEServices-Management ServicesUS GAAP · USD

Gartner, Inc

Gartner, Inc. provides subscription-based business and technology insights, conferences, and consulting services that help executives make decisions on mission-critical priorities. The company serves more than 13,000 enterprises worldwide with objective research, peer networking, and advisory support delivered through its Gartner-branded content, events, and expert network.

Revenue6,497m USD
+3.7 %y/y
Operating profit (EBIT)1,026m USD
−11.3 %y/y
EBIT margin15.8%
−2.7 ppy/y
Net income729m USD
−41.8 %y/y
Free cash flow1,290m USD
−13.1 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

02,0004,0006,0008,000m USD2020: 4,099 m USD2020: EBIT 490 m USD20202021: 4,734 m USD2021: EBIT 916 m USD20212022: 5,476 m USD2022: EBIT 1,100 m USD20222023: 5,907 m USD2023: EBIT 1,237 m USD20232024: 6,267 m USD2024: EBIT 1,156 m USD20242025: 6,497 m USD2025: EBIT 1,026 m USD20256,4971,026
RevenueOperating profit (EBIT)

Business

Share of revenue
Insights75 %

Subscription research, benchmarks, tools, and analyst access for executives and teams.

Conferences15 %

In-person and peer-driven events where clients learn, network, and apply Gartner insights.

Consulting10 %

Custom advisory and on-the-ground support for technology-driven strategic initiatives.

Products

Reported · share of revenue
78.1%9.9%8.5%FY2025100 %
  • Insights78.1 %
  • Conferences9.9 %
  • Consulting8.5 %
  • Other3.5 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Gartner sells primarily to enterprises and public-sector organizations that need independent guidance on technology and business decisions. Its core buyers are executives, IT leaders, and functional leaders in finance, HR, supply chain, marketing, and other mission-critical roles. The company also serves technology users and providers through GTS, while consulting clients typically seek help with IT cost optimization, digital transformation, and sourcing decisions.

Global Technology Sales (GTS)

Technology users and providers buying research and advisory content to guide product, vendor, and IT decisions.

Global Business Sales (GBS)

Non-IT functional leaders buying insights and tools for finance, HR, supply chain, marketing, and operations.

Conference attendees and sponsors

Executives and teams buying event access to learn, network, and apply Gartner guidance.

Consulting clients

Senior executives buying custom analysis and support for technology-driven strategic initiatives.

U.S. federal government

Government buyers of Insights contracts; management disclosed meaningful contract value exposure and non-renewals.

Strategy

Gartner’s strategy is to deepen penetration with its most valuable clients by expanding relationships, packaging offerings more effectively, and cross-selling across insights, conferences, and consulting. The company also aims to extend the Gartner brand into new markets, build sales capacity, and improve pricing and operating cash flow while maintaining objective, differentiated content.

Deepen wallet share with existing clientsShort term

Higher penetration across insights, conferences, and consulting improves recurring revenue and retention.

Expand global market reachMedium term

A broader international footprint supports growth and reduces dependence on any single market.

Improve pricing and operating efficiencyMedium term

Better pricing and operational effectiveness support cash flow and margin resilience.

Geography

Q1/2026

Gartner operates globally and says it serves clients in approximately 90 countries and territories across six continents. Management notes that a substantial portion of revenue comes from outside the United States, and the company also discloses meaningful exposure to the U.S. federal government within Insights contract value. Geography matters because the business is sold and fulfilled internationally, so foreign exchange, local demand, and government budget actions can affect growth and retention.

Other countries (US filing)100 %

Risks

Gartner faces demand, retention, and execution risk because its model depends on recurring client spending on advisory content and events. The company also faces cybersecurity, competitive, macroeconomic, and geopolitical risks, including U.S. budget cuts, tariffs, trade barriers, and restrictions that can affect client budgets and government contracts. Goodwill impairment, acquisition/disposition execution, and foreign exchange can also create volatility in reported results.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Client retention and wallet retention pressure1Cybersecurity and data protection2Macroeconomic and geopolitical disruption3Goodwill impairment and acquisition/disposition execution4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Client retention and wallet retention pressureImpact: HighLikelihood: Medium

    Revenue depends on recurring subscriptions and expanded client spend across insights and consulting.

    Exposure: Lower spending by existing clients was cited as a driver of weaker wallet retention.

  2. Cybersecurity and data protectionImpact: HighLikelihood: Medium

    The company transmits and stores sensitive client, employee, and proprietary information online.

    Exposure: Internet-based delivery and third-party vendors increase attack surface.

  3. Macroeconomic and geopolitical disruptionImpact: MediumLikelihood: High

    Enterprise and government customers may cut discretionary spending during downturns or policy shifts.

    ExposureManagement cited U.S. budget cutsTariffsTrade barriersRestrictions
  4. Goodwill impairment and acquisition/disposition executionImpact: MediumLikelihood: High

    Valuations depend on future cash flow assumptions and strategic transactions can fail or underperform.

    Exposure: Digital Markets goodwill impairment was recognized in 2025; the business was later sold.

Accounting

Judgemental items
Revenue recognition across subscriptions, conferences, and consulting

Different service lines may recognize revenue over time or at event delivery, affecting quarterly comparability.

Impact: Can shift reported growth between periods and segments.

Foreign currency neutral reporting

Management presents non-GAAP-like FX-neutral metrics to isolate underlying demand trends.

Impact: Reported revenue growth may differ from constant-currency performance.

Goodwill impairment

Valuation depends on projected growth, profitability, cash flows, and discount rates.

Impact: 2025 Digital Markets impairment reduced earnings materially.

Contract value and retention metrics

These are leading indicators for future subscription revenue and client health.

Impact: Useful for forecasting but not directly equal to GAAP revenue.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Gartner, Inc (IT) Revenue, Earnings & Financials 2025 – Clarifo