Gartner, Inc.

IT
Sector

Technology

Industry

Information Technology Services

Market Cap

$37.16B

Employees

20.2K

Company Overview

Gartner, Inc. is a global research and advisory company that delivers actionable, objective insights to executives and their teams. The company operates through three segments: Research, Conferences, and Consulting. Gartner's market position is built on its proprietary research methodologies, extensive industry relationships, and a diversified business model, serving over 15,000 enterprises across 90 countries.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenues increased to $1.5 billion, a 5% increase compared to the third quarter of 2023. This growth was primarily driven by a 5% increase in Research revenues and a 32% increase in Conferences revenues, while Consulting revenues decreased by 4%.

Net income for the quarter was $415.0 million, a substantial increase compared to $180.0 million in the same period last year. This increase was primarily driven by a $300 million gain from an event cancellation insurance settlement, partially offset by increased operating expenses.

Operating expenses increased year-over-year, with cost of services and product development increasing by 5% and selling, general, and administrative expenses increasing by 8%. This increase in expenses partially offset the revenue growth and the insurance settlement gain.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights