Company file · IT
Gartner
Conferences was Gartner's fastest-growing product or service in FY2025, up 10.5%
Revenue rose 3.7% to $6.5B in FY2025, from $6.3B in FY2024. Net income fell 41.8% to $729M. Insights was the largest product or service, at 78% of revenue.
Key facts
In fiscal 2025, which ended Dec 31, 2025, Gartner (NYSE: IT) took in $6.5B of revenue (up 3.7% on fiscal 2024); net income was $729M (down 41.8%). The most recent quarter, ended Sep 30, 2026, brought revenue of $1.5B, down 1.3% year over year, with net income of $214M. Insights was the biggest single line by product or service: 78% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 12, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 3, 2026).
Source: 10-K FY2025, filed Feb 12, 2026
Source: 10-Q filed May 5, 2026 · 10-Q filed Aug 4, 2026 · 10-Q filed Nov 3, 2026
How it makes money
By product or service, FY2025
- LineAmountSharevs FY2024
- Insights$5.1B78%+5.0%
- Conferences$645M10%+10.5%
- Consulting$552M9%−1.1%
- Product and Service, Other$227M4%−23.3%
Source: 10-K FY2025, XBRL breakdown
By product or service in FY2025: Insights (78%), Conferences (10%), Consulting (9%) and Product and Service, Other (4%), as shares of total revenue. Total revenue was $6.5B.
Source: 10-K FY2025
By region, FY2025
Share is of the FY2025 total; the last column is the change from FY2024.
Learn more: Revenue vs. net income · Gross, operating and net margin
What changed last quarter
Comparing Q3 2026 (Jul to Sep 2026) compared with Q3 2025 (Jul to Sep 2025)
Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.
Q3 2026Q3 2025
Company
Source: Gartner 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026
By product or service
Source: Gartner 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026
The bull case and the bear case
The bull case
- Revenue rose 3.7% in FY2025 to $6.5B, from $6.3B a year earlier. 10-K, FY2025
- Diluted shares fell 3.5% in FY2025, so each share represents a larger slice of profit. 10-K, FY2025
- Net income in the quarter ended Sep 30, 2026 was $214M, up 506.4% on a year earlier. 10-Q, quarter ended Sep 30, 2026
- Conferences revenue grew 10.5% in FY2025 to $645M. 10-K, FY2025
The bear case
- Net income fell 41.8% in FY2025 to $729M, from $1.3B. 10-K, FY2025
- Operating cash flow fell 13.1% in FY2025 to $1.3B. 10-K, FY2025
- Total debt rose 21.2% in FY2025 to $3.0B. 10-K, FY2025
- Revenue in the quarter ended Sep 30, 2026 was $1.5B, down 1.3% on a year earlier. 10-Q, quarter ended Sep 30, 2026
What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.
What the company does
Gartner is in the IT consulting & other services industry, part of the information technology sector. The SEC files it under Services-Management Services.
The full description of Gartner's business is in Item 1 of its 10-K, linked below. This page shows its revenue by product or service and region.
Its fiscal year ends in December; the latest, FY2025, ended Dec 31, 2025.
Source: 10-K, Item 1 Business
Risks common in this industry
These are general risks for companies in the IT consulting & other services industry. They are not a summary of Gartner’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.
- CompetitionTechnology markets move fast, and rivals large and small can change prices or products.
- Customer demandSpending by customers on technology rises and falls with their budgets and the economy.
- Security and privacyCyberattacks, outages and data-privacy rules can raise costs or harm customer trust.
- Supply and tradeReliance on suppliers and exposure to tariffs or export rules can limit what it can sell or build.
- Intellectual propertyPatent claims and licensing disputes can lead to costs or limits on products.
Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)
Three years of key numbers
Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.
| US$ | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $5.9B | $6.3B | $6.5B |
| Net income | $882M | $1.3B | $729M |
| Operating cash flow | $1.2B | $1.5B | $1.3B |
| Cash & equivalents (year end) | $1.3B | $1.9B | $1.7B |
| Total debt (year end) | $2.5B | $2.5B | $3.0B |
| Diluted shares | 80M | 78M | 76M |
- Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
- Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
- Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
- Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
- Total debt: Short-term and long-term debt combined, at carrying value, as the company totals it.
- Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.
Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator
Explainers for this page
- Net debt and net cash
- Debt-to-equity ratio
- The cash flow statement
- Risk factors (Item 1A)
- Market cap and enterprise value
- Accounts payable and days payable
- Depreciation, amortization and EBITDA
Plain-English guides to terms this file uses, with real numbers from filings.
About these numbers
Recent filings
| Form | Filed | Period |
|---|---|---|
| 10-Q | Nov 3, 2026 | Sep 30, 2026 |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 |
| 10-Q | May 5, 2026 | Mar 31, 2026 |
| DEF 14A | Apr 15, 2026 | May 28, 2026 |
| 10-K | Feb 12, 2026 | Dec 31, 2025 |
Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters
Common questions about Gartner
How does Gartner make money?
In fiscal 2025, revenue totaled $6.5B. By product or service in FY2025: Insights (78%), Conferences (10%), Consulting (9%) and Product and Service, Other (4%), as shares of total revenue. Total revenue was $6.5B. Source: 10-K for fiscal 2025, filed Feb 12, 2026.
What was Gartner's revenue in fiscal 2025?
Revenue came to $6.5B in the year ended Dec 31, 2025. Going back two years, it was $5.9B in fiscal 2023 and $6.3B in fiscal 2024, so the latest year was up 3.7%. Source: 10-K for fiscal 2025, filed Feb 12, 2026.
Is Gartner profitable?
Yes, by US accounting rules (GAAP): net income was $729M in fiscal 2025, down 41.8% from $1.3B a year earlier. For the quarter ended Sep 30, 2026, net income was $214M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 12, 2026.
What did Gartner report in its latest quarterly filing?
The 10-Q for the quarter ended Sep 30, 2026 shows revenue of $1.5B, against $1.5B in the same quarter a year before (down 1.3%), and net income of $214M, against $35M (up 506.4%). Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026.
How much cash and debt does Gartner have?
On Sep 30, 2026, cash and cash equivalents stood at $1.6B and total debt at $3.0B. Total debt here is short-term and long-term debt combined, at carrying value, as the company totals it. Source: 10-Q filed Nov 3, 2026.
What are the main risks Gartner faces?
Gartner's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 12, 2026. Risks that are common among companies in the IT consulting & other services industry include Competition; customer demand; security and privacy; supply and trade; intellectual property. The first: Technology markets move fast, and rivals large and small can change prices or products. Source: 10-K, Item 1A Risk Factors.
Where do these Gartner numbers come from?
Two filings Gartner made with the SEC: its fiscal 2025 10-K, filed Feb 12, 2026, and its 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026. The figures are taken from the XBRL data the SEC publishes, and every one links back to its source. Methodology explains how fiscal years and missing numbers are handled.
Tracked funds that report owning Gartner
- Two Sigma Investments: 2,129,702 shares, reported value $276.1M at Jun 30, 2026 (+88.9% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Citadel Advisors: 590,275 shares, reported value $76.5M at Jun 30, 2026 (+700.2% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
- Renaissance Technologies: 534,069 shares, reported value $69.2M at Jun 30, 2026 (+75.1% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 13, 2026.
- Millennium Management: 409,564 shares, reported value $53.1M at Jun 30, 2026 (+31.5% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Bridgewater Associates: 17,444 shares, reported value $2.3M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.
Disclosures
- Editor holdings in IT
- The editor holds no position in Gartner (IT). As of Nov 11, 2026.
- Trading rule
- The editor does not buy or sell IT from 3 days before to 3 days after this page is published or substantively updated.
- Compensation
- Nobody paid for this page. No affiliate links on this page.
- Sources
- The company's SEC filings, linked next to each number or, for charts, in the source line under them.
- Last updated
- Nov 10, 2026
General education, the same for every reader. Not a recommendation to buy, sell or hold IT, and it doesn't consider your situation.
Compare with peers
| Company | Fiscal year | Revenue | Revenue growth | Net income |
|---|---|---|---|---|
| GartnerIT | FY2025 | $6.5B | +3.7% | $729M |
| IBM | FY2025 | $67.5B | +7.6% | $10.6B |
| AccentureACN | FY2026 | $74.2B | +6.5% | $8.4B |
| CognizantCTSH | FY2025 | $21.1B | +7.0% | $2.2B |
Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.
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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.