FirmAtlas
Company handbook · IT · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
IT · CIK 749251 · LATEST FILING: 10-Q JUN '26 · FILED AUG 4, 2026
GARTNER, INC.
$205.35
−1.96 (−0.95%)
Close, Oct 16, 2026 · 52-week $124–261
Last fiscal year
GARTNER, INC. reported revenue of $6.5B for the year ended Dec 31, 2025 (FY25), up 3.7% from FY24. Net income was $729M, operating cash flow $1.3B and free cash flow $1.2B. Source: 10-K filed Feb 12, 2026.
Market cap
$15.5B
P/E
20.0
EV/EBITDA
13.7x
ROIC
44.6%
Revenue 1Y
3.7%/yr
EPS 1Y
−39.7%/yr
Shares 1Y
−3%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
HQStamford, CT
AuditorKPMG LLP
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
8.9%
−8.0%
−16.7%
−13.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$2.9B deployed
Capex
$217M
7.4%
Buybacks
$2.7B
92.6%
Operating cash flow over the period: $2.8B. Total debt changed by +$522M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
6,267
6,497+3.7%
6,464
YoY
+3.7%
Gross profit
4,278
4,468+4.5%
4,530
Gross margin
68.3%
68.8%+0.5 pp
—
Operating income
1,156
1,026−11.3%
1,115
Operating margin
18.4%
15.8%−2.7 pp
—
EBITDA
1,359
1,226−9.8%
—
EBITDA margin
21.7%
18.9%−2.8 pp
—
Interest expense
131
125−4.4%
—
Interest coverage
10.37x
9.79x−0.58x
—
Net income
1,254
729−41.8%
775
YoY
−41.8%
Net margin
20.0%
11.2%−8.8 pp
—
EPS (diluted, $)
16.00
9.65−39.7%
10.99
YoY
−39.7%
Balance sheet
Total assets
8,535
8,085−5.3%
7,194
Cash & short-term investments
1,933
1,723−10.9%
—
Accounts receivable
1,696
1,685−0.7%
—
Net PP&E
243
214−11.8%
—
Other assets
4,662
4,464−4.3%
—
Total liabilities
7,176
7,765+8.2%
7,361
Accounts payable
56
50−10.8%
—
Total debt
2,460
2,982+21.2%
2,979
Other liabilities
4,660
4,734+1.6%
—
Shareholders’ equity
1,359
320−76.5%
(167)
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,485
1,290−13.1%
1,383
Net income
1,254
729−41.8%
—
Depreciation & amortization
202
200−1.0%
—
Stock-based compensation
155
156+0.7%
—
Working capital & other
(126)
205n/m
—
Cash from investing
(104)
(115)n/m
—
Capex
(102)
(115)n/m
—
Acquisitions
(2)
0n/m
—
Other investing
0
0n/m
—
Cash from financing
(710)
(1,440)n/m
—
Debt raised
0
800n/m
—
Debt repaid
(274)
0n/m
—
Buybacks
(735)
(1,991)n/m
—
Other financing
300
(248)−182.9%
—
Net change in cash
671
(264)−139.4%
—
Free cash flow (OCF − capex)
1,383
1,175−15.0%
1,289
Where the cash went
Operating cash flow
1,485
1,290−13.1%
1,383
Reinvested in the business
104
115+11.0%
—
% of operating cash flow
7.0%
8.9%
Capex
102
115+13.2%
94
Acquisitions
2
0−100.0%
—
Free cash flow
1,383
1,175−15.0%
1,289
YoY
−15.0%
Returned to shareholders
735
1,991+170.8%
—
% of free cash flow
53.2%
169.4%
Buybacks
735
1,991+170.8%
—
Change in total debt
—
522
—
Cash left over
—
(294)
—
FCF conversion (FCF ÷ net income)
110.3%
161.2%+50.8 pp
—
Owner earnings
—
820
—
Owner earnings margin
—
12.6%
—
Returns & ratios
ROIC (all capital)
55.4%
44.6%−10.8 pp
—
ROIC (operating)
55.5%
41.4%−14.1 pp
—
Net debt / EBITDA
0.39x
1.03x+0.64x
—
Debt / equity
1.81x
9.32x+7.51x
—
ROE
92.2%
228.0%+135.7 pp
—
ROA
14.7%
9.0%−5.7 pp
—
ROCE
25.3%
25.6%+0.2 pp
—
NOPAT
1,045
773−26.1%
—
Invested capital (operating)
1,883
1,849−1.8%
—
Invested capital (all)
1,886
1,579−16.3%
—
Reinvestment rate
—
−4.5%
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,524
1,753
1,511
1,676
vs year-ago quarter
Gross profit
1,057
1,188
1,086
1,198
Gross margin
69.3%
67.8%
71.9%
71.5%
Operating income
86
334
316
379
Net income
35
242
222
275
vs year-ago quarter
Net margin
2.3%
13.8%
14.7%
16.4%
EPS (diluted, $)
0.47
3.20
3.18
4.14
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
7,249
8,085
7,655
7,194
Cash & equivalents
1,431
1,723
1,667
1,489
Total debt
2,463
2,982
2,983
2,979
Shareholders’ equity
557
320
63
(167)
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
299
295
391
398
Capex
29
24
20
20
Free cash flow
269
271
371
378
vs year-ago quarter