Gartner’s Strong Financial Performance in Q4 2024

Gartner ( (IT) ) has released its Q4 earnings. Here is a breakdown of the information Gartner presented to its investors.

Gartner, Inc., a leading global research and advisory firm, provides insights and tools to help executives make informed decisions and improve their organization’s performance. The company operates in the technology and consulting sector, delivering exceptional value through its expert guidance.

In its latest earnings report, Gartner announced strong financial results for the fourth quarter of 2024, surpassing expectations. The company achieved significant revenue growth, alongside notable increases in net income and cash flow, reflecting its robust operational performance and strategic execution.

Key financial highlights for the fourth quarter include an 8% increase in revenues to $1.7 billion and a 91% rise in net income to $399 million. Additionally, Gartner reported a substantial boost in diluted earnings per share, which climbed by 94% to $5.11. The company also demonstrated strong cash flow generation, with operating cash flow and free cash flow increasing by 50% and 59%, respectively.

For the full year of 2024, Gartner achieved a 6% growth in revenues, totaling $6.3 billion, and a 42% increase in net income, amounting to $1.3 billion. The company repurchased 1.6 million shares, reducing the outstanding share count by 1% year-over-year. These figures highlight Gartner’s sustained ability to drive growth and shareholder value.

Looking ahead, Gartner’s management remains optimistic about future prospects, with plans to accelerate hiring and sustain double-digit growth. The company is well-positioned to continue delivering valuable insights and support to its clients, ensuring long-term success in the competitive market.