Gartner (IT) 10-K Summary — Year Ended Dec 31, 2023
Gartner reported increased revenue for the latest annual period, supported by growth in its core research and advisory services. Operating cash flow remained strong, reflecting ongoing demand for the company's offerings.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Gartner reported increased revenue for the latest annual period, supported by growth in its core research and advisory services. Operating cash flow remained strong, reflecting ongoing demand for the company's offerings.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.9B
Revenue reported for the fiscal year.
Operating income
$1.2B
Income from operations reported for the year.
Net income
$882.5M
Net income reported for the year.
Operating cash flow
$1.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $4.7B | n/a |
| Dec 31, 2022 | $5.5B | +15.7% |
| Dec 31, 2023 | $5.9B | +7.9% |
Business overview
Gartner provides actionable insights, guidance, and tools that enable clients to make faster, smarter decisions. The company's business is organized around research, conferences, and consulting, serving a broad base of executives and their teams across various industries.
Financial performance
Revenue increased compared to the prior year, driven by higher demand across the company's segments. Operating income and net income both grew, and operating cash flow remained substantial.
Material risks
The filing identifies potential risks including competitive pressures, technological disruption, and the need to attract and retain talent. Changes in economic conditions could affect client spending on research and advisory services.
Liquidity and capital
The company generated significant cash from operations, which it uses to fund strategic investments and returns to shareholders. The filing does not provide further detail on specific capital-allocation plans.
What to watch
Monitor changes in client spending patterns, as economic conditions could influence demand for subscription-based research services.