Gartner (IT) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same period last year. The growth rate relative to the prior quarter was lower than in some previous comparisons.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same period last year. The growth rate relative to the prior quarter was lower than in some previous comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+6.7%
Change from the immediately preceding quarter.
Year-over-year
+9.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.3B | +15.2% |
| Dec 31, 2022 | $1.5B | +15.2% |
| Mar 31, 2023 | $1.4B | +11.6% |
| Jun 30, 2023 | $1.5B | +9.2% |
Revenue performance
The reported revenue moved higher for the quarter. Both the immediate prior quarter and the year-ago quarter showed increases as well, with the year-ago comparison rising more strongly.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. The increase versus the same quarter one year earlier was also positive and exceeded the sequential gain.
What to watch
Monitor whether the pace of year-over-year revenue growth continues to moderate relative to earlier periods.