Gartner (IT) Revenue — Quarter Ended Sep 30, 2024
Revenue declined from the immediately preceding quarter, but rose compared to the same quarter one year earlier. The trailing twelve-month revenue was higher than the current quarter's annualized run rate.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue declined from the immediately preceding quarter, but rose compared to the same quarter one year earlier. The trailing twelve-month revenue was higher than the current quarter's annualized run rate.
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
-6.9%
Change from the immediately preceding quarter.
Year-over-year
+5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
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 |
|---|---|---|
| Dec 31, 2023 | $1.6B | +5.4% |
| Mar 31, 2024 | $1.5B | +4.5% |
| Jun 30, 2024 | $1.6B | +6.1% |
| Sep 30, 2024 | $1.5B | +5.4% |
Revenue performance
This quarter's revenue decreased sequentially, reversing the growth seen in the prior quarter.
Quarterly comparison
Revenue was lower than the previous quarter, yet higher than the same quarter a year ago, reflecting a mixed trend.
What to watch
The sequential decline warrants attention given the prior quarter's growth.