Gartner Q2 revenue rises 5.7% to $1.7 bln, beats estimates

Gartner

05/08/2025 11:13

Overview

Gartner Q2 revenue rises 5.7% to $1.7 bln, beating analysts' expectations

Adjusted EPS up 9.6% to $3.53, surpassing estimates, per LSEG data

Co repurchased 0.7 mln shares for $274 mln, boosts buyback authorization by $700 mln

Outlook

Gartner continues rollout of AI tool AskGartner to enhance client value

Company focuses on increasing shareholder value through accelerated stock buybacks

Result Drivers

AI TOOL LAUNCH - Rollout of AskGartner, AI-powered tool, enhances client access to insights, per CEO Gene Hall

CONTRACT VALUE GROWTH - Contract value grew 5% YoY, contributing to revenue increase

SEGMENT PERFORMANCE - Conferences and consulting segments showed strong revenue growth, aiding overall results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.70 bln
$1.67 bln (8 Analysts)
Q2 Adjusted EPS
Beat
$3.53
$3.3 (10 Analysts)
Q2 EPS
$3.11
Q2 Net Income
$241 mln
Q2 Adjusted EBITDA
Beat
$443 mln
$422.40 mln (7 Analysts)
Q2 Free Cash Flow
$347 mln
Q2 Operating Cash Flow
$384 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Gartner Inc is $470.00, about 28.4% above its August 4 closing price of $336.71

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nBw5mB1qQa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)