Gartner said total revenues for 2024 were $6.3 billion, an increase of 6% compared to 2023 on both a reported basis and excluding the foreign currency impact. Net income increased to $1.3 billion in 2024 from $882.5 million in 2023, and diluted earnings per share was $16.00 in 2023 compared to $11.08 in the prior year.

10-KAnnual reportFiled Feb 13, 2025Period of report Dec 31, 2024Summary published (UTC) Oct 11, 2026

Key points

AI summary

Gartner said total revenues for 2024 were $6.3 billion, an increase of 6% compared to 2023 on both a reported basis and excluding the foreign currency impact. Net income increased to $1.3 billion in 2024 from $882.5 million in 2023, and diluted earnings per share was $16.00 in 2023 compared to $11.08 in the prior year.
The company said it resolved all remaining event cancellation insurance claims for 2020 and 2021 under a settlement agreement on July 25, 2024 for $300.0 million, with the amount reflected as a gain on event cancellation insurance claims in 2024. It cited this gain as the primary factor in the increase in net income.
Gartner said Research revenues for 2024 were $5.1 billion, an increase of 5%, Conferences revenues were $583.2 million, an increase of 15%, and Consulting revenues were $558.5 million, an increase of 9%. Gross contribution margin was 74% for Research in both 2023 and the prior year, 48% for Conferences in 2023 compared to 50% in the prior year, and 36% for Consulting in 2023 compared to 35% in the prior year.
Cash provided by operating activities in 2024 was $1.5 billion, an increase from $1.2 billion in 2023, and the company cited insurance proceeds received in 2024 of $300.0 million among the factors for the increase. As of 2024, cash and cash equivalents were $1.9 billion, and during 2024 the company repurchased 1.6 million shares for approximately $0.7 billion.

Key figures

Fiscal year ended December 31, 2024

Revenue: $6.3B
Operating income: $1.2B
Net income: $1.3B
EPS: $16.00
Gross profit: $4.3B
Operating cash flow: $1.5B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Annual revenues, net income and diluted earnings per share

Gartner said total revenues for 2024 were $6.3 billion, an increase of 6% compared to 2023 on both a reported basis and excluding the foreign currency impact. Net income increased to $1.3 billion in 2024 from $882.5 million in 2023, and diluted earnings per share was $16.00 in 2023 compared to $11.08 in the prior year.

Source · Based on the MD&A text of the filing

Event cancellation insurance settlement of $300.0 million and factors in net income increase

The company said it resolved all remaining event cancellation insurance claims for 2020 and 2021 under a settlement agreement on July 25, 2024 for $300.0 million, with the amount reflected as a gain on event cancellation insurance claims in 2024. It cited this gain as the primary factor in the increase in net income.

Source · Based on the MD&A text of the filing

Segment revenues and gross contribution margin

Gartner said Research revenues for 2024 were $5.1 billion, an increase of 5%, Conferences revenues were $583.2 million, an increase of 15%, and Consulting revenues were $558.5 million, an increase of 9%. Gross contribution margin was 74% for Research in both 2023 and the prior year, 48% for Conferences in 2023 compared to 50% in the prior year, and 36% for Consulting in 2023 compared to 35% in the prior year.

Source · Based on the MD&A text of the filing

Operating cash flow, cash and share repurchases

Cash provided by operating activities in 2024 was $1.5 billion, an increase from $1.2 billion in 2023, and the company cited insurance proceeds received in 2024 of $300.0 million among the factors for the increase. As of 2024, cash and cash equivalents were $1.9 billion, and during 2024 the company repurchased 1.6 million shares for approximately $0.7 billion.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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