Gartner, Inc. (IT) Income Statement
IT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIT revenue and net income
Where IT's revenue goes
2025Each bar shows an amount and its share of revenue. IT kept 11.2% of revenue as net income.
IT profit margins
IT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.7% | +5.9% | +9.6% | +11.6% |
| Gross profit | +3.6% | +5.1% | +9.8% | +12.7% |
| Operating income | −11.3% | −2.3% | +15.9% | +13.5% |
| Net income | −41.8% | −3.4% | +22.3% | +15.3% |
| EPS (diluted) | −6.3% | +5.4% | +21.9% | +18.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IT quarterly EPS vs estimates
Gartner beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 3, 2026 (estimate $2.86).
IT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.50B | $6.27B | $5.91B | $5.48B | $4.73B | $4.10B | $4.25B | $3.98B | $3.31B | $2.44B |
| Cost of revenue | $2.10B | $2.02B | $1.90B | $1.69B | $1.44B | $1.35B | $1.55B | $1.47B | $1.32B | $945.6M |
| Gross profit | $4.40B | $4.24B | $4.00B | $3.78B | $3.29B | $2.75B | $2.69B | $2.51B | $1.99B | $1.50B |
| Research & development | $1.05B | $60.1M | $47.8M | $1.69B | $34.6M | $1.35B | $1.55B | $1.47B | $1.32B | $945.6M |
| Sales, general & admin | $3.07B | $2.88B | $2.70B | $2.48B | $2.00B | $2.04B | $2.10B | $1.88B | $1.60B | $1.09B |
| Total operating expenses | $3.37B | $3.09B | $2.77B | $2.68B | $2.37B | $2.26B | $2.32B | $2.25B | $2.00B | $1.19B |
| Operating income | $1.03B | $1.16B | $1.24B | $1.10B | $915.8M | $490.1M | $370.1M | $259.7M | −$6.3M | $305.1M |
| Interest income | $60.6M | $61.6M | $38.5M | $69.3M | $116.6M | $113.3M | $3.0M | $2.6M | $3.0M | $2.4M |
| Interest expense | $112.1M | $131.0M | $132.8M | $126.2M | $118.5M | $115.6M | $102.8M | $126.8M | $127.9M | $27.6M |
| Income before taxes | $968.1M | $1.39B | $1.15B | $1.03B | $969.9M | $326.1M | $275.7M | $181.1M | −$127.8M | $288.4M |
| Income taxes | $238.9M | $133.7M | $264.7M | $219.4M | $176.3M | $59.3M | $42.4M | $58.7M | −$131.1M | $94.8M |
| Net income | $729.2M | $1.25B | $882.5M | $807.8M | $793.6M | $266.7M | $233.3M | $122.5M | $3.3M | $193.6M |
| EBITDA | $1.23B | $1.72B | $1.47B | $1.35B | $1.30B | $660.8M | $590.3M | $563.5M | $240.3M | $378.0M |
| EPS (diluted) | $13.21 | $14.10 | $11.33 | $11.29 | $9.26 | $4.90 | $3.91 | $3.80 | $3.30 | $2.87 |
| Gross margin | 67.7% | 67.7% | 67.8% | 69.1% | 69.5% | 67.2% | 63.5% | 63.1% | 60.1% | 61.3% |
| Operating margin | 15.8% | 18.4% | 20.9% | 20.1% | 19.3% | 12.0% | 8.7% | 6.5% | −0.2% | 12.5% |
| Net margin | 11.2% | 20.0% | 14.9% | 14.8% | 16.8% | 6.5% | 5.5% | 3.1% | 0.1% | 7.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.51B | $1.75B | $1.52B | $1.69B | $1.53B | $1.72B | $1.48B | $1.60B | $1.47B | $1.59B | $1.41B |
| Cost of revenue | $486.9M | $429.3M | $620.5M | $474.2M | $531.7M | $475.0M | $574.9M | $475.3M | $513.3M | $459.4M | $529.8M | $450.8M |
| Gross profit | $1.19B | $1.08B | $1.13B | $1.05B | $1.15B | $1.06B | $1.14B | $1.01B | $1.08B | $1.01B | $1.06B | $957.9M |
| Research & development | — | $429.3M | $572.6M | $474.2M | $531.7M | — | $60.1M | $475.3M | $513.3M | $459.4M | $47.8M | $450.8M |
| Sales, general & admin | $764.6M | $726.3M | $797.9M | $762.6M | $776.9M | $730.3M | $771.2M | $711.7M | $712.1M | $689.8M | $703.8M | $660.2M |
| Total operating expenses | $809.8M | $765.6M | $797.9M | $963.5M | $827.6M | $781.1M | $822.4M | $763.1M | $763.0M | $739.6M | $754.9M | $713.5M |
| Operating income | $379.3M | $316.1M | $334.2M | $86.3M | $327.1M | $278.0M | $317.8M | $245.8M | $318.8M | $273.9M | $301.4M | $244.4M |
| Interest income | — | — | $19.1M | $16.3M | $11.8M | $13.4M | $12.3M | $18.0M | — | — | — | $21.8M |
| Interest expense | $22.3M | $21.0M | $19.1M | $16.3M | $11.8M | $13.4M | $12.3M | $18.0M | $20.0M | $19.2M | $20.5M | $21.8M |
| Income before taxes | $354.6M | $292.4M | $313.8M | $69.5M | $317.8M | $267.0M | $301.6M | $526.9M | $299.3M | $259.6M | $277.3M | $224.5M |
| Income taxes | $79.1M | $70.1M | $71.7M | $34.1M | $77.0M | $56.1M | −$96.9M | $111.8M | $69.7M | $49.0M | $68.6M | $44.5M |
| Net income | $275.5M | $222.3M | $242.1M | $35.4M | $240.8M | $210.9M | $398.6M | $415.0M | $229.5M | $210.5M | $208.6M | $180.0M |
| EBITDA | $422.1M | $364.2M | $380.8M | $136.7M | $380.3M | $331.2M | $426.7M | $596.1M | $369.8M | $328.1M | $385.6M | $294.8M |
| EPS (diluted) | $4.37 | $3.32 | $3.94 | $2.76 | $3.53 | $2.98 | $5.45 | $2.50 | $3.22 | $2.93 | $3.04 | $2.56 |
| Gross margin | 70.9% | 71.6% | 64.6% | 68.9% | 68.5% | 69.0% | 66.5% | 68.0% | 67.8% | 68.8% | 66.6% | 68.0% |
| Operating margin | 22.6% | 20.9% | 19.1% | 5.7% | 19.4% | 18.1% | 18.5% | 16.6% | 20.0% | 18.6% | 19.0% | 17.3% |
| Net margin | 16.4% | 14.7% | 13.8% | 2.3% | 14.3% | 13.7% | 23.2% | 28.0% | 14.4% | 14.3% | 13.2% | 12.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IT's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IT financial results
In fiscal year 2025 (ended December 31, 2025), Gartner reported revenue of $6.5 billion, up 3.7% from the year before. It had net income of $729.2 million (down 41.8%), a net profit margin of 11.2%. Diluted earnings per share came to $13.21. Over five years revenue grew at an average rate of 9.6% a year.
See the IT stock overview for the latest quote and news, or the IT chart for price history and technical indicators.
IT income statement FAQ
What is Gartner's annual revenue?
Gartner reported total revenue of $6.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 3.7% from $6.3 billion the previous year.
Is Gartner profitable?
Yes. Gartner reported net income of $729.2 million in fiscal 2025, a net profit margin of 11.2%; its operating margin was 15.8%.
What is Gartner's gross margin?
Gartner's gross margin was 67.7% in fiscal 2025: for every $100 of revenue, Gartner kept $68 after the direct cost of its products and services.
How much does Gartner spend on research and development?
Gartner spent $1.0 billion on research and development in fiscal 2025, 16.1% of revenue.
How fast is Gartner growing?
Revenue grew 9.6% a year on average over the last five fiscal years, from $4.1 billion to $6.5 billion.
What are Gartner's earnings per share?
Gartner earned $13.21 per diluted share in fiscal 2025, compared with $14.10 a year earlier.
When will Gartner report its next earnings?
Gartner is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Gartner's fiscal year end?
Gartner's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.