Gartner, Inc. functions as a premier research and advisory enterprise, extending its reach across the United States, Canada, Europe, the Middle East, ...
Gartner, Inc. is a leading global research and advisory firm that empowers business leaders with the insights needed to drive innovation and achieve their strategic objectives. With over 20,000 associates in 85 offices worldwide, Gartner serves more than 15,000 enterprises in over 100 countries, delivering value through its unique model ...Gartner, Inc. is a leading global research and advisory firm that empowers business leaders with the insights needed to drive innovation and achieve their strategic objectives. With over 20,000 associates in 85 offices worldwide, Gartner serves more than 15,000 enterprises in over 100 countries, delivering value through its unique model that combines expert guidance, proprietary data, and actionable tools.
The company's business is structured into three primary divisions: Research, Conferences, and Consulting. The Research division offers subscription-based access to a vast library of published research, benchmarks, and data, along with direct consultations with analysts who are specialists in their fields. This service enables organizations to stay abreast of market trends, emerging technologies, and industry best practices. The Conferences segment hosts premier events where business and IT professionals gather to learn, network, and exchange ideas, fostering collaboration and thought leadership. The Consulting division provides customized solutions, including market research, strategic analysis, and on-site support, to address complex challenges such as IT cost optimization, digital transformation, and sourcing strategies.
Financially, Gartner is a robust entity with a market capitalization of approximately $12.4 billion as of the latest data. The company generates gross profit margins of nearly 69% and a net profit margin of 12%, reflecting its high-margin subscription model. With an enterprise value of $13.9 billion, Gartner's financial health is supported by strong cash flow from operations, which exceeds $10 billion in free cash flow yield. The company consistently invests in research and development, allocating 22.8% of revenue to R&D, underscoring its commitment to innovation and maintaining its competitive edge.
Gartner's leadership team is headed by CEO Eugene A. Hall, who has served since 2004 and became Chairman of the Board in 2024. The company was founded by Gideon Gartner in 1979, a visionary entrepreneur who also established other successful research and advisory firms. Under Hall's stewardship, Gartner has expanded its global footprint and solidified its position as a trusted partner for enterprises navigating the complexities of the digital age.
In terms of operational performance, Gartner achieves a high asset turnover of 0.899, indicating efficient use of its assets. The company maintains a reasonable debt profile with a debt-to-equity ratio (though negative due to shareholder equity being negative) but manages a strong interest coverage ratio of 14.18, ensuring its ability to meet financial obligations. Gartner also returns value to shareholders through dividends, with a last dividend of $1.195 per share.
Gartner's mission is to deliver objective, indispensable business and technology insights, enabling clients to make better decisions and achieve superior performance. By combining deep industry expertise with a vast data ecosystem, Gartner helps organizations transform their business strategies, optimize IT investments, and stay ahead of market disruptions. Its comprehensive suite of services, from flagship research to immersive conferences and tailored consulting, makes Gartner an invaluable asset for any enterprise seeking to thrive in a rapidly evolving technological landscape.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$6.5B
+3.7%
+10.9%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$729.2M
-41.8%
+23.9%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+67.7%
-0.1%
-0.9%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
+15.8%
-14.4%
+8.2%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
+11.2%
-43.9%
+11.7%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$1.2B
-15.0%
+2.1%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
+18.1%
-18.0%
-8.0%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
1131.0%
+430.1%
-133.6%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
1.00x
-5.6%
-6.2%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
David Cohen: Good morning, everyone. Welcome to Gartner's Second Quarter 2026 Earnings Call. I'm David Cohen, SVP of Investor Relations. [Operator Instructions] After comments by Gene Hall, Gartner's Chairman and Chief Executive Officer; and Craig Safian, Gartner's Chief Financial Officer, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. This call will include a discussion of second quarter 2026 financial results and Gartner's outlook for 2026, as disclosed in today's earnings release and earnings supplement, both posted to our website, investor.gartner.com. On the call, unless stated otherwise, all references to revenue are for adjusted revenue and all references to EBITDA are for adjusted EBITDA, in each case excluding the divested operation and with the adjustments as described in our earnings release and supplement. All contract values and associated growth rates we discuss are FX neutral. All references to share counts are for fully diluted weighted average share counts unless stated otherwise. Reconciliations for all non-GAAP numbers we use are available in the Investor Relations section of the gartner.com website. As set forth in more detail in today's earnings release, certain statements made on this call may constitute forward-looking statements. Forward-looking statements can vary materially from actual results and are subject to a number of risks and uncertainties, including those contained in the company's 2025 annual report on Form 10-K and quarterly reports on Form 10-Q, as well as in other filings with the SEC. I encourage all of you to review the risk factors listed in these documents. Now I will turn the call over to Gartner's Chairman and Chief Executive Officer, Gene Hall.
Eugene Hall: Good morning. Thanks for joining us today. Second quarter revenue, EBITDA, adjusted EPS and free cash flow were ahead of expectations. Return on invested capital was 31%. Client engagement improved again, up 140 basis points compared to last year. Contract value growth accelerated compared to the first quarter. Midsized enterprise clients across both GTS and GBS grew mid-single digits year-over-year. We saw positive NCVI with our government clients. Wallet retention across both GTS and GBS improved sequentially. We delivered above-average growth in several of our end markets, and we remained agile in managing expenses. We have a strong and enduring value proposition. Gartner proactively guides C-level executives and their teams across every major enterprise function, in every major geography, industry and market sector on their journeys to achieve their mission-critical priorities. Our insights help clients in 4 critical areas. We identify blind spots, see around corners, fill critical information gaps and prepare for the future. First, we leverage our vantage point across about 13,000 diverse enterprises to help leaders identify blind spots and avoid common …