NYSE$IT
Gartner Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Gartner's Q1 2024 financial performance was ahead of expectations, marked by strong profitability and free cash flow.
Gartner reported a 4.5% increase in revenue to $1.5 billion. Net income decreased by 28.8% to $211 million, while diluted EPS decreased by 27.4% to $2.67. The company's contract value grew by 6.9% year-over-year on an FX neutral basis.
- Revenue increased by 4.5% to $1.5 billion, or 4.6% on an FX neutral basis.
- Net income decreased by 28.8% to $211 million, with a diluted EPS of $2.67, down 27.4%.
- Adjusted EBITDA increased by 0.8% to $382 million, or 1.7% on an FX neutral basis, with an adjusted EPS of $2.93, up 1.7%.
- Operating cash flow increased by 14.7% to $189 million, and free cash flow increased by 15.8% to $166 million.
Headline financials
Revenue & EPS history
Gartner · Revenue · Quarterly
$1.47B
Revenue by segment
Gartner · $190M total across 2 segments · Q3 2023
- Consulting$133M+24.1%69.9%
- Conferences$57.2M-25.7%30.1%
Forward guidance
Gartner increased its guidance for 2024 on an FX neutral basis and is well positioned for contract value growth to accelerate throughout the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+1.0%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.6%
Avg return
30 days after
50%
34 / 68 earnings
Positive
+17.0%
Q1 2021
Best reaction
-20.9%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.6% | +7.4% | +11.0% | |
| Q4 2025 | -20.9% | -22.8% | -15.5% | |
| Q3 2025 | -7.6% | -6.2% | -5.6% | |
| Q1 2025 | +1.3% | +1.3% | -1.3% | |
| Q4 2024 | -0.1% | -3.4% | -11.8% | |
| Q3 2024 | +6.3% | +8.4% | +2.3% | |
| Q2 2024 | +6.4% | +1.8% | +3.2% | |
| Q1 2024 | -5.9% | -4.5% | -7.6% | |
| Q4 2023 | -4.2% | -1.3% | +0.0% | |
| Q3 2023 | +16.3% | +18.8% | +30.7% | |
| Q2 2023 | -3.6% | -4.7% | -1.1% | |
| Q1 2023 | -0.6% | -1.3% | +10.6% | |
| Q4 2022 | +1.6% | +2.0% | -2.5% | |
| Q3 2022 | +5.5% | +5.8% | +18.0% | |
| Q2 2022 | +7.1% | +9.8% | +8.3% | |
| Q1 2022 | -3.4% | -12.8% | -7.4% | |
| Q4 2021 | +2.7% | -2.1% | -4.7% | |
| Q3 2021 | -0.8% | +0.9% | -3.0% | |
| Q2 2021 | +9.4% | +10.5% | +17.7% | |
| Q1 2021 | +17.0% | +18.5% | +18.0% | |
| Q4 2020 | +7.5% | +8.8% | +10.8% | |
| Q3 2020 | +13.8% | +18.4% | +22.1% | |
| Q2 2020 | +3.0% | +4.7% | +4.7% | |
| Q1 2020 | +6.6% | +0.9% | +17.4% | |
| Q4 2019 | -5.8% | -6.9% | -23.4% | |
| Q3 2019 | +6.4% | +7.5% | +9.4% | |
| Q2 2019 | -18.4% | -20.9% | -22.7% | |
| Q1 2019 | -4.8% | -4.7% | -4.5% | |
| Q4 2018 | -0.2% | -3.1% | -1.1% | |
| Q3 2018 | -3.7% | -3.6% | +3.8% | |
| Q2 2018 | -0.5% | +3.4% | +10.6% | |
| Q1 2018 | +7.9% | +9.1% | +11.0% | |
| Q4 2017 | -6.9% | -9.9% | -6.0% | |
| Q3 2017 | -5.5% | -6.2% | -4.5% | |
| Q2 2017 | -4.9% | -7.4% | -2.9% | |
| Q1 2017 | -0.2% | +0.2% | +6.5% | |
| Q4 2016 | +0.8% | -0.1% | +4.7% | |
| Q3 2016 | +8.3% | +13.5% | +16.1% | |
| Q2 2016 | -4.5% | -5.2% | -8.0% | |
| Q1 2016 | +11.2% | — | — | |
| Q4 2015 | -4.1% | — | — | |
| Q3 2015 | -4.4% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | -7.8% | — | — | |
| Q3 2014 | +3.9% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | +8.6% | — | — | |
| Q4 2013 | -1.9% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | -8.2% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | -5.7% | — | — | |
| Q3 2012 | -4.9% | — | — | |
| Q4 2011 | +7.7% | — | — | |
| Q2 2012 | +7.7% | — | — | |
| Q1 2012 | -2.6% | — | — | |
| Q3 2011 | +4.5% | — | — | |
| Q2 2011 | +2.4% | — | — | |
| Q1 2010 | -6.8% | — | — | |
| Q1 2011 | +2.3% | — | — | |
| Q4 2008 | -3.3% | — | — | |
| Q4 2010 | -3.3% | — | — | |
| Q3 2010 | -1.7% | — | — | |
| Q3 2009 | -1.7% | — | — | |
| Q2 2010 | +11.7% | — | — | |
| Q4 2009 | +11.7% | — | — | |
| Q2 2009 | +11.7% | — | — |
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