NYSE$IT

Gartner Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Gartner's Q2 2022 financial results were reported, showcasing growth in revenue and adjusted EPS.

Gartner reported a strong second quarter with double-digit growth in contract value, revenue, and Adjusted EPS. The company raised its guidance and continues to buy back stock.

  • Revenues reached $1.4 billion, a 17.9% increase as reported and 21.8% FX neutral.
  • Net income was $205 million, with adjusted EBITDA at $389 million, a 9.5% increase as reported and 14.2% FX neutral.
  • Diluted EPS was $2.53, while adjusted EPS was $2.85, a 27.2% increase.
  • Operating cash flow was $416 million, and free cash flow was $395 million.

Headline financials

Total Revenue

$1.38B

Previous: $1.17B+17.9%
EPS (adj)

$2.85

Previous: $2.24+27.2%
GTS Contract Value

$3.4B

Previous: $3.1B+9.7%
GBS Contract Value

$900M

Previous: $800M+12.5%
Capital Expenditures

-$38.4M

Previous: -$24.5M-56.8%
Free Cash Flow

$167M

Previous: $247M-32.5%
Net Income

$205M

Previous: $271M-24.4%
Operating Income

$297M

Previous: $275M+8.2%
Gross Profit

$952M

Previous: $817M+16.6%
Cash & Equivalents

$360M

Previous: $796M-54.7%
Total Assets

$6.59B

Previous: $7.19B-8.3%
Stock-Based Comp

$24.5M

Previous: $26.2M-6.6%

Revenue & EPS history

Gartner · Revenue · Quarterly

$1.38B

Q2 2022+17.9%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Gartner · $235M total across 2 segments · Q2 2022

  • Consulting
    $121M+14.2%
  • Conferences
    $114M+96.6%

Forward guidance

Gartner is again raising our guidance and remain well-positioned to deliver long-term, sustained, double-digit growth. And we continue to buy back stock, which will increase our per share results this year and beyond.

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 Q2 2022

Historical avgQ2 2022

+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

Earnings price reactions
QuarterReport dateReaction (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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