Sector: Information Technology | Focus: IT Consulting & Other Services
HQ: Stamford, Connecticut
Financial Risks
Gartner faces risks from general economic conditions (inflation, recession), market volatility (interest rates, credit markets), integration of acquisitions, debt repayment, competition, maintaining/expanding customer base, attracting/retaining staff, enforcing intellectual property, technological changes, international operations (currency fluctuations), geopolitical events, restructuring charges, cybersecurity, government creditworthiness, tax policy changes, and legal proceedings. The document also notes potential fluctuations in operating income, making year-over-year comparisons less meaningful.
Financial Upside
Gartner's revenue increased 5% in Q3 2024 and 5% in the first nine months of 2024 compared to the prior year. Research and Conference segments saw growth, while Consulting revenue was slightly down. A $300 million gain from a settlement agreement boosted Q3 2024 net income. Strong cash flow, $1.8 billion in cash and cash equivalents, and available borrowing capacity provide financial flexibility. Contract value and backlog also increased.
