Gartner Inc. reported its first quarter 2025 financial results, highlighting a growth in contract value to $5.1 billion, a 6.7% increase year-over-year on a foreign exchange (FX) neutral basis. The company's revenues reached $1.534 billion, marking a 4.2% increase as reported and a 5.7% increase when adjusted for FX neutrality. Net income for the quarter was steady at $211 million, showing a slight increase of 0.2%. Diluted earnings per share $(EPS)$ rose to $2.71, reflecting a 1.5% increase. Operating cash flow surged by 66% to $314 million, while free cash flow increased by 73.3% to $288 million. Adjusted EBITDA was reported at $385 million, which represents a 0.7% increase as reported and a 2.9% increase on an FX neutral basis. Global Technology Sales Contract Value (GTS CV) was reported at $3.9 billion, showing a 5.5% year-over-year increase on an FX neutral basis. Meanwhile, Global Business Sales Contract Value (GBS CV) reached $1.2 billion, marking a 10.8% increase year-over-year on the same basis. CEO Gene Hall noted that the financial results exceeded expectations and emphasized the company's focus on managing costs to deliver an adjusted EBITDA margin above initial guidance while continuing to invest in future growth. The company remains committed to providing significant value to its clients.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.