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Gartner (IT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Gartner (IT) reported revenue of $1.5B for the third quarter 2025 (Q3 2025), +3% from a year earlier and -10% from the quarter before. Operating margin was 5.7%, net earnings $35.4M (2.3% of revenue).
Gartner, Q3 2025: revenue $1.5B (+3% year over year), operating margin 5.7%, net earnings $35.4M, operating cash flow $299M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -10% | +3% |
| Gross profit | $1.1B | -9% | +4% |
| Operating profit | $86.3M | -74% | -65% |
| Net earnings | $35.4M | -85% | -91% |
| Operating cash flow | $299M | -22% | -49% |
| Free cash flow | $269M | -22% | -52% |
What changed
Revenue was $1.5B in Q3 2025, up 3% year over year and down 10% from the previous quarter. Insights was the largest line at 83% of revenue. Insights added $0.06B year over year (up 5%), 154% of the total change. Other declined 23%.
Gross margin was 69.3%, up 0.9 points from a year earlier. Operating profit was $0.09B, a 5.7% margin (down 10.9 points year over year). Operating profit fell $0.16B even though revenue rose $0.04B versus a year earlier, so costs grew faster than sales. Operating expenses grew 26% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+259%). Net earnings were $0.04B, down 91% year over year. The effective tax rate was 49.1%.
Operating cash flow was $0.30B (down 49% year over year), 845% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.18B. Capital expenditures of $0.03B left free cash flow of $0.27B.
Questions
What was Gartner's revenue in the third quarter 2025?
Gartner (IT) reported revenue of $1.5B for the third quarter 2025 (Q3 2025), +3% from a year earlier and -10% from the quarter before.
Was Gartner profitable in the third quarter 2025?
Operating profit was $86.3M (5.7% of revenue) and net earnings $35.4M.
Source: Gartner 10-Q on SEC EDGAR.