Short answer
Gartner (IT) filed its fiscal 2025 10-K annual report with the SEC on Feb 12, 2026. It reported revenue of $6.5B (+3.7% year over year) and net income of $729M.
- Top risk flagged: Regulatory risk: U.S. One Big Beautiful Bill Act (OBBBA) enacted July 2025 with phased provisions through 2027, impact on future financials under assessment
FY2025 key financial metrics · XBRL
- Revenue
- $6.5B
- +3.7% YoY
- Net income
- $729M
- −41.8% YoY
- Operating margin
- 15.8%
- −2.7 pp YoY
- Gross margin
- 68.8%
- +0.5 pp YoY
- EPS (diluted)
- $9.65
- −39.7% YoY
- ROE
- 228.0%
- +135.7 pp YoY
- Operating cash flow
- $1.3B
- −13.1% YoY
Source: XBRL data from the Gartner (IT) FY2025 10-K on SEC EDGAR. USD.
Gartner FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: providing actionable business and technology insights, advisory, consulting, and conferences globally to 13,000+ enterprises across 90 countries
- New emphasis: renamed Research segment to Business and Technology Insights ("Insights") in Q2 2025; reclassified Gartner Digital Markets as a non-reportable operating segment included in "Other"
- Strategic shift: organizational restructuring in Q3 2025 changing segment reporting, separating Digital Markets from Insights segment
- Quantitative metric: significant share repurchases totaling $2.0 billion in 2025, increasing treasury stock to 92.8 million shares at cost $9.04 billion
- Noteworthy fact: recorded $150 million goodwill impairment charge in 2025 impacting operating income compared with prior years
Management Discussion & Analysis
- No explicit revenue or YoY change figures provided in text
- No profitability or margin % figures disclosed
- No segment performance data with dollar amounts mentioned
- No cash flow, buybacks, dividends, or capex figures presented
- Forward-looking risks: AI technology and regulation, customer renewals, competition, economic/geopolitical issues, inflation, acquisitions, cybersecurity, regulatory compliance, and sustainability commitments
Risk Factors
- Regulatory risk: U.S. One Big Beautiful Bill Act (OBBBA) enacted July 2025 with phased provisions through 2027, impact on future financials under assessment
- Geopolitical risk: U.S. federal government Insights contract value dropped over 50% in 2025 with $3.0 million contract terminations, exposure in early 2026
- Operational risk: Goodwill impairment of $150 million in 2025 due to Digital Markets reporting unit market weakness and internal restructuring
- Competitive risk: 2% decrease in quota-bearing sales associates in Global Technology Sales, potentially affecting competitive positioning versus market peers
- Financial risk: $2.0 billion stock repurchase in 2025 with $1.0 billion revolving credit borrowing capacity, potential leverage and liquidity considerations
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.