Gartner Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	729.23	1,254	882.47	807.8	793.56
Depreciation & Amortization	131.91	142.22	143.3	152.35	177.81
Other Amortization	72.69	64.69	52.49	44.17	38.76
Loss (Gain) From Sale of Assets	-	-	-135.41	-	-
Asset Writedown & Restructuring Costs	154.77	10.91	20.37	53.97	49.54
Stock-Based Compensation	155.88	154.78	129.84	90.57	98.57
Other Operating Activities	64.54	-100.21	2.11	-12.92	13.35
Change in Accounts Receivable	38.03	-137.77	-24.66	-240.7	-145.35
Change in Accounts Payable	-10.8	29.4	-28.55	-101.91	121.24
Change in Unearned Revenue	-41.94	181.18	169.92	297.12	324.06
Change in Other Net Operating Assets	-3.93	-113.99	-56.14	10.98	-159.07
Operating Cash Flow	1,290	1,485	1,156	1,101	1,312
Operating Cash Flow Growth	-13.10%	28.48%	4.93%	-16.08%	45.30%
Capital Expenditures	-115.14	-101.74	-103.12	-108.05	-59.83
Cash Acquisitions	-	-2	-3.8	-9.51	-22.94
Divestitures	-	-	161.08	-	-
Other Investing Activities	-	-	-	-	2.31
Investing Cash Flow	-115.14	-103.74	54.16	-117.56	-80.47
Long-Term Debt Issued	799.86	274.4	-	-	600
Short-Term Debt Repaid	-274.4	-	-	-	-
Long-Term Debt Repaid	-	-274.4	-7.8	-5.93	-112.92
Total Debt Repaid	-274.4	-274.4	-7.8	-5.93	-112.92
Net Debt Issued (Repaid)	525.46	-	-7.8	-5.93	487.09
Issuance of Common Stock	32.45	28.19	25.11	22.23	18.17
Repurchase of Common Stock	-1,991	-735.36	-606.19	-1,044	-1,656
Other Financing Activities	-6.48	-2.97	-	-	-7.32
Financing Cash Flow	-1,440	-710.14	-588.88	-1,027	-1,158
Foreign Exchange Rate Adjustments	53.87	-57.49	-0.01	-18.43	-26.38
Net Cash Flow	-210.63	613.55	621	-62	48.02
Free Cash Flow	1,175	1,383	1,053	993.37	1,253
Free Cash Flow Growth	-15.04%	31.41%	5.96%	-20.70%	52.87%
Free Cash Flow Margin	18.09%	22.07%	17.82%	18.14%	26.46%
Free Cash Flow Per Share	15.54	17.66	13.21	12.25	14.54
Cash Interest Paid	99.5	100.09	119.04	112.83	101.89
Cash Income Tax Paid	209.56	312.9	306.68	174.8	253.38
Levered Free Cash Flow	922.79	951.34	1,005	837.14	1,000
Unlevered Free Cash Flow	996.49	1,026	1,083	911.44	1,058
Change in Working Capital	-18.64	-41.18	60.57	-34.51	140.88

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q