Gartner, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $729.2M | $1.25B | $882.5M | $807.8M | $793.6M | $266.7M | $233.3M | $122.5M |
| Depreciation & Amortization | $200.3M | $202.3M | $191.1M | $191.9M | $212.4M | $219.0M | $211.8M | $255.6M |
| Depreciation | $118.0M | $112.1M | $98.6M | $93.4M | $102.8M | $93.9M | $82.1M | $68.6M |
| Amortization | $82.3M | $90.2M | $92.5M | $98.5M | $109.6M | $125.1M | $129.7M | $187.0M |
| Stock-Based Compensation | $155.9M | $154.8M | $129.8M | $90.6M | $98.6M | $62.5M | $69.0M | $66.2M |
| Net Cash from Operating Activities | $1.29B | $1.48B | $1.16B | $1.10B | $1.31B | $903.3M | $565.4M | $471.2M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $2.0M | $3.8M | $9.5M | $22.9M | $0 | $26.0M | $15.9M |
| Net Cash from Investing Activities | $-115.1M | $-103.7M | $54.2M | $-117.6M | $-80.5M | $-83.9M | $-160.9M | $384.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $1.99B | $735.4M | $606.2M | $1.04B | $1.66B | $176.3M | $199.0M | $260.8M |
| Net Cash from Financing Activities | $-1.44B | $-710.1M | $-588.9M | $-1.03B | $-1.16B | $-416.2M | $-286.0M | $-1.26B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |