XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.25.3

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information by Segment | The tables below present information about the Company’s reportable segments for the periods indicated (in thousands).
Three Months Ended September 30, 2025 | Insights | Conferences | Consulting | Other (1) | Consolidated
Revenues | $ | 1,270,724 |  | $ | 74,554 |  | $ | 123,573 |  | $ | 55,221 |  | $ | 1,524,072 |
Less: |  |  |  |  |
Personnel expenses | 282,516 |  | 18,389 |  | 81,040 |  | 5,843 |  | 387,788 |
Product and content delivery expenses | 8,102 |  | 25,533 |  | 3,588 |  | 28,738 |  | 65,961 |
Other expenses (2) | 5,783 |  | 3,320 |  | 3,723 |  | 571 |  | 13,397 |
Gross contribution | 974,323 |  | 27,312 |  | 35,222 |  | 20,069 |  | 1,056,926 |
Cost of services and product development - unallocated (3) |  |  |  |  | 7,072 |
Selling, general and administrative |  |  |  |  | 762,557 |
Depreciation and amortization |  |  |  |  | 50,953 |
Goodwill impairment |  |  |  |  | 150,000 |
Interest expenses and other, net |  |  |  |  | 16,862 |
Income before income taxes |  |  |  |  | $ | 69,482 |
Three Months Ended September 30, 2024 | Insights | Conferences | Consulting | Other (1) | Consolidated
Revenues | $ | 1,209,524 |  | $ | 75,776 |  | $ | 127,622 |  | $ | 71,384 |  | $ | 1,484,306 |
Less: |  |  |  |  |
Personnel expenses | 271,718 |  | 16,621 |  | 78,406 |  | 11,682 |  | 378,427 |
Product and content delivery expenses | 7,427 |  | 25,765 |  | 3,971 |  | 39,249 |  | 76,412 |
Other expenses (2) | 6,607 |  | 2,901 |  | 3,728 |  | 799 |  | 14,035 |
Gross contribution | 923,772 |  | 30,489 |  | 41,517 |  | 19,654 |  | 1,015,432 |
Cost of services and product development - unallocated (3) |  |  |  |  | 6,468 |
Selling, general and administrative |  |  |  |  | 711,729 |
Depreciation and amortization |  |  |  |  | 51,252 |
Acquisition and integration charges |  |  |  |  | 159 |
Interest expenses and other, net |  |  |  |  | 18,952 |
Gain on event cancellation insurance claims |  |  |  |  | (300,000) |
Income before income taxes |  |  |  |  | $ | 526,872 |
Nine Months Ended September 30, 2025 | Insights | Conferences | Consulting | Other (1) | Consolidated
Revenues | $ | 3,789,798 |  | $ | 358,558 |  | $ | 418,873 |  | $ | 177,427 |  | $ | 4,744,656 |
Less: |  |  |  |  |
Personnel expenses | 850,941 |  | 55,015 |  | 246,644 |  | 26,305 |  | 1,178,905 |
Product and content delivery expenses | 19,429 |  | 114,901 |  | 10,902 |  | 96,886 |  | 242,118 |
Other expenses (2) | 18,426 |  | 12,560 |  | 11,158 |  | 1,648 |  | 43,792 |
Gross contribution | 2,901,002 |  | 176,082 |  | 150,169 |  | 52,588 |  | 3,279,841 |
Cost of services and product development - unallocated (3) |  |  |  |  | 16,164 |
Selling, general and administrative |  |  |  |  | 2,269,753 |
Depreciation and amortization |  |  |  |  | 152,452 |
Goodwill impairment |  |  |  |  | 150,000 |
Interest expenses and other, net |  |  |  |  | 37,189 |
Income before income taxes |  |  |  |  | $ | 654,283 |
Nine Months Ended September 30, 2024 | Insights | Conferences | Consulting | Other (1) | Consolidated
Revenues | $ | 3,582,238 |  | $ | 331,929 |  | $ | 405,291 |  | $ | 232,834 |  | $ | 4,552,292 |
Less: |  |  |  |  |
Personnel expenses | 804,736 |  | 48,844 |  | 233,800 |  | 35,409 |  | 1,122,789 |
Product and content delivery expenses | 17,466 |  | 109,614 |  | 10,844 |  | 116,854 |  | 254,778 |
Other expenses (2) | 17,325 |  | 11,615 |  | 11,124 |  | 2,166 |  | 42,230 |
Gross contribution | 2,742,711 |  | 161,856 |  | 149,523 |  | 78,405 |  | 3,132,495 |
Cost of services and product development - unallocated (3) |  |  |  |  | 28,300 |
Selling, general and administrative |  |  |  |  | 2,113,633 |
Depreciation and amortization |  |  |  |  | 151,093 |
Acquisition and integration charges |  |  |  |  | 977 |
Interest expenses and other, net |  |  |  |  | 52,766 |
Gain on event cancellation insurance claims |  |  |  |  | (300,000) |
Income before income taxes |  |  |  |  | $ | 1,085,726 |
(1)Other includes our Digital Markets operating segment. (2)Other consists primarily of travel and entertainment and workplace expenses. (3)The unallocated amounts consist of certain bonus and fringe costs recorded in consolidated Cost of services and product development that are not allocated to segment expense. The Company’s policy is to allocate bonuses to segments at 100% of a segment employee’s target bonus. Amounts above or below 100% are absorbed by corporate.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration