Gartner — Third Quarter 2026 Earnings Summary

Financial Performance:

• Reported revenues were $1.5 billion, a 1.3% decrease year-over-year (YoY); adjusted revenues were $1.5 billion, a 2.4% increase YoY.
• Diluted earnings per share (EPS) were $3.35, a 613% increase YoY; adjusted EPS were $3.59, a 30.1% increase YoY.
• Net income was $214 million, a 506% increase YoY compared to $35 million in the prior year period.
• Adjusted EBITDA excluding divested operations was $364 million, a 7.5% increase YoY.
• Operating cash flow was $294 million, a 1.4% decrease YoY; free cash flow was $275 million, a 2.2% increase YoY.
• Contract value, FX neutral, was $5.3 billion, representing a 1.1% sequential increase and a 2.5% YoY increase.
• Global Technology Sales (GTS) Contract Value was $4.0 billion, up 0.8% sequentially and 2.1% YoY.
• Global Business Sales (GBS) Contract Value was $1.3 billion, up 1.8% sequentially and 3.7% YoY.

Guidance and Future Outlook:

• Management increased full-year 2026 guidance for revenues, adjusted EBITDA excluding divested operations, adjusted EPS, and free cash flow.

Business Segments and Product Lines:

• Insights segment revenues were $1.292 billion, a 1.7% increase YoY.
• Conferences segment revenues were $86 million, a 15.4% increase YoY.
• Consulting segment revenues were $126 million, a 2.3% increase YoY.
• Insights segment gross contribution was $1.003 billion, a 2.9% increase YoY, with a contribution margin of 77.6%.
• Conferences segment gross contribution was $30 million, a 9.8% increase YoY, with a contribution margin of 34.9%.
• Consulting segment gross contribution was $43 million, a 21.3% increase YoY, with a contribution margin of 33.8%.

Other Key Points:

• The company repurchased 0.9 million common shares for $138 million during the quarter.
• Total stock repurchases over the last four quarters amounted to $1.7 billion.
• The company reported a gain from the sale of its divested operation in the current period, whereas the prior year period included a $150 million goodwill impairment related to the Digital Markets divested operation.
• Diluted shares outstanding decreased to 63.9 million in Q3 2026 from 75.0 million in the prior year period.
• The company will host a webcast conference call on November 3, 2026, at 8:00 a.m. Eastern time to discuss results.