Gartner Reports Q3 2026 Results: Net Income Up 506% and Adjusted EPS Up 30.1%

Executive Summary

On November 3, 2026, Gartner, Inc. (NYSE: IT) filed a Form 8-K under Items 2.02 and 7.01 reporting financial results for the third quarter ended September 30, 2026, and updating its full-year 2026 guidance.

Key Financial Highlights (Q3 2026 vs. Q3 2025)

• Revenues: GAAP revenue was $1,505 million, down 1.3% as reported and down 1.1% on an FX-neutral basis. Adjusted revenue (excluding the Digital Markets divested operation) was $1,505 million, up 2.4% as reported and 2.6% FX-neutral.
• Profitability: GAAP Net Income surged 506.4% to $214 million compared to $35 million in Q3 2025. GAAP Diluted EPS was $3.35 (+612.8% YoY).
• Non-GAAP Metrics: Adjusted EPS grew 30.1% to $3.59 compared to $2.76 in the prior-year period. Adjusted EBITDA excluding divested operations rose 7.5% to $364 million (7.4% FX-neutral).
• Cash Flow: Operating cash flow reached $294 million (-1.4%), while Free Cash Flow rose 2.2% to $275 million.

Contract Value & Segment Performance

• Contract Value (FX Neutral): Reached $5.3 billion (+1.1% sequentially, +2.5% YoY).
  • Global Technology Sales (GTS CV): $4.0 billion (+0.8% sequential, +2.1% YoY).
  • Global Business Sales (GBS CV): $1.3 billion (+1.8% sequential, +3.7% YoY).
• Segment Revenues:
  • Insights: $1,292 million (+1.7% YoY; +1.8% FX neutral); Contribution Margin of 77.6%.
  • Conferences: $86 million (+15.4% YoY; +15.3% FX neutral); Contribution Margin of 34.9%.
  • Consulting: $126 million (+2.3% YoY; +3.0% FX neutral); Contribution Margin of 33.8%.

Capital Return and Outlook

• During the third quarter of 2026, Gartner repurchased 0.9 million common shares for $138 million, bringing trailing four-quarter repurchases to $1.7 billion.
• Management raised full-year 2026 guidance for Revenue, Adjusted EBITDA excluding divested operations, Adjusted EPS, and Free Cash Flow.