Gartner reported second quarter 2026 revenue of $1.68 billion, a decrease of 0.6% year-over-year, alongside GAAP diluted EPS of $4.14, a 33.1% increase from the prior year. While revenue came in below analyst expectations, profitability significantly outperformed, driven by operational efficiency and substantial share repurchases.
Key Highlights
- Adjusted EPS rose 23.8% to $4.37, exceeding analyst consensus of $3.77.
- The company repurchased 3.6 million common shares for $547 million during the quarter.
- Gartner's Board of Directors authorized an incremental $500 million for share repurchases in July 2026.
- Total Contract Value grew 1.7% year-over-year on a foreign exchange neutral basis, reaching $5.3 billion.