Q2 25 EPS
$3.53
BEAT +6.80%
Est. $3.31
Q2 25 Revenue
$1.69B
BEAT +0.74%
Est. $1.67B
vs S&P Since Q2 25
-64.2%
TRAILING MARKET
IT -45.3% vs S&P +18.9%
Market Reaction
Did IT Beat Earnings? Q2 2025 Results
Gartner delivered a solid second quarter, beating Wall Street expectations on both the top and bottom lines as the research and advisory firm posted adjusted EPS of $3.53, ahead of the $3.31 consensus by 6.80%, while revenue of $1.69 billion grew 5.7… Read more Gartner delivered a solid second quarter, beating Wall Street expectations on both the top and bottom lines as the research and advisory firm posted adjusted EPS of $3.53, ahead of the $3.31 consensus by 6.80%, while revenue of $1.69 billion grew 5.7% year over year and edged past estimates by 0.74%. The outperformance was broad-based across all three segments, with the company's newly rebranded Business and Technology Insights division, formerly called Research, anchoring results with a 73.9% contribution margin. Adjusted EBITDA climbed 6.6% to $443.00 million, and contract value reached $5.00 billion, growing 4.9% on an FX-neutral basis, with the Global Business Sales segment showing particular momentum at 9.2% FX-neutral growth. Capital return remained aggressive, with Gartner repurchasing 0.7 million shares for $274.00 million during the quarter and the Board authorizing an additional $700.00 million in buyback capacity in July; however, the stock has faced pressure this year as investors weigh competitive concerns around AI-driven insights against the company's updated full-year 2025 outlook, details of which are available in its earnings supplement.
Key Takeaways
- • Contract value growth of 4.9% FX neutral to $5.0 billion
- • Global Business Sales contract value grew 9.2% FX neutral
- • Conferences revenue grew 13.6% year-over-year
- • Lower interest expense ($11.8 million vs $20.0 million) benefited net income
- • Accelerated share repurchases reduced diluted share count from 78.3 million to 77.4 million
IT YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
IT Revenue by Segment
With YoY comparisons, source: SEC Filings
“Second quarter Revenue, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow were ahead of expectations. Contract value grew 5%. Since the end of the first quarter, we have accelerated our stock buybacks to increase shareholder value. As we continue to rollout AskGartner, our new AI-powered tool that provides faster access to trusted, proprietary Gartner business and technology insights, clients will realize even more value from their licenses.”
— Gene Hall, Q2 2025 Earnings Press Release
IT Earnings Trends
IT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
IT EPS Trend
Earnings per share: estimate vs actual
IT Revenue Trend
Quarterly revenue: estimate vs actual
IT Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.92 | $3.32 | +13.64% | $1.51B | -0.28% |
| Q4 25 BEAT FY | $3.51 | $3.94 | +12.21% | $1.75B | +0.21% |
| FY Full Year | — | $13.17 | — | $6.50B | — |
| Q3 25 BEAT | $2.43 | $2.76 | +13.73% | $1.52B | +0.23% |
| Q2 25 BEAT | $3.31 | $3.53 | +6.80% | $1.69B | +0.74% |
| Q1 25 BEAT | $2.72 | $2.98 | +9.71% | $1.53B | -0.05% |
| Q4 24 BEAT FY | $3.26 | $5.45 | +67.22% | $1.72B | +1.46% |
| FY Full Year | — | $14.09 | — | $6.30B | — |
| Q3 24 BEAT | $2.38 | $2.50 | +5.04% | $1.48B | +0.62% |