Q4 25 EPS
$3.94
BEAT +12.21%
Est. $3.51
Q4 25 Revenue
$1.75B
BEAT +0.21%
Est. $1.75B
vs S&P Since Q4 25
-23.3%
TRAILING MARKET
IT -15.0% vs S&P +8.3%
Full Year 2025 Results
FY 25 EPS
$13.17
FY 25 Revenue
$6.50B
Market Reaction
Did IT Beat Earnings? Q4 2025 Results
Gartner posted a stronger-than-expected fourth quarter, with adjusted EPS of $3.94 beating the $3.51 consensus by 12.21%, though the headline figures carried an important asterisk: year-over-year comparisons were heavily distorted by a $96.90 million… Read more Gartner posted a stronger-than-expected fourth quarter, with adjusted EPS of $3.94 beating the $3.51 consensus by 12.21%, though the headline figures carried an important asterisk: year-over-year comparisons were heavily distorted by a $96.90 million tax benefit in Q4 2024 that inflated the prior-year base, making the 28% decline in adjusted EPS more a reflection of that dynamic than an indication of underlying deterioration. Revenue of $1.75 billion edged past estimates by 0.21%, growing 2.2% year over year, with the Conferences segment standing out at 14% growth while Consulting slipped 13% and the Digital Markets business, now slated for divestiture following a $150 million goodwill impairment in Q3, dragged on results with a 22% revenue decline. Contract value, the company's key forward indicator, reached $5.20 billion, up 1% on an FX-neutral basis, and CEO Gene Hall expressed confidence that CV growth would accelerate through 2026, a claim now drawing scrutiny from investors assessing whether the company's margin reset is temporary or structural.
Key Takeaways
- • Conferences revenue grew 14% YoY (11% FX neutral) with contribution margin expanding to 51%
- • Insights segment grew 3% with 77% contribution margin
- • Global Business Sales CV grew 3% FX neutral
- • 8% reduction in outstanding share count YoY through $2 billion in share repurchases
IT YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
IT Revenue by Segment
With YoY comparisons, source: SEC Filings
“Fourth quarter financial results were ahead of expectations. We repurchased $2 billion of Gartner stock in 2025. Over the past few months, we increased our leverage through the successful completion of our first investment-grade bond issuance, we entered into a definitive agreement to divest the Digital Markets business, and the Board appointed two new directors who bring unique and valuable skills. Looking ahead, we expect CV to accelerate throughout 2026.”
— Gene Hall, Q4 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% |