Companies /Technology

Gartner Inc

NYSE: IT Information Technology Services
$196.60
â–² $3.64 (+1.89%) today
Markets closed · 9:17am ET

Q4 2025 Earnings

Reported Feb 3, 2026, 6:01am ET · SEC source
$3.94
Beat +12.21%
EPS · est. $3.51
$1.8B
Beat +0.21%
Revenue · est. $1.7B
+8.0%
Beating market
IT vs S&P since report
7 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−27%−18%−9%0Feb 3Feb 4report 6:01am ETearnings−1.4%−27.7%
−27%−18%−9%0Feb 3Feb 4earnings−1.4%−27.7%
IT −27.7%S&P 500 −1.4%
−27%−18%−9%0Feb 3Feb 4report 6:01am ETearnings−3.6%−27.7%
−27%−18%−9%0Feb 3Feb 4earnings−3.6%−27.7%
IT −27.7%NASDAQ −3.6%
−18%−9%0+9%Feb 2Feb 11report 6:01am ETearnings−0.6%−16.5%
−18%−9%0+9%Feb 2Feb 11earnings−0.6%−16.5%
IT −16.5%S&P 500 −0.6%
−18%−9%0+9%Feb 2Feb 11report 6:01am ETearnings−2.8%−16.5%
−18%−9%0+9%Feb 2Feb 11earnings−2.8%−16.5%
IT −16.5%NASDAQ −2.8%
−20.87%
Day of report
−1.45%
Next session
−0.17%
One week
+5.52%
30 days

S&P 500 over the same 30 days: −2.49%.

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 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

“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.”

Gartner CEO, on the earnings call

Forward Guidance & Outlook

Gartner expects contract value (CV) to accelerate throughout 2026. The company provided its financial outlook for full year 2026 in an accompanying earnings supplement available on its Investor Relations website. The company also entered into a definitive agreement to divest the Digital Markets business.

IT YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$500.0M$1.0B$1.5B$1.7B$1.8BRevenue$1.1B$1.2BGross Profit$317.8M$334.2MOperating Income$398.6M$242.1MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

IT Revenue by Segment

Insights$1.3B+3.0%
Conferences$286.2M+14.0%
Consulting$133.6M−13.0%

Figures from SEC filings and company reports. Not investment advice.