Gartner (IT)
NYSE:IT
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.75Last Year’s EPS
3.53Same Quarter Last Year
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a constructive financial and operational picture: the company beat expectations in the quarter, raised full-year EBITDA, EPS and free cash flow guidance, generated strong free cash flow, materially improved engagement metrics and executed significant buybacks. Offsetting this optimism were near-term headwinds — notably slow contract value growth (only 1% YoY), a March slowdown driven by geopolitical factors (impacting new business timing), a decline in consulting revenue, and a U.S. Federal drag (~250 bps). Management emphasized that many March-delayed deals closed in April and that they expect CV acceleration through 2026, while pursuing disciplined cost and capital deployment strategies. Overall, positive execution and improved guidance outweigh the transitory and macro-driven challenges.Company Guidance
Revenue and Profitability Beat Expectations
First-quarter revenue was $1.5 billion (up 2% year-over-year as reported; down 1% FX-neutral). Adjusted EBITDA was $395 million (up 6% as reported; 1% FX-neutral). Adjusted EPS was $3.32, up 11% year-over-year.
Strong Free Cash Flow and Balance Sheet Actions
Free cash flow for the quarter was $371 million (up 29% year-over-year) and rolling 4-quarter free cash flow was $1.3 billion. The company repurchased $535 million of stock in Q1 (~4% reduction in share count) and exited the quarter with about $1.7 billion of cash (approximately $1.2 billion available to deploy). Gross debt was ~$3.0 billion with reported gross debt to TTM EBITDA under 2x.
Guidance Raised
Updated full-year 2026 guidance increased: consolidated revenue at or above $6.405 billion (FX-neutral growth of 1%), EBITDA at or above $1.545 billion (margin at or above 24.1%), adjusted EPS at or above $13.25, and free cash flow at or above $1.16 billion. Q2 EBITDA guide at or above $425 million.
Contract Value and Retention Signals
Contract value (CV) at quarter-end was $5.3 billion (up 1% year-over-year, accelerated from year-end). Excluding U.S. Federal, CV grew 3.5%. Wallet retention strong in lines of business: GTS wallet retention was 97% (99% ex-Fed) and GBS wallet retention was 98%.
Improving Client Engagement and Content Investment
Engagement improved materially: monthly active user-derived engagement in Q1 was up over 170 basis points year-over-year; digital engagement up >160 bps; human interactions (analyst inquiries) up >80 bps. Content and experience metrics: high-impact documents +22%, total documents +19%, same-day event publications more than doubled. Product enhancements to AskGartner include 25-language support and PowerPoint export with biweekly releases.
Tech Vendor and Conference Performance
GTS CV (tech sales) was ~$4.0 billion and grew >3% year-over-year ex-Fed (software & services vendors continue to grow at high single-digit rates). Conferences revenue was $78 million with same-conference revenue growth around 9% FX-neutral; conferences contribution margin was 39%.
IT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $147.71 | $149.49 | +1.21% |
Feb 03, 2026 | $202.40 | $160.16 | -20.87% |
Nov 04, 2025 | $245.92 | $227.17 | -7.62% |
Aug 05, 2025 | $336.71 | $243.93 | -27.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gartner (IT) report earnings?
Gartner (IT) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Gartner (IT) earnings time?
Gartner (IT) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IT EPS forecast?
IT EPS forecast for the fiscal quarter 2026 (Q2) is 3.75.