Gartner, Inc. (NYSE: IT) reported its financial results for the three months ended September 30, 2026, in a filing released on November 3, 2026. The company highlighted significant growth in profitability and confirmed its capital allocation strategy.
For the third quarter of 2026, Gartner reported diluted earnings per share (EPS) of $3.35, representing a 613% increase compared to the same period in the prior year. Adjusted EPS, which excludes certain non-recurring items, was $3.59, up 30.1% year-over-year. The company also reported net income of $214 million, a 506% increase from $35 million in the prior year.
On the revenue front, reported revenues for the quarter were $1.505 billion, a decrease of 1.3% year-over-year. However, when adjusted for foreign currency fluctuations and the impact of divested operations, Adjusted Revenues stood at $1.505 billion, a 2.4% increase. Adjusted EBITDA excluding divested operations was $364 million, a 7.5% increase from the prior year.
Gartner’s Contract Value, measured on a foreign currency-neutral basis, was $5.3 billion for the quarter. This figure represents a 1.1% sequential increase and a 2.5% increase year-over-year. The company also reported operating cash flow of $294 million and free cash flow of $275 million.
In terms of capital allocation, Gartner repurchased 0.9 million common shares during the quarter for a total of $138 million. Over the last four quarters, the company has repurchased $1.7 billion of its common stock.
Gartner updated its financial outlook for the full year 2026, raising its guidance for Revenues, Adjusted EBITDA excluding divested operation, Adjusted EPS, and Free Cash Flow.