Gartner Q2 FY2026: EPS up 33.1% while revenue slips 0.6%
Gartner's second quarter of fiscal 2026 was a profit story, not a growth story: GAAP earnings per share rose 33.1% and adjusted EPS beat the $3.87 consensus by about 13.1%, while reported revenue slipped 0.6% to $1.68 billion. Read the quarter as margin and buyback strength sitting on a flat top line, with part of the revenue drag coming from a divested operation.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $4.14, up 33.1%, and adjusted EPS was $4.37, up 23.8%. Both beat the $3.87 consensus estimate, GAAP by roughly 7.1% and adjusted by roughly 13.1%. Note the gap between net income growth of 14.4% and EPS growth of 33.1%: diluted shares fell to 66.6 million from 77.4 million, so buybacks did a lot of the per-share work.
Revenue came in at $1.68 billion, down 0.6% as reported and 1.6% on an FX-neutral basis. Strip out the Digital Markets operation Gartner sold, and adjusted revenue rose 2.8% as reported and 1.8% FX neutral, because last year's quarter still carried $56 million of that divested business. So the headline decline is mostly a comparison effect, not customers leaving in droves.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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