Gartner Q3 FY2026: adjusted EPS tops consensus as margins widen
Gartner's third quarter looked weak at the top line — revenue of $1.50 billion, down 1.3% — but that is mostly the divested Digital Markets business dropping out of the comparison. Adjusted revenue rose 2.4%, gross margin jumped to 71.2%, and adjusted EPS of $3.59 beat the $2.93 consensus by a wide margin. Read the GAAP profit jump with care: last year's quarter carried a $150 million impairment.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $3.35 against $0.47 a year ago is a 612.8% jump that owes far more to last year's $150 million goodwill impairment than to anything that happened this quarter. Adjusted EPS of $3.59, which strips out amortization and one-off items, rose 30.1% and landed $0.66 above the $2.93 consensus. A shrinking share count did real work: diluted shares fell to 63.9 million from 75.0 million.
Revenue of $1.50 billion fell 1.3% from $1.52 billion a year ago, but $55.2 million of last year's total came from the Digital Markets operation Gartner has since sold. Strip that out and adjusted revenue rose 2.4% to the same $1.50 billion. The mix was uneven: Conferences grew 15.4% while Insights, at about 86% of revenue, grew just 1.7%.
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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 2026-11-03
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