Quarterly ResultMay 5, 2026, 06:13 AM
Gartner Q1 Diluted EPS $3.18; Adds $600M to Buyback Program
AI Summary
Gartner reported its first-quarter 2026 financial results, with diluted EPS increasing by 17.3% to $3.18 and Adjusted EPS up 11.4% to $3.32. Revenues were $1.511 billion, a 1.5% decrease as reported, while net income rose 5.4% to $222 million. The company's Board of Directors also authorized an additional $600 million for share repurchases, bringing the total remaining authorization to approximately $1.24 billion. Contract Value accelerated in the quarter, and the company repurchased $535 million of stock.
Key Highlights
- Board authorized an additional $600 million for share repurchases.
- Diluted EPS was $3.18, up 17.3% year-over-year.
- Adjusted EPS was $3.32, up 11.4% year-over-year.
- Revenues were $1.511 billion, down 1.5% as reported.
- Net income was $222 million, up 5.4%.
- Operating cash flow was $391 million, up 24.7%.
- Repurchased $535 million of common shares in Q1.
- Contract Value was $5.3 billion, up 1.0% YoY FX Neutral.