Quarterly ResultMay 5, 2026, 06:13 AM
Gartner Q1 Net Income $222.3M, Diluted EPS $3.18; Divests Digital Markets
AI Summary
Gartner reported a strong first quarter for 2026, with net income increasing to $222.3 million and diluted EPS rising to $3.18, compared to the prior year. Despite a slight decrease in total revenues to $1.51 billion, primarily due to the divestiture of its Digital Markets business, operating income and cash flow from operations saw significant improvements. The company also substantially increased its share repurchases during the quarter.
Key Highlights
- Net income increased to $222.3 million in Q1 2026 from $210.9 million in Q1 2025.
- Diluted EPS rose to $3.18 in Q1 2026 from $2.71 in Q1 2025.
- Total revenues were $1.51 billion in Q1 2026, down from $1.53 billion in Q1 2025.
- Insights segment revenue grew to $1.29 billion in Q1 2026 from $1.26 billion in Q1 2025.
- Conferences segment revenue increased to $78.3 million in Q1 2026 from $72.6 million in Q1 2025.
- Cash provided by operating activities increased to $391.0 million in Q1 2026 from $313.5 million in Q1 2025.
- Gartner repurchased $534.6 million of common stock in Q1 2026, up from $162.7 million in Q1 2025.
- Completed the sale of its Digital Markets business for $104.8 million, recording a $6.1 million pre-tax gain.
Price Impact
More from IT