Gartner reported Q4 2025 revenues of $1.753 billion, up 2 % year-on-year, narrowly above consensus estimates. Adjusted EBITDA reached $436 million, a 5 % increase over the prior year, and adjusted EPS of $3.94 topped the Zacks Consensus of $3.50. On a GAAP basis, net income fell 39 % to $242 million, driven by a sharp decline in EPS to $3.36 from $5.11, reflecting higher non-recurring items and amortization expense.

Management’s outlook for full-year 2026 calls for mid-single-digit revenue growth and adjusted EPS in the range of $15.50–$16.00, significantly below the average analyst forecast of $17.20. The deceleration is attributed to softer demand in the consulting division and increased investment in AI-driven research platforms. Operating cash flow is expected to moderate to approximately $1.1 billion, reflecting higher working capital absorption as customer renewal timing shifts.

Global Technology Sales Contract Value held flat at $3.9 billion on an FX-neutral basis, while Global Business Sales CV grew 3 % to $1.2 billion. Insights revenue rose 3 % to $1.283 billion, while Conferences climbed 14 % to $286 million, driven by resumed in-person symposiums. Consulting revenue declined 13 % to $134 million, as enterprises cut back on advisory projects. Contribution margins expanded in Insights and Conferences but contracted sharply in Consulting, weighing on overall profitability.

In 2025 Gartner repurchased $2 billion of stock and completed its first investment-grade bond issuance to raise $1 billion, boosting leverage to fund growth initiatives. The company also entered into a definitive agreement to divest its Digital Markets unit for approximately $500 million, freeing resources to invest in AI-enabled research tools. The board appointed two new independent directors with expertise in SaaS scaling and data analytics to strengthen governance and support the next phase of strategic execution.