Gartner, Inc. reported its financial results for the second quarter of 2026, revealing total revenues of $1.68 billion, a slight decrease of 1% compared to $1.69 billion in the same period last year. The decline was primarily attributed to the divestiture of its Digital Markets business, which was completed in February 2026. Insights revenue increased by 2% to $1.29 billion, while Conferences revenue rose by 15% to $244.2 million. However, Consulting revenue fell by 9% to $141.9 million. For the first half of 2026, total revenues were $3.19 billion, down from $3.22 billion in the prior year.

The company's net income for the second quarter was $275.5 million, up 14% from $240.8 million in the same quarter of 2025. This increase in profitability was driven by a reduction in operating expenses, which fell to $1.30 billion from $1.36 billion year-over-year. Operating income for the quarter rose to $378.5 million, a 16% increase from $327.1 million in the previous year. The diluted earnings per share also improved, reaching $4.14 compared to $3.11 in the prior year.

Gartner's strategic developments included the completion of the sale of its Digital Markets business for approximately $104.8 million, which resulted in a pre-tax gain of $5.4 million. The company continues to focus on its core segments: Insights, Conferences, and Consulting. As of June 30, 2026, Gartner employed 19,285 individuals, reflecting an 8% decrease from the previous year, primarily due to reductions in the Insights segment and the divested Digital Markets business.

Operationally, Gartner reported a client retention rate of 85% for its Global Technology Sales segment, with a contract value of $5.28 billion as of June 30, 2026, marking a 2% increase year-over-year. The number of destination conferences held decreased slightly, with 18 conferences in the second quarter of 2026 compared to 19 in the same period of 2025. The company also noted a backlog increase in its Consulting segment, indicating future revenue potential.

Looking ahead, Gartner expressed optimism about its ability to maintain and expand its product offerings while navigating a competitive landscape. The company anticipates continued growth in its Insights and Conferences segments, despite challenges in the Consulting segment. Gartner's management remains focused on operational efficiency and strategic investments to drive long-term value for shareholders.

About GARTNER INC

Gartner, Inc. provides enterprise clients with research, conferences, and consulting services to support strategic decision-making. Its core offerings include independent, data-driven insights, industry-leading events, and tailored advisory support across global markets. The company leverages proprietary methodologies, a vast network of experts, and a strong brand to help organizations navigate digital transformation, technology investments, and market disruptions.

This description was generated via AI from an annual report. Updated about 1 year ago.

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