it-20260331

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)


☑			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
			For the quarterly period ended March 31, 2026
			OR
☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number 1-14443

Gartner, Inc.

(Exact name of Registrant as specified in its charter)


Delaware									04-3099750
(State or other jurisdiction of									(I.R.S. Employer
incorporation or organization)									Identification Number)

P.O. Box 10212									06902-7700
56 Top Gallant Road									(Zip Code)
Stamford,
Connecticut
(Address of principal executive offices)

Registrant’s telephone number, including area code: (203) 964-0096

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, $.0005 par value per share	IT	New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

☑

Accelerated filer

☐

Non-accelerated filer

☐

Smaller reporting company

☐

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

As of May 1, 2026, 66,951,889 shares of the registrant’s common shares were outstanding.

Table of Contents


			Page
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS (Unaudited)
Condensed Consolidated Balance Sheets at March 31, 2026 and December 31, 2025			3
Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025			4
Condensed Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and 2025			5
Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31, 2026 and 2025			6
Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025			7
Notes to Condensed Consolidated Financial Statements			8
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS			23
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK			34
ITEM 4. CONTROLS AND PROCEDURES			34
PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS			35
ITEM 1A. RISK FACTORS			35
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS			35
ITEM 5. OTHER INFORMATION			35
ITEM 6. EXHIBITS			36

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

GARTNER, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(Unaudited; in thousands, except share data)


	March 31,		December 31,
	2026		2025
Assets
Current assets:
Cash and cash equivalents	$	1,666,946	$	1,722,521
Fees receivable, net of allowances of $5,000 for both periods	1,411,496		1,684,522
Deferred commissions	379,221		400,728
Prepaid expenses and other current assets	190,334		152,205
Assets held-for-sale	—		106,361
Total current assets	3,647,997		4,066,337
Property, equipment and leasehold improvements, net	204,839		214,183
Operating lease right-of-use assets	222,350		213,997
Goodwill	2,740,264		2,740,802
Intangible assets, net	315,754		336,303
Other assets	524,069		513,778
Total Assets	$	7,655,273	$	8,085,400
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued liabilities	$	862,464	$	1,236,533
Deferred revenues	3,018,870		2,810,056
Current portion of long-term debt	5,000		5,000
Liabilities held-for-sale	—		20,503
Total current liabilities	3,886,334		4,072,092
Long-term debt, net of deferred financing fees	2,977,971		2,976,674
Operating lease liabilities	275,635		270,200
Other liabilities	451,949		446,526
Total Liabilities	7,591,889		7,765,492
Stockholders’ Equity
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	—		—
Common stock, $0.0005 par value, 250,000,000 shares authorized; 163,602,067 shares issued for both periods	82		82
Additional paid-in capital	2,729,386		2,679,101
Accumulated other comprehensive loss, net	(45,055)		(41,015)
Accumulated earnings	6,944,582		6,722,238
Treasury stock, at cost, 95,724,933 and 92,752,769 common shares, respectively	(9,565,611)		(9,040,498)
Total Stockholders’ Equity	63,384		319,908
Total Liabilities and Stockholders’ Equity	$	7,655,273	$	8,085,400

See the accompanying notes to Condensed Consolidated Financial Statements.

GARTNER, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Operations

(Unaudited; in thousands, except per share data)


	Three Months Ended
	March 31,
	2026		2025
Revenues:
Insights	$	1,294,195	$	1,255,569
Conferences	78,325		72,597
Consulting	119,129		139,706
Other	19,392		66,258
Total revenues	1,511,041		1,534,130
Costs and expenses:
Cost of services and product development	429,307		475,030
Selling, general and administrative	726,349		730,308
Depreciation	25,365		28,866
Amortization of intangibles	20,066		21,894


Gain from sale of divested operation	(6,138)		—
Total costs and expenses	1,194,949		1,256,098
Operating income	316,092		278,032
Interest expense, net	(21,048)		(13,413)


Other (expense) income, net	(2,632)		2,389
Income before income taxes	292,412		267,008
Provision for income taxes	70,068		56,069
Net income	$	222,344	$	210,939

Net income per share:
Basic	$	3.19	$	2.73
Diluted	$	3.18	$	2.71
Weighted average shares outstanding:
Basic	69,796		77,357
Diluted	69,965		77,790

See the accompanying notes to Condensed Consolidated Financial Statements.

GARTNER, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive Income

(Unaudited; in thousands)


	Three Months Ended
	March 31,
	2026		2025
Net income	$	222,344	$	210,939
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(3,853)		17,046
Interest rate swaps – net change in deferred gain or loss	—		3,390
Pension plans – net change in deferred actuarial loss	(187)		48
Other comprehensive income (loss), net of tax	(4,040)		20,484
Comprehensive income	$	218,304	$	231,423

See the accompanying notes to Condensed Consolidated Financial Statements.

GARTNER, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(Unaudited; in thousands)


Three Months Ended March 31, 2026
	Common Stock		Additional Paid-In Capital		Accumulated Other Comprehensive Loss, Net		Accumulated Earnings		Treasury Stock		Total
Balance at December 31, 2025	$	82	$	2,679,101	$	(41,015)	$	6,722,238	$	(9,040,498)	$	319,908
Net income	—		—		—		222,344		—		222,344
Other comprehensive loss	—		—		(4,040)		—		—		(4,040)
Issuances under stock plans	—		4,415		—		—		4,274		8,689
Common share repurchases (including excise tax)	—		—		—		—		(529,387)		(529,387)
Stock-based compensation expense	—		45,870		—		—		—		45,870
Balance at March 31, 2026	$	82	$	2,729,386	$	(45,055)	$	6,944,582	$	(9,565,611)	$	63,384


Three Months Ended March 31, 2025
	Common Stock		Additional Paid-In Capital		Accumulated Other Comprehensive Loss, Net		Accumulated Earnings		Treasury Stock		Total
Balance at December 31, 2024	$	82	$	2,497,130	$	(88,333)	$	5,993,007	$	(7,042,717)	$	1,359,169
Net income	—		—		—		210,939		—		210,939
Other comprehensive income	—		—		20,484		—		—		20,484
Issuances under stock plans	—		5,872		—		—		3,894		9,766
Common share repurchases (including excise tax)	—		—		—		—		(152,672)		(152,672)
Stock-based compensation expense	—		50,168		—		—		—		50,168
Balance at March 31, 2025	$	82	$	2,553,170	$	(67,849)	$	6,203,946	$	(7,191,495)	$	1,497,854

SEC Form 10-Q filed by Gartner Inc.